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Peace Lutheran Endowment Fund Inc

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

EIN: 311490691 ✦ Eau claire, WI ✦ Designated as a 501(c)(3)

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Overview

What is Peace Lutheran Endowment Fund Inc?

Peace Lutheran Endowment Fund Inc, situated in Eau Claire, Wisconsin, functions as a supporting organization for Peace Lutheran Church, as per Section 509(a)(1). This nonprofit's primary role is to advance the church's mission through annual grant distributions. By doing so, it contributes significantly to the church's activities and initiatives, thereby strengthening its impact within the community.

Is Peace Lutheran Endowment Fund Inc legitimate?

Peace Lutheran Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peace Lutheran Endowment Fund Inc submitted a form 990EZ, 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.

What is the mission statement of Peace Lutheran Endowment Fund Inc?

The Peace Lutheran Endowment Fund serves as a supporting organization for Peace Lutheran Church, following the guidelines set by Section 509(a)(1). Its primary role is to provide financial aid to the church, assisting in the fulfillment of its mission. The fund's activities are focused on supporting the church's objectives and promoting its values. It does not have a distinct mission statement of its own, but its purpose is inherently linked to the mission of Peace Lutheran Church.

Who is the CEO of Peace Lutheran Endowment Fund Inc?

Mark Schultz is the Vice President of Peace Lutheran Endowment Fund Inc.

What is the revenue of Peace Lutheran Endowment Fund Inc?

Peace Lutheran Endowment Fund Inc's revenue in 2022 was $21,322.

Who are the executives of Peace Lutheran Endowment Fund Inc and what are their salaries?


Here are 3 key members and their salaries:


Charles Falch (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schultz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Graese (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Peace Lutheran Endowment Fund Inc?

Peace Lutheran Endowment Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Peace Lutheran Endowment Fund Inc

Peace Lutheran Endowment Fund, as a supporting organization under Section 509(a)(1), plays a crucial role in upholding the mission of Peace Lutheran Church. The endowment fund achieves this by granting funds to the church throughout the year, enabling it to carry out its own objectives effectively. In essence, Peace Lutheran Endowment Fund serves as a financial backbone, helping to sustain the mission of Peace Lutheran Church.

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Impact




October, 2024

The Peace Lutheran Endowment Fund Inc significantly enhances the mission of Peace Lutheran Church in Eau Claire, WI, by providing essential financial support through grants. These grants are instrumental in enabling the church to carry out its various programs and initiatives, fostering community engagement and spiritual growth. By sustaining the church's activities and outreach efforts, the Endowment Fund plays a vital role in ensuring the church can continue to serve its congregation and the broader community effectively. The impact of the fund is profound, as it not only supports ongoing projects but also helps in creating new opportunities for connecting with individuals and families within the region, thus strengthening the overall mission of the church.




This information is meant to be a general summary of Peace Lutheran Endowment Fund 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
$21,322 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,247
  • Gross Receipts: $21,322

Assets and Liabilities:

  • Total Assets: $343,143
  • Total Liabilities: $0
  • Net Assets: $343,143

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Organization Details

Principal Officer

Mark Schultz

Main Address

501 E Fillmore Ave, Eau Claire, WI, 54701

NTEE Category

Code: X20 - Religion related

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