Lutheran Housing Services 18 Incorporated

Organization Overview

Lutheran Housing Services 18 Incorporated, operating under the name Luther Ridge, is located in Toledo, OH. The organization was established in 2002. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luther Ridge 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 12/2021, Luther Ridge generated $320.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $424.2k during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING FOR THE LOW INCOME ELDERLY & HANDICAPPED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

40 UNITS OF RENTAL HOUSING FOR LOW INCOME ELDERLY UNDER HUD SECTION 202 & SECTION 8 PER OUR MISSION STATEMENT AS FOLLOWS: INSPIRED BY THE CHRISTIAN FAITH, WE EMBRACE INDIVIDUALS AND FAMILIES WITH COMPASSIONATE CARE AND SERVICES THROUGHOUT LIFE'S JOURNEY.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Wakeman
Vice-Chair
$0
Lynn Warren
Secretary
$0
Lee Wunschel
Chair
$0
Lorinda Schalk
Treasurer/cf
$0
William R Marshall
President/ce
$0
Michael Bogdan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,517
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,517
Total Program Service Revenue$318,611
Investment income $23
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,013
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $320,457

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lutheran Housing Services 18 Incorporated has recieved totaling $11,550.

Awarding OrganizationAmount
$11,550
View Grant Recipient Profile

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