Foundation Of Redeemer Lutheran Church
- Assets
- $297.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fridley, MN
- Founding
- 10/1989
- Data as of
- 12/2021
- EIN
- 41-1637588
Organization Overview
Foundation Of Redeemer Lutheran Church is located in Fridley, MN. The organization was established in 1989. 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. Foundation Of Redeemer Lutheran Church 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, Foundation Of Redeemer Lutheran Church generated $14.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $5.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
GRANT FOR ONE STUDENT. WORKING ON PLAN TO REACH OTHERS WHO AREN'T AWARE OF OUR PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Rogers Vice President | 1 | $0 | |
Jim Adams Director | 1 | $0 | |
Sheldon Berquist Director | 1 | $0 | |
Rod Lindell-Paulson Director | 1 | $0 | |
Bruce Lundberg Treasurer | 3 | $0 | |
Joy Benson President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,187 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,582 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29 |
| Total expenses | $5,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $297,205 |
| Other assets | $0 |
| Total assets | $297,205 |
| Total liabilities | $0 |
| Net assets or fund balances | $297,205 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Training Leaders International Minneapolis, MN | $2,737,195 | $5,107,369 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |
Thrivent Financial for Lutherans Foundation Minneapolis, MN | $0 | $8,333,726 |
International Fellowship Of Evangelical Students Usa Inc Madison, WI | $6,456,796 | $6,176,291 |
Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc Waukesha, WI | $3,918,278 | $4,689,109 |
Lutheran Assoc Of Missionaries And Pilots U S Inc Brookfield, WI | $3,097,954 | $2,815,671 |
Presbyterian Student Center Foundation Madison, WI | $14,924,897 | $2,498,602 |
Lutheran Brethren Woodland Lodge Inc Fergus Falls, MN | $3,043,872 | $1,494,856 |
The Family Radio Network Inc Appleton, WI | $3,959,785 | $2,229,878 |