Overview
What is Lutheran Homes Inc?
Lutheran Homes Inc, established in 1931, is a compassionate nonprofit organization based in Fort Wayne, Indiana, with a workforce of 817 dedicated individuals. Their mission is to provide suitable housing and care for the elderly, enabling them to function at their highest potential across various levels of care. This holistic approach includes independent living, assisted living, and skilled nursing, with locations in Kendallville and Fort Wayne. Lutheran Homes Inc embodies Christ's love by serving individuals and their caregivers with respect for independence, wellness, and spiritual life. Their ultimate goal is to create a desirable living environment where people wish to reside, professionals are motivated to work, and family members and the community want to visit.
Official website here: www.lutheranlifevillages.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Lutheran Homes Inc has received a solid Three-Star rating from Charity Navigator, with an overall score of 88%. This rating reflects strong performance in the area of Accountability & Finance, indicating that the organization is effectively managing its resources and maintaining transparency in its operations. The charity's independent board structure is particularly noteworthy, boasting 100% independent members.
The organization excels in various financial oversight aspects, including having an active audit and oversight committee and clear financial statements. Additionally, it has demonstrated a commitment to ethical governance with policies for conflict of interest, whistleblower protections, and document retention. The high percentage of program expenses (89.53%) further highlights its focus on mission-related activities.
However, there are areas for improvement, particularly in the liabilities to assets ratio, which stands at 60.69%. While this figure is not alarming, it suggests that the organization should continue to monitor its financial health to ensure sustainability. Overall, Lutheran Homes Inc shows a commendable commitment to accountability and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Homes Inc legitimate?
Lutheran Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Homes 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: $460,594
Professional Fundraising Fees: $2,190
Other Salaries and Wages: $23,233,287
For more financial information, click here
Official website here: www.lutheranlifevillages.org
What is the mission statement of Lutheran Homes Inc?
Lutheran Homes Inc, founded in 1931, is dedicated to serving individuals and their caregivers with compassion and respect for their independence, wellness, and spiritual life. The organization takes pride in creating an environment where people want to live, professionals want to work, and family and community members want to visit. Lutheran Homes offers a full range of care and housing options for the elderly, from independent living and assisted living to skilled nursing. Their commitment extends beyond providing essential services; they strive to create a place that fosters a sense of community and respects the unique needs of each resident.
Official website here: www.lutheranlifevillages.org
Who is the CEO of Lutheran Homes Inc?
Alexander Kiefer is the CEO of Lutheran Homes Inc The CEO's salary of Lutheran Homes Inc is $250,602 and their total compensation is $269,683.
Official website here: www.lutheranlifevillages.org
What is the revenue of Lutheran Homes Inc?
Lutheran Homes Inc's revenue in 2023 was $53,241,379.
Official website here: www.lutheranlifevillages.org
Who are the executives of Lutheran Homes Inc and what are their salaries?
The average compensation at Lutheran Homes Inc during 2023 was $27,017. There are 877 employees and 145 volunteers at Lutheran Homes Inc.
Here are 23 key members and their salaries (Lutheran Homes Inc's CEO's salary is $250,602 and their total compensation is $269,683):
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- Compensation: $250,602
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- Compensation: $171,950
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- Other: $7,163
Official website here: www.lutheranlifevillages.org
Where can I find the form 990 for Lutheran Homes Inc?
Lutheran Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lutheranlifevillages.org
Learn more at the official website: www.lutheranlifevillages.org
Mission Statement of Lutheran Homes Inc
Lutheran Homes Inc, a mission-driven organization, has been dedicated to serving individuals and their caregivers since 1931. With a profound sense of compassion and respect for independence, wellness, and spiritual life, this organization creates an environment where people thrive. At Lutheran Homes Inc, professionals are proud to work in a place that prioritizes the needs of its residents.
The organization offers a comprehensive range of care and housing options for the elderly. From independent living to assisted living and skilled nursing, Lutheran Homes Inc ensures that its residents have access to the care they require while maintaining their independence. The commitment to serving with compassion and respect is deeply rooted in every aspect of Lutheran Homes Inc's operations. By fostering a warm and welcoming community, the organization has become a desirable place for families and community members to visit.
Lutheran Homes Inc's legacy spans over nine decades, with a strong dedication to creating a place where people want to live their best lives. The organization's unwavering focus on the wellbeing of its residents is evident in the wide range of services it provides. By prioritizing the needs of individuals and their caregivers, Lutheran Homes Inc has built a reputation as a trusted and compassionate organization that truly makes a difference in the lives of the elderly.
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Impact
October, 2024
Lutheran Homes Inc significantly impacts the community by providing compassionate care and support for elderly individuals and their caregivers. The organization emphasizes respect for independence, wellness, and spiritual life, ensuring that residents are treated holistically. By offering a wide range of options tailored to the unique needs of each individual—from independent and assisted living to skilled nursing—Lutheran Homes Inc facilitates a living environment where seniors can thrive.
Since its inception in 1931, the organization has prioritized creating a welcoming atmosphere for residents, employees, and visitors alike. This commitment is evident in their goal to help individuals function at their highest potential across multiple levels of care. The focus on fostering a community that supports both the physical well-being and emotional needs of residents underscores their holistic approach, making it a desired destination for living and caregiving in Fort Wayne and Kendallville, Indiana. Through these efforts, Lutheran Homes Inc not only enhances the quality of life for its residents but also strengthens community bonds by being a place where family and friends can gather and support their loved ones.
This information is meant to be a general summary of Lutheran Homes 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 2023.
- Investment Income: $404,530
- Program Service Revenue: $42,717,106
- Gross Receipts: $58,152,826
Assets and Liabilities:
- Total Assets: $60,349,482
- Total Liabilities: $38,746,109
- Net Assets: $21,603,373
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES - PRIVATE PAY
Revenue
$42,196,039
FOSTER GRANDPARENT PROGRAM
Revenue
$289,672
OTHER
Revenue
$231,395
Organization Details
Founding Year
1926
Principal Officer
Alex Kiefer
Website
www.lutheranlifevillages.orgNTEE Category
Code: P75 - Human services
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