Heart Of Lebanon Inc is located in Lebanon, IN. The organization was established in 2016. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of Lebanon 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 12/2022, Heart Of Lebanon Inc generated $120.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $133.6k during the year ending 12/2022. 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
EVENTS HELD TO ENRICH THE DOWNTOWN HISTORIC DISTRICT TO ENHANCE ITS VIBRANCY AND QUALITY OF LIFE FOR THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Lutz President | 0 | $0 | |
Patrick Klooz Vice Preside | 0 | $0 | |
Kelly Avenatti Treasurer | 0 | $0 | |
Tracy Creek Secretary | 0 | $0 | |
Lexy Britt Director | 0 | $0 | |
Heather Schaller Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,358 |
| Total Program Service Revenue | $18,309 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,667 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,152 |
| Professional fees and other payments to independent contractors | $7,058 |
| Occupancy, rent, utilities, and maintenance | $12,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,236 |
| Total expenses | $133,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,033 |
| Other assets | $0 |
| Total assets | $58,033 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,033 |