Civic Intelligence

Lutheran Housing Services 7 Inc

990 • Fiscal year 2017 • EIN 34-1364624

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

2021 North Mccord RoadToledo, OH 43615

(419) 861-4906

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.21x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

7.23x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

7th percentile

-43%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$351,507

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 93.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

27th percentile

-2.8%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Revenue Growth

36th percentile

-0.4%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2017

Assets

Down

$2,262,067

Down $130,752 (-5.5%) from 2015

Net Assets

Down

-$466,512

Down $334,259 (-253%) from 2015

Liabilities

Up

$2,728,579

Up $203,507 (+8.1%) from 2015

Revenue

Down

$377,415

Down $2,832 (-0.7%) from 2015

Expenses

Down

$538,468

Down $6,674 (-1.2%) from 2015

Net Income

Up

-$161,053

Up $3,842 (+2.3%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0MAssets 2010: $2,300,616Liabilities 2010: $1,727,736Net Assets 2010: $572,8802010Assets 2011: $2,413,535Liabilities 2011: $1,913,409Net Assets 2011: $500,1262011Assets 2012: $2,594,597Liabilities 2012: $2,236,154Net Assets 2012: $358,4432012Assets 2013: $2,523,835Liabilities 2013: $2,319,193Net Assets 2013: $204,6422013Assets 2014: $2,429,227Liabilities 2014: $2,396,585Net Assets 2014: $32,6422014Assets 2015: $2,392,819Liabilities 2015: $2,525,072Net Assets 2015: -$132,2532015Assets 2017: $2,262,067Liabilities 2017: $2,728,579Net Assets 2017: -$466,5122017Assets 2018: $2,238,851Liabilities 2018: $2,889,027Net Assets 2018: -$650,1762018Assets 2019: $2,175,701Liabilities 2019: $3,020,109Net Assets 2019: -$844,4082019Assets 2020: $2,094,371Liabilities 2020: $3,145,168Net Assets 2020: -$1,050,7972020Assets 2021: $2,027,257Liabilities 2021: $3,321,386Net Assets 2021: -$1,294,1292021Assets 2022: $1,977,219Liabilities 2022: $3,406,446Net Assets 2022: -$1,429,2272022Assets 2023: $1,932,466Liabilities 2023: $3,416,168Net Assets 2023: -$1,483,7022023Assets 2024: $1,861,166Liabilities 2024: $3,415,779Net Assets 2024: -$1,554,6132024

Highlighted filing

2017

Assets$2,262,067
Liabilities$2,728,579
Net Assets-$466,512

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $413,0052010Expenses 2011: $434,1422011Expenses 2012: $512,0072012Revenue 2013: $374,449Expenses 2013: $528,350Net Income 2013: -$153,9012013Revenue 2014: $372,548Expenses 2014: $544,548Net Income 2014: -$172,0002014Revenue 2015: $380,247Expenses 2015: $545,142Net Income 2015: -$164,8952015Revenue 2017: $377,415Expenses 2017: $538,468Net Income 2017: -$161,0532017Revenue 2018: $380,260Expenses 2018: $564,561Net Income 2018: -$184,3012018Revenue 2019: $374,191Expenses 2019: $568,423Net Income 2019: -$194,2322019Revenue 2020: $372,295Expenses 2020: $578,684Net Income 2020: -$206,3892020Revenue 2021: $358,447Expenses 2021: $601,779Net Income 2021: -$243,3322021Revenue 2022: $378,923Expenses 2022: $514,021Net Income 2022: -$135,0982022Revenue 2023: $381,124Expenses 2023: $437,099Net Income 2023: -$55,9752023Revenue 2024: $402,541Expenses 2024: $473,452Net Income 2024: -$70,9112024

Highlighted filing

2017

Revenue$377,415
Expenses$538,468
Net Income-$161,053
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$377,415
Mission and Program Overview

Mission

Nonprofit affordable housing facility consisting of 52 units.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,903,370$1,846,305▼ $57,065
Cash and Non-Interest-Bearing Accounts$13,324$24,022▲ $10,698
Prepaid Expenses and Deferred Charges$3,023$3,154▲ $131
Accounts Receivable$668$457▼ $211
Total Assets$2,318,970$2,262,067▼ $56,903
Other Assets Total$398,585$388,129▼ $10,456
Liabilities
Other Liabilities$1,720,946$1,843,165▲ $122,219
Mortgage Notes Payable Secured by Investment Property$868,078$852,002▼ $16,076
Accounts Payable and Accrued Expenses$35,475$33,412▼ $2,063
Total Liabilities$2,624,499$2,728,579▲ $104,080
Net Assets / Fund Balance
Unrestricted Net Assets$-305,529$-466,512▼ $160,983
Total Net Assets Fund Balance$-305,529$-466,512▼ $160,983
Total Liabilities and Net Assets / Fund Balance$2,318,970$2,262,067▼ $56,903

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,435,880$604,961$2,040,841
Land$353,398-$353,398
Equipment$22,276$70,215$92,491
Other Land Buildings$34,751$38,495$73,246
Other Assets Org$425--
Compensation and Service Providers

Employees

NameTitleOtherTotal
William R MarshallAsst. Sec/tr$351,507$351,507
Amanda SchroederVice Preside$142,865$142,865

Board Members and Trustees

NameTitle
Rev Lori Ann StrangChair
Ed MauntlerVice Chair
Mark FreyDirector
Rita BairDirector
William R MarshallAsst. Sec/treasurer
Burton LuringSecretary
Lorinda SchalkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$376,444
Investment Income
$896
Other Revenue
$75
Change in Net Assets
$-161,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$377,415
Revenue Not Reported on Form 990
$70
Total Revenue per Audited Statements
$377,485
Total Revenue per Form 990
$377,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$538,468
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$131,880$14,653-$146,533
Interest$121,911$13,546-$135,457
Depreciation Depletion$82,487$9,165-$91,652
Fees for Services Other$48,153$10,792-$58,945
Office Expenses-$9,124-$9,124
Insurance-$8,853-$8,853
Fees for Services Accounting-$7,942-$7,942
All Other Expenses$2,838$663-$3,501
Information Technology-$3,450-$3,450
Other Expenses$9,776$2,808-$2,808
Advertising-$644-$644
Fees for Services Legal-$200-$200
Conferences and Meetings-$76-$76
Travel$5$45-$50
Total Functional Expenses$432,761$105,707$0$538,468

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$538,468
Total Expenses per Audited Statements$538,468
Total Expenses per Form 990$538,468
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage Payable - Related Party$1,640,526
Advance From Lhs Foundation, Inc$121,240
A/p - Related Parties$56,844
Security Deposits$24,495
Prepaid Tenant Rent$60
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

This organization is managed by lutheran homes society, inc.

Form 990, Page 6, Part VI, Line 7A

The governing body is elected by the parent board of lutheran homes society, inc.

Form 990, Page 6, Part VI, Line 11B

The treasurer of the board does a thorough review of the 990s. After review by the treasurer, the 990's are posted to an internal website for review by the remaining board members. After a one week review and comment period, they are filed with the irs.

Form 990, Page 6, Part VI, Line 12C

The conflicts policy is monitored through the accounts payable process and the internal audit process.

Form 990, Page 6, Part VI, Line 15A

There are no top management officials at this corporation. The top management official is employed by lutheran homes society, inc.

Form 990, Page 6, Part VI, Line 15B

There are no officers or key employee compensated at this corporation. All employee salaries are determined by the management of lutheran homes society, inc. As described above.

Form 990, Page 6, Part VI, Line 19

All are made available upon request.

Filing and Contact Details

Filer

Filer Name
Lutheran Housing Services 7 Inc
EIN
34-1364624
Address
2021 NORTH MCCORD ROAD, TOLEDO, OH 43615
Doing Business As
Luther Woods

Signing Officer

Name
Lorinda Schalk
Title
Treasurer
Phone
4198614990
Signed
2018-11-08

Organization Details

Principal Officer
William R Marshall
Formed
1992
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
15
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Administrative assurance 0 756 0 quality assurance 0 1,896 0 purchased admin. Services 0 8,140 0 purchased maint. Services 36,384 0 0 purchased housekeeping 6,709 0 0 purchased services - other 5,060 0 0 total 48,153 10,792 0

Form 990, Part XI, Line 9

Change in interest in lhs foundation 70 lhs foundation, inc. (lhsf) is a related organization, which receives and manages the charitable funds of the organization. Change in interest represents an increase or decrease in the charitable funds held by lhsf for the organization.

Financial Statement Notes

Schedule D, Page 3, Part X

Federal income taxes - no provision for income taxes has been included in the financial statements since the organization is exempt from such taxes under section 501(c)(3) of the internal revenue code.

Schedule D, Page 4, Part XI, Line 2D

Change in interest in lhs foundation 70

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IRS990/ProgramServiceRevenueGrp/BusinessCd1812310
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1LAUNDRY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0373562
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12882
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0373562
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12882
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0897
IRS990/PYOtherExpensesAmt0552888
IRS990/PYOtherRevenueAmt0397
IRS990/PYProgramServiceRevenueAmt0378318
IRS990/PYRevenuesLessExpensesAmt0-173276
IRS990/PYTotalExpensesAmt0552888
IRS990/PYTotalRevenueAmt0379612
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-161053
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0376519
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 75
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0896
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0897
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0883
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0946
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0996
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0376444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0378715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0376482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0371602
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0368453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01871696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0896
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0897
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0883
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0946
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0996
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04618
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt075
IRS990ScheduleA/OtherIncome509Grp/TotalAmt075
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99750
IRS990ScheduleA/PublicSupportPY509Pct00.99770
IRS990ScheduleA/PublicSupportTotal509Amt01876696
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0376444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0378715
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0376482
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0371602
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0373453
IRS990ScheduleA/Total509Grp/TotalAmt01876696
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0377415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0379612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0377365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0372548
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0374449
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01881389
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01435880
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0604961
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02040841
IRS990ScheduleD/EquipmentGrp/BookValueAmt022276
IRS990ScheduleD/EquipmentGrp/DepreciationAmt070215
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt092491
IRS990ScheduleD/ExpensesSubtotalAmt0538468
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0353398
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0353398
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0311385
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt175486
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2833
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3425
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSETS LIMITED TO USE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NET FINANCING FEES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTEREST IN LHSF
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CONSTRUCTION IN PROCESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034751
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038495
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01640526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1121240
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt256844
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt324495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt460
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE - RELATED PARTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ADVANCE FROM LHS FOUNDATION, INC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2A/P - RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PREPAID TENANT RENT
IRS990ScheduleD/OtherRevenueAmt070
IRS990ScheduleD/RevenueNotReportedAmt070
IRS990ScheduleD/RevenueSubtotalAmt0377415
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FEDERAL INCOME TAXES - NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS SINCE THE ORGANIZATION IS EXEMPT FROM SUCH TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN INTEREST IN LHS FOUNDATION 70
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01846305
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0388129
IRS990ScheduleD/TotalExpensesPerForm990Amt0538468
IRS990ScheduleD/TotalLiabilityAmt01843165
IRS990ScheduleD/TotalRevenuePerForm990Amt0377415
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0377485
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0538468
IRS990ScheduleJ/AnyNonFixedPaymentsInd0true
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0270094
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1197018
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt057680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt123160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt022779
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt120737
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0954
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt190
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM R MARSHALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LORINDA SCHALK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0ASST. SEC/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0351507
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1241005
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0WILLIAM R. MARSHALL 0 46,480 0 LORINDA SCHALK 0 15,000 0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1THE CEO RECEIVES A CONTRIBUTION OF UP TO 10% OF HIS GROSS WAGES TO THE DEFERRED COMPENSATION PLAN IF THE RELATED PARENT ORGANIZATION MEETS CERTAIN BENCHMARKS ESTABLISHED BY THE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 4
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PAGE 1, PART I, LINE 7
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION IS MANAGED BY LUTHERAN HOMES SOCIETY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY IS ELECTED BY THE PARENT BOARD OF LUTHERAN HOMES SOCIETY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER OF THE BOARD DOES A THOROUGH REVIEW OF THE 990S. AFTER REVIEW BY THE TREASURER, THE 990'S ARE POSTED TO AN INTERNAL WEBSITE FOR REVIEW BY THE REMAINING BOARD MEMBERS. AFTER A ONE WEEK REVIEW AND COMMENT PERIOD, THEY ARE FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICTS POLICY IS MONITORED THROUGH THE ACCOUNTS PAYABLE PROCESS AND THE INTERNAL AUDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO TOP MANAGEMENT OFFICIALS AT THIS CORPORATION. THE TOP MANAGEMENT OFFICIAL IS EMPLOYED BY LUTHERAN HOMES SOCIETY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE NO OFFICERS OR KEY EMPLOYEE COMPENSATED AT THIS CORPORATION. ALL EMPLOYEE SALARIES ARE DETERMINED BY THE MANAGEMENT OF LUTHERAN HOMES SOCIETY, INC. AS DESCRIBED ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ADMINISTRATIVE ASSURANCE 0 756 0 QUALITY ASSURANCE 0 1,896 0 PURCHASED ADMIN. SERVICES 0 8,140 0 PURCHASED MAINT. SERVICES 36,384 0 0 PURCHASED HOUSEKEEPING 6,709 0 0 PURCHASED SERVICES - OTHER 5,060 0 0 TOTAL 48,153 10,792 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CHANGE IN INTEREST IN LHS FOUNDATION 70 LHS FOUNDATION, INC. (LHSF) IS A RELATED ORGANIZATION, WHICH RECEIVES AND MANAGES THE CHARITABLE FUNDS OF THE ORGANIZATION. CHANGE IN INTEREST REPRESENTS AN INCREASE OR DECREASE IN THE CHARITABLE FUNDS HELD BY LHSF FOR THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.86$3.42$1.55$0.40$0.47$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.93$3.42$1.48$0.38$0.44$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.98$3.41$1.43$0.38$0.51$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.03$3.32$1.29$0.36$0.60$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.09$3.15$1.05$0.37$0.58$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.18$3.02$0.84$0.37$0.57$0.19
2018Detailed filing. Detailed filing data is available for this year.$2.24$2.89$0.65$0.38$0.56$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.26$2.73$0.47$0.38$0.54$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.39$2.53$0.13$0.38$0.55$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.43$2.40$0.03$0.37$0.54$0.17
2013Detailed filing. Detailed filing data is available for this year.$2.52$2.32$0.20$0.37$0.53$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$2.24$0.36$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$1.91$0.50$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$1.73$0.57$0.41