Love Your Neighbor of West Michigan

EIN: 382578829 501(c)(3) Unknown

Hudsonville, MI

Total Revenue
$2,173,428
Total Expenses
$2,211,599
Total Assets
$3,710,499
Net Assets
$3,636,207
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MI
Principal Officer
Jodi Cole Meyer
Tax Period
2023-07-01 to 2024-06-30

Love Your Neighbor of West Michigan, founded in 1988, is a community nonprofit in the Unknown sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 131% from the prior year, signaling strong growth momentum.

Mission

Following Jesus Christ, who transforms lives, Love Your Neighbor equips our community to love, serve and connect with dignity.

Program Service Accomplishments

Program 1
Expenses: $1,564,333

Coordinating area churches to respond to the needy by serving as a clearinghouse for individuals and families; receiving the phone calls, verifying the needs and directing the needy. LYN offers...

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Coordinating area churches to respond to the needy by serving as a clearinghouse for individuals and families; receiving the phone calls, verifying the needs and directing the needy. LYN offers classes for social and economic education, job training and mentoring. We operate a food bank and supply member churches with goods and administrative assistance to effectively help families. LYN has developed over 50 ministries to help the needy including appliance and bike repairs, transportation, medical equipment, crib ministry, foster care kits, diaper bag kits, furniture and food pantry.

Program 2
Expenses: $256,122 Revenue: $976,695

Love Your Neighbor receives donations of household items, clothing and more to supply to the needy through the area churches. Because of an abundance of goods, we operate Loves Treasures wherein...

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Love Your Neighbor receives donations of household items, clothing and more to supply to the needy through the area churches. Because of an abundance of goods, we operate Loves Treasures wherein donated goods are sold to the general public at thrift store prices. Through the efforts of many volunteers, the proceeds fund the ongoing operations of LYN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,142,233
Program Service Revenue $976,695
Investment Income $34,992
Other Revenue $19,508
TOTAL REVENUE $2,173,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,131,774
Fundraising Expenses $125,896
Program Expenses $1,820,455
Other Expenses $1,079,825
TOTAL EXPENSES $2,211,599

Year-over-Year Comparison

2023 2022 Change
Revenue $2,173,428 $942,161 +1.3%
Expenses $2,211,599 $1,039,456 +1.1%
Net Income $-38,171 $-97,295 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
32
Volunteers
375

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$111,828
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jodi Cole Meyer Executive Director 45.00
Officer
$95,241 $16,587 $111,828
Scott Kearney Director 1.00
Director
$0 $0 $0
Olivia Freriks Director 1.00
Director
$0 $0 $0
Jon VerLee Director 1.00
Director
$0 $0 $0
Leanna Kermeen Director 1.00
Director
$0 $0 $0
Tim Steenstra Director 1.00
Director
$0 $0 $0
Sandy Bloem-Roskamp President 2.00
Officer Director
$0 $0 $0
Ben Ipema Treasurer 2.00
Officer Director
$0 $0 $0
Lori Grysen Secretary 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $2,173,428 $2,211,599 $3,710,499 $-38,171
2023 $942,161 $1,039,456 $3,665,608 $-97,295
2022 $2,297,480 $2,043,552 $3,748,568 $253,928
2021 $2,037,076 $1,957,813 $3,581,957 $79,263
2020 $1,881,642 $1,718,486 $3,439,803 $163,156
2019 $1,935,898 $2,043,348 $3,286,102 $-107,450
2018 $2,110,881 $2,061,152 $3,334,806 $49,729
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