2023-06-19T16:43:46-07:00 2022-12-31 882533599 Wersen Nonprofit CPAs LLC 4513 Lakeway Drive Bellingham WA 98229 990 2022-01-01 421711412 Lighthouse Mission Ministries Foundation LIGH 3607335120 PO Box 548 Bellingham WA 982270548 Joseph Wilson Board President 3607335120 2023-06-07 1 1 Keaton Wersen P01957642 3607709369 2023-05-31 X 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Joseph Wilson PO Box 548 Bellingham WA 982270548 1563057 0 X www.thelighthousemission.org X 2006 WA To provide financial support to Lighthouse Mission Ministries. 5 5 0 5 0 0 273234 167014 14543 14124 579753 170504 562 0 868092 351642 1425000 25000 0 0 0 0 0 0 0 64200 51003 1489200 76003 -621108 275639 10813523 10919870 6515192 7081096 4298331 3838774 The Foundation's mission is to financially support Lighthouse Mission Ministries and bring awareness to its activities, which include helping alleviate the homeless condition of those facing homelessness in Whatcom County. 0 0 39124 25000 14124 The Foundation's mission is to provide financial support and awareness of Lighthouse Mission Ministries (the Mission). This is achieved through grants, loans, and other support to help the Mission to alleviate the homeless condition in Whatcom County. During 2022, the Foundation provided $25,000 to the Mission to help fund the Mission's current capital project to ultimately replace the primary Base Camp. 0 0 0 39124 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X Veronica Smith 3607335120 PO Box 548 Bellingham WA 982270548 Joseph Wilson Board President 2 0 X X 0 0 0 Gary Haveman Board Vice President 1 0 X X 0 0 0 Ron Starkenburg Director 1 0 X 0 0 0 John Bosman Director 1 0 X 0 0 0 Kevin Bedlington Director 1 0 X 0 0 0 Dave Nelson Director 1 0 X 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 167014 0 167014 Interest Received on LMM Note Receivable 561499 14124 14124 0 0 0 0 0 0 14124 100473 0 0 100473 0 0 0 0 0 0 0 0 0 0 1281446 0 1211415 0 70031 0 70031 0 0 70031 0 0 351642 14124 0 170504 X 25000 25000 2200 2200 34604 34604 75 75 14124 14124 76003 39124 36879 0 0 0 209734 352394 0 0 0 0 0 0 0 0 504985 465193 0 0 0 0 10098804 10102283 0 0 0 0 0 0 0 0 10813523 10919870 0 0 0 0 0 0 0 0 6085707 6741488 0 0 429485 339608 0 0 6515192 7081096 X 2356623 1897066 1941708 1941708 4298331 3838774 10813523 10919870 275639 -735196 0 0 0 0 X 0 0 0 X X X 1 Lighthouse Mission Ministries 910659437 1 1 25000 0 1 25000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section B, Line 1 The Foundation Board works closely with the Executive Director and staff of Lighthouse Mission Ministries, for the sole benefit of Lighthouse Mission Ministries. There is often cross-over in Board members of the Foundation and Lighthouse Mission Ministries' Board as well. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 4013097 0 -567698 0 50000 34604 3360795 4861689 114070 508453 1425000 0 46115 4013097 4352580 16724 535360 0 0 42975 4861689 3129024 407864 982702 100000 30000 37010 4352580 2951748 297907 -37439 0 50000 33192 3129024 0.42 0.58 0 0 0 Schedule D, Part IV, Line 2b Lighthouse Mission Ministries is in the midst of a capital campaign for a major capital project, referred to as TITAN. At the start of the capital campaign, an investment account was opened to hold and invest funds collected for the project. This account was unintentionally opened under the Foundation's EIN rather than this Mission's EIN. As such, all funds for this capital campaign are currently held by the Foundation on behalf of the Mission. This Mission has access to the funds as needed and the Foundation has no discretionary control over use of the Funds. Both the Mission and Foundation are currently working toward a plan for transferring the funds to an account under the Mission's EIN. Schedule D, Part V, Line 4 Endowment funds are intended to remain in a secured financial institution where the funds accrue and accumulate interest, dividends, and where the accumulated gains may be used for the benefit of Lighthouse Mission Ministries, for the purpose of aiding the homeless men and women to defeat their homeless condition. 1 Lighthouse Mission Ministries 100 Grand Avenue Bellingham WA 98225 910659437 501(c)(3) 25000 0 Grant to support Lighthouse Mission Ministries in its TITAN Capital Improvement project. 1 0 Schedule I, Part I, Line 2 The Foundation only makes grants to Lighthouse Mission Ministries. All decisions are maintained in Board minutes. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by at least two Officers prior to signing and filing the return. Form 990, Part VI, Section B, Line 12c The Board reviews the conflict of interest policy annually at a Board meeting. Form 990, Part VI, Section C, Line 19 The Foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. A request may be made by phone at (360) 733-5120. The administration office for the Foundation is located at 110 Grand Avenue, Bellingham, WA 98225. Form 990, Part VIII, Line 2a - 2e This revenue item represents interest received from Lighthouse Mission Ministries to reimburse the Foundation for the interest it pays on the refinanced LAL Loan used to payoff the RE Loan held by Heritage Bank on the Mission's Women's Shelter. Form 990, Part IX, Line 20 Interest paid to Morgan Stanley on the LAL Loan. See reimbursement from the Mission recorded as program revenue on Part VIII, Section 2a. Lighthouse Mission Ministries 910 W Holly Street Bellingham WA 98225 910659437 Church Shelter WA 501c3 Section 170(b)(1)(A) N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0