Skip to main content

Nonprofit · EIN 39-1214392

LAKESHORE CAP INC OF WISCONSIN

Tax-exempt · MANITOWOC, WI 54221

Financials

$4.2M$4M2023$4.4M$4.4M2024
Revenue Expenses · by fiscal year end
Financials of LAKESHORE CAP INC OF WISCONSIN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,440,861$4,405,923$34,938$4,365,567$3,176,860$1,188,707
December 31, 2023990$4,224,336$4,019,356$204,980$4,538,919$3,385,149$1,153,770
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,084,169
of which government grants
$1,865,870
Program service revenue
$2,340,265
Investment income
$14,299
Net income from fundraising events
$2,128
Other revenue
$2,128

Expenses

Grants and similar amounts paid
$2,498,776
Compensation of officers, directors and key employees
$145,119
Other salaries and wages
$978,644
Salaries, compensation and benefits (total)
$1,298,816
Professional fundraising fees
$0
Occupancy
$176,030
Travel
$35,635
Depreciation
$79,724
Program services (functional)
$4,183,370
Management and general (functional)
$222,553

Balance sheet and other

Total assets, start of year
$4,538,919
Total assets, end of year
$4,365,567
Total liabilities, end of year
$3,176,860
Net assets, end of year
$1,188,707
Land, buildings and equipment
$1,148,165
Net assets without donor restrictions
-$163,367
Net assets with donor restrictions
$1,352,074
Gross receipts
$4,441,880
Employees
45
Volunteers
147
Year formed
1966
State of legal domicile
WI

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
COLLEEN M HOMBEXECUTIVE DIRECTOR
Officer
40$78,682
ILENE HENRYFINANCE DIRECTOR
Officer
40$66,437
MILT SWAGELDIRECTOR
Trustee or director
0.5$0
DEBRA SHERWOODDIRECTOR
Trustee or director
0.5$0
MATTHEW MARTELLDIRECTOR
Trustee or director
0.5$0
JACQUELINE LOVEDIRECTOR
Trustee or director
0.5$0
DAVE LESSDIRECTOR
Trustee or director
0.5$0
AMY JOHNSONDIRECTOR
Trustee or director
0.5$0
REBECCA CLARKEDIRECTOR
Trustee or director
0.5$0
BOB BULTMANDIRECTOR
Trustee or director
0.5$0
SEAN BLAUDIRECTOR
Trustee or director
0.5$0
ALISON PETRIMEMBER AT LARGE
Trustee or director
0.5$0
SCOTT STUCKMANNBOARD TREASURER
Trustee or director, Officer
0.5$0
DOREE STEINBOARD SECRETARY
Trustee or director, Officer
0.5$0
VIRGINIA HASKE THRU MAY '24BOARD VICE PRESIDENT
Trustee or director, Officer
0.5$0
4 more people on this return
NameTitleHours / weekCompensation
RITA METZGERBOARD PRESIDENT
Trustee or director, Officer
0.5$0
ASHLEIGH VERTINDIRECTOR
Trustee or director
0.5$0
JEAN WAKEFIELDDIRECTOR
Trustee or director
0.5$0
PEG MILLERBOARD VICE PRESIDENT
Trustee or director, Officer
0.5$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
ALISON PETRIMEMBER AT LARGE
Trustee or director
0.5$0
REBECCA CLARKDIRECTOR
Trustee or director
0.5$0
AMY JOHNSONDIRECTOR
Trustee or director
0.5$0
DAVE LESSDIRECTOR
Trustee or director
0.5$0
MATTHEW MARTELLDIRECTOR
Trustee or director
0.5$0
NANCY ROBILLARDDIRECTOR
Trustee or director
0.5$0
ASHLEIGH VERTINDIRECTOR
Trustee or director
0.5$0
JEAN WAKEFIELDDIRECTOR
Trustee or director
0.5$0
DEBRA SHORWOODDIRECTOR
Trustee or director
0.5$0
RITA METZGERBOARD PRESIDENT
Officer
0.5$0
VIRGINIA HASKEBOARD VICE PRESIDENT
Officer
0.5$0
DOREE STEINBOARD SECRETARY
Officer
0.5$0
SETH ZIPPERERBOARD TREASURER
Officer
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 2315, MANITOWOC, WI 54221-2315
Principal officer (990 for 2024)
COLLEEN HOMB, PO BOX 2315, MANITOWOC, WI 542212315
Signed the 990
COLLEEN HOMB, EXECUTIVE DIRECTOR
Phone
(920) 682-3737
Return prepared by
HAWKINS ASH CPAS LLP

Mission

TO IMPLEMENT AND ADMINISTER VARIOUS COMMUNITY ACTION PROGRAMS DESIGNED TO COMBAT POVERTY IN LOCAL COUNTIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE EMERGENCY HOUSING ASSISTANCE AND HOMEBUYER ASSISTANCE TO LOW INCOME HOUSEHOLDS.
    Expenses $721,600 · grants $407,176 · revenue $152,782
  • PROVIDE FOOD DISTRIBUTION TO LOW INCOME HOUSEHOLDS.
    Expenses $2,184,737 · grants $2,070,089 · revenue $2,062,654
  • PROVIDE FAMILY DEVELOPMENT SERVICES TO INDIVIDUALS AND FAMILIES.
    Expenses $1,053,461 · grants $21,511
  • MISCELLANEOUS SERVICES
    Expenses $223,572 · revenue $124,829

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
39-1214392
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
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)
Assets (IRS master file)
$4,365,567
Income (IRS master file)
$4,441,880

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,440,861$4,405,923$4,365,567XML
990December 2023$4,224,336$4,019,356$4,538,919XML
990December 2022$4,582,951$4,839,295$4,523,378IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

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 39-1214392).

Questions about LAKESHORE CAP INC OF WISCONSIN

What is the EIN of LAKESHORE CAP INC OF WISCONSIN?
The employer identification number (EIN) of LAKESHORE CAP INC OF WISCONSIN is 39-1214392.
Is LAKESHORE CAP INC OF WISCONSIN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to LAKESHORE CAP INC OF WISCONSIN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKESHORE CAP INC OF WISCONSIN 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 LAKESHORE CAP INC OF WISCONSIN 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 LAKESHORE CAP INC OF WISCONSIN 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 LAKESHORE CAP INC OF WISCONSIN?
The 990 for the year ended December 31, 2024 names COLLEEN HOMB.
Who are the officers and directors of LAKESHORE CAP INC OF WISCONSIN?
The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $78,682 (COLLEEN M HOMB, EXECUTIVE DIRECTOR).
How much revenue does LAKESHORE CAP INC OF WISCONSIN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,440,861, expenses of $4,405,923 and total assets of $4,365,567 at year end.

Other nonprofits in MANITOWOC

All nonprofits in MANITOWOC · Wisconsin · Unknown