Luhtanen Howes Charitable Foundation Inc
- Assets
- $199.8k
- Revenue
- $137.0
- Investments
- $189.0k
- Employees
- 0
- Location
- Northville, MI
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 38-3497266
Organization Overview
Luhtanen Howes Charitable Foundation Inc is located in Northville, MI. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luhtanen Howes Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Luhtanen Howes Charitable Foundation Inc generated $137.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (63.8%) each year. All expenses for the organization totaled $10.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda L Luhtanen Secretary/ Treasurer | 1 | $0 | |
Todd A Luhtanen President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,726 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $53 |
| Total Revenue | $137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $101 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,942 |
| Total operating and administrative expenses | $2,948 |
| Contributions, gifts, grants paid | $7,600 |
| Total expenses and disbursements | $10,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,782 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $199,772 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Luhtanen Howes Charitable Foundation Inc has awarded $7,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PILOT DOGS INC (L SERVE DOG) PURPOSE: GENERAL | $2,000 |
BIKE WALK GREENVILLE PURPOSE: GENERAL | $1,000 |
TURN AWAY NO LONGER INC PURPOSE: GENERAL | $1,000 |
WORLD VISION PURPOSE: GENERAL | $2,100 |
TUNNELTO TOWERS FOUNDATION T2T PURPOSE: GENERAL | $1,000 |
EVERYONE NEEDS A STEVE PURPOSE: GENERAL | $500 |