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LPIF FOUNDATION: Form 990EZ, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
LPIF FOUNDATION (EIN 27-3617445)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-10-29
IRS object ID
201203039349200225
Schema version
2011v1.2
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)
Timestamp2012-10-29T12:46:26-07:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND COMPANY PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line113616 CALIFORNIA ST STE 300AddressLine1
CityOMAHACity
StateNEState
ZIP Code681545336ZIPCode
FieldValueIRS element (for citing)
Return Type990EZReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN273617445EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1LPIF FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLPIFNameControl
Phone4023481000Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1711 N 108th CourtAddressLine1
CityOmahaCity
StateNEState
ZIP Code68154ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWilliam HonkeName
TitleTreasurerTitle
Date Signed2012-10-29DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSTEVEN P KENNEYName
Phone4024968800Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashXMethodOfAccountingCash
Web SiteN/AWebSite
Organization501c3XOrganization501c3
Gross Receipts81750GrossReceipts
Info In Schedule O Part IXInfoInScheduleOPartI
Contributions Gifts Grants Etc70800ContributionsGiftsGrantsEtc
Membership Dues10950MembershipDues
Cost Other Basis And Sales Expenses0CostOtherBasisAndSalesExpenses
Fundraising Gross Income0FundraisingGrossIncome
Special Events Direct Expenses0SpecialEventsDirectExpenses
Cost Of Goods Sold0CostOfGoodsSold
Total Revenue81750TotalRevenue
Grants And Similar Amounts Paid18312GrantsAndSimilarAmountsPaid
Printing Publications Postage328PrintingPublicationsPostage
Other Expenses Total6540OtherExpensesTotal
Total Expenses25180TotalExpenses
Excess Or Deficit For Year56570ExcessOrDeficitForYear
Net Assets Or Fund Balances BOY15152NetAssetsOrFundBalancesBOY
Other Changes In Net Assets-511OtherChangesInNetAssets
Net Assets Or Fund Balances EOY71211NetAssetsOrFundBalancesEOY

Cash Savings And Investments CashSavingsAndInvestments

FieldValueIRS element (for citing)
BOY15152BOY
EOY71211EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY15152BOY
EOY71211EOY

Net Assets Or Fund Balances NetAssetsOrFundBalances

FieldValueIRS element (for citing)
BOY15152BOY
EOY71211EOY
FieldValueIRS element (for citing)
Primary Exempt Purposethe mission of LPIF is to support low profile, high impact organizations in the inner city of Omaha and to educate donors about these organizationsPrimaryExemptPurpose

Program Service Accomplishment ProgramServiceAccomplishment

FieldValueIRS element (for citing)
Description Program Service Accomexpenses for social activities and education seminars for donorsDescriptionProgramServiceAccom
Grants And Allocations5676GrantsAndAllocations
FieldValueIRS element (for citing)
Total Program Service Expenses5676TotalProgramServiceExpenses

Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (5 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Kermit A Brashear III
711 N 108th CourtOMahaNE68154Trustee1.000
William Honke
2005 North 54th StreetOmahaNE68104Treasurer1.000
Michael Schilken
1306 South 83rd StreetOmahaNE68124Secretary1.000
William J Ochsner
802 N 66th StreetOmahaNE68132Vice President1.000
Tyler R Owen
200 North 55th StreetOmahaNE68132President1.000
FieldValueIRS element (for citing)
Info In Schedule O Part VXInfoInScheduleOPartV
Activities Not Previously RptfalseActivitiesNotPreviouslyRpt
Made Changes To Orgnzng Etc DocfalseMadeChangesToOrgnzngEtcDoc
Organization Had UBIfalseOrganizationHadUBI
Organization Filed990 TfalseOrganizationFiled990T
Subject To Proxy TaxfalseSubjectToProxyTax
Organization Dissolved EtcfalseOrganizationDissolvedEtc
Did Org File Form1120 POL This YearfalseDidOrgFileForm1120POLThisYear
Made Loans To From OfficersfalseMadeLoansToFromOfficers
Initiation Fees And Capital Contri0InitiationFeesAndCapitalContri
Gross Receipts For Public Use0GrossReceiptsForPublicUse
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTrans
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonSteve KenneyNamePerson

Address US AddressUS

FieldValueIRS element (for citing)
Address Line113616 California StreetAddressLine1
CityOmahaCity
StateNEState
ZIP Code68154ZIPCode
FieldValueIRS element (for citing)
Telephone Number4024968800TelephoneNumber
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccount
Foreign OfficefalseForeignOffice
Maintain Any Donor Advised FundsfalseMaintainAnyDonorAdvisedFunds
Does Org Have HospitalfalseDoesOrgHaveHospital
Tanning Services ProvidedfalseTanningServicesProvided
Form720 FiledfalseForm720Filed
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction With Control EntityfalseTransactionWithControlEntity
Engage Political Cmpgn ActivitiesfalseEngagePoliticalCmpgnActivities
Engage In Lobbying ActivitiesfalseEngageInLobbyingActivities
Operating SchoolfalseOperatingSchool
Trnsfrs Exempt Non Char Related OrgfalseTrnsfrsExemptNonCharRelatedOrg
Related Org Section527 OrgfalseRelatedOrgSection527Org
Part VI Of Comp Of Highest Paid EmplNONEPartVIOfCompOfHighestPaidEmpl
Part VIA Hghst Paid Cntrct Prof SerNONEPartVIAHghstPaidCntrctProfSer
Filed Schedule AtrueFiledScheduleA

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year15200CurrentTaxYearMinus1Year
Current Tax Year81750CurrentTaxYear
Total96950Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

FieldValueIRS element (for citing)
Total0Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Total0Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year15200CurrentTaxYearMinus1Year
Current Tax Year81750CurrentTaxYear
Total96950Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total0AmountsSubstContributorsTotal
Public Support Total17096950PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Total0Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Total0Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Total Support96950TotalSupport
First5 Years170XFirst5Years170
Public Support Pertcentage1700.00000PublicSupportPertcentage170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990-EZ, Part I, Line 20.1Other Changes In Net Assets Or Fund Balances - Other Decreases.1unrealized loss on investments $511
Form 990-EZ, Part I, Line 16.1Other Expenses.1Membership Expense $5676
Form 990-EZ, Part I, Line 16.1012Other Expenses.1012Insurance $864