Lutheran Housing Corporation
- Assets
- $92.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 04/1987
- Data as of
- 12/2016
- EIN
- 46-0443225
Organization Overview
Lutheran Housing Corporation is located in Sioux Falls, SD. The organization was established in 1987. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lutheran Housing Corporation 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 12/2016, Lutheran Housing Corporation generated $22.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $49.1k during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3
PROVIDED HOUSING FOR 6 FAMILIES DURING THE YEAR. ALL FAMILIES WERE AT OR BELOW 60% OF MEDIAN FAMILY INCOME FOR THE AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Oldenkamp Chair | 0 | $0 | |
Nathan Beyer Secretary/treasurer | 1 | $0 | |
Rebecca Knudsen Board Person | 0 | $0 | |
Shiela Weber Board Person | 0 | $0 | |
Bill Peterson Board Person | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,463 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,463 |
| 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 | $1,607 |
| Occupancy, rent, utilities, and maintenance | $44,843 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,608 |
| Total expenses | $49,058 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,401 |
| Other assets | $0 |
| Total assets | $92,279 |
| Total liabilities | $162,934 |
| Net assets or fund balances | -$70,655 |