Overview
What is The Lutheran Care Network Inc?
The Lutheran Care Network Inc, located in Scarsdale, New York, serves as a ministry of healing, hospitality, and community engagement. This nonprofit organization provides strategic planning, management, and advisory services to various related 501(C)(3) organizations. With a mission to support and develop these organizations, The Lutheran Care Network Inc plays a crucial role in the nonprofit sector, contributing to the betterment of communities through its partnerships. With a workforce of 14 dedicated individuals, this network strives to make a positive impact in the lives of many.
Official website here: www.tlcn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Lutheran Care Network Inc has received an 86% rating from Charity Navigator, indicating a solid performance in accountability and finance. With a majority of independent board members and a robust oversight committee, the organization demonstrates a commitment to transparency and ethical governance. Furthermore, it has established comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which strengthen its operational integrity.
In terms of financial health, the organization maintains a high program expense ratio of 79.73%, reflecting a significant portion of funds directed toward its programs rather than administrative costs. This points to an effective use of resources for achieving its mission. However, the liabilities to assets ratio of 68.42% suggests potential financial risks that may need to be monitored closely, even as the organization operates with a clean record regarding asset diversion.
Overall, The Lutheran Care Network Inc exhibits strong governance and responsible financial practices, though it may need to address its liabilities to ensure long-term sustainability and mitigate any future financial challenges.
This AI summary has been generated from information found on Charity Navigator.
Is The Lutheran Care Network Inc legitimate?
The Lutheran Care Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lutheran Care Network Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,083,937
For more financial information, click here
Official website here: www.tlcn.org
What is the mission statement of The Lutheran Care Network Inc?
The Lutheran Care Network Inc's mission is centered around providing supportive services. Specifically, it offers management, development, and fundraising assistance to related 501(c)(3) organizations. Its role is to facilitate strategic planning and advisory services for various related non-profit entities, aiming to strengthen their operations and impact. By doing so, The Lutheran Care Network Inc contributes to the overall mission and success of these organizations, ultimately contributing to various charitable causes.
Official website here: www.tlcn.org
Who is the CEO of The Lutheran Care Network Inc?
Laraine Fellegara is the Secretary of The Lutheran Care Network Inc. The CEO's salary of The Lutheran Care Network Inc is $413,479 and their total compensation is $457,973.
Official website here: www.tlcn.org
What is the revenue of The Lutheran Care Network Inc?
The Lutheran Care Network Inc's revenue in 2022 was $3,294,689.
Official website here: www.tlcn.org
Who are the executives of The Lutheran Care Network Inc and what are their salaries?
The average compensation at The Lutheran Care Network Inc during 2022 was $77,424. There are 14 employees and 7 volunteers at The Lutheran Care Network Inc.
Here are 12 key members and their salaries (The Lutheran Care Network Inc's CEO's salary is $413,479 and their total compensation is $457,973):
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- Other: $0
- Compensation: $413,479
- Related: $0
- Other: $44,494
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- Other: $0
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- Compensation: $138,664
- Related: $0
- Other: $21,123
- Compensation: $149,923
- Related: $0
- Other: $4,602
Official website here: www.tlcn.org
Where can I find the form 990 for The Lutheran Care Network Inc?
The Lutheran Care Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tlcn.org
Learn more at the official website: www.tlcn.org
Mission Statement of The Lutheran Care Network Inc
The Lutheran Care Network, a ministry committed to healing, hospitality, and community, serves by offering management, development, and fundraising services to related 501(c)(3) organizations. Its mission can be paraphrased as supporting these related nonprofit organizations by providing them with strategic planning and expert advice. The Lutheran Care Network's role is to enhance the capabilities and operations of these organizations, thereby contributing to their collective success in their respective missions.
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Impact
July, 2024
The Lutheran Care Network Inc's impact is significant in the field of health. Through its ministry of healing, hospitality, and community partnerships, TLCN provides management, development, and fundraising services to related 501(c)(3) organizations. By offering strategic planning and advisory services, TLCN plays a vital role in supporting these organizations in their mission to provide care and support to those in need. Through its work, TLCN contributes to improving health outcomes and enhancing the quality of life for individuals within the communities it serves.
This information is meant to be a general summary of The Lutheran Care Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,174,090
- Program Service Revenue: $1,914,032
- Gross Receipts: $3,294,689
Assets and Liabilities:
- Total Assets: $3,977,399
- Total Liabilities: $2,721,595
- Net Assets: $1,255,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,914,032
Organization Details
Founding Year
1987
Phone
(914) 365-6365Principal Officer
Laraine Fellegara
Main Address
700 WHITE PLAINS ROAD 377, SCARSDALE, NY, 10583
Website
www.tlcn.orgNTEE Category
Code: E91 - Health
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