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Lutheran Life Communities Foundation

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

EIN: 363861882 ✦ Arlington heights, IL ✦ Designated as a 501(c)(3)

Overview

What is Lutheran Life Communities Foundation?

Lutheran Life Communities Foundation is a nonprofit organization situated in Arlington Heights, Illinois. Their primary objective is to support the residents and operations of all Lutheran Life Communities, ensuring a vibrant and grace-filled living environment for each community member. This includes providing residential and healthcare services to seniors, offering benevolent care to those who have depleted their financial resources. The foundation's mission is to empower vibrant, grace-filled living across all generations, contributing to the well-being of seniors in their communities. The organization employs a team of 7 individuals in its mission.


Official website here: www.lutheranlifecommunities.org

Is Lutheran Life Communities Foundation legitimate?

Lutheran Life Communities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Life Communities 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: $357,357

For more financial information, click here


Official website here: www.lutheranlifecommunities.org

What is the mission statement of Lutheran Life Communities Foundation?

The Lutheran Life Communities Foundation's mission is centered around empowering vibrant, grace-filled living for individuals across all generations. They provide residential and healthcare services to seniors, extending benevolent care to those who have depleted their financial resources. In essence, the foundation supports its community members to live fulfilling lives, ensuring necessary care is accessible to all, regardless of financial status. The foundation's role includes underpinning the operations of each Lutheran Life Community.


Official website here: www.lutheranlifecommunities.org

Who is the CEO of Lutheran Life Communities Foundation?

Sloan Bentley is the President And Ceo of Lutheran Life Communities Foundation. The CEO's salary of Lutheran Life Communities Foundation is $0 and their total compensation is $573,319.


Official website here: www.lutheranlifecommunities.org

What is the revenue of Lutheran Life Communities Foundation?

Lutheran Life Communities Foundation's revenue in 2022 was $1,697,882.


Official website here: www.lutheranlifecommunities.org

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

The average compensation at Lutheran Life Communities Foundation during 2022 was $51,051. There are 7 employees and 5 volunteers at Lutheran Life Communities Foundation.

Here are 6 key members and their salaries (Lutheran Life Communities Foundation's CEO's salary is $0 and their total compensation is $573,319):

    Sloan Bentley (President And Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $558,837
  • Other: $14,482

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

    • Nick Terrell (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula Parks (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Fedyk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Vandeberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lutheranlifecommunities.org

    Where can I find the form 990 for Lutheran Life Communities Foundation?

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


    Official website here: www.lutheranlifecommunities.org

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

    Mission Statement of Lutheran Life Communities Foundation

    Lutheran Life Communities Foundation is dedicated to empowering vibrant, grace-filled living across all generations. This is achieved by providing residential and healthcare services to seniors. The foundation goes beyond the typical care services, offering benevolent care to those who have exhausted their financial resources. In essence, Lutheran Life Communities Foundation aims to support its residents and ensure they live with dignity and grace, regardless of their financial situation. The foundation's mission is to enrich the lives of its community members, providing them with a vibrant and grace-filled living experience.

    Impact

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




    Thursday, August 15, 2024

    Lutheran Life Communities Foundation's impact is centered around empowering vibrant grace-filled living across all generations. By providing residential and health care services to seniors, including benevolent care for those who have exhausted their financial funds, the foundation supports the residents and operations of each Lutheran Life Community. Through these efforts, Lutheran Life Communities Foundation ensures that each member of the community can experience vibrant and grace-filled living, enhancing their overall quality of 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: $215,759
  • Program Service Revenue: $0
  • Gross Receipts: $1,795,082

    • Assets and Liabilities:
  • Total Assets: $11,939,085
  • Total Liabilities: $6,250,622
  • Net Assets: $5,688,463
  • Organization Details

    Founding Year

    1993

    Principal Officer

    Sloan Bentley

    Main Address

    3150 SALT CREEK LANE, ARLINGTON HEIGHTS, IL, 60005

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Lutheran Life Communities 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.