St Luke Foundation
- Assets
- $6.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- North Canton, OH
- Founding
- 01/1984
- Data as of
- 12/2022
- EIN
- 34-1407996
Organization Overview
St Luke Foundation is located in North Canton, OH. The organization was established in 1984. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Luke Foundation 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 12/2022, St Luke Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $417.8k during the year ending 12/2022. While expenses have increased by 18.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ST. LUKE FOUNDATION PROVIDES FAITH-BASED SERVICES TO ENRICH THE LIVES OF OLDER ADULTS AND TO MAKE DISTRIBUTIONS TO EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) THAT PROVIDE SUPPORT FOR LONG-TERM CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. LUKE FOUNDATION PROVIDES FAITH-BASED SERVICES TO ENRICH THE LIVES OF OLDER ADULTS AND TO MAKE DISTRIBUTIONS TO EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) THAT PROVIDE SUPPORT FOR LONG-TERM CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles A Mandator Trustee | Trustee | 1 | $0 |
Mr Ronald L Kyle Trustee | Trustee | 1 | $0 |
Mrs Karen Jeske Trustee | Trustee | 1 | $0 |
John Spieler CEO | Officer | 5 | $0 |
Joyce Mohler CFO | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $609,667 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $609,667 |
| Total Program Service Revenue | $0 |
| Investment income | $125,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $524,979 |
| Net Income from Fundraising Events | $522 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,260,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,668 |
| Grants and other assistance to domestic individuals. | $14,783 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $35,896 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,289 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $159,609 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,560 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,063 |
| All other expenses | $112,981 |
| Total functional expenses | $417,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,008 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $334,998 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,000 |
| Net Land, buildings, and equipment | $1,458,420 |
| Investments—publicly traded securities | $2,701,141 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,088,393 |
| Total assets | $6,646,960 |
| Accounts payable and accrued expenses | $57,379 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,962 |
| Total liabilities | $138,341 |
| Net assets without donor restrictions | $6,508,619 |
| 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 | $6,646,960 |
Grants Awarded
Over the last fiscal year, St Luke Foundation has awarded $83,668 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST LUKE LUTHERAN COMMUNITY - MINERVA PURPOSE: GENERAL OPERATIONS | $17,125 |
ST LUKE LUTHERAN COMMUNITY - PORTAGE LAKES PURPOSE: GENERAL OPERATIONS | $66,543 |