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Nonprofit · EIN 41-1374314

LIFE CENTER OF FREEBORN COUNTY INC

Tax-exempt · ALBERT LEA, MN 56007

Financials

$99K$89K2023$73K$93K2024
Revenue Expenses · by fiscal year end
Financials of LIFE CENTER OF FREEBORN COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$73,385$93,061-$19,676$241,309$2,270$239,039
December 31, 2023990-EZ$98,974$89,471$9,503$261,004$2,288$258,716
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$18,617
Program service revenue
$4,648
Investment income
$17,682
Net income from fundraising events
$32,109
Other revenue
$329

Expenses

Compensation of officers, directors and key employees
$38,021
Salaries, compensation and benefits (total)
$57,724
Professional fees and payments to contractors
$4,523
Occupancy
$11,423
Printing, publications and postage
$716
Other expenses
$18,675
Program services (functional)
$76,048

Balance sheet and other

Total assets, start of year
$261,003
Total assets, end of year
$241,309
Total liabilities, end of year
$2,270
Net assets, end of year
$239,039
Cash, savings and investments
$240,244
Gross receipts
$81,142

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PATRICIA SCHUSTEREXECUTIVE DI0$38,021
LISA SCHONEMANPRESIDENT0$0
RICHARD OLSONTREASURER0$0
HEIDI HENSCHSECRETARY0$0
KEITH ERICKSONBOARD MEMBER0$0
JESSICA TOMSCHINBOARD MEMBER0$0
ERIN GUSTAFSONBOARD MEMBER0$0
ALISSA GOETTEBOARD MEMBER0$0
STACIE STENSRUDBOARD MEMBER0$0
LARRY LARSONBOARD MEMBER0$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
PATRICIA SCHUSTEREXECUTIVE DI0$17,934
LISA SCHONEMANPRESIDENT0$0
RICHARD OLSONTREASURER0$0
HEIDI HENSCHSECRETARY0$0
KEITH ERICKSONBOARD MEMBER0$0
JESSICA TOMSCHINBOARD MEMBER0$0
ERIN GUSTAFSONBOARD MEMBER0$0
ALISSA GOETTEBOARD MEMBER0$0
STACIE STENSRUDBOARD MEMBER0$0
LARRY LARSONBOARD MEMBER0$0

Address and contacts

Address (IRS master file)
407 E WILLIAM ST, ALBERT LEA, MN 56007-2964
Signed the 990-EZ
LISA SCHONEMAN, PRESIDENT
Phone
(507) 377-3469
Return prepared by
HILL BENDA SKOV AND BERNAU PA

Mission

SERVING INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABLIITIES

990-EZ for the year ended December 31, 2024

Program accomplishments

  • SERVING INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABLIITIES
    Expenses $76,048

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
41-1374314
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$241,309
Income (IRS master file)
$81,142

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$73,385$93,061$241,309IRS
990-EZDecember 2023$98,974$89,471$261,004XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 41-1374314).

Questions about LIFE CENTER OF FREEBORN COUNTY INC

What is the EIN of LIFE CENTER OF FREEBORN COUNTY INC?
The employer identification number (EIN) of LIFE CENTER OF FREEBORN COUNTY INC is 41-1374314.
Is LIFE CENTER OF FREEBORN COUNTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to LIFE CENTER OF FREEBORN COUNTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE CENTER OF FREEBORN COUNTY 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 LIFE CENTER OF FREEBORN COUNTY 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 LIFE CENTER OF FREEBORN COUNTY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LIFE CENTER OF FREEBORN COUNTY INC?
The 990-EZ for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $38,021 (PATRICIA SCHUSTER, EXECUTIVE DI).
How much revenue does LIFE CENTER OF FREEBORN COUNTY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $73,385, expenses of $93,061 and total assets of $241,309 at year end.

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