Lutheran Home And Hospital Foundation Inc
- Assets
- $732.3k
- Revenue
- $85.1k
- Investments
- $697.6k
- Employees
- 0
- Location
- Hampstead, MD
- Founding
- 07/1977
- Data as of
- 06/2023
- EIN
- 52-1081449
Organization Overview
Lutheran Home And Hospital Foundation Inc is located in Hampstead, MD. The organization was established in 1977. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran Home And Hospital Foundation Inc 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 06/2023, Lutheran Home And Hospital Foundation Inc generated $85.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $190.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lutheran Home And Hospital Foundation Inc has awarded 157 individual grants totaling $1,311,180. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Michael Dubsky Director/executive Director | 40 | $54,375 | |
Robert Garske Treasurer | 0 | $0 | |
Rev Matthew Borrasso Director | 0 | $0 | |
Glenn Hendrickson Director | 0 | $0 | |
Linda Citroni Director | 0 | $0 | |
Eugene Wright Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,455 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,675 |
| Capital Gain Net Income | $73,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,375 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $23,672 |
| Interest | $0 |
| Taxes | $11,501 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,992 |
| Total operating and administrative expenses | $112,699 |
| Contributions, gifts, grants paid | $77,500 |
| Total expenses and disbursements | $190,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,263 |
| Savings and temporary cash investments | $7,380 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $162,866 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $732,268 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lutheran Home And Hospital Foundation Inc has awarded $77,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MESSIAH LUTHERAN CHURCH PURPOSE: CONTRIBUTION FOR OFFICE SUPPORT | $4,500 |
DELWARE-MARYLAND SYNOD OF THE ELCA HUNGER TASK FORCE PURPOSE: CONTRIBUTION FOR HUNGER MATCHING GIFTS | $5,000 |
JOY REIGNS LUTHERAN CHURCH PURPOSE: CONTRIBUTION FOR TRANSITIONAL RECOVERY HOUSING | $12,000 |
MAR LU RIDGE CAMP AND RETREAT CENTER PURPOSE: CONTRIBUTION FOR MEDICAL EQUIPMENT | $5,450 |
ST MARK'S LUTHERAN CHURCH PURPOSE: CONTRIBUTION FOR BASEMENT REMEDIATION PROJECT | $9,800 |
AMAZING GRACE LUTHERAN CHURCH PURPOSE: CONTRIBUTION FOR OUTDOOR PAVILION PROJECT | $6,500 |