Overview
What is Lutheran Financial Managers Association?
The Lutheran Financial Managers Association (LFMA) is a nonprofit organization that specializes in offering educational conferences for Chief Financial Officers (CFOs) of social ministry organizations that are associated with Lutheran Services in America. Their primary goal is to provide a platform for professional development and knowledge sharing within this specific community. Despite their commitment to hosting annual conferences, the 2022 event was unfortunately cancelled due to a hurricane in Florida, which disrupted the scheduled event. Despite this setback, LFMA continues to uphold its mission of supporting financial managers within the Lutheran social ministry sector.
Official website here: www.lfma.info
Is Lutheran Financial Managers Association legitimate?
Lutheran Financial Managers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lutheran Financial Managers Association submitted a form 990EZ, 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.
Official website here: www.lfma.info
What is the mission statement of Lutheran Financial Managers Association?
The Lutheran Financial Managers Association (LFMA) serves a particular purpose, focusing on offering educational conferences for the Chief Financial Officers (CFOs) of social ministry organizations that are part of Lutheran Services in America. The association's main goal is to organize such events, making them accessible to various social ministry organizations. In the past, LFMA had organized a conference that was open to all eligible organizations. However, unfortunately, a hurricane in Florida disrupted their plans for a conference in 2022, leading to its cancellation. Although their primary focus is on organizing educational conferences, it is essential to note that the association's mission is not explicitly stated in the given information.
Official website here: www.lfma.info
Who is the CEO of Lutheran Financial Managers Association?
Unavailable
Official website here: www.lfma.info
What is the revenue of Lutheran Financial Managers Association?
Lutheran Financial Managers Association's revenue in 2022 was $45,873.
Official website here: www.lfma.info
Who are the executives of Lutheran Financial Managers Association and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.lfma.info
Where can I find the form 990EZ for Lutheran Financial Managers Association?
Lutheran Financial Managers Association's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.lfma.info
Learn more at the official website: www.lfma.info
Mission Statement of Lutheran Financial Managers Association
The Lutheran Financial Managers Association (LFMA) is committed to serving as an educational resource for the Chief Financial Officers (CFOs) of social ministry organizations that are affiliated with Lutheran Services in America. The association's primary mission is to organize and conduct conferences that provide valuable educational opportunities for these financial managers. LFMA has shown its dedication to this goal by hosting conferences that are open to any social ministry organization. However, unfortunately, there was no conference held in 2022 due to a hurricane that affected Florida, the location of the scheduled event. Despite this setback, LFMA continues to focus on its mission of supporting these financial managers, providing them with the knowledge and resources they need to effectively manage the financial aspects of their social ministry organizations.
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Impact
October, 2024
The Lutheran Financial Managers Association (LFMA) has made a significant impact by providing vital educational resources and networking opportunities for CFOs of social ministry organizations linked to Lutheran Services in America. Through its conferences, LFMA equips financial leaders with the knowledge and skills necessary to navigate the unique challenges faced by these organizations. This support fosters better financial management, ultimately enhancing the sustainability and efficiency of social ministries.
The association's commitment to educating financial managers contributes to overall community improvement, as empowered leaders can make informed decisions that benefit the organizations they serve. While the disruption caused by the hurricane in Florida in 2022 presented challenges, LFMA's ongoing dedication to professional development underscores its importance in promoting the financial health of Lutheran-affiliated organizations. By focusing on the educational needs of financial leaders, LFMA plays a crucial role in strengthening community services and improving the quality of life for those they serve.
This information is meant to be a general summary of Lutheran Financial Managers Association. 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: $23
- Program Service Revenue: $25,250
- Gross Receipts: $45,873
Assets and Liabilities:
- Total Assets: $28,449
- Total Liabilities: $0
- Net Assets: $28,449
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Organization Details
Phone
(605) 351-2441Main Address
3400 S PENNANT PLACE, SIOUX FALLS, SD, 57110
Website
www.lfma.infoNTEE Category
Code: S41 - Community improvement
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