Luther House Of Study

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

EIN: 881810650 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

Overview

What is Luther House Of Study?

Luther House of Study is a nonprofit organization situated in Sioux Falls, South Dakota, with the address 2100 S Summit Ave. Their primary mission is to foster and strengthen Lutheran leadership and ministries, grounded in Lutheran theology. They achieve this by educating future ministry students and lay leaders through classes, conference events, and weekly podcasts. Currently, they are training 89 students to become pastors, while supporting 140 existing ministry professionals. Additionally, the organization engages with over 150 lay leader participants and boasts an average weekly podcast listener base of 700-1000 individuals. With a committed workforce of just four employees, Luther House of Study plays a significant role in nurturing and empowering Lutheran leaders.


Official website here: www.lutherhouseofstudy.org

Is Luther House Of Study legitimate?

Luther House Of Study is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luther House Of Study 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: $134,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,667

For more financial information, click here


Official website here: www.lutherhouseofstudy.org

What is the mission statement of Luther House Of Study?

The Luther House of Study's mission is focused on reinforcing Lutheran leadership and ministries. Rooted in Lutheran theology, their goal is to fortify the leadership and ministries for the dissemination of the Gospel. They achieve this by educating future ministry students and lay leaders through various means, including classes, conference events, and weekly podcasts. The organization also supports existing ministry professionals, currently assisting over 140 pastors and training 89 students to become future pastors. Additionally, they engage with over 150 lay leader participants and attract an average of 700-1000 weekly podcast listeners.


Official website here: www.lutherhouseofstudy.org

Who is the CEO of Luther House Of Study?

Sarah Stenson is the Chair & Treasurer of Luther House Of Study. The CEO's salary of Luther House Of Study is $67,083 and their total compensation is $67,083.


Official website here: www.lutherhouseofstudy.org

What is the revenue of Luther House Of Study?

Luther House Of Study's revenue in 2022 was $825,925.


Official website here: www.lutherhouseofstudy.org

Who are the executives of Luther House Of Study and what are their salaries?

The average compensation at Luther House Of Study during 2022 was $65,208. There are 4 employees and 2 volunteers at Luther House Of Study.

Here are 4 key members and their salaries (Luther House Of Study's CEO's salary is $67,083 and their total compensation is $67,083):

    Christopher Croghan (Secretary/Chief Academic Officer) [Trustee/Director]
  • Compensation: $67,083
  • Related: $0
  • Other: $0

    • Sarah Stenson (Chief Executive Officer)
  • Compensation: $67,083
  • Related: $0
  • Other: $0

    • Ryan Gage (Chair & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.lutherhouseofstudy.org

    Where can I find the form 990 for Luther House Of Study?

    The Luther House Of Study’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lutherhouseofstudy.org

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

    Mission Statement of Luther House Of Study

    Luther House of Study, an organization grounded in Lutheran theology, is dedicated to strengthening leadership and ministries within the Lutheran community. Its mission is to proclaim the gospel effectively by nurturing future ministry students and lay leaders, as well as supporting current ministry professionals. This is achieved through various educational initiatives, including classes, conference events, and weekly podcasts. Luther House of Study has supported over 140 pastors, is currently training 89 students to become pastors, and engages over 150 lay leaders in its programs. Moreover, the organization attracts an average of 700-1000 weekly podcast listeners, demonstrating its wide reach and influence in the Lutheran community.

    Impact

    This information is meant to be a general summary of Luther House Of Study. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Luther House of Study's impact can be clearly seen in the strengthened Lutheran leadership and ministries it supports. Through educating future ministry students and lay leaders, as well as providing ongoing support for current ministry professionals, this organization is making a significant difference in the field. With over 140 pastors supported, 89 current students being trained to be pastors, and 150+ lay leader participants, Luther House of Study is actively shaping the future of Lutheran leadership.

    Additionally, their weekly podcasts reach an average of 700-1000 listeners, further expanding their influence and providing valuable insights to a wider audience. Grounded in Lutheran theology, Luther House of Study's mission to strengthen Lutheran leadership and ministries for the proclamation of the Gospel is clearly making a positive impact in Sioux Falls, SD, and beyond.





    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: $2,610
  • Program Service Revenue: $213
  • Gross Receipts: $839,928

    • Assets and Liabilities:
  • Total Assets: $381,427
  • Total Liabilities: $3,871
  • Net Assets: $377,556
  • Programs

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

    SERVICE TO CONGREGATIO

    Revenue

    $213

    Organization Details

    Founding Year

    2022

    Principal Officer

    Sarah Stenson

    Main Address

    2100 S SUMMIT AVE, SIOUX FALLS, SD, 571052729

    NTEE Category

    Code: B60 - Education

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