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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Lifenet Foundation

Lifenet Foundation

Fiscal year ending 2024. Filed on November 10, 2025.

1864 Concert Drive
Virginia Beach, Virginia 23453

Lifenet Foundation (EIN: 54-2015370) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lifenet Foundation, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $2,030,725. The highest compensated employee at Lifenet Foundation is Mr Rony Thomas with fiscal year 2024 compensation of $4,117,970.

Revenue, expenses, and employee compensation

Revenue

$374,374

Expenses

$103,824

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mr Rony Thomas
Board Member
$4,117,970
$0 $3,545,517 $572,453
Mr Doug Wilson
Chair
$1,184,693
$0 $945,386 $239,307
Mr J Philip Jones
Chief Financial Officer and Treasurer
$789,513
$0 $546,918 $242,595

Benchmark Employee Compensation

Non-Employee Board Members

Mr Gordon Berkstresser
Secretary

Mission Statement

SEE SCHEDULE O.

Revisions to this organization profile

November 10, 2025:
2024 Lifenet Foundation 990 filed
November 6, 2024:
2023 Lifenet Foundation 990 filed
November 9, 2023:
2022 Lifenet Foundation 990 filed

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