Prairieview Lutheran Foundation
- Assets
- $6.8m
- Revenue
- $676.0k
- Investments
- $2.8m
- Employees
- 0
- Location
- Danforth, IL
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 36-3615530
Organization Overview
Prairieview Lutheran Foundation is located in Danforth, IL. The organization was established in 1987. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Prairieview Lutheran 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 12/2021, Prairieview Lutheran Foundation generated $676.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $258.8k 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
PROVIDE SUPPORT FOR LONG-TERM CARE FACILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT FOR LONG TERM CARE FACILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne Brown Vice Preside | OfficerTrustee | $0 | |
Jerry Henrichs President | OfficerTrustee | $0 | |
Carol Schuldt Secretary | OfficerTrustee | $0 | |
Doug Benner Director | Trustee | $0 | |
Norma Applegate Director | Trustee | $0 | |
Pastor Don Gillespie Director | Trustee | $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 | $228,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,125 |
| Total Program Service Revenue | $0 |
| Investment income | $260,554 |
| 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 | $675,980 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,234 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $103,325 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,538 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,482 |
| 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 | $7,114 |
| Insurance | $29,146 |
| All other expenses | $0 |
| Total functional expenses | $258,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $564,120 |
| Savings and temporary cash investments | $183,316 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $516 |
| 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 |
| Net Land, buildings, and equipment | $3,220,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,794,027 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,322 |
| Total assets | $6,819,470 |
| Accounts payable and accrued expenses | $24,551 |
| 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 | $21,350 |
| Total liabilities | $45,901 |
| Net assets without donor restrictions | $5,083,012 |
| Net assets with donor restrictions | $1,690,557 |
| 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 | $6,819,470 |
Endowment Analysis
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