St John Lutheran Home Foundation
- Assets
- $3.2m
- Revenue
- $269.1k
- Investments
- $330.1k
- Employees
- 0
- Location
- Springfield, MN
- Founding
- 12/1985
- Data as of
- 09/2020
- EIN
- 36-3372067
Organization Overview
St John Lutheran Home Foundation is located in Springfield, MN. The organization was established in 1985. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St John Lutheran Home 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 09/2020, St John Lutheran Home Foundation generated $269.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $157.2k during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS TO HELP SUPPORT THE CHARITABLE MISSION OF RELATED ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST. JOHN LUTHERAN FOUNDATION RAISES FUNDS TO SUPPORT THE MISSION OF ST. JOHN LUTHERAN HOME AND RELATED ENTITIES. THE FOUNDATION WAS ABLE TO PURCHASE ITEMS TO BENEFIT BOTH THE RESIDENTS AND STAFF THROUGHOUT THE CAMPUS. THESE ITEMS ARE BOTH LARGE AND SMALL FROM WHEELCHAIRS, AND RESIDENT LIFTS, TO ELECTRIC BEDS AND RENOVATIONS WITHIN THE FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gilbert Anderson President | OfficerTrustee | 0.5 | $0 |
Jeff Krueger Secretary | OfficerTrustee | 0.5 | $0 |
Dotty Delambert Vice President | OfficerTrustee | 0.5 | $0 |
Linda Weber President - Part Year | OfficerTrustee | 0.5 | $0 |
Jo Schwartz Treasurer | OfficerTrustee | 0.5 | $0 |
Thomas Goeritz CEO - St. John Lutheran Ho | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,874 |
| Investment income | $41,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,326 |
| Net Gain/Loss on Asset Sales | $48,100 |
| Net Income from Fundraising Events | -$1,128 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,000 |
| 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 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 | $22,392 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109 |
| Advertising and promotion | $27,644 |
| Office expenses | $772 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $157,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,046 |
| Savings and temporary cash investments | $195,397 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $946,845 |
| Investments—other securities | $330,122 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,177,677 |
| Accounts payable and accrued expenses | $21,433 |
| Grants payable | $0 |
| Deferred revenue | $436,993 |
| 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 | $0 |
| Total liabilities | $458,426 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,719,251 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that St John Lutheran Home Foundation has recieved totaling $40,052.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $33,705 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $6,241 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Endowment Analysis
| Beg. Balance | $448,945 |
| Earnings | -$164,694 |
| Ending Balance | $284,251 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
The Hormel Foundation Austin, MN | $1,540,722,314 | $34,366,937 |
South Dakota Community Foundation Pierre, SD | $805,282,495 | $215,504,617 |
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Community Foundation Of Johnson Coralville, IA | $45,550,796 | $9,673,780 |
The American Center For Philanthropy Inc Northfield, MN | $38,336,369 | $9,301,432 |
Lyon County Riverboat Foundation Inc Rock Rapids, IA | $2,226,608 | $3,365,358 |
Morgan Memorial Foundation Inc Morgan, MN | $3,017,509 | $3,804,451 |