Overview
What is Lutheran Homes And Health Services Foundation Inc?
Lutheran Homes and Health Services Foundation Inc, located in Watertown, Wisconsin, serves as a supporting entity for Lutheran Homes and Health Services. Their mission is rooted in a Christian-based innovative approach to aging, offering comprehensive services, programs, and communities. The foundation primarily functions by receiving gifts and bequests, managing and investing these funds, and then dispersing them on behalf of Lutheran Homes and Health Services. Their aim is to enhance the lives of individuals in need, promoting a holistic approach to aging.
Official website here: www.illuminus.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Lutheran Homes And Health Services Foundation Inc has received an excellent 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's rating is based solely on a single beacon score, showcasing its commitment to transparency and responsible management of resources. The foundation achieved full marks in several key areas, indicating its effectiveness in governance practices.
The organization boasts a fully independent board of directors, which strengthens its governance and decision-making processes. With no material diversion of assets recorded and a commendable liabilities to assets ratio of 9.27%, it demonstrates financial stability and prudent resource management. Furthermore, the foundation adheres to best practices with documented policies for conflict of interest, whistleblower protection, and document retention.
However, while the financial ratios and governance practices are strong, the summary does not provide a broader perspective on the foundation's programmatic impact or community engagement. Therefore, potential donors and stakeholders may wish to explore additional information about the foundation's specific programs and their effectiveness in serving their target populations.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Homes And Health Services Foundation Inc legitimate?
Lutheran Homes And Health Services Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Homes And Health Services Foundation 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.illuminus.us
What is the mission statement of Lutheran Homes And Health Services Foundation Inc?
The Lutheran Homes and Health Services Foundation, serving as a supportive arm of Lutheran Homes and Health Services, pursues a Christian-oriented innovative approach to aging. They accomplish this by offering comprehensive services, programs, and communities, aimed at enhancing the quality of life for the elderly. The foundation's primary role involves receiving donations, managing and investing funds, and distributing them on behalf of Lutheran Homes and Health Services, in line with their mission and objectives.
Official website here: www.illuminus.us
Who is the CEO of Lutheran Homes And Health Services Foundation Inc?
Matthew Mauthe is the CEO of Lutheran Homes And Health Services Foundation Inc The CEO's salary of Lutheran Homes And Health Services Foundation Inc is $0 and their total compensation is $658,445.
Official website here: www.illuminus.us
What is the revenue of Lutheran Homes And Health Services Foundation Inc?
Lutheran Homes And Health Services Foundation Inc's revenue in 2023 was $55,878.
Official website here: www.illuminus.us
Who are the executives of Lutheran Homes And Health Services Foundation Inc and what are their salaries?
There 11 volunteers at Lutheran Homes And Health Services Foundation Inc.
Here are 7 key members and their salaries (Lutheran Homes And Health Services Foundation Inc's CEO's salary is $0 and their total compensation is $658,445):
- Compensation: $0
- Related: $626,375
- Other: $32,070
- Compensation: $0
- Related: $255,555
- Other: $39,017
- Compensation: $0
- Related: $284,971
- Other: $33,417
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.illuminus.us
Where can I find the form 990 for Lutheran Homes And Health Services Foundation Inc?
Lutheran Homes And Health Services Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.illuminus.us
Learn more at the official website: www.illuminus.us
Mission Statement of Lutheran Homes And Health Services Foundation Inc
Lutheran Homes and Health Services Foundation, as a supporting entity of Lutheran Homes and Health Services, embraces a Christian-oriented innovative approach towards aging. Their mission is to provide comprehensive services, programs, and communities, all with the aim of promoting aging in a holistic manner. This foundation strives to contribute to this goal by receiving and managing gifts, bequests, administering, investing, and disbursing funds on behalf of Lutheran Homes and Health Services.
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Impact
August, 2024
Lutheran Homes And Health Services Foundation Inc has a significant impact on enhancing the quality of life for seniors through its Christian-based innovative approach to aging. By providing comprehensive services, programs, and communities, the foundation ensures that elderly individuals receive the care and support they need to thrive in their later years. Through receiving gifts and bequests, as well as administering and investing funds, the foundation is able to disburse resources to Lutheran Homes and Health Services, ultimately benefiting the elderly community in Watertown, WI. This impact falls under the category of human services, demonstrating the foundation's commitment to serving the needs of seniors in a compassionate and dignified manner.
This information is meant to be a general summary of Lutheran Homes And Health Services Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $26,352
- Gross Receipts: $222,708
Assets and Liabilities:
- Total Assets: $687,686
- Total Liabilities: $63,749
- Net Assets: $623,937
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Organization Details
Founding Year
2000
Principal Officer
Nicole Chwala
Website
www.illuminus.usNTEE Category
Code: P75I - Human services
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