2024-05-23T08:19:57-05:00 2023-08-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2022-09-01 020702016 LUTHERAN VOLUNTEER CORPS LUTH 2023873222 1226 VERMONT AVENUE NW WASHINGTON DC 20005 CYNTHIA PROSEK CHAIR 2023873222 2024-05-23 1 CYNTHIA PROSEK 999009999 0 X PAMELA GRAY P01237506 4105842218 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CYNTHIA PROSEK 1226 VERMONT AVENUE NW WASHINGTON DC 20005 592213 0 X WWW.LUTHERANVOLUNTEERCORPS.ORG X 2008 DC LUTHERAN VOLUNTEER CORPS (LVC) WAS FOUNDED IN WASHINGTON, D.C. BY LUTHER PLACE MEMORIAL CHURCH IN 1979 AND INCORPORATED AS A NON PROFIT CORPORATION ON SEPTEMBER 1, 2003. LVC SPONSORS AND ADMINISTERS DOMESTIC VOLUNTEER SERVICE PROGRAMS FOR MEN AND WOMEN WHO WANT TO WORK FOR SOCIAL JUSTICE, LIVE IN AN INTENTIONAL COMMUNITY WITH OTHER VOLUNTEERS, EXPERIENCE A MORE SIMPLIFIED AND SUSTAINABLE LIFESTYLE, AND EXPLORE SPIRITUALITY. 7 7 55 16 0 0 282995 257300 600745 272250 4408 6260 15836 56403 903984 592213 0 0 0 0 456241 267968 0 0 71156 382901 231584 839142 499552 64842 92661 725625 763622 78094 19525 647531 744097 LUTHERAN VOLUNTEER CORPS IS A SERVICE YEAR FELLOWSHIP CONNECTING FELLOWS WITH SOCIAL JUSTICE NONPROFIT PARTNERS ACROSS FIVE U.S. CITIES FOR A YEAR OF IN-PERSON OR VIRTUAL EXPERIENCES BUILDING ON COMMUNITY, LIVING SIMPLY AND SUSTAINABLY, WORKING FOR PEACE WITH JUSTICE. 0 0 329338 272250 LUTHERAN VOLUNTEER CORPS IS A SERVICE YEAR FELLOWSHIP CONNECTING FELLOWS WITH SOCIAL JUSTICE NONPROFIT PARTNERS ACROSS FIVE U.S. CITIES FOR A YEAR OF IN-PERSON OR VIRTUAL EXPERIENCES BUILDING ON COMMUNITY, LIVING SIMPLY AND SUSTAINABLY, WORKING FOR PEACE WITH JUSTICE. IN 2022, LVC PLACED 33 FELLOWS IN AGENCIES IN DC, BALTIMORE, WILMINGTON DE, OMAHA, AND MINNEAPOLIS IN A VARIETY OF SOCIAL JUSTICE POSITIONS; COVERED THE COST OF HOUSING, UTILITIES, HEALTHCARE, AND TRANSPORTATION; CONVENED FELLOWS FOR MONTHLY PROGRAM DAYS FOCUSED ON DIFFERENT SOCIAL JUSTICE TOPICS WITH AN ANTI-RACISM/LIBERATORY LENS; AND PROVIDED STAFF SUPPORT AND ADMINISTRATION. LVC WAS FOUNDED ON VALUES OF INCLUSION AND ACTIVELY INVITES AND WELCOMES BIPOC AND LGBTQ PARTICIPANTS. 329338 1 1 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 55 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2023873222 1226 VERMONT AVENUE NW WASHINGTON DC 20005 CYNTHIA PROSEK BOARD CHAIR 1.00 X X 0 0 0 MATTHEW JOHNSON BOARD VICE CHAIR 1.00 X X 0 0 0 JULIANA GLASSCO BOARD SECRETARY 1.00 X X 0 0 0 JOHN CARR BOARD TREASURER 1.00 X X 0 0 0 KABRINA BASS BOARD MEMBER 1.00 X 0 0 0 BRANDEN GRIMMETT BOARD MEMBER 1.00 X 0 0 0 DEIRDRE BAGLEY PRESIDENT 40.00 X 120000 0 11349 120000 0 11349 1 0 0 0 0 95365 161935 257300 AGENCY PLACEMENT FEES, 900099 272250 272250 272250 6260 6260 TRANSFER FROM LSC/OMAH 900099 49736 49736 VOLUNTEER HEALTH FEES 900099 3953 3953 MISCELLANEOUS 900099 1450 1450 1264 1264 56403 592213 328653 0 6260 131349 78780 20320 32249 93299 55959 14433 22907 19730 11834 3052 4844 23590 15316 3684 4590 22164 235 18037 3892 15232 162 12396 2674 361 361 17345 58 17287 3469 3469 1667 1667 HOUSING EXPENSE 102898 102898 COMPENSATION 62528 62528 MEMBERSHIP AND FEES 4139 4139 SCHOLARSHIPS AND SUPPOR 1156 1156 625 51 574 499552 329338 99058 71156 514562 594290 44345 41623 22658 2095 9490 9724 97857 108095 36713 7795 725625 763622 3976 292 48100 19233 26018 0 78094 19525 X 634571 722437 12960 21660 647531 744097 725625 763622 92661 3905 0 X X 0 1 X 1 0 X 196884 370977 273953 282995 257300 1382109 196884 370977 273953 282995 257300 1382109 89874 1292235 3652 3847 3283 4408 6260 21450 20746 69 7240 4018 56403 88476 1492035 0.86610 0.90150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 596118 3905 3905 592213 0 592213 499552 0 499552 0 499552 PART X, LINE 2: LVC IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE PROVISIONS INCLUDED IN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. LVC PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2023 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS, OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF AUGUST 31, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2020 THROUGH 2023 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE LVC FILES TAX RETURNS. IT IS LVC'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT 990 WAS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW AND CHANGES; CORRECTIONS WERE MADE. THE CORRECTED DRAFT WAS SUBMITTED ELECTRONICALLY TO ALL BOARD MEMBERS FOR REVIEW BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS MUST SUBMIT A STATEMENT ANNUALLY REGARDING ADHERENCE TO THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS ADOPTED POLICIES FOR EMPLOYEE COMPENSATION. THE PRESIDENT'S CURRENT SALARY WAS APPROVED BY CONSENSUS VOTE. THE PRESIDENT ESTABLISHES STAFF SALARIES IN ACCORDANCE WITH RECOMMENDATIONS ESTABLISHED BY THE BOARD TO CREATE EQUITY ACROSS THE REGIONS SERVED BY LVC. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE ON UPON WRITTEN REQUEST. FORM 990 ,PART CII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.