Overview
What is Cross Lutheran Foundation?
The Cross Lutheran Foundation (CLF) is a nonprofit organization that primarily serves to support Cross Evangelical Lutheran Church, Inc., located in Yorkville, Illinois. Its mission is to strengthen and advance the church's goals by providing necessary functions, fostering support, and developing resources. By making donations to Cross, CLF also furthers its own objectives. The foundation's activities are guided by Cross's constitution and articles of incorporation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Stars
The Cross Lutheran Foundation received a 73% rating from Charity Navigator, which translates to a Two-Star rating. This score is based solely on their Accountability & Finance beacon, indicating a focus on financial integrity rather than overall performance or impact. High marks in areas such as board independence and lack of asset diversion reflect strong governance and accountability.
The foundation excels in maintaining a fully independent board, with 100% of its members being independent, and demonstrates sound fiscal management with a liabilities to assets ratio of 0.00%. Additionally, their program expense ratio stands at an impressive 96.63%, suggesting that a significant portion of expenditures is directed toward their charitable mission.
However, while the financial metrics are strong, the overall rating indicates that there might be limitations in other areas of performance that are not captured by the financial data alone. Potential donors may want to consider additional factors such as the foundation's programmatic effectiveness and community impact when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is Cross Lutheran Foundation legitimate?
Cross Lutheran Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cross 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
What is the mission statement of Cross Lutheran Foundation?
The Cross Lutheran Foundation (CLF) is dedicated to supporting the mission of Cross Evangelical Lutheran Church, Inc. Located elsewhere, the Church's mission is not specified in the given information. The role of CLF is to take on certain functions of the Church, offer encouragement, and enhance the Church's resources to strengthen and achieve its mission. The specifics of CLF's mission can be further defined by the Church's constitution and articles of incorporation.
Who is the CEO of Cross Lutheran Foundation?
Pamela Hahn is the Director of Cross Lutheran Foundation.
What is the revenue of Cross Lutheran Foundation?
Cross Lutheran Foundation's revenue in 2022 was $51,998.
Who are the executives of Cross Lutheran Foundation and what are their salaries?
There 11 volunteers at Cross Lutheran Foundation.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Cross Lutheran Foundation?
Cross Lutheran Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cross Lutheran Foundation
Cross Lutheran Foundation, abbreviated as CLF, is committed to supporting and strengthening Cross Evangelical Lutheran Church, Inc. Its mission is multifaceted, encompassing providing functions on behalf of the church, offering encouragement to all, and cultivating resources to enhance the church's capacity to fulfill its mission. The specific details of CLF's mission can be further elucidated by referring to Cross's constitution and articles of incorporation. In essence, CLF serves as a catalyst, empowering Cross Lutheran Church to thrive and achieve its objectives effectively.
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Impact
October, 2024
Cross Lutheran Foundation significantly enhances the community by supporting the mission and functions of Cross Evangelical Lutheran Church in Yorkville, IL. Through its efforts, the foundation encourages spiritual growth and development, ensuring that the church can effectively carry out its objectives.
The foundation plays a key role in bolstering the church’s initiatives, providing financial donations that help strengthen its outreach and community programs. This support fosters a nurturing environment for congregation members and encourages the development of individual gifts within the community, allowing for a more vibrant and active church life.
By aligning its resources and efforts with the goals of Cross Evangelical Lutheran Church, Cross Lutheran Foundation not only influences the church's operational capacity but also enhances the overall spiritual and social fabric of the Yorkville community. Its dedicated focus on uplifting and enriching the congregation contributes to a sense of belonging and shared purpose among members, further solidifying the church's role as a vital part of community life.
This information is meant to be a general summary of Cross 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: $17,583
- Gross Receipts: $51,998
Assets and Liabilities:
- Total Assets: $701,385
- Total Liabilities: $0
- Net Assets: $701,385
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Organization Details
Founding Year
1999
Phone
(630) 553-7335Principal Officer
Pamela Hahn
Main Address
8609 Illinois Route 47, Yorkville, IL, 60560
NTEE Category
Code: X11 - Religion related
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