LVH ALS FOUNDATION

Address
110 S STRATFORD RD NO 500
WINSTONSALEM, NC 27104
Contact
Website: http://www.lvhalsfoundation.org
Phone: +1 (336) 726-8279
Nonprofit
NTEE: G50 - Nerve, Muscle and Bone Diseases
EIN: 46-4879507

Mission

THE MISSION OF THE LVH FOUNDATION IS TO PROVIDE FUNDING TO ENDOW A PROFESSORSHIP OF ALS AT DUKE UNIVERSITY - NOT ONLY TO HELP THOSE TODAY WITH ALS, BUT MORE IMPORTANTLY TO FUND A CURE FOR ALS IN THE FUTURE.
 2017201620152014
Basic features of the organization
Year of formation2014
Subsection code03
PF filing required0   
Metropolitan statistical area3120
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00
Number of employees0000
Number of people compensated >$100k0000
Number of volunteers0000
Number of highly compensated contractors0000
Personnel
Angell, D
TitleBOARD MEMBERBOARD MEMBERVICE-PRESIDENTVICE-PRESIDENT
Name of key/compensated personD GRAY ANGELL JRD GRAY ANGELL JRD GRAY ANGELL JRD GRAY ANGELL JR
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue
Current officer  TrueTrue
Average hours per week working for org1.001.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00
Creamer, James
TitleSECRETARYSECRETARYSECRETARYSECRETARY
Name of key/compensated personJAMES E CREAMER JR ESQJAMES E CREAMER JR ESQJAMES E CREAMER JR ESQJAMES E CREAMER JR ESQ
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue
Current officerTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00
Hoge, Brett
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personBRETT W HOGEBRETT W HOGEBRETT W HOGEBRETT W HOGE
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue
Current officerTrueTrueTrueTrue
Average hours per week working for org20.0020.0020.0020.00
Reportable compensation from org$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00
Hughes, Kim
TitleTREASURERTREASURERTREASURERTREASURER
Name of key/compensated personKIM V HUGHESKIM V HUGHESKIM V HUGHESKIM V HUGHES
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue
Current officerTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.00
Reportable compensation from org$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE MISSION OF THE LVH FOUNDATION IS TO PROVIDE FUNDING TO ENDOW A PROFESSORSHIP OF ALS AT DUKE UNIVERSITY - NOT ONLY TO HELP THOSE TODAY WITH ALS, BUT MORE IMPORTANTLY TO FUND A CURE FOR ALS IN THE FUTURE.THE MISSION OF THE LVH FOUNDATION IS TO PROVIDE FUNDING TO ENDOW A PROFESSORSHIP OF ALS AT DUKE UNIVERSITY - NOT ONLY TO HELP THOSE TODAY WITH ALS, BUT MORE IMPORTANTLY TO FUND A CURE FOR ALS IN THE FUTURE.THE MISSION OF THE LVH FOUNDATION IS TO PROVIDE FUNDING TO ENDOW A PROFESSORSHIP OF ALS AT DUKE UNIVERSITY - NOT ONLY TO HELP THOSE TODAY WITH ALS, BUT MORE IMPORTANTLY TO FUND A CURE FOR ALS IN THE FUTURE.THE MISSION OF THE LVH FOUNDATION IS TO PROVIDE FUNDING TO ENDOW A PROFESSORSHIP OF ALS AT DUKE UNIVERSITY - NOT ONLY TO HELP THOSE TODAY WITH ALS, BUT MORE IMPORTANTLY TO FUND A CURE FOR ALS IN THE FUTURE.
Program service expenses, total$53,226.00$411,805.00$32,517.00$130,660.00
Programs, including revenue & expenses
THE FOUNDATION WILL FUND RESEARCH FOR AMYOTROPHIC LATERAL SCLEROSIS ("ALS") ALSO WIDELY KNOWN AS "LOU GEHRIG'S DESEASE." THE FOUNDATION WILL ALSO FUND OUTREACH FOR FAMILIES AND PATIENTS AFFECTED BY ALS. THE FOUNDATION WILL PROVIDE GRANTS TO ALS CLINICS AS PART OF THIS EFFORT. ALS CLINICS ARE TYPICALLY AFFILIATED WITH HOSPITAL SYSTEMS. INITIALLY THE FOUNDATION WILL SERVE CLINICS IN NORTH CAROLINA WITH PLANS TO EXPAND NATIONALLY AND INTERNATIONALLY. THE GOAL OF THE FOUNDATION IS TO FUND A CURE FOR ALS.
Program expenses$53,226.00$411,805.00$32,517.00$130,660.00
Grants and allocations made $400,000.00$0.00$113,000.00
Program revenue  $0.00$0.00
Program descriptionTHE FOUNDATION WILL FUND RESEARCH FOR AMYOTROPHIC LATERAL SCLEROSIS ("ALS") ALSO WIDELY KNOWN AS "LOU GEHRIG'S DESEASE." THE FOUNDATION WILL ALSO FUND OUTREACH FOR FAMILIES AND PATIENTS AFFECTED BY ALS. THE FOUNDATION WILL PROVIDE GRANTS TO ALS CLINICS AS PART OF THIS EFFORT. ALS CLINICS ARE TYPICALLY AFFILIATED WITH HOSPITAL SYSTEMS. INITIALLY THE FOUNDATION WILL SERVE CLINICS IN NORTH CAROLINA WITH PLANS TO EXPAND NATIONALLY AND INTERNATIONALLY. THE GOAL OF THE FOUNDATION IS TO FUND A CURE FOR ALS.THE FOUNDATION WILL FUND RESEARCH FOR AMYOTROPHIC LATERAL SCLEROSIS ("ALS") ALSO WIDELY KNOWN AS "LOU GEHRIG'S DESEASE." THE FOUNDATION WILL ALSO FUND OUTREACH FOR FAMILIES AND PATIENTS AFFECTED BY ALS. THE FOUNDATION WILL PROVIDE GRANTS TO ALS CLINICS AS PART OF THIS EFFORT. ALS CLINICS ARE TYPICALLY AFFILIATED WITH HOSPITAL SYSTEMS. INITIALLY THE FOUNDATION WILL SERVE CLINICS IN NORTH CAROLINA WITH PLANS TO EXPAND NATIONALLY AND INTERNATIONALLY. THE GOAL OF THE FOUNDATION IS TO FUND A CURE FOR ALS.THE FOUNDATION WILL FUND RESEARCH FOR AMYOTROPHIC LATERAL SCLEROSIS ("ALS") ALSO WIDELY KNOWN AS "LOU GEHRIG'S DESEASE." THE FOUNDATION WILL ALSO FUND OUTREACH FOR FAMILIES AND PATIENTS AFFECTED BY ALS. THE FOUNDATION WILL PROVIDE GRANTS TO ALS CLINICS AS PART OF THIS EFFORT. ALS CLINICS ARE TYPICALLY AFFILIATED WITH HOSPITAL SYSTEMS. INITIALLY THE FOUNDATION WILL SERVE CLINICS IN NORTH CAROLINA WITH PLANS TO EXPAND NATIONALLY AND INTERNATIONALLY. THE GOAL OF THE FOUNDATION IS TO FUND A CURE FOR ALS.THE FOUNDATION WILL FUND RESEARCH FOR AMYOTROPHIC LATERAL SCLEROSIS ("ALS") ALSO WIDELY KNOWN AS "LOU GEHRIG'S DESEASE." THE FOUNDATION WILL ALSO FUND OUTREACH FOR FAMILIES AND PATIENTS AFFECTED BY ALS. THE FOUNDATION WILL PROVIDE GRANTS TO ALS CLINICS AS PART OF THIS EFFORT. ALS CLINICS ARE TYPICALLY AFFILIATED WITH HOSPITAL SYSTEMS. INITIALLY THE FOUNDATION WILL SERVE CLINICS IN NORTH CAROLINA WITH PLANS TO EXPAND NATIONALLY AND INTERNATIONALLY. THE GOAL OF THE FOUNDATION IS TO FUND A CURE FOR ALS.
Financial data
Revenue
Total revenue$251,582.00$137,749.00$323,548.00$202,950.00
Revenue from contributions (total)$227,525.00$130,670.00$323,465.00$202,950.00
Revenue from noncash contributions$30,000.00   
Investment income, current yr$31.00$67.00$83.00$0.00
Total revenue from grants, etc., current yr$227,525.00$130,670.00$323,465.00$202,950.00
Total unrelated business revenue$0.00$0.00$0.00$0.00
Other revenue, current yr$24,026.00$7,012.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00
Program service revenue (total)  $0.00$0.00
Gross receipts$269,422.00$166,065.00$323,548.00$202,950.00
Sources of contributions
Revenue from fundraising events$41,867.00$35,183.00$26,360.00 
Revenue from all other contributions$185,658.00$95,487.00$297,105.00$202,950.00
Other types of revenue
Miscellaneous revenue (total) $147.00  
Income from dividends, interest, and similar investments$31.00$67.00$83.00 
Net rental income  $0.00$0.00
Net income from fundraising events$24,026.00$6,865.00$0.00 
Expense categories (totals)
Total functional expenses: sum of all$53,226.00$415,361.00$69,143.00$138,837.00
Total functional expenses: program service $53,226.00$411,805.00$32,517.00$130,660.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$3,556.00$36,626.00$8,177.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$251,602.00$44,426.00$323,538.00$69,133.00
Total assets, beginning of year$44,426.00$323,538.00$69,133.00 
Total liabilities$0.00$0.00$0.00$5,020.00
Total liabilities, beginning of year$0.00$0.00$5,020.00 
Net assets$251,602.00$44,426.00$323,538.00$64,113.00
Net assets, beginning of year$44,426.00$323,538.00$64,113.00 
Other liabilities  $0.00$5,020.00
Cash: non-interest bearing$20,985.00$29,313.00$314,787.00$69,133.00
Cash: non-interest bearing, beginning of year$29,313.00$314,787.00$69,133.00 
Other financial variables
Revenue less expenses$198,356.00-$277,612.00$254,405.00$64,113.00
Advertising (total)$11,335.00$7,366.00$24,041.00 
Savings & temp cash investment$200,617.00$15,113.00$8,723.00 
Prepaid expenses & deferred charges  $28.00 
Accounts payable & accrued expenses $0.00  
Total net assets or fund balances$251,602.00$44,426.00$323,538.00$64,113.00
Governance and accountability
Number of voting members4444
Number of independent voting members4444
Relationships among key personnelTrueTrueTrueTrue
Cash accountingTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-02-20
Tax year end date2017-12-012016-12-012015-12-012014-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5k True True
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990
Reason for form submission
First filing   True
Date e-filing submitted2018-08-292017-08-072016-08-162015-07-23
IRS schema version2017v2.22016v3.02015v2.12014v5.0
Filing identifier201840609349300114201710609349300501201610439349300341201530989349300018
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