American Lutheran Church
- Assets
- $6.9m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 86
- Location
- Elk Horn, IA
- Founding
- 11/1961
- Data as of
- 12/2022
- EIN
- 42-0680368
Organization Overview
American Lutheran Church is located in Elk Horn, IA. The organization was established in 1961. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, American Lutheran Church employed 86 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American 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, American Lutheran Church generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $5.8m during the year ending 12/2022. While expenses have increased by 1.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE LONG TERM CARE AND HOUSING FOR ELDERLY AND INCAPACITATED PATIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LONG TERM HOUSING AND CARE TO NURSING HOME RESIDENTS
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 |
|---|---|---|---|
Craig Clemons President | OfficerTrustee | 1 | $0 |
Paul Gude Treasurer | OfficerTrustee | 1 | $0 |
Alan Blakestad Secretary | OfficerTrustee | 1 | $0 |
Pastor Ron Rassmussen Director | Trustee | 1 | $0 |
Charlie Parkhurst Director | Trustee | 1 | $0 |
Wayne Hansen Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Stone Therapy Therapy | 12/30/18 | $496,940 |
Onestaff Medical Staffing | 12/30/18 | $123,601 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,818 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,272 |
| Total Program Service Revenue | $6,103,772 |
| Investment income | $3,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,497 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,330,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $2,684,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $422,019 |
| Payroll taxes | $201,309 |
| Fees for services: Management | $387,039 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $489,887 |
| Advertising and promotion | $5,465 |
| Office expenses | $3,237 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $187,255 |
| Travel | $39,241 |
| 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 | $413,889 |
| Insurance | $63,165 |
| All other expenses | $269,987 |
| Total functional expenses | $5,796,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,126,690 |
| Savings and temporary cash investments | $283,806 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $447,803 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,618 |
| Prepaid expenses and deferred charges | $55,185 |
| Net Land, buildings, and equipment | $2,792,104 |
| Investments—publicly traded securities | $36,647 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116,073 |
| Total assets | $6,869,926 |
| Accounts payable and accrued expenses | $502,063 |
| Grants payable | $0 |
| Deferred revenue | $35,365 |
| 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 | $10,066 |
| Total liabilities | $547,494 |
| Net assets without donor restrictions | $6,046,422 |
| Net assets with donor restrictions | $276,010 |
| 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 | $6,869,926 |