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Nonprofit · EIN 45-5590090

LMBM INC

Tax-exempt · CHAGRIN FALLS, OH 44023

Financials

$173K$239K2023$333K$287K2024
Revenue Expenses · by fiscal year end
Financials of LMBM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$333,172$287,063$46,109$1,023,742$1,193,834-$170,092
December 31, 2023990$173,462$238,560-$65,098$921,853$1,170,230-$248,377
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$274,466
Program service revenue
$30,326
Investment income
$18,058
Net gain from sales of assets
$14,229
Other revenue
$10,322

Expenses

Grants and similar amounts paid
$180
Compensation of officers, directors and key employees
$68,400
Salaries, compensation and benefits (total)
$74,090
Professional fundraising fees
$0
Accounting fees
$2,745
Depreciation
$59,735
Program services (functional)
$216,089
Management and general (functional)
$66,271
Fundraising (functional)
$4,703

Balance sheet and other

Total assets, start of year
$921,853
Total assets, end of year
$1,023,742
Total liabilities, end of year
$1,193,834
Net assets, end of year
-$170,092
Land, buildings and equipment
$844,141
Gross receipts
$338,943
Employees
3

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.

NameTitleHours / weekCompensation
GREGORY WASINSKIEXECUTIVE DI
Officer
40$27,000
ELIZABETH PETERSONTREASURER
Officer
40$23,400
AIMEE WASINSKISECRETARY
Officer
40$18,000
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GREGORY WASINSKIEXECUTIVE DI
Officer
40$30,000
ELIZABETH PETERSONTREASURER
Officer
40$26,000
AIMEE WASINSKISECRETARY
Officer
40$18,500

Address and contacts

Address (IRS master file)
8584 WASHINGTON ST SUITE 108, CHAGRIN FALLS, OH 44023-5305
In care of
% GREGORY WASINSKI
Mailing address (990-N for 2016)
8584 B East Washington St 108, Chagrin Falls OH 44023
Principal officer (990 for 2024)
GREGORY WASINSKI
Principal officer (990-N for 2016)
Gregory Wasinski, 17651 Merry Oaks Trail, Chagrin Falls OH 44023
Signed the 990
ELIZABETH PETERSON, TREASURER
Phone
(833) 538-6323
Return prepared by
KUPER HILTON & KAMINSKI INC

Mission

LET ME BE MINISTRIES INC'S(LMBM INC)MISSION IS TO OFFER PRACTICAL APPLICATION OF TEACHINGS IN THE MESSAGE OF HOPE THROUGH FAITH BY INSPIRING AND RESTORING ALL PEOPLE THROUGH ENRICHING PERSONAL GROWTH, ENCOURAGING FULLNESS OF LIFE AND RESTORING THE VALUE OF FAMILY THROUGH GOD.

990 for the year ended December 31, 2024

Program accomplishments

  • LET ME BE MINISTRIES INC (LMBM INC) SERVES AS EXTENSION OF THE CHURCH BY OFFERING PRACTICAL APPLICATIONS OF TEACHINGS BY ALLOWING GOD INTO PEOPLE'S DAILY LIVES AND INSPIRING THE WORLD WITH ENRICHMENT OF GROWTH, LIFE AND FAMILY.
    Expenses $216,089 · grants $180 · revenue $333,172

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-5590090
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X90)
Assets (IRS master file)
$1,023,742
Income (IRS master file)
$338,943

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$333,172$287,063$1,023,742XML
990December 2023$173,462$238,560$921,853XML
990December 2022$116,732$264,804$974,598IRS
990December 2021–––IRS
990-N for 2016
Officer: Gregory Wasinski
December 31, 2016≤ $50,000 receipts––e-Postcard

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 45-5590090).

Questions about LMBM INC

What is the EIN of LMBM INC?
The employer identification number (EIN) of LMBM INC is 45-5590090.
Is LMBM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to LMBM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LMBM 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 LMBM 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 LMBM 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 LMBM INC?
The 990 for the year ended December 31, 2024 names GREGORY WASINSKI.
Who are the officers and directors of LMBM INC?
The 990 for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $27,000 (GREGORY WASINSKI, EXECUTIVE DI).
How much revenue does LMBM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $333,172, expenses of $287,063 and total assets of $1,023,742 at year end.

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