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Luther Heights Inc

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

EIN: 421389223 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Luther Heights Inc?

Luther Heights Inc is a nonprofit organization situated in Bettendorf, Iowa, with an address at 3118 Devil's Glen Road. Their primary mission is to offer affordable, quality housing for the elderly, catering to the needs of low-income senior citizens. Their objective is to provide elderly or disabled individuals with housing facilities and services specifically designed to meet their physical, social, and psychological needs. By doing so, they aim to promote their health, security, happiness, and usefulness in longer living. Luther Heights Inc operates with a focus on ensuring the well-being and comfort of the elderly population, providing them with a secure and suitable living environment.

Is Luther Heights Inc legitimate?

Luther Heights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luther Heights 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: $83,952

For more financial information, click here

What is the mission statement of Luther Heights Inc?

Luther Heights Inc's mission is centered around providing affordable housing for low-income senior citizens. The organization strives to offer elderly or disabled individuals housing facilities and services specifically designed to cater to their physical, social, and psychological needs. This is done with the aim of promoting their health, security, happiness, and usefulness in longer living. Luther Heights Inc currently offers 47 units of quality housing for the elderly, ensuring they can live comfortably and with the necessary support.

Who is the CEO of Luther Heights Inc?

Nancy Beaderstadt is the President of Luther Heights Inc.

What is the revenue of Luther Heights Inc?

Luther Heights Inc's revenue in 2022 was $271,074.

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

There 10 volunteers at Luther Heights 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
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
Tom Schoville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Luther Heights Inc?

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

Mission Statement of Luther Heights Inc

Luther Heights Inc is dedicated to providing a living space that caters to the unique needs of low-income senior citizens. Their mission is to offer elderly or disabled individuals housing facilities and services that are specifically designed to address their physical, social, and psychological requirements. This organization strives to enhance the health, security, happiness, and overall usefulness of its residents during their later years. By doing so, Luther Heights Inc aims to promote the well-being and contentment of its senior citizens, enabling them to live fulfilling lives in a supportive environment. The organization provides 47 units of affordable, quality housing to achieve this mission.

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Impact




October, 2024

Luther Heights Inc significantly enhances the quality of life for low-income senior citizens in Bettendorf, IA, by providing 47 affordable housing units designed to cater to their specific needs. By focusing on creating comfortable and supportive living environments, the organization addresses the physical, social, and psychological well-being of elderly and disabled residents. The facilities and services offered promote health, security, happiness, and a sense of usefulness, enabling seniors to live longer, more fulfilling lives. Through its commitment to affordable quality housing, Luther Heights Inc plays a crucial role in fostering a supportive community for some of the most vulnerable members of society.




This information is meant to be a general summary of Luther Heights 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
$271,074 (2022)
Expenses
$375,647 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Program Service Revenue: $271,040
  • Gross Receipts: $271,074

Assets and Liabilities:

  • Total Assets: $1,189,758
  • Total Liabilities: $103,653
  • Net Assets: $1,086,105

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Programs

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

RENTAL REVENUE

Revenue

$266,535

LAUNDRY & VENDING

Revenue

$4,505

Organization Details

Founding Year

1992

Principal Officer

Nancy Beaderstadt

Main Address

3118 DEVILS GLEN ROAD, BETTENDORF, IA, 52722

NTEE Category

Code: P20 - Human services

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