Nonprofit · EIN 83-2546384
LM1983 INC
Tax-exempt · TUSTIN, CA 92782
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $139,202 | $355,682 | -$216,480 | $9,706,645 | $0 | $9,706,645 |
| December 31, 2023 | 990-PF | $377,931 | $374,869 | $3,062 | $7,821,301 | $0 | $7,821,301 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $112,863
- Interest
- $9,722
- Net gain from sales of assets
- $16,617
Expenses
- Grants and similar amounts paid
- $348,333
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $348,333
- Excise tax on investment income
- $1,921
Balance sheet and other
- Total assets, start of year
- $7,821,301
- Total assets, end of year
- $9,706,645
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,706,645
- Fair market value of assets
- $9,706,645
- Qualifying distributions
- $348,333
- Net investment income
- $139,202
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRITTANY WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | SECRETARY | 10 | $0 |
| COURTNEY WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | CHIEF FINANCIAL OFFICER | 10 | $0 |
| MICHU WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | DIRECTOR | 0 | $0 |
| BRENDAN WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | PRESIDENT | 10 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRITTANY WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | SECRETARY | 10 | $0 |
| COURTNEY WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | CHIEF FINANCIAL OFFICER | 10 | $0 |
| LOUIS WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | DIRECTOR | 0 | $0 |
| MICHU WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | DIRECTOR | 0 | $0 |
| BRENDAN WELCH 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782 | PRESIDENT | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 13217 JAMBOREE ROAD 169, TUSTIN, CA 92782-9158
- In care of
- % COURTNEY WELCH
- Signed the 990-PF
- BRENDAN WELCH, PRESIDENT
- Phone
- (949) 255-7208
- Return prepared by
- BAZIAK & COMPANY CPAS INC
California records
California keeps its own records of charities and corporations. Search them by EIN 83-2546384 or by the name LM1983 INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-2546384
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $9,706,645
- Income (IRS master file)
- $146,781
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $139,202 | $355,682 | $9,706,645 | IRS |
| 990-PF | December 2023 | $377,931 | $374,869 | $7,821,301 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 83-2546384).
Questions about LM1983 INC
- What is the EIN of LM1983 INC?
- The employer identification number (EIN) of LM1983 INC is 83-2546384.
- Is LM1983 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to LM1983 INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LM1983 INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LM1983 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 LM1983 INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LM1983 INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LM1983 INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $139,202, expenses of $355,682 and total assets of $9,706,645 at year end.
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