Form 990 for tax year 2024
Filed by LOVE INC OF THE KENAI PENINSULA.
Totals
- Total revenue
- $658,660
- Total expenses
- $703,036
- Contributions and grants received
- $653,688
- Grants paid
- $260,280
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $4,972
- Total assets, end of year
- $71,085
- Total liabilities, end of year
- $118,436
- Net assets or fund balances, end of year
- -$47,351
- Program services expenses (Part IX)
- $560,858
- Management and general expenses
- $138,198
- Fundraising expenses
- $3,980
- Program service expenses (Part III)
- $560,858
Program services were 79.8% 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.
-
1a · Federated campaigns
$11,003
-
1c · Fundraising events
$11,452
-
1e · Government grants (contributions)
$455,651
-
1f · All other contributions, gifts and grants
$175,582
-
8a · Fundraising events: contributions included on line 1c
$11,452
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: HAP NIN SSVF MISC
total $4,971 · related or exempt $4,971
-
11b · Other revenue: ROUNDING
total $1 · related or exempt $1
-
11e · Other revenue, total
$4,972
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $260,280 · program services $260,280
-
7 · Other salaries and wages
total $277,671 · program services $205,477 · management and general $72,194
-
9 · Other employee benefits
total $32,626 · program services $20,511 · management and general $12,115
-
10 · Payroll taxes
total $26,319 · program services $19,300 · management and general $7,019
-
11c · Fees: accounting
total $1,475 · management and general $1,475
-
12 · Advertising and promotion
total $4,781 · management and general $949 · fundraising $3,832
-
13 · Office expenses
total $2,680 · program services $1,108 · management and general $1,572
-
14 · Information technology
total $3,268 · program services $965 · management and general $2,303
-
16 · Occupancy
total $70,155 · program services $45,557 · management and general $24,598
-
19 · Conferences, conventions and meetings
total $100 · management and general $100
-
23 · Insurance
total $7,993 · program services $3,429 · management and general $4,564
-
24a · Other expenses: BANK & CREDIT CARD
total $1,255 · management and general $1,255
-
24b · Other expenses: BUSINESS REGISTRATION
total $100 · management and general $100
-
24c · Other expenses: MEMBERSHIP & DUES
total $7,055 · management and general $7,055
-
24d · Other expenses: FUNDRAISING
total $148 · fundraising $148
-
24e · All other expenses
total $7,130 · program services $4,231 · management and general $2,899
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,307 · end of year $25,442
-
3 · Pledges and grants receivable
beginning of year $9,498 · end of year $10,644
-
9 · Prepaid expenses and deferred charges
end of year $5,418
-
10a · Land, buildings and equipment: cost or other basis
$35,271
-
10b · Land, buildings and equipment: accumulated depreciation
$5,690
-
10c · Land, buildings and equipment, net
beginning of year $29,581 · end of year $29,581
-
17 · Accounts payable and accrued expenses
beginning of year $63,361 · end of year $98,436
-
24 · Unsecured notes and loans payable
end of year $20,000
-
27 · Net assets without donor restrictions
beginning of year $4,076 · end of year -$47,351
-
28 · Net assets with donor restrictions
beginning of year -$7,051
Mission and programs · 2024
Mission
We provide for basic needs, temporary shelter for people experiencing homelessness, homeless prevention and permanent housing placement.
-
ASSIST THOSE IN NEED WITH TRANSITIONAL HOUSING AND UTILITIES
Expenses $560,858
As filed on the 2024 return.
Listed in Part VII
-
SHERRIL MILLER
SECRETARY TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
MARK McKINLEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
LUCAS NETHERLAND
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
CAROLYN LOPEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
LESLIE ROHR
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 37.5
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349304130
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