Overview
What is St John Lutheran Foundation?
The St. John Lutheran Foundation is a charitable organization based in Springfield, Minnesota. Its primary purpose is to generate funds to aid the mission of St. John Lutheran Home and associated entities. Through their financial contributions, they have procured various items to improve the living conditions and well-being of both residents and staff across the campus. These resources range from essential equipment like wheelchairs, resident lifts, and electric beds, to more significant renovations within the facility. The Foundation's ultimate goal is to enhance the lives of St. John Lutheran Home's residents, their families, staff, and the broader St. John's Circle of Care community, continually upholding the organization's mission and vision.
Official website here: www.sjlhome.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
The St John Lutheran Foundation has received a One-Star rating from Charity Navigator, reflecting significant concerns in its financial accountability and transparency. The overall score is derived solely from its Accountability & Finance metrics, which highlights areas where the foundation does not meet best practices for nonprofit financial management.
While the organization showcases strengths such as an independent board of directors, with all members meeting independence criteria, and the presence of essential policies like conflict of interest and whistleblower protections, these positives are overshadowed by poor financial ratios. Specifically, the foundation has a low program expense ratio of 25.10% and a liabilities to assets ratio of 12.75%, indicating limited resources directed towards its mission.
In summary, while St John Lutheran Foundation demonstrates a commitment to governance and accountability through its policies and board structure, its financial health raises concerns that may affect its ability to effectively serve its mission. Donors and stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is St John Lutheran Foundation legitimate?
St John Lutheran Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John Lutheran Foundation 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.sjlhome.com
What is the mission statement of St John Lutheran Foundation?
The St John Lutheran Foundation's mission is centered around raising funds to aid in the charitable missions of associated entities. Its purpose is to benefit the residents, their families, the staff, and St. John's Circle of Care as a whole, contributing to the ongoing advancement of St. John Lutheran Home's mission and vision. The foundation has been successful in procuring various items to enhance the living conditions for both residents and staff, ranging from wheelchairs and resident lifts to electric beds and campus renovations.
Official website here: www.sjlhome.com
Who is the CEO of St John Lutheran Foundation?
Bracey Lerner is the President of St John Lutheran Foundation.
Official website here: www.sjlhome.com
What is the revenue of St John Lutheran Foundation?
St John Lutheran Foundation's revenue in 2022 was $1,190,726.
Official website here: www.sjlhome.com
Who are the executives of St John Lutheran Foundation and what are their salaries?
There 21 volunteers at St John Lutheran Foundation.
Here are 11 key members and their salaries:
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- Related: $86,825
- Other: $3,900
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- Related: $70,104
- Other: $3,256
Official website here: www.sjlhome.com
Where can I find the form 990 for St John Lutheran Foundation?
St John Lutheran Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sjlhome.com
Learn more at the official website: www.sjlhome.com
Mission Statement of St John Lutheran Foundation
The St. John Lutheran Foundation exists with the primary objective of raising funds to support the charitable mission of related entities. Its mission is geared towards benefiting the residents, their families, the staff, and St. John's Circle of Care as a whole. The foundation plays a significant role in advancing the mission and vision of St. John Lutheran Home by procuring various resources to enhance the living conditions of both the residents and staff. These resources range from practical items such as wheelchairs, resident lifts, and electric beds, to larger-scale renovations within the facility. The ultimate goal of the St. John Lutheran Foundation is to contribute to the overall well-being and betterment of the individuals and community it serves.
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Impact
October, 2024
The St. John Lutheran Foundation significantly enhances the quality of life for residents and staff at St. John Lutheran Home and related entities. By raising funds, the foundation supports the acquisition of essential items, ranging from wheelchairs and resident lifts to electric beds and facility renovations. This financial backing directly benefits not only the residents but also their families and the dedicated staff, fostering a holistic environment of care. With its commitment to advancing the mission and vision of St. John Lutheran Home, the foundation plays a vital role in ensuring that the community continues to thrive and receive the best possible support.
This information is meant to be a general summary of St John Lutheran Foundation. 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: $111,305
- Gross Receipts: $1,266,972
Assets and Liabilities:
- Total Assets: $4,273,263
- Total Liabilities: $406,479
- Net Assets: $3,866,784
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Organization Details
Founding Year
1985
Phone
(507) 723-3200Principal Officer
Bracey Lerner
Main Address
201 S CR 5, SPRINGFIELD, MN, 56087
Website
www.sjlhome.comNTEE Category
Code: T30 - Philanthropy
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