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Nonprofit · EIN 62-1036037

LOWENSTEIN HOUSE

Tax-exempt · MEMPHIS, TN 38114

Financials

$536K$630K2022$556K$642K2023
Revenue Expenses · by fiscal year end
Financials of LOWENSTEIN HOUSE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$555,547$642,338-$86,791$659,851$312,266$347,585
June 30, 2023990$536,286$630,283-$93,997$758,773$324,397$434,376
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$544,266
Program service revenue
$11,281
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$440,442
Professional fundraising fees
$0
Travel
$27
Depreciation
$31,043
Program services (functional)
$103,532
Management and general (functional)
$538,806

Balance sheet and other

Total assets, start of year
$758,773
Total assets, end of year
$659,851
Total liabilities, end of year
$312,266
Net assets, end of year
$347,585
Land, buildings and equipment
$554,435
Net assets without donor restrictions
$347,585
Gross receipts
$555,547
Employees
10
Volunteers
0
Year formed
1977
State of legal domicile
TN

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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
Billy HeardExecutive Director
Trustee or director, Key employee
40$75,000
Jeffrey HiggsPresident
Key employee, Highest-paid employee
100$0
Belinda Y AllenSecretary
Trustee or director
3$0
Matt DillonBoard Member
Trustee or director
3$0
Dr Deirdre SmithBoard Member
Trustee or director
3$0
Otis FoxBoard Member
Trustee or director
3$0
Melinda HardinBoard Member
Trustee or director
3$0
Lauren D HearneBoard Member
Trustee or director
3$0
Clarrisa RichardsonBoard Member
Trustee or director
3$0
Howard R RichardsonBoard Member
Trustee or director
3$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
Billy HeardExecutive Director
Trustee or director, Key employee
40$75,000
Jeffrey HiggsPresident
Key employee, Highest-paid employee
100$0
Belinda Y AllenSecretary
Trustee or director
3$0
Matt DillonBoard Member
Trustee or director
3$0
Dr Deirdre SmithBoard Member
Trustee or director
3$0
Otis FoxBoard Member
Trustee or director
3$0
Melinda HardinBoard Member
Trustee or director
3$0
Lauren D HearneBoard Member
Trustee or director
3$0
Clarrisa RichardsonBoard Member
Trustee or director
3$0
Howard R RichardsonBoard Member
Trustee or director
3$0

Address and contacts

Address (IRS master file)
821 S BARKSDALE ST, MEMPHIS, TN 38114-1704
Principal officer (990 for 2023)
Billy Heard, 821 S Barksdale St, Memphis, TN 381141704
Signed the 990
Billy Heard, Executive Director
Phone
(901) 274-5486
Return prepared by
BANKS FINLEY WHITE & CO

Mission

Vocational training for the mentally ill.

990 for the year ended June 30, 2024

Program accomplishments

  • Adult Day Care
    Expenses $103,532 · revenue $28,977
  • Psyciatric vocational training and job placement 3
    revenue $51,608
  • Housing Program0

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-1036037
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
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P71Z)
Assets (IRS master file)
$659,851
Income (IRS master file)
$555,547

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$555,547$642,338$659,851IRS
990June 2023$536,286$630,283$758,773XML
990June 2022$656,676$741,192$868,337IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 62-1036037).

Questions about LOWENSTEIN HOUSE

What is the EIN of LOWENSTEIN HOUSE?
The employer identification number (EIN) of LOWENSTEIN HOUSE is 62-1036037.
Is LOWENSTEIN HOUSE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to LOWENSTEIN HOUSE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOWENSTEIN HOUSE 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 LOWENSTEIN HOUSE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOWENSTEIN HOUSE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of LOWENSTEIN HOUSE?
The 990 for the year ended June 30, 2024 names Billy Heard.
Who are the officers and directors of LOWENSTEIN HOUSE?
The 990 for the year ended June 30, 2024 lists 10 people; 1 received compensation from the organization, the highest $75,000 (Billy Heard, Executive Director).
How much revenue does LOWENSTEIN HOUSE have?
On its 990 for the year ended June 30, 2024 it reported revenue of $555,547, expenses of $642,338 and total assets of $659,851 at year end.

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