Lift Inc
- Assets
- $222.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, NE
- Founding
- 03/1994
- Data as of
- 09/2022
- EIN
- 47-0772943
Organization Overview
Lift Inc is located in Norfolk, NE. The organization was established in 1994. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lift 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 09/2022, Lift Inc generated $48.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $55.8k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RENTAL OF RESIDENTIAL HOUSING TO LOW INCOME ADULTS WITH CHRONIC MENTAL ILLNESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Reimer Director | 0 | $0 | |
Herman Klabunde Director | 0 | $0 | |
Linda Bills Director/vice President | 0 | $0 | |
Christina Pimentel Director | 0 | $0 | |
Marcy Brown President | 0 | $0 | |
Jean D Franchetti Executive Director/secreta | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,845 |
| Total Program Service Revenue | $22,781 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $606 |
| Total Revenue | $48,270 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,002 |
| Occupancy, rent, utilities, and maintenance | $24,864 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,938 |
| Total expenses | $55,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,451 |
| Other assets | $0 |
| Total assets | $222,608 |
| Total liabilities | $6,017 |
| Net assets or fund balances | $216,591 |