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Nonprofit · EIN 46-3754471

SAVE THE LORRAINE FOUNDATION

Tax-exempt · HOOPESTON, IL 60942

Financials

$211K$153K2023$126K$121K2024$235K$167K2025
Revenue Expenses · by fiscal year end
Financials of SAVE THE LORRAINE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$234,728$166,915$67,813$606,173$13,749$592,424
December 31, 2024990$126,457$121,245$5,212$535,690$11,079$524,611
December 31, 2023990$211,267$152,639$58,628$536,842$17,443$519,399
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$36,250
of which government grants
$36,250
Program service revenue
$194,389
Investment income
$892
Other revenue
$3,197

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,220
Occupancy
$21,978
Program services (functional)
$157,742
Management and general (functional)
$9,173

Balance sheet and other

Total assets, start of year
$535,690
Total assets, end of year
$606,173
Total liabilities, end of year
$13,749
Net assets, end of year
$592,424
Land, buildings and equipment
$526,994
Net assets without donor restrictions
$592,424
Gross receipts
$234,728
Employees
0
Volunteers
8
Year formed
2012
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
SAMANTHA ASKINSTREASURER
Trustee or director
–$0
DEBBIE BENJAMINBOARD MEMBER
Trustee or director
–$0
KARLA COONBOARD MEMBER
Trustee or director
–$0
TAMI GOINBOARD MEMBER
Trustee or director
–$0
ALEX HOUMESPRESIDENT
Trustee or director
–$0
ERIC HOUMESBOARD MEMBER
Trustee or director
–$0
KIM HOUMESBOARD MEMBER
Trustee or director
–$0
MARTA PIERCESECRETARY
Trustee or director
–$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
DEBBIE BENJAMINBOARD MEMBER
Trustee or director
–$0
TAMI GOINBOARD MEMBER
Trustee or director
–$0
CAROL HICKSBOARD MEMBER
Trustee or director
–$0
ALEX HOUMESPRESIDENT
Trustee or director
–$0
MARTA PIERCESECRETARY
Trustee or director
–$0
BETTY RICHARDSTREASURER
Trustee or director
–$0
JAMES RICHARDSVICE-PRESIDE
Trustee or director
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
DEBBIE BENJAMINBOARD MEMBER
Trustee or director
–$0
TAMI GOINBOARD MEMBER
Trustee or director
–$0
CAROL HICKSBOARD MEMBER
Trustee or director
–$0
ALEX HOUMESPRESIDENT
Trustee or director
–$0
MARTA PIERCESECRETARY
Trustee or director
–$0
BETTY RICHARDSTREASURER
Trustee or director
–$0
JAMES RICHARDSVICE-PRESIDE
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 247, HOOPESTON, IL 60942-0247
Mailing address (990-N for 2013)
PO Box 247, Hoopeston IL 60942
Principal officer (990 for 2025)
ALEX HOUMES
Principal officer (990-N for 2013)
Jim Richards, 808 E Maple St, Hoopeston IL 60942
Signed the 990
ALEX HOUMES, PRESIDENT
Phone
(217) 283-6111
Return prepared by
RUSSELL LEIGH & ASSOCIATES

Mission

TO RESTORE THE THEATRE IN THE COMMUNITY TO ENHANCE THE COMMUNITY

990 for the year ended December 31, 2025

Program accomplishments

  • RESTORING THEATRE/BENEFITS THE ENTIRE COMMUNITY/CURRENTLY SHOWING MOVIES AT A SMALLER THEATRE TO RAISE FUNDS AND BE KNOWN IN COMMUNITY WHILE CONTINUING TO WORK ON THE LORRAINE.
    Expenses $157,742

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-3754471
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$606,173
Income (IRS master file)
$234,728

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$234,728$166,915$606,173XML
990December 2024$126,457$121,245$535,690XML
990December 2023$211,267$152,639$536,842XML
990-TDecember 2023–––IRS
990-EZDecember 2022–––IRS
990-TDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-TDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-TDecember 2020–––IRS
990-N for 2013
Officer: Jim Richards
December 31, 2013≤ $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 46-3754471).

Questions about SAVE THE LORRAINE FOUNDATION

What is the EIN of SAVE THE LORRAINE FOUNDATION?
The employer identification number (EIN) of SAVE THE LORRAINE FOUNDATION is 46-3754471.
Is SAVE THE LORRAINE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to SAVE THE LORRAINE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAVE THE LORRAINE 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 SAVE THE LORRAINE FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAVE THE LORRAINE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SAVE THE LORRAINE FOUNDATION?
The 990 for the year ended December 31, 2025 names ALEX HOUMES.
Who are the officers and directors of SAVE THE LORRAINE FOUNDATION?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does SAVE THE LORRAINE FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $234,728, expenses of $166,915 and total assets of $606,173 at year end.

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