Lorelei Foundation Inc

Steven J Reitman

Burr Ridge, IL
Tax-exempt since April 1992
EIN: 39-1722839

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$75.3k (2024)

Expenses

$81.8k (2024)

Total Assets

$1.22M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$75,257

Expenses

$81,761

Net Income

-$6,504

Net Assets

$1,215,453

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$69,822	92.8%
Sales of Assets	$5,435	7.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,963	94.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,215,453
Total Liabilities	$0
Net Assets	$1,215,453

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on June 4, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$10,645

Expenses

$110,101

Net Income

-$99,456

Net Assets

$1,221,957

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$42,307	> 100%
Sales of Assets	-$31,658
Other Income	-$4

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$106,983	97.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,221,957
Total Liabilities	$0
Net Assets	$1,221,957

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on July 29, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$79,457

Expenses

$89,779

Net Income

-$10,322

Net Assets

$1,293,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$39,504	49.7%
Sales of Assets	$47,593	59.9%
Other Income	-$7,640

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$78,480	87.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,293,165
Total Liabilities	$0
Net Assets	$1,293,165

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on Oct. 18, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$51,528

Expenses

$126,202

Net Income

-$74,674

Net Assets

$1,314,157

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$57,320	> 100%
Sales of Assets	-$5,432
Other Income	-$360

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$123,735	98.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,314,157
Total Liabilities	$0
Net Assets	$1,314,157

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on Aug. 1, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

-$31,193

Expenses

$100,586

Net Income

-$131,779

Net Assets

$1,373,363

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$29,970
Sales of Assets	$0
Other Income	-$360

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$90,225	89.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,373,364
Total Liabilities	$1
Net Assets	$1,373,363

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on June 29, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$349,643

Expenses

$86,370

Net Income

$263,273

Net Assets

$1,356,764

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$357,787	> 100%
Sales of Assets	$0
Other Income	-$8,144

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$80,200	92.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,356,765
Total Liabilities	$1
Net Assets	$1,356,764

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on Sept. 1, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$204,553

Expenses

$56,399

Net Income

$148,154

Net Assets

$1,093,492

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$186,050	91.0%
Sales of Assets	$0
Other Income	$18,503	9.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$52,749	93.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,093,492
Total Liabilities	$0
Net Assets	$1,093,492

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on Aug. 13, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$344,849

Expenses

$126,591

Net Income

$218,258

Net Assets

$945,338

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$315,791	91.6%
Sales of Assets	$0
Other Income	$29,058	8.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$126,310	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$945,338
Total Liabilities	$0
Net Assets	$945,338

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on June 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2016

Revenue

$20,368

Expenses

$62,319

Net Income

-$41,951

Net Assets

$727,080

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,808	92.3%
Sales of Assets	$0
Other Income	$1,560	7.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$60,025	96.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$727,080
Total Liabilities	$0
Net Assets	$727,080

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on June 26, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2015

Revenue

$150,353

Expenses

$128,639

Net Income

$21,714

Net Assets

$769,031

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$29,756	19.8%
Sales of Assets	$137,087	91.2%
Other Income	-$16,490

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$125,952	97.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$769,031
Total Liabilities	$0
Net Assets	$769,031

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on June 1, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2014

Revenue

$98,271

Expenses

$93,479

Net Income

$4,792

Net Assets

$747,317

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$43,942	44.7%
Sales of Assets	$60,013	61.1%
Other Income	-$5,684

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$81,380	87.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$747,317
Total Liabilities	$0
Net Assets	$747,317

Compensation

Key Employees and Officers	Compensation	Other
Steven J Reitman (President)	$0	$0
Laura M Reitman (Secretary)	$0	$0
David Reitman (Vice President)	$0	$0

990-PF

Filed on June 25, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$10,035

Expenses

$126,727

Net Income

-$116,692

Net Assets

$742,525

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$24,398	> 100%
Sales of Assets	$4,958	49.4%
Other Income	-$19,321

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$126,345	99.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$742,525
Total Liabilities	$0
Net Assets	$742,525

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$141,917

Expenses

$69,696

Net Income

$72,221

Net Assets

$859,217

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$190,239	> 100%
Interest Revenue	$0
Dividends	$11,199	7.9%
Sales of Assets	$0
Other Income	-$52,013

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,240	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$859,217
Total Liabilities	$0
Net Assets	$859,217

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$167,904

Expenses

$90,029

Net Income

$77,875

Net Assets

$786,996

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$132,583	79.0%
Interest Revenue	$0
Dividends	$9,843	5.9%
Sales of Assets	$0
Other Income	$30,197	18.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$87,975	97.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$786,996
Total Liabilities	$0
Net Assets	$786,996

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Updated September 25, 2025

Lorelei Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $75.3k (2024)

Expenses $81.8k (2024)

Total Assets $1.22M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$75.3k (2024)

Expenses

$81.8k (2024)

Total Assets

$1.22M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

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2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001