Lutheran Ministry Foundation
- Assets
- $2.5m
- Revenue
- $76.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Seward, NE
- Founding
- 00/0000
- Data as of
- 01/2022
- EIN
- 47-0640291
Organization Overview
Lutheran Ministry Foundation is located in Seward, NE. The organization was established in 0000. 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. Lutheran Ministry 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 01/2022, Lutheran Ministry Foundation generated $76.4k in total revenue. All expenses for the organization totaled $13.3k during the year ending 01/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION AND PURPOSE OF LUTHERAN MINISTRY FOUNDATION IS TO ASSIST LUTHERANS IN SPREADING THE GOSPEL OF JESUS CHRIST, OUR LORD AND SAVIOR, BY SHARING THOSE BLESSINGS WHICH GOD HAS SO GRACIOUSLY BESTOWED UPON US. LMF FULFILLS ITS MISSION AND PURPOSE THROUGH CHARITABLE GRANTS TO TAX-EXEMPT ORGANIZATIONS WHOSE PURPOSE AND ACTIVITIES ARE CONSISTENT WITH THE LUTHERAN FAITH (MINISTRIES).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PROGRAM SERVICE OF LUTHERAN MINISTRY FOUNDATION IS THE SOLICITATION AND RECEIPT OF CONTRIBUTIONS, GIFTS, GRANTS, DEVICES OR BEQUESTS OF PROPERTY FROM CONTRIBUTIONS AND THE MAINTENANCE, USE AND APPLICATION OF ANY OR ALL SUCH PROPERTY AND THE INCOME THEREFROM EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATION PURPOSES EITHER DIRECTLY OR INDIRECTLY TO AFFILIATES OF THE LUTHERAN CHURCH - MISSOURI SYNOD AND/OR OTHER IRC SECTION 501(C)(3) TAX-EXEMPT ORGANIZATIONS. IN FURTHERANCE OF THIS PROGRAM, LUTHERAN MINISTRY FOUNDATION IS EMPOWERED TO AND DOES MANAGE, INVEST, AND SAFEGUARD FUNDS FOR THE BENEFIT OF ITS AFFILIATES OF THE LUTHERAN CHURCH - MISSOURI SYNOD AND/OR OTHER IRC SECTION 501(C)(3) TAX-EXEMPT ORGANIZATIONS. ON A PERIODIC BASIS, THE BOARD OF DIRECTORS OF LUTHERAN MINISTRY FOUNDATION WILL REVIEW REQUESTS FOR GRANTS FROM THESE ORGANIZATIONS. IN ACCORDANCE WITH ESTABLISHED GUIDELINES, THE BOARD WILL AWARD GRANTS IN FURTHERANCE OF ITS EXEMPT FUNCTION. IN NO CASE WILL THE PRINCIPAL OR INCOME OF LUTHERAN MINISTRY FOUNDATION INURE TO THE BENEFIT OF A DIRECTOR, OFFICER, OR INDIVIDUAL, NOR WILL SUCH FUNDS BE EXPENDED IN AN ATTEMPT TO INFLUENCE LEGISLATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Bloechle President | OfficerTrustee | 0.75 | $0 |
Linda K Reiser Vice Preside | OfficerTrustee | 0.2 | $0 |
Paul S Pettit Treasurer | OfficerTrustee | 0.5 | $0 |
Virginia Von Seggern Secretary | OfficerTrustee | 0.2 | $0 |
Delmer L Toebben Director | Trustee | 0.2 | $0 |
Glenn Van Velson Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $4,338 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $71,978 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,437 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,602 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,260,827 |
| Investments—publicly traded securities | $108,241 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,978 |
| Total assets | $2,457,648 |
| Accounts payable and accrued expenses | $288,584 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $288,584 |
| Net assets without donor restrictions | $2,060,823 |
| Net assets with donor restrictions | $108,241 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,457,648 |
Endowment Analysis
| Beg. Balance | $108,241 |
| Earnings | $1,610 |
| Grants | $1,500 |
| Ending Balance | $108,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Good Shepherd Lutheran Community Blair, NE | $4,394,791 | $5,136,170 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
Persuade The World Ministries Colorado Springs, CO | $2,527,761 | $6,071,254 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Biblical Education By Extension Inc Colorado Springs, CO | $2,298,554 | $3,974,117 |
Stephen Ministries Saint Louis, MO | $26,023,958 | $5,602,999 |
Crossfire Ministries Inc Colorado Springs, CO | $6,360,133 | $4,375,955 |
Nebraska Lutheran Outdoor Ministries Inc Ashland, NE | $11,165,008 | $3,788,912 |
What Matters Ministries And Missions Colorado Springs, CO | $564,276 | $3,431,281 |
Bibles For The World Colorado Springs, CO | $4,367,837 | $4,148,269 |