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Nonprofit · EIN 27-2897657

LIFEBOAT ALLIANCE LTD

Tax-exempt · MOUNT VERNON, IL 62864

Financials

$301K$318K2023$285K$348K2024
Revenue Expenses · by fiscal year end
Financials of LIFEBOAT ALLIANCE LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$284,679$348,410-$63,731$1,199,276$13,537$1,185,739
December 31, 2023990$300,660$318,228-$17,568$1,256,799$8,962$1,247,837
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$266,087
of which government grants
$117,155
Program service revenue
$0
Investment income
$18,592
Net gain from sales of assets
$13,084
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$54,959
Other salaries and wages
$43,277
Salaries, compensation and benefits (total)
$105,751
Professional fundraising fees
$0
Legal fees
$46
Occupancy
$39,385
Depreciation
$29,192
Program services (functional)
$190,671
Management and general (functional)
$57,548
Fundraising (functional)
$100,191

Balance sheet and other

Total assets, start of year
$1,256,799
Total assets, end of year
$1,199,276
Total liabilities, end of year
$13,537
Net assets, end of year
$1,185,739
Land, buildings and equipment
$882,688
Publicly traded securities
$204,816
Net assets without donor restrictions
$1,185,739
Gross receipts
$342,392
Employees
4
Volunteers
142
Year formed
2010
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CAROL RUDOFSKIExecutive Dir.
Officer
40$54,959
RON LASHDirector
Trustee or director
1$0
PARKER ASPLINDirector
Trustee or director
1$0
HUNT BONANDirector
Trustee or director
1$0
DAVID OVERSTREETDirector
Trustee or director
1$0
CHAD CURDPresident
Trustee or director, Officer
4$0
RANDY STEELEAdvisor
Trustee or director
1$0
MARY MCGREERDirector
Trustee or director
1$0
MARY GARYAdvisor
Trustee or director
1$0
CHARLIE LAMONTDirector
Trustee or director
1$0
BARB BRADDYSecretary
Trustee or director, Officer
1$0
LAURI MARSHALLTreasurer
Trustee or director, Officer
4$0
DESIREE STUMPFVice President
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
JENNIFER MCARTHYExecutive Dir.
Officer
45$58,850
NATALIE SHOOKExecutive Dir.
Officer
40$11,666
RON LASHDirector
Trustee or director
1$0
MARK BLACKDirector
Trustee or director
1$0
JIM CZERWINSKIDirector
Trustee or director
1$0
HUNT BONANAdvisor
Trustee or director
1$0
DAVID OVERSTREETAdvisor
Trustee or director
1$0
MIKE BEVISDirector
Trustee or director
1$0
RANDY STEELEPresident
Trustee or director, Officer
4$0
MARY MCGREERDirector
Trustee or director
1$0
MARY GARYDirector
Trustee or director
1$0
CHARLIE LAMONTVice President
Trustee or director, Officer
1$0
BARB BRADDYSecretary
Trustee or director, Officer
1$0
LAURI MARSHALLTreasurer
Trustee or director, Officer
4$0
DESIREE STUMPFDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1717 JEFFERSON AVE, MOUNT VERNON, IL 62864-4330
In care of
% MARK J BALLARD
Mailing address (990-N for 2010)
PO Box 76, Mt Vernon IL 62864
Principal officer (990 for 2024)
CAROL RUDOFSKI, PO BOX 76, MTVERNON, IL 62864
Principal officer (990-N for 2010)
Jennifer O'Daniel, PO Box 76, Mt Vernon IL 62864
Signed the 990
CAROL RUDOFSKI, Executive Dir.
Phone
(618) 244-4088
Return prepared by
Krehbiel & Associates LLC

Mission

TO BE A CHRISTIAN MINISTRY OF SHELTER RESOURCES & SUPPORT FOR THE HOMELESS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE THE HOMELESS RESIDENTS OF JEFFERSON COUNTY AND SURROUNDING AREAS WITH A SHELTER AND BASIC NECESSITIES ALONG WITH THE NECESSARY SUPPORT TO TRANSFORM THEIR LIVES.
    Expenses $190,671

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-2897657
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,199,276
Income (IRS master file)
$342,392

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$284,679$348,410$1,199,276IRS
990December 2023$300,660$318,228$1,256,799XML
990December 2022$347,082$321,212$1,256,531IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2010
Officer: Jennifer O'Daniel
December 31, 2010≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-2897657).

Questions about LIFEBOAT ALLIANCE LTD

What is the EIN of LIFEBOAT ALLIANCE LTD?
The employer identification number (EIN) of LIFEBOAT ALLIANCE LTD is 27-2897657.
Is LIFEBOAT ALLIANCE LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to LIFEBOAT ALLIANCE LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFEBOAT ALLIANCE LTD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIFEBOAT ALLIANCE LTD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFEBOAT ALLIANCE LTD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFEBOAT ALLIANCE LTD?
The 990 for the year ended December 31, 2024 names CAROL RUDOFSKI.
Who are the officers and directors of LIFEBOAT ALLIANCE LTD?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $54,959 (CAROL RUDOFSKI, Executive Dir.).
How much revenue does LIFEBOAT ALLIANCE LTD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $284,679, expenses of $348,410 and total assets of $1,199,276 at year end.

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