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Lutheran Services In Iowa Charitable Foundation Inc

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

EIN: 421254906 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Lutheran Services In Iowa Charitable Foundation Inc?

Lutheran Services in Iowa Charitable Foundation Inc. is a philanthropic organization based in Des Moines, Iowa, with a mission to support Lutheran Services in Iowa (LSI) in providing social assistance services. The foundation receives donations, such as bequests and life insurance, which are invested to provide perpetual financial support to LSI. LSI, in turn, offers a wide range of services to various individuals in need, including children, families, refugees, and those with disabilities. Their offerings include residential treatment, family services, early childhood programs, adoption and foster care services, refugee community services, and services for people with disabilities. The organization serves individuals regardless of age, gender, nationality, religion, ethnicity, or sexual orientation. Associated with Lutheran Services in America and three Iowa synods of the Evangelical Lutheran Church in America (ELCA), Lutheran Services in Iowa Charitable Foundation Inc. aims to respond to the love of Jesus Christ through compassionate service.

Is Lutheran Services In Iowa Charitable Foundation Inc legitimate?

Lutheran Services In Iowa Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Services In Iowa Charitable 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: $100,000
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lutheran Services In Iowa Charitable Foundation Inc?

Lutheran Services In Iowa Charitable Foundation Inc's mission, as stated, is to uphold and further the mission of Lutheran Services In Iowa by managing donations and investments. These funds, generated from bequests, life insurance, and other restricted donations, are invested by the foundation's board of directors. The earnings from these investments are then utilized to provide perpetual financial support to Lutheran Services In Iowa, enabling them to continue their social ministry services. In line with this, the mission statement of Lutheran Services In Iowa Charitable Foundation Inc, according to their own declaration, is to embody the love of Jesus Christ through compassionate service.

Who is the CEO of Lutheran Services In Iowa Charitable Foundation Inc?

Dan Dean is the Principal Officer of Lutheran Services In Iowa Charitable Foundation Inc. The CEO's salary of Lutheran Services In Iowa Charitable Foundation Inc is $0 and their total compensation is $277,878.

What is the revenue of Lutheran Services In Iowa Charitable Foundation Inc?

Lutheran Services In Iowa Charitable Foundation Inc's revenue in 2022 was $328,526.

Who are the executives of Lutheran Services In Iowa Charitable Foundation Inc and what are their salaries?

There 15 volunteers at Lutheran Services In Iowa Charitable Foundation Inc.


Here are 17 key members and their salaries (Lutheran Services In Iowa Charitable Foundation Inc's CEO's salary is $0 and their total compensation is $277,878):


Ricklefs Steve (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Folden Dennis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holmquist Mark (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Akerberg Clinton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Halaas Bishop Lorna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byl Mike (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christensen Tony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fergus Katie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hamilton Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hultgren David (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mongan Jodi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patterson Klinton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ekhardt Rev Bill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tatroe Barbara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zellmer Darla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Twardos John (President/Ceo)
  • Compensation: $0
  • Related: $261,682
  • Other: $16,196
Knief Roni (Cfo)
  • Compensation: $0
  • Related: $107,321
  • Other: $5,616
Where can I find the form 990 for Lutheran Services In Iowa Charitable Foundation Inc?

Lutheran Services In Iowa Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lutheran Services In Iowa Charitable Foundation Inc

Lutheran Services In Iowa Charitable Foundation Inc, abbreviated as LSI FND, is committed to carrying out the mission of Lutheran Services In Iowa, Inc. by accepting donations and investing them wisely. The foundation's board of directors manages these investments, and the earnings generated are utilized to provide perpetual financial support to LSI in their pursuit of social ministry services. The mission statement of Lutheran Services In Iowa, as reflected by LSI FND, is rooted in the love of Jesus Christ. By responding with compassionate service, LSI aims to embody the teachings of Christ, thereby making a positive impact in the lives of those they serve.

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Impact




October, 2024

Lutheran Services in Iowa Charitable Foundation Inc plays a vital role in enhancing the well-being of thousands of Iowans each year. By providing financial support to Lutheran Services in Iowa (LSI), it enables a wide array of social ministry services that are crucial for children, families, and individuals in need of assistance.

The foundation’s impact is felt across various programs, including residential treatment, family services, early childhood education, adoption and foster care, refugee community support, and services for people with disabilities. This comprehensive coverage ensures that individuals from all walks of life—regardless of age, gender, nationality, religion, ethnicity, or sexual orientation—receive the help they need.

By accepting gifts and donations, the foundation invests these resources, using the earnings to sustain and strengthen LSI's mission of compassionate service. Each year, the foundation fosters a positive change in communities, reflecting a commitment to respond to the needs of others with empathy and support. Through its efforts, it continually improves the quality of life for those it serves, making a lasting difference in Iowa.




This information is meant to be a general summary of Lutheran Services In Iowa Charitable 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.

Revenue
$328,526 (2022)
Expenses
$775,894 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $309,438
  • Gross Receipts: $541,719

Assets and Liabilities:

  • Total Assets: $9,153,111
  • Total Liabilities: $9,153,111
  • Net Assets: $0

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Organization Details

Founding Year

1984

Principal Officer

Dan Dean

Main Address

3125 COTTAGE GROVE AVE, DES MOINES, IA, 50311

NTEE Category

Code: P30Z - Human services

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