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Kingspath Senior Ministries

Spero Senior Living

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

EIN: 814810291 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Kingspath Senior Ministries?

Kingspath Senior Ministries is a nonprofit organization situated in Milwaukee, Wisconsin. Their primary mission is to cater to the physical and spiritual needs of seniors, enabling them to live fulfilling and independent lives. They achieve this goal by developing and operating programs, services, and activities tailored to seniors. Additionally, they focus on creating housing specifically designed to address the unique requirements of seniors relating to healthcare, housing, and financial security. Kingspath Senior Ministries also offers distinctively Lutheran programs to meet the spiritual needs of seniors. Moreover, they provide resources, training, support, housing, and other services to help congregations of the Lutheran Church-Missouri Synod (LCMS) and the Wisconsin Evangelical Lutheran Synod (WELS) develop and strengthen Lutheran programs to support senior members and engage unchurched seniors.


Official website here: www.speroseniorliving.org/

Is Kingspath Senior Ministries legitimate?

Kingspath Senior Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingspath Senior Ministries 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: $1,086,130

For more financial information, click here


Official website here: www.speroseniorliving.org/

What is the mission statement of Kingspath Senior Ministries?

Kingspath Senior Ministries is committed to providing resources, training, support, housing, and various services to congregations within the Lutheran Church-Missouri Synod (LCMS) and the Wisconsin Evangelical Lutheran Synod (WELS). The primary goal is to help these congregations develop or revitalize distinctively Lutheran programs that nurture and support senior members and reach out to unchurched seniors. The organization operates programs, services, and activities designed to cater to the physical and spiritual needs of seniors, enabling them to live fulfilling, independent lives. Additionally, Kingspath Senior Ministries develops housing specifically tailored to meet the unique needs of seniors for housing, healthcare, and financial security. Moreover, it offers distinctively Lutheran programs to address their spiritual needs.


Official website here: www.speroseniorliving.org/

Who is the CEO of Kingspath Senior Ministries?

Michael Klatt is the Principal Officer of Kingspath Senior Ministries.


Official website here: www.speroseniorliving.org/

What is the revenue of Kingspath Senior Ministries?

Kingspath Senior Ministries's revenue in 2022 was $3,152,445.


Official website here: www.speroseniorliving.org/

Who are the executives of Kingspath Senior Ministries and what are their salaries?

Here are 6 key members and their salaries:

    Rev Fredric Hinz (Chair And President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Larry Myers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Sarah Lemke (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Matt Burow (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael Klatt (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Philip C Babler (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.speroseniorliving.org/

    Where can I find the form 990 for Kingspath Senior Ministries?

    The Kingspath Senior Ministries’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.speroseniorliving.org/

    Learn more at the official website: www.speroseniorliving.org/

    Mission Statement of Kingspath Senior Ministries

    Kingspath Senior Ministries is dedicated to providing resources, training, support, housing, and various other services to congregations of the Lutheran Church-Missouri Synod (LCMS) and the Wisconsin Evangelical Lutheran Synod (WELS). The organization's mission is to assist and equip these congregations in developing and reinventing distinctively Lutheran programs aimed at nurturing and supporting senior members and reaching out to unchurched seniors. By offering programs, services, and activities tailored to the physical and spiritual needs of seniors, Kingspath Senior Ministries enables them to live fulfilling, enriched, and independent lives. Additionally, the organization develops housing specifically designed to cater to seniors' unique needs for housing, healthcare, and financial security, ensuring they can maintain their spiritual well-being through Lutheran programs.

    Impact

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




    Saturday, July 20, 2024

    Kingspath Senior Ministries has a significant impact by providing resources, training, support, and housing services to equip and assist congregations of the Lutheran Church-Missouri Synod (LCMS) and the Wisconsin Evangelical Lutheran Synod (WELS). Their programs are designed to nurture and support senior members, as well as reach out to unchurched seniors in the community. By offering housing specifically tailored to the unique needs of seniors for housing, healthcare, and financial security, they enable seniors to live full, rich, and independent lives. Additionally, Kingspath Senior Ministries operates distinctively Lutheran programs to meet the spiritual needs of seniors, contributing to their overall well-being and 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: $7,923
  • Program Service Revenue: $2,650,782
  • Gross Receipts: $3,152,445

    • Assets and Liabilities:
  • Total Assets: $36,713,336
  • Total Liabilities: $36,767,799
  • Net Assets: -$54,463
  • Programs

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

    RENT REVENUE

    Revenue

    $2,641,891

    MISCELLANEOUS RENTAL R

    Revenue

    $8,891

    Organization Details

    Founding Year

    2016

    Principal Officer

    Michael Klatt

    Main Address

    504 W JUNEAU AVE 1000, MILWAUKEE, WI, 53203

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Kingspath Senior Ministries 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.