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Nonprofit · EIN 43-0863738

LACOBA HOMES INC

Tax-exempt · MONETT, MO 65708

Financials

$6.1M$5.2M2023$5.9M$5.5M2024$5.6M$5.5M2025
Revenue Expenses · by fiscal year end
Financials of LACOBA HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,612,359$5,518,748$93,611$11,439,851$255,337$11,184,514
December 31, 2024990$5,940,391$5,505,351$435,040$11,358,613$266,280$11,092,333
December 31, 2023990$6,066,263$5,203,358$862,905$10,928,107$277,370$10,650,737
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$14,975
Program service revenue
$5,355,336
Investment income
$230,920
Net rental income
$11,128
Net gain from sales of assets
-$1,699
Other revenue
$11,128

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$245,792
Other salaries and wages
$2,536,357
Salaries, compensation and benefits (total)
$3,187,749
Professional fundraising fees
$0
Legal fees
$833
Accounting fees
$55,649
Occupancy
$216,754
Travel
$11,349
Depreciation
$260,223
Program services (functional)
$4,483,878
Management and general (functional)
$1,034,870

Balance sheet and other

Total assets, start of year
$11,358,613
Total assets, end of year
$11,439,851
Total liabilities, end of year
$255,337
Net assets, end of year
$11,184,514
Land, buildings and equipment
$3,565,483
Gross unrelated business income
$11,128
Gross receipts
$5,630,806
Employees
134
Volunteers
13
Year formed
1966
State of legal domicile
MO

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Michael BaldusExecutive Director
Officer
40$231,748$14,044
Debi HerndonTreasurer
Trustee or director, Officer
0.5$0$0
Joel JustusSecretary
Trustee or director, Officer
1.5$0$0
Paul WeiseVICE PRESIDENT
Trustee or director, Officer
0.5$0$0
Ronnie CrouchPRESIDENT
Trustee or director, Officer
1.5$0$0
Charles BurtonMember Beg 05/25
Trustee or director
0.5$0$0
Gary TippettMember
Trustee or director
0.5$0$0
Helen GaroutteMember BEG 06/25
Trustee or director
0.5$0$0
Jerry RibbingMEMBER
Trustee or director
0.2$0$0
Kaitlin FaucettMember Beg 04/25
Trustee or director
0.5$0$0
Phillip HoodMEMBER
Trustee or director
0.5$0$0
Scott BarnesMember
Trustee or director
0.5$0$0
Tim RiceMEMBER
Trustee or director
1$0$0
Wade RogersMember
Trustee or director
0.5$0$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
Michael BaldusExecutive Director
Officer
40$210,497$12,609
Debi HerndonTreasurer BEG 07/24
Trustee or director, Officer
0.5$0$0
Joel JustusSecretary
Trustee or director, Officer
1.5$0$0
Paul WeiseTREASURER END / VICE PRESIDENT BEG 07/24
Trustee or director, Officer
0.5$0$0
Ronnie CrouchVICE PRESIDENT END / PRESIDENT BEG 07/24
Trustee or director, Officer
1.5$0$0
Gary TippettMember
Trustee or director
0.5$0$0
Jerry RibbingMEMBER BEG 08/24
Trustee or director
0.2$0$0
JOE BEAVERMEMBER END 06/24
Trustee or director
0.5$0$0
LARRY BROWNMEMBER END 03/24
Trustee or director
0.5$0$0
Phillip HoodMEMBER BEG 07/24
Trustee or director
0.5$0$0
SAMANTHA WHITAKERMEMBER END 06/24
Trustee or director
0.5$0$0
Scott BarnesMember BEG 06/24
Trustee or director
0.5$0$0
SHIRLEY ANDRUSMEMBER END 06/24
Trustee or director
0.5$0$0
Tim RicePRESIDENT END / MEMBER BEG 07/24
Trustee or director
1$0$0
Wade RogersMember
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
Michael BaldusExecutive Director
Officer
40$192,656$30,000
John D HoltAdministrator
Highest-paid employee
40$150,116$22,000
Joel JustusSecretary
Trustee or director, Officer
0.5$0$0
Paul WeiseTreasurer
Trustee or director, Officer
0.5$0$0
Ronnie CrouchVice President
Trustee or director, Officer
1.5$0$0
Tim RicePresident
Trustee or director, Officer
2$0$0
Debi HerndonMember
Trustee or director
0.2$0$0
Gary TippettMEMBER - BEG 02/23
Trustee or director
0.3$0$0
Joe BeaverMember
Trustee or director
0.2$0$0
Larry BrownMember
Trustee or director
0.5$0$0
Samantha WhitakerMember - BEG 05/23
Trustee or director
0.2$0$0
Shirley AndrusMember
Trustee or director
1$0$0
Wade RogersMEMBER
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 885, MONETT, MO 65708-0885
In care of
% MICHAEL D BALDUS
Principal officer (990 for 2025)
MICHAEL D BALDUS, PO Box 885, Monett, MO 65708
Signed the 990
Michael D Baldus, Executive Director
Phone
(417) 235-7895
Return prepared by
Forvis Mazars LLP

Mission

THE MISSION OF LACOBA IS TO ENABLE RESIDENTS TO RECOGNIZE AND ACHIEVE THEIR HIGHEST POTENTIAL ABILITY AFTER THE ONSET OF A DISABLING DISEASE OR THE NATURAL AGING PROCESS. SEE SCHEDULE O FOR MORE INFORMATION.

990 for the year ended December 31, 2025

Program accomplishments

  • SKILLED NURSING AND REHABILITATION SERVICES - ON-SITE SERVICES INCLUDE ACTIVITIES, CLINICAL LAB, DENTAL, DIETARY, HOUSEKEEPING, MENTAL HEALTH, NURSING, OCCUPATIONAL THERAPY, PHARMACY, PHYSICAL THERAPY, PHYSICIAN, PODIATRY, SOCIAL WORK, SPEECH AND LANGUAGE PATHOLOGY, AND X-RAY SERVICES.
    Expenses $4,221,352 · revenue $5,041,787
  • THE VILLAS AT LACOBA HOMES - THE VILLAS OFFER INDEPENDENT LIVING IN UPSCALE ONE OR TWO BEDROOM APARTMENTS. THE APARTMENTS PROVIDE AN ENVIRONMENT WHERE A RESIDENT CAN MAKE HIS OR HER OWN CHOICES AND TAKE ADVANTAGE OF A VARIETY OF ACTIVITIES AND AMENITIES. THE PRIVATE RESIDENCES AT THE VILLAS INCLUDE WASHERS AND DRYERS IN EVERY APARTMENT, FULL BATH WITH SAFETY FEATURES, PATIOS IN EVERY APARTMENT, ATTACHED GARAGE AVAILABLE AND 24 HOUR EMERGENCY CALL SERVICE. ADDITIONAL AMENITIES INCLUDE BEAUTY PARLOR AND BARBER SHOP, BUILDING AND LAWN MAINTENANCE INCLUDED, CHURCH SERVICES, SOCIAL PROGRAMS AND SCHEDULED TRANSPORTATION.
    Expenses $262,526 · revenue $313,549

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-0863738
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,439,851
Income (IRS master file)
$5,630,806

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,612,359$5,518,748$11,439,851XML
990-TDecember 2025–––IRS
990December 2024$5,940,391$5,505,351$11,358,613XML
990-TDecember 2024–––IRS
990December 2023$6,066,263$5,203,358$10,928,107XML
990-TDecember 2023–––IRS
990December 2022$4,981,018$4,854,337$10,558,763IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 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 43-0863738).

Questions about LACOBA HOMES INC

What is the EIN of LACOBA HOMES INC?
The employer identification number (EIN) of LACOBA HOMES INC is 43-0863738.
Is LACOBA HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to LACOBA HOMES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LACOBA HOMES INC 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 LACOBA HOMES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LACOBA HOMES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LACOBA HOMES INC?
The 990 for the year ended December 31, 2025 names MICHAEL D BALDUS.
Who are the officers and directors of LACOBA HOMES INC?
The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $231,748 (Michael Baldus, Executive Director).
How much revenue does LACOBA HOMES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,612,359, expenses of $5,518,748 and total assets of $11,439,851 at year end.

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