Nonprofit · EIN 34-1678593
LHS FOUNDATION
Tax-exempt · TOLEDO, OH 43615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,354,920 | $1,446,456 | -$91,536 | $21,158,929 | $1,635,535 | $19,523,394 |
| December 31, 2023 | 990 | $1,215,550 | $914,331 | $301,219 | $19,446,867 | $1,437,790 | $18,009,077 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $483,575
- Program service revenue
- $0
- Investment income
- $871,345
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $809,292
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $13,629
- Program services (functional)
- $809,292
- Management and general (functional)
- $637,001
- Fundraising (functional)
- $163
Balance sheet and other
- Total assets, start of year
- $19,446,867
- Total assets, end of year
- $21,158,929
- Total liabilities, end of year
- $1,635,535
- Net assets, end of year
- $19,523,394
- Publicly traded securities
- $8,789,317
- Net assets without donor restrictions
- $12,949,646
- Net assets with donor restrictions
- $6,573,748
- Gross receipts
- $1,354,920
- Employees
- 0
- Volunteers
- 18
- Year formed
- 1991
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM R MARSHALL | ASST. SEC. / Officer | 1 | $0 | $366,941 | $54,426 |
| LORINDA SCHALK | TREASURER Officer | 1 | $0 | $241,677 | $49,142 |
| JAMES BINGLE | VICE PRESIDE Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| BETH CHARVAT | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| MELISSA COLBURN | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| MARISSA FITZPATRICK | SECRETARY/PR Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| ARLENE GERIG | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| PAULA HICKS-HUDSON | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| REBECCA JAESSING | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| IAN MALHOIT | SECRETARY Trustee or director | 0.25 | $0 | $0 | $0 |
| KATRIN MCBROOM | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| REV DR TIM PHILABAUM | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| STEPHANIE SIEBEN | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| DAVID WALKUP | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM R MARSHALL | ASST. SEC. / Officer | 1 | $0 | $399,845 | $62,368 |
| LORINDA SCHALK | TREASURER Officer | 1 | $0 | $265,409 | $39,973 |
| JUDY ASHLEY | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| JAMES BINGLE | VICE PRESIDE Trustee or director, Officer | – | $0 | $0 | $0 |
| BETH CHARVAT | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| MARISSA FITZPATRICK | SECRETARY Trustee or director, Officer | – | $0 | $0 | $0 |
| ARLENE GERIG | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| PAULA HICKS-HUDSON | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| REBECCA JAESSING | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| IAN MALHOIT | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| KATRIN MCBROOM | PRESIDENT Trustee or director, Officer | – | $0 | $0 | $0 |
| REV DR TIM PHILABAUM | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
| STEPHANIE SIEBEN | DIRECTOR Trustee or director | – | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2021 NORTH MCCORD SUITE B, TOLEDO, OH 43615-3030
- Principal officer (990 for 2024)
- WILLIAM R MARSHALL, 2021 N MCCORD RD, TOLEDO, OH 43615
- Signed the 990
- LORINDA SCHALK, TREASURER
- Phone
- (419) 861-4990
Mission
THE PRIMARY EXEMPT PURPOSE OF LHS FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT FOR THE CHARITABLE ACTIVITIES OF LUTHERAN HOMES SOCIETY, INC. AND ALL ITS SUBSIDIARIES. THE LHS FOUNDATION SOLICITS, RECEIVES AND INVESTS GIFTS OF MONEY AND PROPERTY AND ADMINISTERS AND DISBURSES THE SAME AND INCREMENTS THEREON FOR SUCH EXCLUSIVELY CHARITABLE USES. LUTHERAN HOMES SOCIETY, INC., THE PARENT CORPORATION OF LHS FOUNDATION, PROMOTES AND FACILITATES THE CHARITABLE, RELIGIOIUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES FOR WHICH IT HAS RECEIVED TAX EXEMPTION, BY PROVIDING LHS FOUNDATION WITH BENEFITS AND SERVICES TO SUPPORT LHS FOUNDATION, INCLUDING BUT NOT LIMITED TO: PROVIDING EXECUTIVE MANAGEMENT IN TERMS OF SUPERVISION, STRATEGIC PLANNING, POLICY FORMULATION, AND ADVOCACY; ENGAGING IN ACTIVITIES INTENDED TO ASSIST LHS FOUNDATION DIRECTLY OR INDIRECTLY IN PROMOTING THE GENERAL HEALTH AND WELFARE OF COMMUNITIES IN WHICH IT OPERATES; PROMOTING MORE EFFICIENT UTILIZATION OF RESOURCES THROUGH THE EXERCISE
Program accomplishments
- LHS FOUNDATION IS A NOT-FOR PROFIT ORGANIZATION THAT FAITHFULLY GATHERS, PROTECTS, INVESTS, AND DISBURSES THE GIFTS GOD'S PEOPLE SHARE WITH THE CARING MINISTRIES OF LUTHERAN HOMES SOCIETY AS THEY PROVIDE RESIDENTIAL CARE AND SUPPORTIVE SERVICES FOR YOUTH AND ELDERLY. AS A FAITH-BASED PROVIDER OF SUCH SERVICE, LHS FOUNDATION CONTINUES TO HONOR ITS MISSION TO EXTEND ITS SERVICES TO THE VULNERABLE OF OUR POPULATION, SPECIFICALLY YOUTH AND ELDERLY. WE DEMONSTRATE BEHAVIORS REFLECTING OUR CORE VALUES OF FAITHFULNESS TO CHRIST, EQUALITY AND JUSTICE, WHOLENESS OF LIFE, INTEGRITY, QUALITY OF SERVICE, AND STEWARDSHIP OF RESOURCES. (SEE SCHEDULE O FOR ADDITIONAL INFO) LHS FOUNDATION OVERVIEW: LHS FOUNDATION PROVIDES THE FUND RAISING MECHANISM FOR THE MINISTRIES OF LUTHERAN HOMES SOCIETY TO SERVE YOUTH AND ELDERLY IN NORTHWESTERN OHIO AND SOUTHEASTERN MICHIGAN IN VARIOUS SETTINGS. IN 2022, THE ACTIVE DONOR LIST WAS 389 DONORS. THE DONATIONS PROVIDED BY THESE DONORS HELPED TO SUPPORT OUR MINISTRIES TO YOUTH AND ELDERS. LHS FOUNDATION, AS PART OF THE MINISTRY OF LUTHERAN HOMES SOCIETY, HAS ALWAYS BEEN AN EXEMPLARY PROVIDER OF SUPPORT TO OUR MINISTRIES AS THEY OFFER COMPASSIONATE, QUALITY CARE TO THOSE WE SERVE, BUT WE ARE ALSO COMMITTED TO IMPROVING AND CONTRIBUTING TO THE COMMUNITIES IN WHICH WE LIVE AND WORK. IN ADDITION TO THE RESIDENTS AND CLIENTS SERVED DIRECTLY, A WIDE VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES CONTRIBUTE TO THE ACCOMPLISHMENT OF LHS FOUNDATION'S TAX-EXEMPT PURPOSE.Expenses $809,292 · grants $809,292
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1678593
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T700)
- Assets (IRS master file)
- $21,158,929
- Income (IRS master file)
- $1,354,920
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,354,920 | $1,446,456 | $21,158,929 | XML |
| 990 | December 2023 | $1,215,550 | $914,331 | $19,446,867 | XML |
| 990 | December 2022 | $576,427 | $4,770,453 | $17,321,739 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1678593).
Questions about LHS FOUNDATION
- What is the EIN of LHS FOUNDATION?
- The employer identification number (EIN) of LHS FOUNDATION is 34-1678593.
- Is LHS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to LHS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LHS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LHS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LHS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LHS FOUNDATION?
- The 990 for the year ended December 31, 2024 names WILLIAM R MARSHALL.
- Who are the officers and directors of LHS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does LHS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,354,920, expenses of $1,446,456 and total assets of $21,158,929 at year end.
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All nonprofits in TOLEDO · Ohio · Philanthropy, voluntarism and grantmaking foundations