Overview
What is Thrivent Financial For Lutherans?
Thrivent Financial for Lutherans is a Minneapolis-based, not-for-profit membership organization with a Christian mission. Operating under the fraternal benefit society model, it provides life, health, and other benefits to its members and their dependents. Thrivent's primary purpose is to help its members and society thrive by guiding them to be wise with their money and live generously. With a strong faith-based foundation, Thrivent offers programs of insurance and other benefits, engages in fraternal and benevolent activities through local lodges, aids Lutheran and other Christian communities and their institutions, and supports various lawful endeavors to promote social, intellectual, educational, charitable, and other initiatives. Thrivent's workforce of over 8,000 employees is dedicated to facilitating these goals.
Official website here: www.thrivent.com
What are the reviews and ratings of this charity?
Thrivent Financial for Lutherans is not currently rated by Charity Navigator because it is not a 501(c)(3) IRS registered nonprofit. This absence of a rating should not necessarily be interpreted positively or negatively but rather indicates a lack of evaluation due to its non-qualifying status. Historical ratings are not applicable today as they focused primarily on Accountability and Finance without considering newer assessment metrics such as Leadership & Adaptability or Culture & Community.
Charity Navigator typically evaluates organizations based on detailed financial data, including Form 990 submissions, but Thrivent Financial for Lutherans has not filed these within the past six years, preventing a comprehensive fiscal evaluation. Thus, specific information about revenue, expenses, and key person salaries is also unavailable. As a central affiliate, the organization serves as a parent entity in its framework but does not fit within the general evaluation criteria set for typical nonprofits on Charity Navigator.
GreatNonprofits user reviews are unavailable for Thrivent Financial for Lutherans. Consequently, no user feedback is provided to give insights into public sentiment or personal experiences with the organization. This lack of data limits the breadth of evaluation but is consistent with the organization’s unique structural and operational status.
This AI summary has been generated from information found on Charity Navigator.
Is Thrivent Financial For Lutherans legitimate?
Thrivent Financial For Lutherans is a legitimate nonprofit organization registered as a 501(c)(8) entity. Thrivent Financial For Lutherans 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: $38,434,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $481,780,662
For more financial information, click here
Official website here: www.thrivent.com
What is the mission statement of Thrivent Financial For Lutherans?
Thrivent Financial For Lutherans is a not-for-profit membership organization for Christians, serving its members and society by helping them manage their finances wisely and live generously. Thrivent's mission is grounded in the belief that all possessions are gifts from God. The organization enables its members to aid themselves and others through various means, including insurance and other benefits, local lodge activities, charitable assistance, and support for educational and intellectual endeavors. Thrivent thrives when its members, their families, and their communities prosper.
Official website here: www.thrivent.com
Who is the CEO of Thrivent Financial For Lutherans?
Teresa Rasmussen is the Ceo of Thrivent Financial For Lutherans. The CEO's salary of Thrivent Financial For Lutherans is $6,920,027 and their total compensation is $14,505,821.
Official website here: www.thrivent.com
What is the revenue of Thrivent Financial For Lutherans?
Thrivent Financial For Lutherans's revenue in 2022 was $10,282,948,737.
Official website here: www.thrivent.com
Who are the executives of Thrivent Financial For Lutherans and what are their salaries?
The average compensation at Thrivent Financial For Lutherans during 2022 was $64,343. There are 8085 employees at Thrivent Financial For Lutherans.
Here are 32 key members and their salaries (Thrivent Financial For Lutherans's CEO's salary is $6,920,027 and their total compensation is $14,505,821):
- Compensation: $6,920,027
- Related: $0
- Other: $7,585,794
- Compensation: $4,734,598
- Related: $0
- Other: $2,875,951
- Compensation: $4,581,478
- Related: $0
- Other: $2,191,633
- Compensation: $3,583,874
- Related: $0
- Other: $2,524,299
- Compensation: $2,661,718
- Related: $0
- Other: $1,024,073
- Compensation: $2,358,528
- Related: $1,176,101
- Other: $40,203
- Compensation: $964,395
- Related: $1,850,195
- Other: $50,615
- Compensation: $2,693,775
- Related: $0
- Other: $37,830
- Compensation: $628,413
- Related: $2,023,690
- Other: $38,602
- Compensation: $597,014
- Related: $2,021,452
- Other: $48,616
- Compensation: $367,731
- Related: $0
- Other: $138,542
- Compensation: $373,036
- Related: $0
- Other: $2,800
- Compensation: $278,702
- Related: $0
- Other: $96,667
- Compensation: $249,721
- Related: $0
- Other: $84,603
- Compensation: $244,017
- Related: $0
- Other: $411
- Compensation: $244,017
- Related: $0
- Other: $0
- Compensation: $244,017
- Related: $0
- Other: $0
- Compensation: $244,017
- Related: $0
- Other: $0
- Compensation: $244,017
- Related: $0
- Other: $0
- Compensation: $219,433
- Related: $0
- Other: $1,642
- Compensation: $219,433
- Related: $0
- Other: $0
- Compensation: $219,433
- Related: $0
- Other: $0
- Compensation: $219,433
- Related: $0
- Other: $0
- Compensation: $219,433
- Related: $0
- Other: $0
- Compensation: $219,433
- Related: $0
- Other: $0
- Compensation: $219,433
- Related: $0
- Other: $0
- Compensation: $117,348
- Related: $0
- Other: $0
- Compensation: $23,078
- Related: $0
- Other: $1,677
- Compensation: $23,078
- Related: $0
- Other: $871
- Compensation: $23,078
- Related: $0
- Other: $70
- Compensation: $23,078
- Related: $0
- Other: $70
- Compensation: $23,078
- Related: $0
- Other: $0
Official website here: www.thrivent.com
Where can I find the form 990 for Thrivent Financial For Lutherans?
Thrivent Financial For Lutherans's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thrivent.com
Learn more at the official website: www.thrivent.com
Mission Statement of Thrivent Financial For Lutherans
Thrivent Financial For Lutherans, a fraternal benefit society, has been serving its members and society for over a century. This not-for-profit membership organization, composed of Christians, aims to guide both its members and the community to be wise with money and live generously. Thrivent believes that all possessions are gifts from God and that generosity is an expression of faith.
Thrivent Financial For Lutherans thrives when its members, their families, and their communities prosper. The organization's mission is two-fold: providing programs of insurance and other benefits to its members and engaging in fraternal and benevolent activities. By offering various insurance and benefit plans, Thrivent Financial For Lutherans ensures the well-being of its members. In addition, it fosters a sense of community among its members through local lodge activities.
Moreover, Thrivent Financial For Lutherans extends its support beyond its membership base. It provides assistance to Lutheran and other Christian communities and their institutions. Furthermore, the organization engages in other lawful endeavors as determined by its Board of Directors, including social, intellectual, educational, charitable, and other projects. Through its diverse range of activities, Thrivent Financial For Lutherans strengthens its commitment to serving its members and making a positive impact on society.
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Impact
April, 2024
In a small town nestled among rolling hills, the presence of Thrivent Financial for Lutherans shone brightly. Through their mission of guiding members to be wise with their money and live generously, the community experienced a transformation unlike any other. Families facing financial hardships found solace in Thrivent's support, receiving essential life, health, and other benefits that provided a sense of security and peace of mind. As the organization extended its reach, the ripple effect of their generosity touched every corner of the town.
With a shared belief in the power of generosity as an expression of faith, Thrivent Financial for Lutherans became a beacon of hope for those in need. The local lodge buzzed with activity as members came together to engage in benevolent acts, supporting each other and fostering a sense of unity and belonging. As the community thrived, empowered by Thrivent's assistance to Lutheran and other Christian institutions, a spirit of altruism enveloped the town. Through their dedication to serving both members and society, Thrivent Financial for Lutherans truly embodied the values of compassion, support, and generosity.
This information is meant to be a general summary of Thrivent Financial For Lutherans. 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: $2,164,929,805
- Program Service Revenue: $6,573,165,918
- Gross Receipts: $23,562,679,701
Assets and Liabilities:
- Total Assets: $107,958,225,885
- Total Liabilities: $94,190,269,089
- Net Assets: $13,767,956,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS
Revenue
$5,134,500,166
FEE INCOME
Revenue
$1,352,218,578
CONTRACT LOAN INTEREST
Revenue
$74,566,138
RENTAL INCOME FROM CORPORATE HEADQUARTERS
Revenue
$11,881,036
Organization Details
Founding Year
1902
Phone
(612) 844-5225Principal Officer
Teresa Rasmussen
Main Address
600 PORTLAND AVE S MSC 7300, MINNEAPOLIS, MN, 554154402
Website
www.thrivent.comNTEE Category
Code: E83 - Health
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