Christiania Lutheran Church Foundation
- Assets
- $504.0k
- Revenue
- $94.3k
- Investments
- $166.0k
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- 12/2002
- Data as of
- 12/2021
- EIN
- 41-2009595
Organization Overview
Christiania Lutheran Church Foundation is located in Lakeville, MN. The organization was established in 2002. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Christiania Lutheran Church 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, Christiania Lutheran Church Foundation generated $94.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $8.6k 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
THE PURPOSE OF THE FOUNDATION IS TO ENCOURAGE, RECEIVE, AND MANAGE GIFTS FROM MEMBERS AND FRIENDS OF CHRISTIANIA LUTHERAN CHURCH FOR THE PURPOSE OF FURTHERING CHRIST'S WORK AND TEACHING WITHIN THE CONGREGATION, THE LUTHERAN CHURCH, AND ITS WORLD MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CEMETERY FUND IS COMPRISED OF MONIES INVESTED IN PERPETUITY WITH ONLY EARNINGS USED ANNUALLY TO PROVIDE CARE, UPKEEP, AND IMPROVEMENT TO THE CHURCH CEMETERIES.
THE ENDOWMENT FUND IS COMPRISED OF MONIES INVESTED IN PERPETUITY WITH ONLY EARNINGS USED ANNUALLY, AS THE FOUNDATION BOARD DETERMINES, FOR PROGRAM ENHANCEMENT, EDUCATION AND LEADERSHIP DEVELOPMENT, CAPITAL IMPROVEMENTS AND OUTREACH.
THE SPECIAL PURPOSE FUND IS COMPRISED OF MONIES, WITH BOTH PRINCIPAL AND INTEREST AVAILABLE FOR SPECIAL PURPOSES AS DETERMINED BY THE FOUNDATION BOARD, OR AS THE DONOR DIRECTS.
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 |
|---|---|---|---|
Pastor John Rhodes Director | Trustee | 0.5 | $46,318 |
Warren Peterson Secretary | OfficerTrustee | 1 | $0 |
Julie Fish Treasurer | OfficerTrustee | 2 | $0 |
Larry Thompson President | OfficerTrustee | 0.5 | $0 |
Barb Bachman Director | Trustee | 0.5 | $0 |
Bill Kanfield Director | Trustee | 0.5 | $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 | $28,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,015 |
| Total Program Service Revenue | $0 |
| Investment income | $15,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,673 |
| Net Income from Fundraising Events | $666 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $94,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,800 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,556 |
| Fees for services: Other | $0 |
| 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 | $4 |
| Total functional expenses | $8,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,255 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $279,722 |
| Investments—other securities | $166,046 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $504,023 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $504,023 |
| Total liabilities and net assets/fund balances | $504,023 |
Endowment Analysis
| Beg. Balance | $418,316 |
| Earnings | $65,646 |
| Admin Expense | -$3,820 |
| Net Contributions | $28,681 |
| Grants | -$4,800 |
| Ending Balance | $504,023 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Foundation For The Archdiocese Of Dubuque Cedar Rapids, IA | $127,453,113 | $10,700,862 |
St Joseph Real Estate Services Corporation Green Bay, WI | $9,099,106 | $3,700,773 |
Know The Truth Ministries Inc Chanhassen, MN | $269,842 | $2,371,086 |
City On A Hill Inc Milwaukee, WI | $1,825,972 | $1,822,673 |
Olive Tree Ministries Maple Grove, MN | $7,814,889 | $4,185,907 |
Herzl Camp Foundation St Louis Park, MN | $6,175,107 | $1,858,323 |
Temple Israel Foundation Minneapolis, MN | $14,124,521 | $641,745 |
Minnesota Catholic Conference Saint Paul, MN | $392,885 | $767,491 |
St Pauls United Methodist Church Of Cedar Rapids Foundation Cedar Rapids, IA | $7,255,081 | $1,159,292 |
Brahmananda Saraswati Jyotish Foundation Fairfield, IA | $78,051 | $657,695 |
Ong First Friends Church Trust 1695800 Milwaukee, WI | $5,413,078 | $1,006,602 |
Dorothy Day Capital Corporation S Paul, MN | $38,103,044 | $13,121,009 |