Nonprofit · EIN 39-1978784
SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC
Tax-exempt · MEDFORD, WI 54451
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $119,491 | $115,143 | $4,348 | $27,122 | $0 | $27,122 |
| December 31, 2023 | 990 | $114,040 | $105,163 | $8,877 | $22,774 | $0 | $22,774 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $96,780
- Program service revenue
- $0
- Investment income
- $287
- Net income from fundraising events
- $22,424
- Other revenue
- $22,424
Expenses
- Grants and similar amounts paid
- $115,143
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $115,143
Balance sheet and other
- Total assets, start of year
- $22,774
- Total assets, end of year
- $27,122
- Total liabilities, end of year
- $0
- Net assets, end of year
- $27,122
- Gross receipts
- $119,491
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1999
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SCHIELD | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CRAIG SCHEMENAUR | VICE PRES Trustee or director, Officer | 1 | $0 |
| JESSICA DASSEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEAN LAMPI | TREASURER Trustee or director, Officer | 1 | $0 |
| TODD HALLSTRAND | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL SCHIELD | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS SCHIELD | DIRECTOR Trustee or director | 1 | $0 |
| KATIE NOZISKA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN SCHIELD | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CRAIG SCHEMENAUR | VICE PRES Trustee or director, Officer | 1 | $0 |
| JESSICA DASSEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRIS WILLE | TREASURER Trustee or director, Officer | 1 | $0 |
| TODD HALLSTRAND | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL SCHIELD | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS SCHIELD | DIRECTOR Trustee or director | 1 | $0 |
| JILL DASSOW | DIRECTOR Trustee or director | 1 | $0 |
| KATIE KOZISKA | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 309, MEDFORD, WI 54451-0309
- Principal officer (990 for 2024)
- KEVIN SCHIELD, PO BOX 309, MEDFORD, WI 54451
- Signed the 990
- KEVIN SCHIELD, PRESIDENT
- Phone
- (715) 748-2100
Mission
THE MAIN GOAL OF THE EMPLOYEE FOUNDATION IS TO IMPROVE OUR COMMUNITIES AND THE LIVES OF ITS CITIZENS BY HELPING THEM TO HELP THEMSELVES. THIS IS DONE THROUGH GIFTS OF TIME, TALENT AND TREASURE.
Program accomplishments
- Financial support was provided to 102 community organizations to support their programs pertaining to emergency services, youth activities, care of the elderly or indigent and environmental programs.Expenses $105,430 · grants $105,430
- LITE Foundation serves as a contact for organizations needing assistance with their programs. Approximately 0 hours of donated time was provided to organizations to assist with youth activities, fund raising,etc. during 2024.
- Financial support was provided to 27 individuals or families to assist them with expenses due to catastrophic events (house fires, tornadoes, medical bills etc.).Expenses $9,713 · grants $9,713
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1978784
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $27,122
- Income (IRS master file)
- $119,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $119,491 | $115,143 | $27,122 | IRS |
| 990 | December 2023 | $114,040 | $105,163 | $22,774 | XML |
| 990 | December 2022 | $84,393 | $80,427 | $13,897 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 39-1978784).
Questions about SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC
- What is the EIN of SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC?
- The employer identification number (EIN) of SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC is 39-1978784.
- Is SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC 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 SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC 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 SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC 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 SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names KEVIN SCHIELD.
- Who are the officers and directors of SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does SCHIELD FAMILY BRANDS EMPLOYEE LITE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $119,491, expenses of $115,143 and total assets of $27,122 at year end.
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All nonprofits in MEDFORD · Wisconsin · Philanthropy, voluntarism and grantmaking foundations