Our Saviors Lutheran Church Foundation is located in Duluth, MN. The organization was established in 1974. 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. Our Saviors Lutheran Church Foundation 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 12/2022, Our Saviors Lutheran Church Foundation generated $44.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $4.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES SUPPORT FOR PROJECTS FOR OUR SAVIORS LUTHERAN CHURCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glenn Modean President | 1 | $0 | |
Olav Lee Vice Preside | 1 | $0 | |
Pamela Merrier Secretary | 1 | $0 | |
Sherman Carlson Director | 1 | $0 | |
Dean Herold Director | 1 | $0 | |
David Mattson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $85 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $6,823 |
Gain or Loss | $37,490 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $44,398 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,622 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $117 |
Total expenses | $4,739 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $332,644 |
Other assets | $0 |
Total assets | $332,644 |
Total liabilities | $0 |
Net assets or fund balances | $332,644 |