Overview
What is Lutheran Development Group Inc?
Lutheran Development Group Inc is a nonprofit organization based in Saint Louis, Missouri, specifically located at 3100 Chippewa St. Their primary mission is to revitalize communities near local churches through various initiatives. These include real estate development, community projects, ministry investments, and church engagement. By implementing these strategies, they aim to rebuild and enhance the surrounding areas, contributing positively to the community. The organization is staffed by 23 dedicated individuals.
Official website here: www.ldgstl.org
Is Lutheran Development Group Inc legitimate?
Lutheran Development Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Development Group 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: $538,413
For more financial information, click here
Official website here: www.ldgstl.org
What is the mission statement of Lutheran Development Group Inc?
The Lutheran Development Group Inc's mission is centered around revitalizing communities, particularly those close to churches. They achieve this through various means such as real estate development, community initiatives, ministry investments, and church engagement. The organization's goal is to rebuild and enhance these communities in a holistic manner, improving the living conditions and well-being of its residents.
Official website here: www.ldgstl.org
Who is the CEO of Lutheran Development Group Inc?
Christopher Shearman is the Member of Lutheran Development Group Inc.
Official website here: www.ldgstl.org
What is the revenue of Lutheran Development Group Inc?
Lutheran Development Group Inc's revenue in 2021 was $1,387,643.
Official website here: www.ldgstl.org
Who are the executives of Lutheran Development Group Inc and what are their salaries?
The average compensation at Lutheran Development Group Inc during 2021 was $23,409. There are 23 employees and 7 volunteers at Lutheran Development Group Inc.
Here are 7 key members and their salaries:
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Official website here: www.ldgstl.org
Where can I find the form 990 for Lutheran Development Group Inc?
Lutheran Development Group Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.ldgstl.org
Learn more at the official website: www.ldgstl.org
Mission Statement of Lutheran Development Group Inc
Lutheran Development Group, in its mission, works towards rebuilding communities in proximity to city churches. They achieve this through various means, including real estate development, community initiatives, ministry investments, and active church engagement. This nonprofit organization aims to revitalize these communities, improving the living conditions and fostering a sense of unity and growth within them. By engaging with local churches, Lutheran Development Group can tap into a network of resources and support, ensuring that their community-building efforts are rooted in the values and needs of the area's residents.
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Impact
July, 2024
Lutheran Development Group Inc's impact is seen in the revitalization and rebuilding of communities near the city's churches through real estate development, community initiatives, ministry investment, and church engagement. Their focus on housing and community development plays a crucial role in improving the quality of life for residents in these areas and fostering a sense of belonging and stability. Through their efforts, Lutheran Development Group is contributing to the overall well-being and sustainability of these neighborhoods, creating positive change and opportunities for those who call them home.
This information is meant to be a general summary of Lutheran Development Group 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $19
- Program Service Revenue: $956,814
- Gross Receipts: $1,387,643
Assets and Liabilities:
- Total Assets: $5,319,661
- Total Liabilities: $5,891,049
- Net Assets: -$571,388
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$831,954
PROGRAM FEES
Revenue
$124,860
Organization Details
Founding Year
2015
Phone
(314) 518-6696Principal Officer
Christopher Shearman
Main Address
3100 CHIPPEWA ST, SAINT LOUIS, MO, 63118
Website
www.ldgstl.orgNTEE Category
Code: L21 - Housing
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