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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 Ltc Inc.

Ltc Inc.

Fiscal year ending 2024. Filed on May 13, 2025.

240 N Tillotson Ave
Muncie, Indiana 47304

Ltc Inc. (EIN: 31-1190460), also known as Gilbeke Apartments, has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Ltc Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $546,275. The highest compensated employee at Ltc Inc. is Hank Milius with fiscal year 2024 compensation of $1,249,769.

Revenue, expenses, and employee compensation

Revenue

$195,400

Expenses

$185,139

Employee compensation

$23,113
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Hank Milius
Former President
$1,249,769
$0 $1,193,470 $56,299
Scott Riggs
Treasurer
$406,863
$0 $355,920 $50,943
Lisa Suttle
Vice President
$297,903
$0 $268,283 $29,620
Seth Warren
President
$230,565
$0 $206,963 $23,602

Benchmark Employee Compensation

Non-Employee Board Members

Teri Grimes
Secretary
$102,830
$0 $77,186 $25,644
Trent Dowling
Member
No compensation reported

Mission Statement

PROVIDE AFFORDABLE HOUSING FOR DISABLED INDIVIDUALS

Revisions to this organization profile

December 12, 2025:
2025 Ltc Inc. 990 filed
May 13, 2025:
2024 Ltc Inc. 990 filed
January 15, 2024:
2023 Ltc Inc. 990 filed

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