Martin Luther Foundation Of Dover
- Assets
- $3.6m
- Revenue
- $344.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- Dover, DE
- Founding
- 01/1993
- Data as of
- 06/2022
- EIN
- 51-0343096
Organization Overview
Martin Luther Foundation Of Dover is located in Dover, DE. The organization was established in 1993. 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. Martin Luther Foundation Of Dover 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 06/2022, Martin Luther Foundation Of Dover generated $344.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $41.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (40.7%) per year over the past 7 years. 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
TO SUPPORT APARTMENTS FOR THE ELDERLY IN DOVER, DE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AND MAINTAIN LAUNDRY EQUIPMENT FOR USE BY THE ELDERLY TENANTS, AND PROVIDE OTHER SUPPORT SERVICES RELATED TO PROVIDING HOUSING FOR ELDERLY LOW INCOME TENANTS
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 |
|---|---|---|---|
Hazel M Partridge Secretary | OfficerTrustee | 2 | $0 |
Ron Morella Treasurer | OfficerTrustee | 2 | $0 |
Rick Murphy President | OfficerTrustee | 2 | $0 |
Richard Foskett Vice President | OfficerTrustee | 2 | $0 |
Kimberly Mendoza Executive Director | Officer | 40 | $0 |
Barbara Impollonia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $300,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,000 |
| Total Program Service Revenue | $54,802 |
| Investment income | $404 |
| 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 | -$11,237 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,554 |
| 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 | $200 |
| Fees for services: Accounting | $4,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| 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 | $0 |
| Total functional expenses | $41,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,371,721 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,846 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,176 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,097,918 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,029,725 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,576,386 |
| Accounts payable and accrued expenses | $7,980 |
| 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 | $8,720 |
| Total liabilities | $16,700 |
| Net assets without donor restrictions | $3,559,686 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,576,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Martin Luther Foundation Of Dover has recieved totaling $350,000.
| Awarding Organization | Amount |
|---|---|
Lutheran Senior Services Of Dover Inc Dover, DE PURPOSE: FUTURE DEVELOPMENT OF HOUSING FOR ELDERLY LOW INCOME TENANTS | $350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
General Council On Finance & Admins Of The United Methodist Church Allison Park, PA | $2,741,715 | $3,669,779 |
Black Rock Retreat Quarryville, PA | $10,750,251 | $3,252,262 |
Nj Onnuri Community Church Corp Fort Lee, NJ | $10,774,386 | $3,680,049 |
Ohr Hatorah Bergenfield, NJ | $360,051 | $2,967,951 |
Hope Of The World Inc Lodi, NJ | $12,182,148 | $5,479,130 |
Church Of Bible Understanding Scranton, PA | $14,969,053 | $1,769,760 |
Pittsburgh Kids Foundation Inc Pittsburgh, PA | $856,715 | $2,315,797 |
Asi Missions Inc Columbia, MD | $6,543,819 | $1,801,352 |
Christ Lutheran Church Foundation Inc Baltimore, MD | $8,846,381 | $738,726 |
Baltimore Yearly Meeting Of The Religious Society Of Friends Sandy Spring, MD | $5,573,222 | $2,381,749 |
United Seamens Service Inc Jersey City, NJ | $1,391,947 | $2,109,449 |