EIN 47-1971599

Lantern Network

IRS 501(c) type
501(c)(3)
Num. employees
22
City
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Lantern Network catalyzes business and benevolence into a movement to help Alton, IL and the surrounding riverbend area thrive in all aspects of life. It incubates "good works" including business, residential, and commercial property redevelopment, neighborhood spiritual and social communities, and personal and professional life coaching. This program is supported by Brave Cities whose mission is to locate, train, and equip pioneer leaders to build Kingdom ecosystems within existing cities to launch entrepreneurs.
Also known as...
Carbondale Underground Network
Total revenues
$819,055
2023
Total expenses
$859,565
2023
Total assets
$642,134
2023
Num. employees
22
2023

Program areas at Lantern Network

To be an incubator for "good works" in Alton, IL and the surrounding riverbend area. "Good works" include business incubator, residential and commercial property redevelopment, neighborhood spiritual and social communities, personal and professional life coaching, and social entrepreneurship. This program includes the Post Commons, Idle Roasting, Soul Craft Makers, Ri Beag Refuge, Mission Support, Central house, community development and benevolent activities, and general organization efforts which are all serving the organization mission and scope of activities.
Do not have a third program
This program supports Brave Cities which is a fiscal sponsor of Lantern Network. The mission of Brave Cities as working with Lantern Network is to locate, train, and equip pioneer leaders to build Kingdom ecosystems wishing existing cities to launch entrepreneurial startups, establish justice works, provide sustainability amount the impoverished, and to help the city thrive in all aspects of life.

Grants made by Lantern Network

GranteeGrant descriptionAmount
National Mission Training NetworkThe Purpose of This Grant Is To Support the Efforts of Our Sister Missional Training and Planting Organization.$12,500

Who funds Lantern Network

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Simmons Family Foundation / Simmons John Doyle TteeCharitable$50,000

Personnel at Lantern Network

NameTitleCompensation
Hugh HalterPresident$138,000
Lindsey McCallBoard Member$18,541
David McCannPost Commons Manager$55,797
Natalie McGeeManager$30,000
Shea MaplesPost Kitchen Manager$35,208
...and 3 more key personnel

Financials for Lantern Network

RevenuesFYE 12/2023
Total grants, contributions, etc.$330,234
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$488,821
Miscellaneous revenues$0
Total revenues$819,055

Form 990s for Lantern Network

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-14990View PDF
2019-122021-04-02990View PDF
...and 1 more Form 990
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
June 15, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsHeadquarter / parent organizationsCharities
Issues
ReligionCommunity improvementEconomic development
Characteristics
ReligiousChristianPartially liquidatedState / local levelTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
300 Alby St
Alton, IL 62002
Metro area
St. Louis, MO-IL
County
Madison County, IL
Website URL
lanternnetworkalton.org/ 
Phone
(205) 396-5324
IRS details
EIN
47-1971599
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X20: Christian
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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