Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 61-1334374

GOOD NEWS SHELTER CORPORATION

Tax-exempt · LA GRANGE, KY 40031

Financials

$329K$310K2023$585K$334K2024
Revenue Expenses · by fiscal year end
Financials of GOOD NEWS SHELTER CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$584,683$333,648$251,035$2,678,021$521,477$2,156,544
December 31, 2023990$329,213$310,040$19,173$1,927,963$22,454$1,905,509
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$311,083
Program service revenue
$0
Investment income
$164,898
Net rental income
$65,343
Net gain from sales of assets
$153,940
Net income from fundraising events
$42,192
Other revenue
$108,702

Expenses

Grants and similar amounts paid
$33,156
Compensation of officers, directors and key employees
$63,306
Other salaries and wages
$47,627
Salaries, compensation and benefits (total)
$124,276
Professional fundraising fees
$0
Legal fees
$713
Accounting fees
$3,985
Occupancy
$96,203
Travel
$1,654
Depreciation
$49,093
Program services (functional)
$258,768
Management and general (functional)
$62,949
Fundraising (functional)
$11,931

Balance sheet and other

Total assets, start of year
$1,927,963
Total assets, end of year
$2,678,021
Total liabilities, end of year
$521,477
Net assets, end of year
$2,156,544
Land, buildings and equipment
$2,116,186
Net assets without donor restrictions
$2,156,107
Net assets with donor restrictions
$437
Gross receipts
$660,453
Employees
2
Volunteers
0
Year formed
1998
State of legal domicile
KY

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 / weekCompensationOther / benefits
STEPHANIE SKEENSEXECUTIVE DIRECTOR
Trustee or director
40$63,306$3,041
KAREN SALVADALENATREASURER
Trustee or director, Officer
0$0$0
CHARLOTTE DAWSONSECRETARY
Trustee or director, Officer
0$0$0
RICK LUCASVICE CHAIRMAN
Trustee or director, Officer
0$0$0
JON DUNLAPBOARD MEMBER
Trustee or director
0$0$0
MATTHEW MOOREBOARD MEMBER
Trustee or director
0$0$0
MARY ANN BOWLINGBOARD MEMBER
Trustee or director
0$0$0
TOM GRACECHAIRMAN
Trustee or director, Officer
0$0$0
BOB WIDMANBOARD MEMBER
Trustee or director
0$0$0
GARY BRICKENBOARD MEMBER
Trustee or director
0$0$0
DAVID STOESSBOARD MEMBER
Trustee or director
0$0$0
SUSAN RUEFFBOARD MEMBER
Trustee or director
0$0$0
J D JONESBOARD MEMBER
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
STEPHANIE SKEENSEXECUTIVE DIRECTOR
Trustee or director
40$60,251
KAREN SALVADALENATREASURER
Trustee or director, Officer
0$0
CHARLOTTE DAWSONSECRETARY
Trustee or director, Officer
0$0
RICK LUCASCHAIRMAN
Trustee or director, Officer
0$0
JON DUNLAPBOARD MEMBER
Trustee or director
0$0
DENISE HALLBOARD MEMBER
Trustee or director
0$0
MARY ANN BOWLINGBOARD MEMBER
Trustee or director
0$0
TOM GRACEVICE CHAIRMAN
Trustee or director
0$0
BOB WIDMANBOARD MEMBER
Trustee or director
0$0
GARY BRICKENBOARD MEMBER
Trustee or director
0$0
DAVID STOESSBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
115 E ADAMS ST, LA GRANGE, KY 40031-2235
In care of
% HAROLD R SMITH
Principal officer (990 for 2024)
TOM GRACE, 115 EAST ADAMS STREET SUITE 1A, LAGRANGE, KY 40031
Signed the 990
TOM GRACE, CHAIRMAN
Phone
(502) 225-0351
Return prepared by
R L MOORE PSC

Mission

GOOD NEWS HOMES IS A FAITH-BASED ORGANIZATION THAT EXISTS TO HELP DISPLACED OR AT-RISK FAMILIES, ESPECIALLY THOSE WHO ARE UNDERSERVED, FIND HOUSING AND/OR RELATED RESOURCES THAT CAN HELP THEM BECOME OR STAY SELF-SUFFICIENT.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED TRANSITIONAL HOUSING & SUPPORTIVE SERVICES TO FAMILIES THROUGH THE BEDFORD, LAGRANGE, 110 ANCHOR AVE, AND ANCHOR APARTMENTS (49 ADULTS, 41 CHILDREN); PROVIDED PERMANENT HOUSING TO 2 FAMILIES THROUGH ROSEHAVEN II & WAINO HOUSE (3 ADULTS, 3 CHILDREN); PROVIDED 314 FAMILIES (384 ADULTS AND 250 CHILDREN) WITH REFERRALS, RENTAL ASSISTANCE, COUNSELING, AND ADVOCASY.
    Expenses $127,569 · grants $33,156 · revenue $65,343
  • MAINTAIN FOUR APARTMENT BUILDINGS, A SINGLE FAMILY HOME (SOLD), AND ONE DUPLEX - INCLUDING UTILITIES, REPAIRS, AND INSURANCE ON ALL PROPERTIES
    Expenses $88,996
  • DEPRECIATION EXPENSE RELATED TO HOUSING.
    Expenses $42,203
  • GRANTS TO OTHER ORGANIZATIONS

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
61-1334374
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,678,021
Income (IRS master file)
$660,453

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$584,683$333,648$2,678,021IRS
990December 2023$329,213$310,040$1,927,963XML
990December 2022$510,258$338,357$1,912,149IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 61-1334374).

Questions about GOOD NEWS SHELTER CORPORATION

What is the EIN of GOOD NEWS SHELTER CORPORATION?
The employer identification number (EIN) of GOOD NEWS SHELTER CORPORATION is 61-1334374.
Is GOOD NEWS SHELTER CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to GOOD NEWS SHELTER CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOOD NEWS SHELTER CORPORATION 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 GOOD NEWS SHELTER CORPORATION 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 GOOD NEWS SHELTER CORPORATION 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 GOOD NEWS SHELTER CORPORATION?
The 990 for the year ended December 31, 2024 names TOM GRACE.
Who are the officers and directors of GOOD NEWS SHELTER CORPORATION?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $63,306 (STEPHANIE SKEENS, EXECUTIVE DIRECTOR).
How much revenue does GOOD NEWS SHELTER CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $584,683, expenses of $333,648 and total assets of $2,678,021 at year end.

Other nonprofits in LA GRANGE

All nonprofits in LA GRANGE · Kentucky · Housing and shelter