Nonprofit · EIN 45-2942323
LIGHTHOUSE HOUSING FOUNDATION INC
Tax-exempt (reinstated) · IOWA CITY, IA 52244
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,943,517 | $2,906,717 | $36,800 | $8,233,385 | $9,798,768 | -$1,565,383 |
| December 31, 2023 | 990 | $2,929,910 | $2,778,125 | $151,785 | $8,360,434 | $9,961,874 | -$1,601,440 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,941,138
- Investment income
- $2,379
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $481,514
- Salaries, compensation and benefits (total)
- $519,659
- Professional fundraising fees
- $0
- Legal fees
- $24,381
- Accounting fees
- $109,808
- Occupancy
- $1,543,928
- Depreciation
- $347,437
- Program services (functional)
- $2,906,717
Balance sheet and other
- Total assets, start of year
- $8,360,434
- Total assets, end of year
- $8,233,385
- Total liabilities, end of year
- $9,798,768
- Net assets, end of year
- -$1,565,383
- Land, buildings and equipment
- $6,336,510
- Gross receipts
- $2,943,517
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2008
- State of legal domicile
- IA
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 |
|---|---|---|---|
| BRUCE HAUPERT | DIRECTOR Trustee or director | 1 | $0 |
| TRACY GLAESEMANN FALCOMATA | DIRECTOR Trustee or director | 1 | $0 |
| MARY DOYLE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE HAUPERT | DIRECTOR Trustee or director | 1 | $0 |
| TRACY GLAESEMANN FALCOMATA | DIRECTOR Trustee or director | 1 | $0 |
| MARY DOYLE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1226, IOWA CITY, IA 52244-1226
- In care of
- % R BRUCE HAUPERT
- Principal officer (990 for 2024)
- BRUCE HAUPERT, PO BOX 1226, IOWA CITY, IA 522441226
- Signed the 990
- BRUCE HAUPERT, DIRECTOR
- Phone
- (319) 541-2426
- Return prepared by
- RSM US LLP
Mission
LIGHTHOUSE PROVIDES DECENT, SAFE, CLEAN HOUSING FOR RENT AT AN AFFORDABLE RATE TO LOW TO MODERATE INCOME INDIVIDUALS, INCLUDING FAMILIES, ELDERLY AND THE HANDICAPPED, AS APPROPRIATE.
Program accomplishments
- LIGHTHOUSE DEVELOPS, ACQUIRES, REHABILITATES, OWNS AND OPERATES AFFORDABLE HOUSING RENTAL UNITS INTENDED TO BE RENTED TO INDIVIDUALS AND FAMILIES WITH LOW AND VERY-LOW INCOMES.THE HOUSING UNITS ARE OCCUPIED BY RESIDENTS THAT QUALIFY AS LOW INCOME AND VERY-LOW INCOME INDIVIDUALS AND FAMILIES AS DEFINED BY THE INCOME LIMITS ESTABLISHED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).Expenses $2,906,717 · revenue $2,941,138
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
- 45-2942323
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $8,233,385
- Income (IRS master file)
- $2,943,517
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- September 11, 2012
- Reinstated
- Effective February 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,943,517 | $2,906,717 | $8,233,385 | XML |
| 990 | December 2023 | $2,929,910 | $2,778,125 | $8,360,434 | XML |
| 990 | December 2022 | $2,750,321 | $2,897,869 | $8,514,298 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 45-2942323).
Questions about LIGHTHOUSE HOUSING FOUNDATION INC
- What is the EIN of LIGHTHOUSE HOUSING FOUNDATION INC?
- The employer identification number (EIN) of LIGHTHOUSE HOUSING FOUNDATION INC is 45-2942323.
- Is LIGHTHOUSE HOUSING FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective February 15, 2012.
- Are donations to LIGHTHOUSE HOUSING FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIGHTHOUSE HOUSING FOUNDATION 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 LIGHTHOUSE HOUSING FOUNDATION INC 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 LIGHTHOUSE HOUSING FOUNDATION INC 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 LIGHTHOUSE HOUSING FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names BRUCE HAUPERT.
- Who are the officers and directors of LIGHTHOUSE HOUSING FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LIGHTHOUSE HOUSING FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,943,517, expenses of $2,906,717 and total assets of $8,233,385 at year end.
Other nonprofits in IOWA CITY
- REACH FOR YOUR POTENTIAL INC EIN 42-1349210 · last filed 990 for 2025
- SUCCESSFUL LIVING SUPPORTIVE HOUSING PROGRAM EIN 42-1470339 · last filed 990 for 2025
- HOUSING TRUST FUND OF JOHNSON COUNTY EIN 01-0764462 · last filed 990 for 2025
- RESILIENT SUSTAINABLE FUTURE FOR IOWA CITY EIN 87-3390813 · last filed 990-PF for 2024
- JOHNSON COUNTY AFFORDABLE HOUSING COALITION EIN 81-3048753 · last filed 990-EZ for 2025
- SYSTEMS SANDUSKY GROUP HOME INC EIN 42-1298082 · last filed 990-N for 2024
- STATE UNIVERSITY OF IOWA FOUNDATION EIN 42-0796760 · last filed 990 for 2025
- UNIVERSITY OF IOWA STRATEGIC INITIATIVES FUND EIN 84-4628214 · last filed 990 for 2025