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Nonprofiteer
← LORETTO LIONS RETIREMENT HOME II INC

Form 990 for tax year 2025

Filed by LORETTO LIONS RETIREMENT HOME II INC.

Totals

Total revenue
$90,489
Total expenses
$122,755
Contributions and grants received
$29,270
Grants paid
$0
Program service revenue
$61,174
Investment income
$45
Other revenue
$0
Total assets, end of year
$783,180
Total liabilities, end of year
$16,308
Net assets or fund balances, end of year
$766,872
Program services expenses (Part IX)
$101,472
Management and general expenses
$21,283
Fundraising expenses
$0
Program service expenses (Part III)
$101,472

Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $29,270

  • 2a · Program service revenue: RENTS-NET

    total $50,913 · related or exempt $50,913

  • 2b · Program service revenue: TENANT CHARGES

    total $6,300 · related or exempt $6,300

  • 2c · Program service revenue: LAUNDRY AND VENDING

    total $3,961 · related or exempt $3,961

  • 3 · Investment income

    total $45 · excluded $45

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $9,221 · management and general $9,221

  • 12 · Advertising and promotion

    total $12 · program services $12

  • 13 · Office expenses

    total $2,753 · program services $2,753

  • 16 · Occupancy

    total $23,244 · program services $23,244

  • 22 · Depreciation, depletion and amortization

    total $27,036 · program services $27,036

  • 23 · Insurance

    total $6,486 · program services $6,486

  • 24a · Other expenses: CONTRACT SERVICES

    total $37,745 · program services $37,745

  • 24b · Other expenses: MISC. EXPENSE

    total $12,812 · program services $750 · management and general $12,062

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $3,446 · program services $3,446

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,351 · end of year $3,591

  • 10a · Land, buildings and equipment: cost or other basis

    $1,123,589

  • 10b · Land, buildings and equipment: accumulated depreciation

    $417,950

  • 10c · Land, buildings and equipment, net

    beginning of year $732,675 · end of year $705,639

  • 15 · Other assets

    beginning of year $75,276 · end of year $73,950

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,492 · end of year $12,752

  • 25 · Other liabilities

    beginning of year $3,672 · end of year $3,556

  • 27 · Net assets without donor restrictions

    beginning of year -$337,562 · end of year -$369,828

  • 28 · Net assets with donor restrictions

    beginning of year $1,136,700 · end of year $1,136,700

Mission and programs · 2025

Mission

PROVIDE LOW INCOME HOUSING TO THE ELDERLY.

Activities or mission (Part I)

TO PROVIDE LOW COST HOUSING FOR THE ELDERLY.

  • LOW COST HOUSING WAS PROVIDED TO THE ELDERLY.

    Expenses $101,472 · Revenue $61,174

As filed on the 2025 return.

Listed in Part VII

  • CHRIS BECKMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • STEVE KRESS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • STEVE MCMASTERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEREMY JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LANCE GREEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREG TAYLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID BECKMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARK MCMASTERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JON PETTUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202622339349301117

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