Vesper Management Corporation C/O Lutheran Social Services Illinois

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

EIN: 363396543 ✦ Des plaines, IL ✦ Designated as a 501(c)(3)

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Overview

What is Vesper Management Corporation C/O Lutheran Social Services Illinois?

Vesper Management Corporation, with a base at 1001 E Touhy Avenue 50, Des Plaines, Illinois, primarily rents property and equipment to Lutheran Social Services of Illinois. This corporation plays a significant role in supporting Lutheran Social Services by providing essential resources, contributing to their operations and mission. The specific activity or mission of Vesper Management Corporation is centered around leasing property and equipment to this nonprofit organization.


Official website here: www.lssi.org

Is Vesper Management Corporation C/O Lutheran Social Services Illinois legitimate?

Vesper Management Corporation C/O Lutheran Social Services Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vesper Management Corporation C/O Lutheran Social Services Illinois 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.lssi.org

What is the mission statement of Vesper Management Corporation C/O Lutheran Social Services Illinois?

Vesper Management Corporation, primarily serving Lutheran Social Services of Illinois, has a mission centered around renting property and equipment. This corporation owns and operates its real estate, primarily leasing it to Lutheran Social Services of Illinois. The primary activity of Vesper Management Corporation is to provide rental services for the organization, contributing to its operations. The corporation's role is instrumental in supporting Lutheran Social Services of Illinois's operations, providing them with the necessary space and equipment. The exact nature of the services provided by Vesper Management Corporation is not specified, but it is clear that they play a significant role in supporting Lutheran Social Services of Illinois.


Official website here: www.lssi.org

Who is the CEO of Vesper Management Corporation C/O Lutheran Social Services Illinois?

Mark A Stutrud is the Ceo of Vesper Management Corporation C/O Lutheran Social Services Illinois. The CEO's salary of Vesper Management Corporation C/O Lutheran Social Services Illinois is $0 and their total compensation is $398,835.


Official website here: www.lssi.org

What is the revenue of Vesper Management Corporation C/O Lutheran Social Services Illinois?

Vesper Management Corporation C/O Lutheran Social Services Illinois's revenue in 2022 was $215,394.


Official website here: www.lssi.org

Who are the executives of Vesper Management Corporation C/O Lutheran Social Services Illinois and what are their salaries?

There 14 volunteers at Vesper Management Corporation C/O Lutheran Social Services Illinois.


Here are 18 key members and their salaries (Vesper Management Corporation C/O Lutheran Social Services Illinois's CEO's salary is $0 and their total compensation is $398,835):


Linda K Miller (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Randall L Mullin Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Rudy (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr M Wyvetta Bullock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald B Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikka S Mccracken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy K Dalhaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Youngshim Pitcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen L Dowsett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Kathie Bender Schwich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Esther Macchione (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Yehiel Curry (Bishop/Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr S John Roth (Bishop/Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Jeffrey Clements (Bishop/Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark A Stutrud (Ceo)
  • Compensation: $0
  • Related: $335,702
  • Other: $63,133
Lisa Sroga (Vp Finance/Cfo)
  • Compensation: $0
  • Related: $181,970
  • Other: $2,021
Dottie Garrity (Exec Dir Strategic Information)
  • Compensation: $0
  • Related: $169,052
  • Other: $15,948
David K Wilds (Dir Of Treasury Services)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lssi.org

Where can I find the form 990 for Vesper Management Corporation C/O Lutheran Social Services Illinois?

Vesper Management Corporation C/O Lutheran Social Services Illinois's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lssi.org

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

Mission Statement of Vesper Management Corporation C/O Lutheran Social Services Illinois

Vesper Management Corporation C/O Lutheran Social Services Illinois primarily leases property and equipment to Lutheran Social Services of Illinois. This corporation, named Vesper Management, plays a crucial role in supporting the operations of Lutheran Social Services by providing them with necessary space and resources. The mission of Vesper Management Corporation can be seen as facilitating the work of Lutheran Social Services of Illinois by offering them rental services, thereby enabling the latter to carry out its charitable endeavors more effectively.

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Impact




October, 2024

Vesper Management Corporation C/O Lutheran Social Services Illinois plays a critical role in supporting community improvement initiatives in Des Plaines, Illinois. By owning and operating property that is primarily rented to Lutheran Social Services of Illinois, it facilitates the delivery of essential services and programs to the community. This arrangement not only provides necessary space for social services but also ensures that these services are accessible to those in need.

The impact of Vesper Management Corporation extends beyond just property rental; it enhances the capacity of Lutheran Social Services to effectively address various community challenges. The stable and dedicated space enables these services to operate efficiently, fostering a stronger support system for individuals and families within the region. Through this partnership, Vesper Management Corporation contributes significantly to the overall well-being of the community, demonstrating a commitment to enhancing lives and improving social outcomes.




This information is meant to be a general summary of Vesper Management Corporation C/O Lutheran Social Services Illinois. 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
$215,394 (2022)
201120122013201420152016201720182019202020212022$0$550k$1.1M$1.65M$2.2M
Expenses
$215,395 (2022)
201120122013201420152016201720182019202020212022$0$500k$1M$1.5M$2M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Program Service Revenue: $215,394
  • Gross Receipts: $215,394

Assets and Liabilities:

  • Total Assets: $9,844,794
  • Total Liabilities: $0
  • Net Assets: $9,844,794

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTERCOMPANY RENTS

Revenue

$215,394

Organization Details

Founding Year

1977

Principal Officer

Mark A Stutrud

Main Address

1001 E TOUHY AVENUE 50, DES PLAINES, IL, 60018

NTEE Category

Code: S47 - Community improvement

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