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Lutheran Seniorlife Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251705233 ✦ Cranberry township, PA ✦ Designated as a 501(c)(3)

Overview

What is Lutheran Seniorlife Foundation?

Lutheran Seniorlife Foundation is a 501(c)(3) charitable organization, established in September 1992, located in Cranberry Township, Pennsylvania. Their primary mission is to support and oversee contributions for Lutheran Seniorlife, St. John Specialty Care Center, Passavant Retirement Community, and other affiliated organizations, all of which serve the elderly. The foundation manages contributed funds, invests them wisely, and distributes the earnings to further the beneficiary organizations' missions. In the fiscal year ending June 30, 2022, the foundation received $243,774 in gifts and bequests, with $95,911 coming from unrestricted contributions. As of the same date, the foundation's investments included cash equivalents, securities, and a real estate investment. The purpose of Lutheran Seniorlife Foundation is to facilitate charitable giving from various donors, including individuals, churches, employees, foundations, and corporations, aiming to support benevolent care, senior communities, and programs and services for the elderly.


Official website here: www.lutheranseniorlife.org

Is Lutheran Seniorlife Foundation legitimate?

Lutheran Seniorlife Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Seniorlife Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,381

For more financial information, click here


Official website here: www.lutheranseniorlife.org

What is the mission statement of Lutheran Seniorlife Foundation?

The Lutheran Seniorlife Foundation serves as a platform for charitable giving, primarily from individuals, churches, employees, foundations, and corporations, who are committed to supporting the benevolent care, senior communities, and programs and services for the elderly. The foundation's mission is to facilitate these donations, oversee and manage the contributed funds, and invest them wisely to further the mission of affiliated organizations, aiming to enhance the lives of the elderly, regardless of their physical condition or financial circumstances. In the fiscal year ending June 30, 2022, the foundation received gifts and bequests totaling $243,774, with $95,911 in unallocated contributions. As of the same date, the foundation's investments consisted of cash equivalents, securities, and a real estate investment.


Official website here: www.lutheranseniorlife.org

Who is the CEO of Lutheran Seniorlife Foundation?

David J Renoglietto is the Principal Officer of Lutheran Seniorlife Foundation. The CEO's salary of Lutheran Seniorlife Foundation is $0 and their total compensation is $391,282.


Official website here: www.lutheranseniorlife.org

What is the revenue of Lutheran Seniorlife Foundation?

Lutheran Seniorlife Foundation's revenue in 2022 was $770,826.


Official website here: www.lutheranseniorlife.org

Who are the executives of Lutheran Seniorlife Foundation and what are their salaries?

Here are 10 key members and their salaries (Lutheran Seniorlife Foundation's CEO's salary is $0 and their total compensation is $391,282):

    David J Fenoglietto (Director/Ceo)
  • Compensation: $0
  • Related: $352,722
  • Other: $38,560

    • Jeffrey L Carraway (Treasurer)
  • Compensation: $0
  • Related: $215,671
  • Other: $35,631

    • Kurt Herbst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Michael Sourwine (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth E Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Whiteman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Keuchler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sparlin (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dan Smail (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lutheranseniorlife.org

    Where can I find the form 990 for Lutheran Seniorlife Foundation?

    The Lutheran Seniorlife Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lutheranseniorlife.org

    Learn more at the official website: www.lutheranseniorlife.org

    Mission Statement of Lutheran Seniorlife Foundation

    The Lutheran Seniorlife Foundation, established in September 1992, serves as a charitable organization dedicated to supporting the benevolent care, senior communities, and programs and services for the elderly. This 501(c)(3) entity facilitates charitable giving from various sources, including individuals, churches, employees, foundations, and corporations, who share a common goal of supporting the Lutheran Seniorlife, St. John Specialty Care Center, Passavant Retirement Community, and other affiliated organizations described by Section 501(c)(3) of the Internal Revenue Code.

    The primary function of the Lutheran Seniorlife Foundation is to solicit and receive contributions, both unrestricted and restricted, for various purposes. It also provides oversight and stewardship of these donated funds, managing their pooling and disbursement for investment purposes. Moreover, the foundation disburses funds to further the mission of its affiliated organizations, aiming to enhance the lives of elders, regardless of their physical condition or financial circumstances.

    In simple terms, the Lutheran Seniorlife Foundation acts as a bridge between donors and organizations that serve the elderly. By raising funds and managing investments, the foundation enables these organizations to provide essential care, living arrangements, and services to the elderly population, ultimately promoting a more abundant life for them. With a strong emphasis on charity and support, the Lutheran Seniorlife Foundation plays a crucial role in enriching the lives of the elderly in its community.

    Impact

    This information is meant to be a general summary of Lutheran Seniorlife Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lutheran Seniorlife Foundation's impact is significant in facilitating charitable giving from donors dedicated to supporting benevolent care, senior communities, and programs and services for elders. By soliciting and receiving contributions from various sources and providing oversight and stewardship of funds, the foundation plays a crucial role in furthering the mission of affiliated organizations to serve seniors. Through its fundraising and asset management activities, Lutheran Seniorlife Foundation ensures that seniors, regardless of their physical condition or financial circumstances, have the opportunity to experience a more abundant life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $130,813
  • Program Service Revenue: $424,147
  • Gross Receipts: $798,734

    • Assets and Liabilities:
  • Total Assets: $6,579,450
  • Total Liabilities: $1,885,760
  • Net Assets: $4,693,690
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUPPORT FROM LUTHERAN

    Revenue

    $424,147

    Organization Details

    Founding Year

    1992

    Principal Officer

    David J Renoglietto

    Main Address

    1323 FREEDOM ROAD, CRANBERRY TOWNSHIP, PA, 16066

    NTEE Category

    Code: T70 - Philanthropy

    If you are a representative of Lutheran Seniorlife Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.