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Bethany Lutheran Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201569453 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is Bethany Lutheran Foundation Inc?

Bethany Lutheran Foundation Inc, located in Sioux Falls, South Dakota, is a dedicated nonprofit organization with a mission to support the ongoing operations of Bethany Lutheran Home for the Aged Inc. Through various fundraising efforts, they provided grants totaling $95,648 to this institution during the year, contributing to its continued services. The Foundation's primary objective is to ensure the well-being and continuity of Bethany Lutheran Home for the Aged Inc., providing essential financial aid.


Official website here: www.foundationforbethany.org

Is Bethany Lutheran Foundation Inc legitimate?

Bethany Lutheran Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Lutheran Foundation 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: $0

For more financial information, click here


Official website here: www.foundationforbethany.org

What is the mission statement of Bethany Lutheran Foundation Inc?

The Bethany Lutheran Foundation's primary objective is to support the ongoing operations of Bethany Lutheran Home for the Aged Inc. through fundraising efforts. Their mission is centered around providing financial aid to this institution. They accomplish this by organizing events and offering grants. During a given year, the foundation provided grants amounting to $95,648 to Bethany Lutheran Home for the Aged Inc. This financial support is instrumental in maintaining the operations of the elderly care center.


Official website here: www.foundationforbethany.org

Who is the CEO of Bethany Lutheran Foundation Inc?

Denis Andersen is the President of Bethany Lutheran Foundation Inc. The CEO's salary of Bethany Lutheran Foundation Inc is $0 and their total compensation is $160,678.


Official website here: www.foundationforbethany.org

What is the revenue of Bethany Lutheran Foundation Inc?

Bethany Lutheran Foundation Inc's revenue in 2022 was $151,410.


Official website here: www.foundationforbethany.org

Who are the executives of Bethany Lutheran Foundation Inc and what are their salaries?

There 4 volunteers at Bethany Lutheran Foundation Inc.


Here are 9 key members and their salaries (Bethany Lutheran Foundation Inc's CEO's salary is $0 and their total compensation is $160,678):


Deborah Herrboldt (Ceo/Bethany Lutheran Home)
  • Compensation: $0
  • Related: $149,764
  • Other: $10,914
Dalton Huber (Cfo/Blh)
  • Compensation: $0
  • Related: $117,848
  • Other: $9,649
Linda Jensen (Foundation Director (Until 01/2022))
  • Compensation: $0
  • Related: $72,289
  • Other: $4,889
Denis Andersen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Schade (Secretary (Through 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Greg Johnson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Larson (Secretary (Beg 01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Martin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Erickson (Foundation Director (Beg 02/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundationforbethany.org

Where can I find the form 990 for Bethany Lutheran Foundation Inc?

Bethany Lutheran Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundationforbethany.org

Learn more at the official website: www.foundationforbethany.org

Mission Statement of Bethany Lutheran Foundation Inc

Bethany Lutheran Foundation Inc is dedicated to raising funds to support the ongoing operations of Bethany Lutheran Home for the Aged Inc. Their primary mission is to secure financial resources to ensure the continuity of services provided by the home for the elderly. Throughout the year, they organize events and distribute grants to achieve this objective. In 20XX, they held one such event and granted $95,648 to Bethany Lutheran Home for the Aged Inc. By doing so, they contribute to the well-being and care of the elderly population in an unspecified capacity.

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Impact




October, 2024

Bethany Lutheran Foundation Inc significantly supports the ongoing operations of Bethany Lutheran Home for the Aged Inc. by raising essential funds that directly enhance the quality of life for its residents. Through dedicated fundraising efforts, including an annual event, the foundation was able to provide over $95,000 in grants to ensure that the home can maintain and improve its services. This financial assistance is crucial in creating a supportive environment for the elderly, helping to address their housing needs and ensuring they receive the care and attention they deserve. By contributing to the operational stability of the home, the foundation plays a vital role in fostering a compassionate community for older adults in Sioux Falls, SD.




This information is meant to be a general summary of Bethany Lutheran Foundation 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.

Revenue
$151,410 (2022)
Expenses
$108,156 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,791
  • Gross Receipts: $162,492

Assets and Liabilities:

  • Total Assets: $695,403
  • Total Liabilities: $44,135
  • Net Assets: $651,268

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Organization Details

Founding Year

2004

Principal Officer

Denis Andersen

Main Address

1901 S Holly Ave, Sioux Falls, SD, 57105

NTEE Category

Code: L112 - Housing

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