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LOVEMARK FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
LOVEMARK FOUNDATION INC (EIN 81-5274973)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-08-14
IRS object ID
202522269349300132
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-08-14T09:53:22-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN611495162PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAI CAPITAL MANAGEMENT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16050 OAK TREE BLVD SUITE 500AddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationOHStateAbbreviationCd
ZIP44131ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN815274973EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE LOVEMARK FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLOVEBusinessNameControlTxt
Phone2169204800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16050 OAK TREE BLVD SUITE 500AddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationOHStateAbbreviationCd
ZIP44131ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIVA LOVEMARKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2169204800PhoneNum
Signature2025-08-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL G SELZERPreparerPersonNm
PTINP01268918PTIN
Phone2169204800PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTIVA LOVEMARKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line117066 BAY STREETAddressLine1Txt
CityJUPITERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33477ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,713GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressTHELOVEMARKFOUNDATION.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO PROVIDE FINANCIAL & EMOTIONAL SUPPORT TO THOSE DEALING WITH BRAIN CANCER AND/OR BRAIN TUMORS. RATHER THAN FUNDING RESEARCH ORGANIZATIONS, WE PROVIDE DIRECT & TANGIBLE RESOURCES TO PATIENTS. DONATIONS ARE INTENDED TO HELP PATIENTS & FAMILIES NAVIGATE THROUGH THEIR INDIVIDUAL JOURNEYS BY PROVIDING DIRECT SUPPORT FOR EXPENSES; SUCH AS, HOUSING COSTS, MEDICAL EQUIPMENT & SUPPLIES, TRANSPORTATION TO & FROM APPOINTMENTS, AND MUCH MORE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$191,142PYContributionsGrantsAmt
CY Contributions Grants$12,713CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue-$31,259PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$159,883PYTotalRevenueAmt
CY Total Revenue$12,713CYTotalRevenueAmt
PY Grants And Similar Paid$100,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$50,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$48,514PYOtherExpensesAmt
CY Other Expenses$7,929CYOtherExpensesAmt
PY Total Expenses$148,514PYTotalExpensesAmt
CY Total Expenses$57,929CYTotalExpensesAmt
PY Revenues Less Expenses$11,369PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$45,216CYRevenuesLessExpensesAmt
Total Assets BOY$84,114TotalAssetsBOYAmt
Total Assets EOY$38,898TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$84,114NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$38,898NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE FINANCIAL & EMOTIONAL SUPPORT TO THOSE DEALING WITH BRAIN CANCER AND/OR BRAIN TUMORS. RATHER THAN FUNDING RESEARCH ORGANIZATIONS, WE PROVIDE DIRECT & TANGIBLE RESOURCES TO PATIENTS. DONATIONS ARE INTENDED TO HELP PATIENTS & FAMILIES NAVIGATE THROUGH THEIR INDIVIDUAL JOURNEYS BY PROVIDING DIRECT SUPPORT FOR EXPENSES; SUCH AS, HOUSING COSTS, MEDICAL EQUIPMENT & SUPPLIES, TRANSPORTATION TO & FROM APPOINTMENTS, AND MUCH MORE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$57,557ExpenseAmt
Grant$50,000GrantAmt
DescFINANCIAL SUPPORT IS GRANTED TO INDIVIDUALS OR 501(C)(3) ORGANIZATIONS FOR THE PURPOSE OF ASSISTING WITH CLINICAL RESEARCH AND/OR PROVIDING DIRECT FINANCIAL BENEFITS OR OTHER SUPPORT TO PATIENTS AND THEIR FAMILIES. AS SUCH, $50,000 WAS GRANTED TO THE YALE NEW HAVEN HOSPITAL, CONSISTENT WITH FURTHERING THE OBJECTIVES OUTLINED IN THE LOVEMARK FOUNDATION MISSION STATEMENT.Desc
Total Program Service Expenses$57,557TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri Discl0QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TIVA LOVEMARKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2169204800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line117066 BAY STREETAddressLine1Txt
CityJUPITERCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33477ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TIVA LOVEMARK
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
JAMIE LOVEMARK
VICE PRESIDENT / TREASURER5.00Yes (X)Yes (X)$0$0$0
DANIELLE MOLINARO
DIRECTOR5.00Yes (X)$0$0$0
WHITNEY ELLIOTT
DIRECTOR5.00Yes (X)$0$0$0
SIMON ELLIOTT
DIRECTOR5.00Yes (X)$0$0$0
DANA DUFF
SECRETARY5.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$12,713AllOtherContributionsAmt
Total Contributions$12,713TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,713TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$50,000ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$7,395TotalAmt
Program Services$7,395ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$372TotalAmt
Management And General$372ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MERCHANT & BANK FEES$114$114
POSTAGE & SHIPPING$48$48

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$57,929TotalAmt
Program Services$57,557ProgramServicesAmt
Management And General$372ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$84,114BOYAmt
EOY$38,898EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$84,114BOYAmt
EOY$38,898EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$84,114BOYAmt
EOY$38,898EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$84,114BOYAmt
EOY$38,898EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$84,114BOYAmt
EOY$38,898EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$45,216ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$54,932CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$260,004CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$316,211CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$239,726CurrentTaxYearMinus1YearAmt
Current Tax Year$12,713CurrentTaxYearAmt
Total$883,586TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$54,932CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$260,004CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$316,211CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$239,726CurrentTaxYearMinus1YearAmt
Current Tax Year$12,713CurrentTaxYearAmt
Total$883,586TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$66,164SubstantialContributorsTotAmt
Public Support Total170$817,422PublicSupportTotal170Amt
Total Support$883,586TotalSupportAmt
Public Support CY1700.92510PublicSupportCY170Pct
Public Support PY1700.91480PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1YALE NEW HAVEN HOSPITALBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 YORK STAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd
FieldValueIRS element (for citing)
Recipient EIN060646652RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$50,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantCANCER CENTERPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2NAME OF OFFICER, DIRECTOR, ETC.: JAMIE LOVEMARK NAME OF RELATED PARTY: TIVA LOVEMARK TITLE OR ROLE OF RELATED PARTY: PRESIDENT RELATIONSHIP: FAMILY NAME OF OFFICER, DIRECTOR, ETC.: TIVA LOVEMARK NAME OF RELATED PARTY: DANA DUFF TITLE OR ROLE OF RELATED PARTY: SECRETARY RELATIONSHIP: FAMILY NAME OF OFFICER, DIRECTOR, ETC,: SIMON ELLIOTT NAME OF RELATED PARTY: WHITNEY ELLIOTT TITLE OR ROLE OF RELATED PARTY: DIRECTOR RELATIONSHIP: FAMILY
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION IS A CHARITABLE CORPORATION ORGANIZED UNDER THE NONPROFIT CORPORATION LAWS OF FLORIDA. THE CORPORATION SHALL HAVE NO MEMBERS, AS SUCH, BUT, IN LIEU THEREOF, SHALL HAVE A BOARD OF DIRECTORS, IN WHICH BOARD THERE SHALL BE VESTED ALL THE POWER AND AUTHORITY TO SUPERVISE, CONTROL, DIRECT AND MANAGE THE PROPERTY, AFFAIRS AND ACTIVITIES OF THE CORPORATION. THE NUMBER OF DIRECTORS SHALL FROM TIME TO TIME BE FIXED BY THE BYLAWS; PROVIDED, HOWEVER, THAT THE NUMBER OF DIRECTORS SHALL NOT AT ANY TIME BE LESS THAN THREE (3). THE NAMES OF THOSE WHO ARE SERVING AS MEMBERS OF THE INITIAL BOARD OF DIRECTORS ARE AS FOLLOWS: TIVA LOVEMARK JAMIE LOVEMARK DANIELLE MOLINARO WHITNEY ELLIOT SIMON ELLIOT
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 IS REVIEWED BY FINANCIAL REPRESENTATIVES OF EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 12CARTICLE 7 7.1 - TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIOD REVIEWS SHALL BE CONDUCTED. THE PERIOD REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: 7.1.1 - WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. 7.1.2 - WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. PERIOD REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: 7.1.1 - WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. 7.1.2 - WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
FORM 990, PART VI, SECTION C, LINE 19THESE ITEMS ARE AVAILABLE UPON REQUEST.
PART VI GOVERNANCE, MANAGEMENT, DISCLOSURESN/A