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Nonprofit · EIN 38-1845192

LIFT FOUNDATION

Tax-exempt · PORTAGE, MI 49002

Financials

$3.6M$878K2023$495K$723K2024
Revenue Expenses · by fiscal year end
Financials of LIFT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$495,144$722,566-$227,422$9,230,435$1,044,045$8,186,390
December 31, 2023990$3,590,277$877,947$2,712,330$9,544,717$1,130,905$8,413,812
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$28,899
Program service revenue
$413,928
Investment income
$48,631
Other revenue
$3,686

Expenses

Grants and similar amounts paid
$29,603
Other salaries and wages
$74,829
Salaries, compensation and benefits (total)
$74,829
Professional fundraising fees
$0
Legal fees
$11,797
Accounting fees
$10,750
Occupancy
$129,759
Depreciation
$262,565
Program services (functional)
$697,734
Management and general (functional)
$24,832

Balance sheet and other

Total assets, start of year
$9,544,717
Total assets, end of year
$9,230,435
Total liabilities, end of year
$1,044,045
Net assets, end of year
$8,186,390
Land, buildings and equipment
$6,436,945
Net assets without donor restrictions
$8,186,390
Gross receipts
$495,144
Employees
0
Volunteers
11
Year formed
1966
State of legal domicile
MI

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
CAROLE MCNEESPRESIDENT
Trustee or director, Officer
0.1$0
DAVID ANDERSONVICE PRESIDE
Trustee or director, Officer
0.04$0
DEE VELKOFFTREASURER
Trustee or director, Officer
0.06$0
DANIEL MCGLINNSECRETARY
Trustee or director, Officer
0.04$0
ARTRELLA COHNDIRECTOR
Trustee or director
0.06$0
STACEY RANDOLPH-LEDBETTERDIRECTOR
Trustee or director
0.06$0
STEVE HASSEVOORTDIRECTOR
Trustee or director
0.04$0
MICHAEL WILLIAMSDIRECTOR
Trustee or director
0.04$0
LOLA AMOSDIRECTOR
Trustee or director
0.04$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
CAROLE MCNEESPRESIDENT
Trustee or director, Officer
0.1$0
DAVID ANDERSONVICE PRESIDE
Trustee or director, Officer
0.04$0
DEE VELKOFFTREASURER
Trustee or director, Officer
0.06$0
DANIEL MCGLINNSECRETARY
Trustee or director, Officer
0.04$0
ARTRELLA COHNDIRECTOR
Trustee or director
0.06$0
STACEY RANDOLPH-LEDBETTERDIRECTOR
Trustee or director
0.06$0
STEVE HASSEVOORTDIRECTOR
Trustee or director
0.04$0
MICHAEL WILLIAMSDIRECTOR
Trustee or director
0.04$0
LOLA AMOSDIRECTOR
Trustee or director
0.04$0

Address and contacts

Address (IRS master file)
2725 AIRVIEW BLVD STE 202, PORTAGE, MI 49002-1805
Principal officer (990 for 2024)
CAROLE MCNEES, 2725 AIRVIEW BLVD STE 202, KALAMAZOO, MI 49002
Signed the 990
CAROLE MCNEES, PRESIDENT
Phone
(269) 350-2019
Return prepared by
SEBER TANS PLC

Mission

TO PROVIDE HOUSING FOR LOW INCOME FAMILIES

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING HOUSING TO PERSONS OF A LOW OR MODERATE INCOME. PROVIDING A NEIGHBORHOOD NETWORK CENTER TO AID IN SELF SUFFICIENCY.
    Expenses $612,754 · revenue $413,928
  • HOUSING DEVELOPMENT AND SUPPORT
    Expenses $84,980 · grants $29,603

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
38-1845192
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1967
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P42Z)
Assets (IRS master file)
$9,230,435
Income (IRS master file)
$495,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$495,144$722,566$9,230,435XML
990December 2023$3,590,277$877,947$9,544,717XML
990December 2022$2,555,373$762,351$9,883,091IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about LIFT FOUNDATION

What is the EIN of LIFT FOUNDATION?
The employer identification number (EIN) of LIFT FOUNDATION is 38-1845192.
Is LIFT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to LIFT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does LIFT FOUNDATION 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 LIFT FOUNDATION 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 LIFT FOUNDATION 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 LIFT FOUNDATION?
The 990 for the year ended December 31, 2024 names CAROLE MCNEES.
Who are the officers and directors of LIFT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does LIFT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $495,144, expenses of $722,566 and total assets of $9,230,435 at year end.

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