Form 990 for tax year 2024
Filed by LADIES OF CHARITY OF CHATANOOGA INC.
Totals
- Total revenue
- $274,967
- Total expenses
- $223,346
- Contributions and grants received
- $49,959
- Grants paid
- $502
- Program service revenue
- $220,193
- Investment income
- $4,815
- Other revenue
- $0
- Total assets, end of year
- $649,235
- Total liabilities, end of year
- $2,322
- Net assets or fund balances, end of year
- $646,913
- Program services expenses (Part IX)
- $223,346
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $223,346
Program services were 100.0% 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
$21,947
-
1b · Membership dues
$0
-
1c · Fundraising events
$323
-
1d · Related organizations
$24,000
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$3,689
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: THRIFT STORE
total $220,193 · related or exempt $0 · unrelated business $0 · excluded $220,193
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $4,815 · related or exempt $0 · unrelated business $0 · excluded $4,815
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$323
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $502 · program services $502
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $85,364 · program services $85,364
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $56,534 · program services $56,534
-
10 · Payroll taxes
total $10,745 · program services $10,745
-
12 · Advertising and promotion
total $364 · program services $364
-
13 · Office expenses
total $6,309 · program services $6,309
-
14 · Information technology
total $1,489 · program services $1,489
-
16 · Occupancy
total $25,901 · program services $25,901
-
21 · Payments to affiliates
total $500 · program services $500
-
22 · Depreciation, depletion and amortization
total $11,236 · program services $11,236
-
23 · Insurance
total $6,527 · program services $6,527
-
24a · Other expenses: CREDIT CARD EXPENSE
total $1,392 · program services $1,392 · management and general $0
-
24b · Other expenses: EQUIPMENT REPAIRS/MAINTENANCE
total $9,541 · program services $9,541 · management and general $0
-
24c · Other expenses: VOLUNTEER EXPENSE
total $2,540 · program services $2,540 · management and general $0
-
24d · Other expenses: ALL OTHER EXPENSES
total $4,402 · program services $4,402 · management and general $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $161,567 · end of year $118,976
-
2 · Savings and temporary cash investments
beginning of year $148,540 · end of year $252,875
-
5 · Loans and receivables from officers and key people
beginning of year $0
-
10a · Land, buildings and equipment: cost or other basis
$463,467
-
10b · Land, buildings and equipment: accumulated depreciation
$186,927
-
10c · Land, buildings and equipment, net
beginning of year $287,776 · end of year $276,540
-
13 · Investments: program-related
beginning of year $117
-
14 · Intangible assets
end of year $844
-
17 · Accounts payable and accrued expenses
beginning of year $2,708
-
25 · Other liabilities
end of year $2,322
-
27 · Net assets without donor restrictions
beginning of year $595,292 · end of year $646,913
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
TO SERVE THE NEEDY OF OUR COMMUNITY IN A SPIRIT OF FAITH, HUMILITY AND SIMPLICITY.
-
THE OPERATION OF A THRIFT STORE IN A DISTRESSED NEIGHBORHOOD. PROVIDING AFFORDABLE USED ITEMS FOR THE COMMUNITY AND ALSO FREE ITEMS FOR THOSE WHO QUALIFY TO RECEIVE FUNDS.
Expenses $135,549 · Revenue $220,193
-
SOCIAL SERVICE MINISTRY - ASSISTANCE IS PROVIDED IN AREA'S OF RENT, UTILITIES, MEDICAL, FOOD, GAS, LEGAL FEE'S AND NON-CASH ASSISTANCE AS IN CLOTHING AND HOUSEHOLD GOODS.
Expenses $85,364
-
ANNUAL CHRISTMAS PROGRAM FOR THE COMMUNITY TO ENJOY. FOR 2024, 96 FAMILIES INCLUDING 308 CHILDREN INCLUDING ONE HOMLESS PERSON WERE SERVED FROM THE ANGEL TREE AT ST JUDE CATHOLIC CHURCH.
-
FREE LUNCH PROGRAM - 50 SANDWICHES AND FRUIT ARE DISTRIBUTED EVERY FRIDAY WE ARE OPEN. THESE SANDWICHES ARE MADE WITH MAINLY DONATED ITEMS. THIS IS 2600 SERVED.
Expenses $808
-
LAYETTE PROGRAM - WE HAVE PARTNERED MANY ORGANIZATIONS SOME OF WHICH INCLUDE ERLANGER AND PARK RIDGE HOSPITALS AND HAMILTON COUNTY HEALTH DEPT. THEY GIVE THEIR INDIGENT PATIENTS LAYETTES. EACH LAYETTE INCLUDES A NEW BASKET, DIAPERS/WIPES AND BOTTLES. HAND MADE QUILTS/BLANKETS. ALSO CLOTHING, BIBS, PACIFIERS ETC. APPROX 50 ITEMS ARE IN EACH LAYETTE WITH A VALUE OF $600, 99 LAYETTES WERE DISTRIBUTED IN 2024. WE HAVE VOLUNTEERS WHO MAKE BABY QUILTS AND BLANKETS FOR THE LAYETTES. THE LADIES AUXILIARY AND OUR THRIFT STORE HAD BABY SHOWERS FOR OUR LAYETTE PROGRAM. WE RECEIVED CLOTHING LEFT OVER FROM 2 CONSIGEMENT SALES VALUED AT APPROXIMATELY $ 4500 IN CLOTHING AND ITEMS. WE RECEIVED $2835 IN DONATIONS FOR UR LAYETTE PROGRAM.
Expenses $1,039
-
Reta Rogers Easter Basket Program - Donations are collected and accepted for this program. We have partnered with St Jude School who does a Lenten Project of collecting items for these baskets. The Ladies of Charity buys all the chocolate bunnies for the baskets. The baskets are sold from the resale store for $10 each. There were 270 baskets made this year.
Expenses $586 · Revenue $1,894
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
OpenOPEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Alyce Ownby
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
PRISCILLA McCLEAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 6
-
Constance L ShaughnessyCONSTANCE L SHAUGHNESSY
TREASURER
- Total calculated
- $0
- Hours/week
- 15
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
- 20 April 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501129349300605
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