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Mount Olivet Lutheran Church Foundation

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

EIN: 411373106 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Mount Olivet Lutheran Church Foundation?

Mount Olivet Lutheran Church Foundation is a nonprofit organization, situated at 5025 Knox Ave S, Minneapolis, MN 55419. Its primary goal is to support and aid in the realization of charitable, educational, and religious objectives of Evangelical Mount Olivet Lutheran Church, a fellow Minnesota nonprofit entity, as well as other related organizations. The foundation has approved a significant financial contribution of $403,541 in cash transfers to assist the church in achieving its exempt program objectives. The organization operates with the purpose of contributing to the betterment of its affiliated institutions.


Official website here: www.mtolivet.org

What do the Facebook reviews say about Mount Olivet Lutheran Church Foundation?

96% of 227 reviewers on Facebook recommend Mount Olivet Lutheran Church Foundation. Here is a summary of their reviews:

Many families appreciate the welcoming environment and find it to be a great place for children. The music programming is particularly highlighted, receiving praise for its quality and engagement.

Overall, the community feels that the foundation fosters a supportive atmosphere, making it an appealing choice for families looking to participate in church activities and music events.


This AI summary has been generated from reviews found on Facebook.

Is Mount Olivet Lutheran Church Foundation legitimate?

Mount Olivet Lutheran Church Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Olivet Lutheran Church 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: $170
Other Salaries and Wages: $103,689

For more financial information, click here


Official website here: www.mtolivet.org

What is the mission statement of Mount Olivet Lutheran Church Foundation?

The Mount Olivet Lutheran Church Foundation is established to aid and support the charitable, educational, and religious objectives of Evangelical Mount Olivet Lutheran Church and related organizations. Its mission is to operate exclusively for the benefit of these entities, assisting in their charitable endeavors. The foundation's activities are intended to complement the work of the Evangelical Mount Olivet Lutheran Church, providing financial assistance to further their exempt programs.


Official website here: www.mtolivet.org

What is the revenue of Mount Olivet Lutheran Church Foundation?

Mount Olivet Lutheran Church Foundation's revenue in 2023 was $3,947,574.


Official website here: www.mtolivet.org

Who are the executives of Mount Olivet Lutheran Church Foundation and what are their salaries?

Here are 52 key members and their salaries:


Jc Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maddie Bates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Buerkle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Bratrud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Cabillot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Cavanagh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Cieslik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Englsma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fritz Ferris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Gunderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Gurney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizabeth Halva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Hammersten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Hershberger Thun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Hokanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Jarcho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kaliebe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Kalland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Kroog (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kuehn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Lindahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Ludwig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Maclean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Mccain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Moody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Mulkern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Nash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Page (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Podradsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Psihos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Radosovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Ruud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Sayre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Slinde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Teigen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Turnquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
H William Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Waltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becca Wold Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darcy Winter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Youngdahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Allen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kapanke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lose (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Wert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mtolivet.org

Where can I find the form 990 for Mount Olivet Lutheran Church Foundation?

Mount Olivet Lutheran Church Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mtolivet.org

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

Mission Statement of Mount Olivet Lutheran Church Foundation

Mount Olivet Lutheran Church Foundation is a corporation established to support and aid in the fulfillment of the charitable, educational, and religious objectives of Evangelical Mount Olivet Lutheran Church, a Minnesota-based nonprofit organization, as well as other affiliated entities with shared management. The primary objective of this foundation is to contribute to and bolster the benevolent, instructive, and spiritual pursuits of its primary beneficiary, Evangelical Mount Olivet Lutheran Church. The board of the foundation approved a significant financial contribution of $403,541 to the church to help achieve its exempt program goals.

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Impact



October, 2024

Mount Olivet Lutheran Church Foundation plays a vital role in supporting the charitable, educational, and religious activities of the Evangelical Mount Olivet Lutheran Church and affiliated organizations. By providing significant financial assistance, such as the approved $403,541 in cash transfers, the foundation helps sustain various programs that benefit the community and promote the church's mission. This financial support enables the church to carry out its exempt program accomplishments, enhancing its capacity to serve and engage with its congregation and the wider community effectively. The foundation’s impact is evident in its commitment to fostering religious and educational initiatives that enrich lives and strengthen community bonds in Minneapolis, MN.



This information is meant to be a general summary of Mount Olivet Lutheran Church 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.

Revenue
$3,947,574 (2023)
Expenses
$943,078 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $283,056
  • Gross Receipts: $3,963,671

Assets and Liabilities:

  • Total Assets: $21,474,925
  • Total Liabilities: $11,147,037
  • Net Assets: $10,327,888

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Organization Details

Founding Year

1980

Principal Officer

Deanne Nelson

Website

www.mtolivet.org

NTEE Category

Code: X21I - Religion related

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