Foundation Of Redeemer Lutheran Church
- Assets
- $284.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fridley, MN
- Founding
- 10/1989
- Data as of
- 12/2022
- EIN
- 41-1637588
Organization Overview
Foundation Of Redeemer Lutheran Church is located in Fridley, MN. The organization was established in 1989. 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. Foundation Of Redeemer Lutheran Church 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, Foundation Of Redeemer Lutheran Church generated $14.5k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $27.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS FOR 6 STUDENTS (5 NEW) WHILE WORKING TO INCREASING THE NUMBER OF STUDENTS TO 12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Benson President | 2 | $0 | |
Rod Lindell Paulson Vice President | 1 | $0 | |
David Chizek Secretary | 1.5 | $0 | |
Bruce Lundberg Treasurer | 4 | $0 | |
Sheldon Berquist Director | 1 | $0 | |
John Eggert Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,347 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,200 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $27,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,557 |
| Other assets | $0 |
| Total assets | $284,557 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,557 |