Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $37,617

• 1f · All other contributions, gifts and grants

  $186,607

• 1g · Noncash contributions included above

  $7,544

• 2a · Program service revenue: LIFELINE

  total $44,883 · related or exempt $44,883

• 2b · Program service revenue: FARMERS MARKET

  total $19,630 · related or exempt $19,630

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $705,323 · excluded $705,323

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $2,669,335

• 7b · Less cost or other basis and sales expenses

  securities $1,446,829

• 7c · Gain or loss

  securities $1,222,506 · other assets $0

• 7d · Net gain or loss

  total $1,222,506 · excluded $1,222,506

• 8a · Fundraising events: gross income

  $2,888

• 8a · Fundraising events: contributions included on line 1c

  $37,617

• 8b · Fundraising events: direct expenses

  $18,905

• 8c · Net income from fundraising events

  total -$16,017 · excluded -$16,017

• 9a · Gaming: gross income

  $4,460

• 9b · Gaming: direct expenses

  $950

• 9c · Net income from gaming

  total $3,510 · excluded $3,510

• 10a · Gross sales of inventory

  $78,568

• 10b · Cost of goods sold

  $54,226

• 10c · Net income from sales of inventory

  total $24,342 · related or exempt $24,342

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $557,384 · program services $557,384

• 2 · Grants to domestic individuals

  total $54,576 · program services $54,576

• 11f · Fees: investment management

  total $128,764 · management and general $128,764

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $6,301 · program services $2,833 · management and general $500 · fundraising $2,968

• 13 · Office expenses

  total $117,126 · program services $99,037 · management and general $6,695 · fundraising $11,394

• 14 · Information technology

  total $13,790 · management and general $13,790

• 16 · Occupancy

  total $6,862 · program services $4,570 · management and general $2,292

• 17 · Travel

  total $910 · program services $721 · management and general $189

• 19 · Conferences, conventions and meetings

  total $1,022 · program services $858 · management and general $164

• 22 · Depreciation, depletion and amortization

  total $102,945 · management and general $102,945

• 23 · Insurance

  total $3,825 · management and general $3,825

• 24a · Other expenses: PURCHASED SERVICES

  total $306,099 · program services $101,149 · management and general $142,209 · fundraising $62,741

• 24b · Other expenses: HEALTHY BEHAVIORS

  total $34,820 · program services $34,820

• 24c · Other expenses: DONOR RECOGNITION & CULTIVATION

  total $26,584 · fundraising $26,584

• 24d · Other expenses: SALES TAX

  total $6,285 · program services $6,285

• 24e · All other expenses

  total $4,911 · program services $0 · management and general $4,911 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $315 · end of year $315

• 2 · Savings and temporary cash investments

  beginning of year $294,330 · end of year $121,765

• 3 · Pledges and grants receivable

  beginning of year $1,362,556 · end of year $948,265

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $10,524

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,113 · end of year $9,338

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

  $678,944

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

  $356,911

• 10c · Land, buildings and equipment, net

  beginning of year $424,978 · end of year $322,033

• 11 · Investments: publicly traded securities

  beginning of year $37,486,553 · end of year $40,069,847

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $1,689,957 · end of year $1,648,901

• 17 · Accounts payable and accrued expenses

  beginning of year $18,117 · end of year $25,614

• 18 · Grants payable

  beginning of year $139,116 · end of year $414,083

• 19 · Deferred revenue

  beginning of year $95,927 · end of year $92,090

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $3,451 · end of year $14,706

• 27 · Net assets without donor restrictions

  beginning of year $38,053,265 · end of year $39,991,904

• 28 · Net assets with donor restrictions

  beginning of year $2,963,450 · end of year $2,582,067

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION

MEMORIAL HEALTH, A RELATED ORGANIZATION OF LINCOLN MEMORIAL FOUNDATION USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: 1) COMPENSATION COMMITTEE; 2) INDEPENDENT COMPENSATION CONSULTANT; 3) COMPENSATION SURVEY OR STUDY; AND 4) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

DOLAN DALPOAS AND KATHRYN KEIM PARTICIPATE IN ONE OR MORE NONQUALIFIED DEFERRED COMPENSATION PLANS OF MEMORIAL HEALTH (MH), A RELATED ORGANIZATION. MH CREDITS ANNUAL CONTRIBUTION AMOUNTS TO THESE PLANS, AND THESE AMOUNTS SERVE TO PROVIDE SUPPLEMENTAL RETIREMENT INCOME. ALL CREDITED AMOUNTS ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE MH BOARD AS PART OF REASONABLE TOTAL COMPENSATION. ALL AMOUNTS CREDITED ARE UNVESTED WHILE THE EXECUTIVE IS REQUIRED TO PROVIDE SUBSTANTIAL FUTURE SERVICES, AND THEN ARE TAXED IN FULL WHEN THE SERVICE PERIOD IS COMPLETED AND THE AMOUNTS BECOME VESTED. ALL AMOUNTS CREDITED TO THESE EXECUTIVES UNDER THESE PLANS ARE INCLUDED IN COLUMN (C) AS UNVESTED, NONTAXABLE DEFERRED COMPENSATION WHEN FIRST CREDITED, AND THEN ARE AGAIN INCLUDED IN COLUMN (B)(III) WHEN THE AMOUNTS BECOME VESTED AND ARE SUBJECT TO TAX. DOLAN DALPOAS RECEIVED DEFERRED COMPENSATION PAYOUTS IN THE CALENDAR YEAR FROM MH WHICH TOTALED $29,952. KATHRYN KEIM RECEIVED DEFERRED COMPENSATION PAYOUTS IN THE CALENDAR YEAR FROM MH WHICH TOTALED $52,631. TO BECOME ENTITLED TO THE BENEFITS PROVIDED, EACH COVERED EMPLOYEE MUST MEET SUBSTANTIAL REQUIREMENTS RELATING TO FURTHER EMPLOYMENT. UNTIL THOSE REQUIREMENTS ARE SATISFIED, IF EVER, THE EMPLOYEE IS NOT ENTITLED TO THESE AMOUNTS. IF THE EMPLOYEE WERE TO HAVE TERMINATED EMPLOYMENT VOLUNTARILY IN THE YEAR TO WHICH THIS RETURN APPLIES AND NOT MET THESE SUBSTANTIAL REQUIREMENTS, THESE SUPPLEMENTAL RETIREMENT BENEFITS WOULD HAVE BEEN FORFEITED. THESE SUPPLEMENTAL RETIREMENT BENEFITS ARE PART OF A RETIREMENT PROGRAM THAT PROVIDES RETIREMENT INCOME FOR ALL YEARS OF SERVICE THAT THE EMPLOYEE PROVIDES TO THE ORGANIZATION. ACCORDINGLY, ANY RETIREMENT BENEFITS SHOULD BE VIEWED AS APPLYING TO THE ENTIRE LENGTH OF THE EMPLOYEE'S SERVICE. THE LEADERSHIP COMPENSATION COMMITTEE OF THE MH BOARD APPROVES ALL RETIREMENT BENEFITS, TOGETHER WITH ALL OTHER FORMS OF COMPENSATION AND BENEFITS FOR THESE AND OTHER SENIOR LEADERS, IN A MANNER INTENDED TO QUALIFY FOR THE "REBUTTABLE PRESUMPTION OF REASONABLENESS" UNDER FEDERAL INCOME TAX LAW.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• MEMORIAL HOME SERVICES OF CENTRAL ILLINOIS

  C CORPORATION · PROVIDE DURABLE MEDICAL EQUIPMENT AND SUPPLIES TO PATIENTS · IL

  Directly controlled by MEMORIAL HOME CARE