Civic Intelligence

Loretto Lions Retirement Home II Inc

EIN 27-0263050 • 501(c)3 • Pulaski, TN

Profile

Provide low income housing to the elderly.

PO Box 303Pulaski, TN 38478

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.02x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.15x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

35th percentile

-2.4%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-1.0%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$812,302

Down $19,917 (-2.4%) from 2023

Liabilities

Down

$13,164

Down $1,179 (-8.2%) from 2023

Net Assets

Down

$799,138

Down $18,738 (-2.3%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin15th percentile

Revenue

Down

$85,517

Down $832 (-1.0%) from 2023

Expenses

Down

$104,255

Down $12,058 (-10%) from 2023

Net Income

Up

-$18,738

Up $11,226 (+37%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $1,056,711Liabilities 2014: $4,073Net Assets 2014: $1,052,6382014Assets 2015: $1,032,764Liabilities 2015: $10,368Net Assets 2015: $1,022,3962015Assets 2016: $1,003,315Liabilities 2016: $4,659Net Assets 2016: $998,6562016Assets 2017: $981,160Liabilities 2017: $5,288Net Assets 2017: $975,8722017Assets 2018: $955,432Liabilities 2018: $6,400Net Assets 2018: $949,0322018Assets 2019: $926,839Liabilities 2019: $9,064Net Assets 2019: $917,7752019Assets 2020: $903,511Liabilities 2020: $5,732Net Assets 2020: $897,7792020Assets 2021: $881,441Liabilities 2021: $11,772Net Assets 2021: $869,6692021Assets 2022: $859,968Liabilities 2022: $12,128Net Assets 2022: $847,8402022Assets 2023: $832,219Liabilities 2023: $14,343Net Assets 2023: $817,8762023Assets 2024: $812,302Liabilities 2024: $13,164Net Assets 2024: $799,1382024

Highlighted filing

2024

Assets$812,302
Liabilities$13,164
Net Assets$799,138
Open 2024 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $62,295Expenses 2014: $88,043Net Income 2014: -$25,7482014Revenue 2015: $65,671Expenses 2015: $95,913Net Income 2015: -$30,2422015Revenue 2016: $63,801Expenses 2016: $87,541Net Income 2016: -$23,7402016Revenue 2017: $63,868Expenses 2017: $86,652Net Income 2017: -$22,7842017Revenue 2018: $67,173Expenses 2018: $94,013Net Income 2018: -$26,8402018Revenue 2019: $65,006Expenses 2019: $96,263Net Income 2019: -$31,2572019Revenue 2020: $80,195Expenses 2020: $100,191Net Income 2020: -$19,9962020Revenue 2021: $82,422Expenses 2021: $110,532Net Income 2021: -$28,1102021Revenue 2022: $78,864Expenses 2022: $100,693Net Income 2022: -$21,8292022Revenue 2023: $86,349Expenses 2023: $116,313Net Income 2023: -$29,9642023Revenue 2024: $85,517Expenses 2024: $104,255Net Income 2024: -$18,7382024

Highlighted filing

2024

Revenue$85,517
Expenses$104,255
Net Income-$18,738
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$812,302
Liabilities
$13,164
Net assets
$799,138
Revenue
$85,517
Expenses
$104,255
Net income
-$18,738
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.01$0.80$0.09$0.10$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.01$0.82$0.09$0.12$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.01$0.85$0.08$0.10$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.08$0.11$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.90$0.08$0.10$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.01$0.92$0.07$0.10$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.07$0.09$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.01$0.98$0.06$0.09$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.06$0.09$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.02$0.07$0.10$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.05$0.06$0.09$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.1
Gross Receipts
$85,517
Mission and Program Overview

Mission

Provide low income housing to the elderly.

To provide low cost housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$759,711$732,675▼ $27,036
Cash and Non-Interest-Bearing Accounts$12,553$4,351▼ $8,202
Accounts Receivable$116$0▼ $116
Total Assets$832,219$812,302▼ $19,917
Other Assets Total$59,839$75,276▲ $15,437
Liabilities
Accounts Payable and Accrued Expenses$10,557$9,492▼ $1,065
Other Liabilities$3,786$3,672▼ $114
Total Liabilities$14,343$13,164▼ $1,179
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,136,700$1,136,700→ $0
Net Assets Without Donor Restrictions$-318,824$-337,562▼ $18,738
Total Net Assets Fund Balance$817,876$799,138▼ $18,738
Total Liabilities and Net Assets / Fund Balance$832,219$812,302▼ $19,917

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$659,675$359,434$1,019,109
Land$73,000-$73,000
Other Land Buildings$0$31,480$31,480
Other Assets Org$5--
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Chris BeckmanPresident
David BeckmanDirector
Greg TaylorDirector
Jon PettusDirector
Lance GreenDirector
Mark McmastersDirector
Steve McmastersDirector
Rodney RobinsonDirector (retired 2024)
Jeremy JohnsonDirector (started 2024)
Steve KressSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$31,840
Program Service Revenue
$49,312
Investment Income
$107
Other Revenue
$4,258
Change in Net Assets
$-18,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$85,517
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$85,517
Total Revenue per Form 990
$85,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,255
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$27,036--$27,036
Occupancy$20,224--$20,224
Fees for Services Management-$9,332-$9,332
Insurance$5,413--$5,413
Office Expenses$2,632--$2,632
Other Expenses$1,581$11,551-$1,581
Advertising$39--$39
Total Functional Expenses$83,372$20,883$0$104,255

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$104,255
Total Expenses per Audited Statements$104,255
Total Expenses per Form 990$104,255
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits Fund$3,541
Prepaid Rents$131
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“All of the board members are also on the board of directors for the loretto lions club; the sponsor of loretto lions retirement home ii, inc.”

Form 990, Part VI, Section A, Line 2

“Mark mcmasters and steve mcmasters have a familial relationship.”

Form 990, Part VI, Section A, Line 2

“David beckman and chris beckman have a familial relationship.”

Form 990, Part VI, Section A, Line 3

“Management duties have been delegated to the loretto lions club.”

Form 990, Part VI, Section B, Line 11B

“The final form 990 (including required schedules) as ultimately filed with the irs, was provided to each voting member of the governing body of the organization prior to its filing with the irs.”

Form 990, Part VI, Section C, Line 19

“A copy of the governing documents, conflict of interest policy, or financial statements is available upon request for the same period of disclosure as set forth in irc section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Loretto Lions Retirement Home Ii Inc
EIN
27-0263050
Phone
9318536140
Address
PO BOX 303, PULASKI, TN 38478

Signing Officer

Name
Chris Beckman
Title
President
Phone
9318536140
Signed
2025-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Beckman
Formed
2009
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Eag Affordable Housing LLC
Address
4249 EASTON WAY STE 210, COLUMBUS, OH 43219
Preparer
Greg Harris CPA
Phone
6144728568
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“No provision or benefit for income taxes has been included in these financial statements since the corporation was organized as a not-for-profit corporation and has secured tax exempt status under section 501(c)(3) of the internal revenue code. The corporation accounts for uncertainty in income taxes in accordance with accounting standards codification for income taxes. This interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. This interpretation also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The corporation determined that all income tax filing positions would be sustained upon examination and accordingly, has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions as of december 31, 2024 and 2023.”

Raw XML AppendixShowing 400 of 497 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRIS BECKMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTS-NET
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049312
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049312
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt033009
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt068
IRS990/PYOtherExpensesAmt0116313
IRS990/PYOtherRevenueAmt07264
IRS990/PYProgramServiceRevenueAmt046008
IRS990/PYRevenuesLessExpensesAmt0-29964
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0116313
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt086349
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-18738
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt053570
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031840
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt033009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt032098
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt036262
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt031285
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0164494
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0107
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt053570
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt053272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt046740
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043622
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt046660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0243864
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0215
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02532
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02242
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04774
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87290
IRS990ScheduleA/PublicSupportPY509Pct00.82500
IRS990ScheduleA/PublicSupportTotal509Amt0360811
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt026262
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt021285
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt047547
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt026262
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt021285
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt047547
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt085410
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt086281
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt078838
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt079884
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt077945
IRS990ScheduleA/Total509Grp/TotalAmt0408358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt085517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt078864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt082422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt080195
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0413347
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0659675
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0359434
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01019109
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0104255
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt073000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt073000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03591
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt171680
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031480
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031480
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03541
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt085517
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS SINCE THE CORPORATION WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION AND HAS SECURED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION FOR INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE CORPORATION DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0732675
IRS990ScheduleD/TotalBookValueOtherAssetsAmt075276
IRS990ScheduleD/TotalExpensesPerForm990Amt0104255
IRS990ScheduleD/TotalLiabilityAmt03672
IRS990ScheduleD/TotalRevenuePerForm990Amt085517
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt085517
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0104255
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OF THE BOARD MEMBERS ARE ALSO ON THE BOARD OF DIRECTORS FOR THE LORETTO LIONS CLUB; THE SPONSOR OF LORETTO LIONS RETIREMENT HOME II, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARK MCMASTERS AND STEVE MCMASTERS HAVE A FAMILIAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DAVID BECKMAN AND CHRIS BECKMAN HAVE A FAMILIAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT DUTIES HAVE BEEN DELEGATED TO THE LORETTO LIONS CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY OF THE ORGANIZATION PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS IS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LORETTO LIONS CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LORETTO LIONS RETIREMENT HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0361263962
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1621511869
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(4)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING FOR THE ELDERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOUSING FOR THE ELDERLY AND DISABLED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0605 2ND AVENUE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 303
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LORETTO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PULASKI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN

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