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Luther Knoll Inc

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

EIN: 391874478 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Luther Knoll Inc?

Luther Knoll Inc is a nonprofit organization situated in Bettendorf, Iowa, specifically at 3118 Devil's Glen Road. Their primary mission is to offer affordable and quality housing for the elderly, catering to low-income senior citizens. The organization is dedicated to providing elderly or disabled individuals with housing facilities and services, designed to meet their physical, social, and psychological needs. This aim is to promote their health, security, happiness, and overall well-being in longer living. Luther Knoll Inc strives to ensure the elderly population can live comfortably, with dignity and support.

Is Luther Knoll Inc legitimate?

Luther Knoll Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luther Knoll 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: $74,675

For more financial information, click here

What is the mission statement of Luther Knoll Inc?

Luther Knoll Inc's mission is centered around providing specialized housing and services for elderly or disabled individuals, aiming to cater to their physical, social, and psychological needs. The organization strives to enhance their health, security, happiness, and overall well-being as they age. By offering affordable quality housing, Luther Knoll Inc aims to promote a fulfilling and secure living environment for its residents. Currently, the organization manages 46 units of such housing facilities.

Who is the CEO of Luther Knoll Inc?

Nancy Beaderstadt is the President of Luther Knoll Inc.

What is the revenue of Luther Knoll Inc?

Luther Knoll Inc's revenue in 2022 was $274,252.

Who are the executives of Luther Knoll Inc and what are their salaries?

There 10 volunteers at Luther Knoll Inc.


Here are 15 key members and their salaries:


Joyce Marinaccio (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Wilkins (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Newman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerrilea Jay Eldredge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Krebs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Beaderstadt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schoville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Rock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Schledewitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Schledewitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Whiteman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Sehmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rolly Sehmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Helble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wylie Pillers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Luther Knoll Inc?

Luther Knoll Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Luther Knoll Inc

Luther Knoll Inc, a nonprofit organization, is dedicated to providing affordable housing for low-income senior citizens. Its mission is to offer elderly or disabled individuals specialized housing facilities and services designed to cater to their physical, social, and psychological needs. The aim is to promote their health, security, happiness, and usefulness in longer living. By offering 46 units of affordable quality housing, Luther Knoll Inc contributes to the well-being of its senior residents, ensuring they live in a safe, supportive environment that caters to their unique needs.

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Impact




October, 2024

Luther Knoll Inc significantly impacts the community by providing 46 units of affordable, quality housing specifically designed for low-income senior citizens. By addressing the unique physical, social, and psychological needs of the elderly and disabled, the organization enhances the quality of life for its residents. Their mission promotes health, security, happiness, and overall well-being, enabling seniors to live independently and with dignity. This commitment not only alleviates housing insecurity among vulnerable populations in Bettendorf, IA but also fosters a supportive community where seniors can thrive and remain engaged, ultimately contributing to a more vibrant and inclusive society.




This information is meant to be a general summary of Luther Knoll 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.

Revenue
$274,252 (2022)
Expenses
$335,556 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $274,220
  • Gross Receipts: $274,252

Assets and Liabilities:

  • Total Assets: $1,803,737
  • Total Liabilities: $64,237
  • Net Assets: $1,739,500

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Programs

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

RENTAL REVENUE

Revenue

$270,198

LAUNDRY & VENDING

Revenue

$4,022

Organization Details

Founding Year

1996

Principal Officer

Nancy Beaderstadt

Main Address

3118 DEVILS GLEN ROAD, BETTENDORF, IA, 52722

NTEE Category

Code: L80 - Housing

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