The Immanuel Lutheran Church Foundation Of Seymour Indiana Inc
- Assets
- $6.2m
- Revenue
- $534.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Seymour, IN
- Founding
- 03/1978
- Data as of
- 09/2022
- EIN
- 35-1387224
Organization Overview
The Immanuel Lutheran Church Foundation Of Seymour Indiana Inc is located in Seymour, IN. The organization was established in 1978. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Immanuel Lutheran Church Foundation Of Seymour Indiana Inc 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 09/2022, Immanuel Lutheran Church Foundation Of Seymour Indiana Inc generated $534.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $261.0k during the year ending 09/2022. 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
THE IMMANUEL LUTHERAN CHURCH FOUNDATION OF SEYMOUR INDIANA WAS FORMED TO RECEIVE DONATIONS TO BE USED FOR THE FUTURE GROWTH AND EXPANSION OF IMMANUEL LUTHERAN CHURCH OF SEYMOUR, INDIANA, INCLUDING SCHOLARSHIPS FOR PASTOR AND TEACHER EDUCATION; FOR THE GROWTH AND EXPANSION OF IMMANUEL LUTHERAN SCHOOL OF SEYMOUR, INDIANA; AND FOR THE NEEDS OF OTHER SPECIFIC RELIGIOUS AND CHARITABLE PROJECTS OF THE IMMANUEL LUTHERAN CHURCH CONGREGATION AND THE CHRISTIAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISBURSEMENTS FOR THE BENEFIT OF IMMANUEL LUTHERAN CHURCH FOR EVANGELISM, HUMAN CARE, MISSIONS AND OTHER SERVICES PROVIDED BY IMMANUEL LUTHERAN CHURCH
DISBURSEMENTS TO CONCORDIA SEMINARY (ST. LOUIS, MO AND FT. WAYNE, IN) TO ASSIST WITH PASTORAL EDUCATION.
DISBURSEMENTS FOR SCHOLARSHIPS PROVIDED FOR PASTOR AND TEACHER EDUCATION. DURING THE YEAR, 7 INDIVIDUALS RECEIVED SCHOLARSHIP ASSISTANCE TO FURTHER THEIR CHRISTIAN EDUCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Kiel Vice President | OfficerTrustee | 1 | $0 |
Mark Nolting Secretary | OfficerTrustee | 1 | $0 |
Fred Moritz President | OfficerTrustee | 1 | $0 |
Brian Thompson Assistant Secretary | OfficerTrustee | 1 | $0 |
John Fox Treasurer | OfficerTrustee | 1 | $0 |
Karen Grindlay Assistant Treasurer | OfficerTrustee | 1 | $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 | $206,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,782 |
| Total Program Service Revenue | $0 |
| Investment income | $327,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $534,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $198,875 |
| Grants and other assistance to domestic individuals. | $39,329 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $21,293 |
| Total functional expenses | $260,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $216,288 |
| 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 | $471,298 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,469,010 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,156,596 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,103,522 |
| Total liabilities | $1,103,522 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $5,053,074 |
| 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 | $6,156,596 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Immanuel Lutheran Church Foundation Of Seymour Indiana Inc has recieved totaling $30,537.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Jackson County Inc Seymour, IN PURPOSE: GRANT | $30,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $37 |
Endowment Analysis
| Beg. Balance | $3,956,894 |
| Earnings | $289,828 |
| Admin Expense | $18,670 |
| Net Contributions | $215,337 |
| Grants | $159,832 |
| Ending Balance | $4,283,557 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Church Of The Brethren Benefit Trust Inc Elgin, IL | $509,755,287 | $50,694,165 |
Kanakuk Ministries Branson, MO | $43,790,256 | $23,660,219 |
Relevant Radio Inc Lincolnshire, IL | $100,083,301 | $30,552,688 |
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
Josiah Venture Nfp Wheaton, IL | $16,890,117 | $13,544,001 |
Alpha Usa Naperville, IL | $4,051,813 | $10,198,645 |
Wesley Village Inc Macomb, IL | $11,643,378 | $8,896,317 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
Leadership Resources International Palos Heights, IL | $4,418,909 | $4,858,234 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |