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Lutheran Foundation For The Aged Inc

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

EIN: 363365615 ✦ Arlington heights, IL ✦ Designated as a 501(c)(3)

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Overview

What is Lutheran Foundation For The Aged Inc?

Lutheran Foundation For The Aged Inc is a nonprofit organization situated in Arlington Heights, Illinois. Their primary mission is to support the work of various services within the Lutheran Home and Services System, primarily through fundraising events, special programs, and other initiatives. This foundation aims to empower vibrant, grace-filled living across all generations and provides residential and healthcare services for seniors. In instances where seniors have depleted their financial resources, the foundation offers benevolent care.


Official website here: www.lutheranlifecommunities.org

Is Lutheran Foundation For The Aged Inc legitimate?

Lutheran Foundation For The Aged Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Foundation For The Aged 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.lutheranlifecommunities.org

What is the mission statement of Lutheran Foundation For The Aged Inc?

Lutheran Foundation for the Aged Inc's mission is centered around empowering vibrant, grace-filled living across all generations. They provide residential and healthcare services to seniors, extending benevolent care to those who have depleted their financial resources. The foundation supports the work of various services within the Lutheran Home and Services System through fundraising, events, and special programming. Their goal is to enhance the lives of seniors, offering them a dignified living environment and care.


Official website here: www.lutheranlifecommunities.org

Who is the CEO of Lutheran Foundation For The Aged Inc?

Msloan Bentley is the CEO of Lutheran Foundation For The Aged Inc The CEO's salary of Lutheran Foundation For The Aged Inc is $0 and their total compensation is $704,428.


Official website here: www.lutheranlifecommunities.org

What is the revenue of Lutheran Foundation For The Aged Inc?

Lutheran Foundation For The Aged Inc's revenue in 2024 was $0.


Official website here: www.lutheranlifecommunities.org

Who are the executives of Lutheran Foundation For The Aged Inc and what are their salaries?

There 1 volunteer at Lutheran Foundation For The Aged Inc.

Here are 3 key members and their salaries (Lutheran Foundation For The Aged Inc's CEO's salary is $0 and their total compensation is $704,428):


Michael Renetzky (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Msloan Bentley (President & Ceo-Vice Chair)
  • Compensation: $0
  • Related: $694,269
  • Other: $10,159
Amy Lacroix (Secretary)
  • Compensation: $0
  • Related: $345,435
  • Other: $9,362


Official website here: www.lutheranlifecommunities.org

Where can I find the form 990 for Lutheran Foundation For The Aged Inc?

Lutheran Foundation For The Aged Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.lutheranlifecommunities.org

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

Mission Statement of Lutheran Foundation For The Aged Inc

Lutheran Foundation For The Aged Inc is committed to empowering vibrant, grace-filled living across all generations. This mission is achieved by providing residential and healthcare services to seniors. In addition, the foundation offers benevolent care to those who have depleted their financial resources. By doing so, Lutheran Foundation For The Aged Inc aims to improve the quality of life for seniors, ensuring they live with dignity and respect. The foundation supports the work of all services provided in the Lutheran Home and Services System through fundraising, events, and special programming.

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Impact




October, 2024

Lutheran Foundation For The Aged Inc empowers individuals to experience vibrant and grace-filled living across generations. It focuses on providing essential residential and health care services to seniors, ensuring that those in need receive the support and care they require. By offering benevolent care to seniors who have exhausted their financial resources, the foundation plays a crucial role in enhancing the quality of life for some of the most vulnerable members of the community.

Through fundraising events and special programming, the foundation effectively supports a variety of services within the Lutheran Home and Services system. This comprehensive approach helps to foster a sense of community and belonging, allowing seniors to thrive even in challenging circumstances. By prioritizing the physical, emotional, and spiritual well-being of older adults, Lutheran Foundation For The Aged Inc creates a lasting impact that resonates within families and the broader community.




This information is meant to be a general summary of Lutheran Foundation For The Aged 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
$0 (2024)
Expenses
$219 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

    Assets and Liabilities:

    • Total Assets: $22,059,999
    • Total Liabilities: $63,653
    • Net Assets: $21,996,346

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    Organization Details

    Founding Year

    1985

    Principal Officer

    Sloan Bentley

    NTEE Category

    Code: P81Z - Human services

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