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Nonprofiteer
← LOVE INC OF NEWAYGO COUNTY

Form 990 for tax year 2025

Filed by LOVE INC OF NEWAYGO COUNTY.

Totals

Total revenue
$2,075,583
Total expenses
$1,853,721
Contributions and grants received
$1,988,049
Grants paid
$850,424
Program service revenue
$0
Investment income
$32,875
Other revenue
$54,659
Total assets, end of year
$2,516,595
Total liabilities, end of year
$33,497
Net assets or fund balances, end of year
$2,483,098
Program services expenses (Part IX)
$1,284,598
Management and general expenses
$277,814
Fundraising expenses
$291,309
Program service expenses (Part III)
$1,284,598

Program services were 69.3% 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.

  • 1f · All other contributions, gifts and grants

    $1,988,049

  • 1g · Noncash contributions included above

    $1,199,572

  • 3 · Investment income

    total $32,875 · related or exempt $32,875

  • 10a · Gross sales of inventory

    $681,756

  • 10b · Cost of goods sold

    $636,404

  • 10c · Net income from sales of inventory

    total $45,352 · excluded $45,352

  • 11a · Other revenue: OTHER INCOME

    total $6,448 · related or exempt $6,448

  • 11b · Other revenue: GAIN FROM BENEFICIAL INTEREST

    total $2,859 · related or exempt $2,859

  • 11e · Other revenue, total

    $9,307

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $850,424 · program services $850,424

  • 7 · Other salaries and wages

    total $589,988 · program services $320,585 · management and general $157,575 · fundraising $111,828

  • 9 · Other employee benefits

    total $7,282 · management and general $4,259 · fundraising $3,023

  • 10 · Payroll taxes

    total $41,155 · program services $22,612 · management and general $10,846 · fundraising $7,697

  • 11g · Fees: other

    total $56,986 · program services $23,635 · management and general $11,333 · fundraising $22,018

  • 12 · Advertising and promotion

    total $16,022 · management and general $15,022 · fundraising $1,000

  • 13 · Office expenses

    total $48,372 · program services $13,462 · management and general $6,455 · fundraising $28,455

  • 16 · Occupancy

    total $42,189 · program services $12,201 · management and general $1,408 · fundraising $28,580

  • 19 · Conferences, conventions and meetings

    total $16,851 · program services $9,260 · management and general $4,440 · fundraising $3,151

  • 22 · Depreciation, depletion and amortization

    total $57,985 · program services $15,076 · management and general $1,740 · fundraising $41,169

  • 23 · Insurance

    total $22,653 · program services $12,448 · management and general $5,969 · fundraising $4,236

  • 24a · Other expenses: OTHER

    total $44,593 · management and general $44,593

  • 24b · Other expenses: TAXES/LICENSES

    total $35,413 · fundraising $35,413

  • 24c · Other expenses: VEHICLE

    total $14,174 · management and general $14,174

  • 24d · Other expenses: DONATIONS

    total $4,895 · program services $4,895

  • 24e · All other expenses

    total $4,739 · fundraising $4,739

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $390,591 · end of year $397,240

  • 2 · Savings and temporary cash investments

    beginning of year $575,804 · end of year $701,609

  • 4 · Accounts receivable

    beginning of year $5,145 · end of year $58,782

  • 8 · Inventories for sale or use

    beginning of year $289,933 · end of year $305,973

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,178

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

    $1,811,377

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

    $778,028

  • 10c · Land, buildings and equipment, net

    beginning of year $996,439 · end of year $1,033,349

  • 15 · Other assets

    beginning of year $18,325 · end of year $19,642

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,179 · end of year $33,497

  • 27 · Net assets without donor restrictions

    beginning of year $2,261,236 · end of year $2,483,098

Mission and programs · 2025

Mission

OUR MISSION IS TO MOBILIZE THE CHURCH, ACROSS DENOMINATIONS, TO TRANSFORM LIVES AND COMMUNITIES IN THE NAME OF CHRIST. THIS IS DONE BY PROVIDING VOLUNTEERS SPECIFIC, MANAGEABLE OPPORTUNITIES TO PUT THEIR FAITH AND LOVE INTO ACTION TO HELP PEOPLE IN NEED - PHYSICALLY, EMOTIONALLY, AND SPIRITUALLY.

  • LOVE INC RECEIVES REQUESTS FOR ASSISTANCE, REVIEWS EACH REQUEST FOR THE NATURE, EXTENT, AND LEGITIMACY OF THE NEED AND MATCHES THE INDIVIDUAL OR FAMILY TO THE MOST APPROPRIATE SOURCE OF ASSISTANCE, EITHER THROUGH LOVE INC OR ANOTHER COMMUNITY SOURCE. LOVE INC PROVIDES ASSISTANCE IN THE FOLLOWING AREAS: FINANCIAL MANAGEMETN CLASSES, FOOD, CLOTHING, FURNITURE AND APPLIANCES, AND FINANCIAL ASSISTANCE IN THE AREAS OF HOUSING, AUTO, UTILITIES, AND MEDICAL. "HELPING CHURCHES HELP PEOPLE".

    Expenses $1,284,598 · Grants $850,424

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Paul Black

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kristi Foster

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Del Hirdes

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Chris Johnson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Dave Kooienga

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Bob Rosenberg

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Diane Speese

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cindy Stowell

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Walmer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

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
2025
Filed
21 August 2026
IRS schema version
2025v4.0
Source object
202632369349301168

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