Lutheran Housing Services 6 Incorporated
- Assets
- $1.2m
- Revenue
- $489.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Toledo, OH
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 34-1364623
Organization Overview
Lutheran Housing Services 6 Incorporated, operating under the name Luther Hills, is located in Toledo, OH. The organization was established in 1982. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luther Hills is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Luther Hills generated $489.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $804.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
QUALIFIED LOW-INCOME HOUSING PROJECT FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALIFIED LOW-INCOME HOUSING PROJECT FOR THE ELDERLY CONSISTING OF 71 UNITS PER OUR MISSION STATEMENT: INSPIRED BY THE CHRISTIAN FAITH, WE EMBRACE INDIVIDUALS AND FAMILIES WITH COMPASSIONATE CARE AND SERVICES THROUGHOUT LIFE'S JOURNEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Wakeman Vice-Chair | OfficerTrustee | 0.25 | $0 |
Lynn Warren Secretary | OfficerTrustee | 0.25 | $0 |
Lee Wunschel Chair | OfficerTrustee | 0.25 | $0 |
Lorinda Schalk Treasurer/cf | Officer | 1 | $0 |
William R Marshall President/ce | Officer | 1 | $0 |
Michael Bogdan Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,781 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,781 |
| Total Program Service Revenue | $480,019 |
| Investment income | $1,266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$725 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,456 |
| Pension plan accruals and contributions | $1,830 |
| Other employee benefits | $7,342 |
| Payroll taxes | $3,721 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $883 |
| Fees for services: Accounting | $7,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,061 |
| Advertising and promotion | $220 |
| Office expenses | $12,531 |
| Information technology | $7,091 |
| Royalties | $0 |
| Occupancy | $204,911 |
| Travel | $232 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10 |
| Interest | $161,849 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,557 |
| Insurance | $10,597 |
| All other expenses | $1,097 |
| Total functional expenses | $804,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,553 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,288 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $253 |
| Prepaid expenses and deferred charges | $9,658 |
| Net Land, buildings, and equipment | $733,198 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $476,972 |
| Total assets | $1,230,922 |
| Accounts payable and accrued expenses | $976,399 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,546,784 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,700,202 |
| Total liabilities | $4,223,385 |
| Net assets without donor restrictions | -$2,992,463 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,230,922 |
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|---|---|---|
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Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Alliance For Housing Oakland County Continuum Of Care Pontiac, MI | $25,935,962 | $39,151,253 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
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Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
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Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |