Nonprofit · EIN 85-3523803
LOITER
Tax-exempt · CLEVELAND, OH 44112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990 | $290,718 | $220,602 | $70,116 | $188,423 | $65,338 | $123,085 |
| September 30, 2022 | 990 | $200,696 | $139,048 | $61,648 | $200,331 | $123,311 | $77,020 |
Financial details: 990 for the year ended September 30, 2024
Revenue
- Contributions, gifts and grants
- $179,300
- Program service revenue
- $111,418
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,000
- Other salaries and wages
- $33,175
- Salaries, compensation and benefits (total)
- $35,422
- Professional fundraising fees
- $0
- Legal fees
- $24,930
- Occupancy
- $15,240
- Travel
- $3,752
- Depreciation
- $13,092
- Program services (functional)
- $133,507
- Management and general (functional)
- $87,095
Balance sheet and other
- Total assets, start of year
- $148,056
- Total assets, end of year
- $188,423
- Total liabilities, end of year
- $65,338
- Net assets, end of year
- $123,085
- Land, buildings and equipment
- $81,735
- Net assets without donor restrictions
- $123,085
- Gross receipts
- $290,718
- Employees
- 0
- Year formed
- 2020
- State of legal domicile
- OH
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 September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ISMAIL SAMAD | CoFounder Officer | 30 | $0 |
| ALIMA SAMAD | CoFounder President Trustee or director | 30 | $0 |
| ZAC RHEINBERGER | Treasurer Trustee or director | 2 | $0 |
| DONNA DABBS | Exec Director Trustee or director | 2 | $0 |
| KIM FOREMAN | Exec Director Trustee or director | 2 | $0 |
| MORGAN TAGGART | Program Mgr Officer | 2 | $0 |
| MARC WHITE | Director Trustee or director | 2 | $0 |
990 for the year ended September 30, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ISMAIL SAMAD | CoFounder Officer | 40 | $26,884 |
| ALIMA SAMAD | CoFounder President Trustee or director | 30 | $0 |
| ZAC RHEINBERGER | Treasurer Trustee or director | 1 | $0 |
| DONNA DABBS | Exec Director Trustee or director | 1 | $0 |
| KIM FOREMAN | Exec Director Trustee or director | 1 | $0 |
| MORGAN TAGGART | Program Mgr Officer | 5 | $0 |
| MARC WHITE | Director Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1818 WELLESLEY AVE, CLEVELAND, OH 44112-4312
- In care of
- % ALIMA SAMAD
- Principal officer (990 for 2023)
- ISMAIL SAMAD, 1818 Wellesley, Cleveland, OH 44112
- Signed the 990
- ALIMA SAMAD, CoFounder
- Phone
- (216) 930-5040
- Website
- www.loiter.us
- Return prepared by
- TLJ Professional Services Inc
Mission
Our mission is to confront the effects of systemic racism and encourag intentional re-investment needed to build successful community owned enterprises that result in spatial and economic justice
Program accomplishments
- Wake Robin Foods is a strategy to ensure predictable revenue streams to East Cleveland urban farmers.It supports local sustainable agriculture, local farmers,and the local economy through the establishment of a community owned supply chain and ecosystemExpenses $133,507 · revenue $111,418
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | Not on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 85-3523803
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $188,423
- Income (IRS master file)
- $290,718
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2024 | $290,718 | $220,602 | $188,423 | XML |
| 990 | September 2022 | $200,696 | $139,048 | $200,331 | XML |
| 990 | September 2021 | – | – | – | 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 85-3523803).
Questions about LOITER
- What is the EIN of LOITER?
- The employer identification number (EIN) of LOITER is 85-3523803.
- Is LOITER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to LOITER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOITER 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 LOITER due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOITER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2024.
- Who is the principal officer of LOITER?
- The 990 for the year ended September 30, 2024 names ISMAIL SAMAD.
- Who are the officers and directors of LOITER?
- The 990 for the year ended September 30, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does LOITER have?
- On its 990 for the year ended September 30, 2024 it reported revenue of $290,718, expenses of $220,602 and total assets of $188,423 at year end.
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All nonprofits in CLEVELAND · Ohio · Community improvement and capacity building