Nonprofit · EIN 51-0583444
LOVE INC OF MID DELMARVA INC
Tax-exempt · SEAFORD, DE 19973
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $914,048 | $778,157 | $135,891 | $1,149,080 | $16,694 | $1,132,386 |
| December 31, 2023 | 990 | $480,136 | $748,283 | -$268,147 | $1,017,766 | $21,271 | $996,495 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $911,070
- of which government grants
- $10,750
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $2,978
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $10,385
- Other salaries and wages
- $397,222
- Salaries, compensation and benefits (total)
- $448,979
- Professional fundraising fees
- $0
- Accounting fees
- $14,440
- Occupancy
- $62,157
- Travel
- $8,769
- Depreciation
- $39,153
- Program services (functional)
- $778,157
Balance sheet and other
- Total assets, start of year
- $1,017,766
- Total assets, end of year
- $1,149,080
- Total liabilities, end of year
- $16,694
- Net assets, end of year
- $1,132,386
- Land, buildings and equipment
- $826,530
- Net assets without donor restrictions
- $1,132,386
- Gross receipts
- $914,048
- Employees
- 13
- Volunteers
- 50
- Year formed
- 2006
- State of legal domicile
- DE
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 |
|---|---|---|---|
| LAUREN VANAMAN | BOARD MEMBER Trustee or director | 2 | $10,385 |
| GREG JOHNSON | BOARD MEMBER Trustee or director | 2 | $0 |
| LOUIS OWENS | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS DUKES | BOARD MEMBER Trustee or director | 2 | $0 |
| RONDA BANNING | BOARD MEMBER Trustee or director | 5 | $0 |
| JEFF BANNING | PRESIDENT Trustee or director, Officer | 15 | $0 |
| ROBERT HEMMEN | TREASURER Trustee or director, Officer | 15 | $0 |
| DAN WELCH | BOARD MEMBER Trustee or director | 2 | $0 |
| WELDON KEMKE | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| LOUIS OWENS | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS DUKES | BOARD MEMBER Trustee or director | 5 | $0 |
| RONDA BANNING | BOARD MEMEBR Trustee or director | 10 | $0 |
| JEFF BANNING | PRESIDENT Trustee or director | 15 | $0 |
| ROBERT HEMMEN | TREASURER Trustee or director | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 703 E KING ST, SEAFORD, DE 19973-3505
- In care of
- % SUSAN R KENT
- Mailing address (990-N for 2018)
- 9505 Sussex Street, Seaford DE 19973
- Principal officer (990 for 2024)
- JEFF BANNING, 22726 HAVEN WAY, LAUREL, DE 19956
- Principal officer (990-N for 2018)
- Susan R Kent, PO Box 542, Seaford DE 19973
- Signed the 990
- ROBERT HEMMEN, TREASURER
- Phone
- (302) 745-1935
- Website
- LOVEINCOFMIDDELMARVA.COM
- Return prepared by
- LANK JOHNSON & TULL CPAS
Mission
TO ORGANIZE AND COORDINATE CHURCHES IN THE MID-DELMARVA COMMUNITY TO RESPOND TO INDIVIDUAL, FAMILY AND PROJECT NEEDS IN THE NAME OF CHRIST. TO FASHION A COOPERATIVE HELPING RELATIONSHIP BETWEEN AREA AGENCIES AND CHURCHES, GENERATE UNTAPPED CHURCH RESOURCES TO MEET COMMUNITY NEEDS, DEVELOP A CLEARINGHOUSE TO SCREEN NEEDS, USE COMMUNITY RESOURCES, AND, AS IT MATURES, OTHER INITIATIVES NECESSARY TO MEET NEEDS.
Program accomplishments
- ORGANIZE AND COORDINATE CHURCHES, VOLUNTEERS, AND AGENCIES OF THE MID- DELMARVA COMMUNITY TO RESPOND TO INDIVIDUAL, FAMILY, AND COMMUNITY NEEDS AND CRISIS.Expenses $778,157
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
- 51-0583444
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $1,149,080
- Income (IRS master file)
- $914,048
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $914,048 | $778,157 | $1,149,080 | IRS |
| 990 | December 2023 | $480,136 | $748,283 | $1,017,766 | XML |
| 990 | December 2022 | $414,520 | $573,659 | $1,281,970 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Susan R Kent | December 31, 2018 | ≤ $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 51-0583444).
Questions about LOVE INC OF MID DELMARVA INC
- What is the EIN of LOVE INC OF MID DELMARVA INC?
- The employer identification number (EIN) of LOVE INC OF MID DELMARVA INC is 51-0583444.
- Is LOVE INC OF MID DELMARVA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to LOVE INC OF MID DELMARVA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOVE INC OF MID DELMARVA 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 LOVE INC OF MID DELMARVA 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 LOVE INC OF MID DELMARVA 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 LOVE INC OF MID DELMARVA INC?
- The 990 for the year ended December 31, 2024 names JEFF BANNING.
- Who are the officers and directors of LOVE INC OF MID DELMARVA INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $10,385 (LAUREN VANAMAN, BOARD MEMBER).
- How much revenue does LOVE INC OF MID DELMARVA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $914,048, expenses of $778,157 and total assets of $1,149,080 at year end.
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