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Luther Memorial Home Founders Fund

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

EIN: 411472019 ✦ Madelia, MN ✦ Designated as a 501(c)(3)

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Overview

What is Luther Memorial Home Founders Fund?

The Luther Memorial Home Founders Fund is a nonprofit organization situated in Madelia, Minnesota, with an address at 221 SW Sixth Street, 56062. Their primary role is to manage and administer the endowments of Luther Memorial Home, a nonprofit exempt under Section 501(C)(3) of the Internal Revenue Code. The fund accepts donations, gifts, and memorials intended for Luther Memorial Home, contributing to its ongoing operations and growth.

Is Luther Memorial Home Founders Fund legitimate?

Luther Memorial Home Founders Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luther Memorial Home Founders Fund 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 Luther Memorial Home Founders Fund?

The Luther Memorial Home Founders Fund is dedicated to managing and administering the endowments of Luther Memorial Home. This non-profit organization, exempt under Section 501(C)(3) of the Internal Revenue Code, receives donations, gifts, and memorials for Luther Memorial Home. The primary role of the Luther Memorial Home Founders Fund is to ensure the proper allocation and utilization of these funds for the benefit of Luther Memorial Home. While the specific use of these funds is not provided in the information, it can be inferred that they are intended to support the operations and services of Luther Memorial Home.

Who is the CEO of Luther Memorial Home Founders Fund?

Tom Goeritz is the Chairman of Luther Memorial Home Founders Fund.

What is the revenue of Luther Memorial Home Founders Fund?

Luther Memorial Home Founders Fund's revenue in 2022 was $57,824.

Who are the executives of Luther Memorial Home Founders Fund and what are their salaries?

There 15 volunteers at Luther Memorial Home Founders Fund.


Here are 6 key members and their salaries:


Robert Wright (Chairman)
  • Compensation: $0
  • Related: $635
  • Other: $0
Colleen Jacobs (Vice-Chair)
  • Compensation: $0
  • Related: $815
  • Other: $0
Barb Pfeil (Treasurer)
  • Compensation: $0
  • Related: $555
  • Other: $0
Calving Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bottin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Goeritz (Administrator)
  • Compensation: $0
  • Related: $48,408
  • Other: $0
Where can I find the form 990 for Luther Memorial Home Founders Fund?

Luther Memorial Home Founders Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Luther Memorial Home Founders Fund

The Luther Memorial Home Founders Fund is a charitable organization with a mission to manage and administer the endowments of Luther Memorial Home. Located under Section 501(C)(3) of the Internal Revenue Code, this nonprofit receives donations, gifts, and memorials intended for Luther Memorial Home, a tax-exempt entity. By overseeing these endowments, the Luther Memorial Home Founders Fund plays a crucial role in preserving and utilizing these funds for the betterment of Luther Memorial Home.

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Impact




August, 2024

The Luther Memorial Home Founders Fund plays a crucial role in managing and administering the endowments of Luther Memorial Home. By receiving donations, gifts, and memorials for this exempt organization, the fund contributes significantly to supporting the mission of Luther Memorial Home in providing health-related services to the community. Through its efforts, the fund helps ensure the sustainability and growth of the organization, ultimately impacting the well-being of those who benefit from the services provided by Luther Memorial Home.




This information is meant to be a general summary of Luther Memorial Home Founders Fund. 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
$57,824 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $206
  • Gross Receipts: $57,824

Assets and Liabilities:

  • Total Assets: $1,551,844
  • Total Liabilities: $0
  • Net Assets: $1,551,844

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Organization Details

Founding Year

1983

Principal Officer

Tom Goeritz

Main Address

221 SW SIXTH STREET, MADELIA, MN, 56062

NTEE Category

Code: E110 - Health

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