Civic Intelligence

The Lutheran Home for the Aged

EIN 42-0719299 • 501(c)3 • Vinton, IA

Profile

See attached statement

PO Box 559 1415 - 2nd AveVinton, IA 52349

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.52x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

67th percentile

0.46x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

27th percentile

-2.9%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

-1.2%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

51st percentile

7.4%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Assets

Down

$14,786,860

Down $675,318 (-4.4%) from 2024

Liabilities

Down

$7,666,701

Down $201,642 (-2.6%) from 2024

Net Assets

Down

$7,120,159

Down $473,676 (-6.2%) from 2024

Revenue

Up

$16,538,923

Up $485,092 (+3.0%) from 2024

Expenses

Up

$17,012,599

Up $1,270,661 (+8.1%) from 2024

Net Income

Down

-$473,676

Down $785,569 (-252%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $9,790,912Liabilities 2011: $5,620,292Net Assets 2011: $4,170,6202011Assets 2012: $10,857,265Liabilities 2012: $6,180,670Net Assets 2012: $4,676,5952012Assets 2013: $11,083,773Liabilities 2013: $5,831,479Net Assets 2013: $5,252,2942013Assets 2014: $11,723,671Liabilities 2014: $5,981,715Net Assets 2014: $5,741,9562014Assets 2015: $12,101,610Liabilities 2015: $6,047,880Net Assets 2015: $6,053,7302015Assets 2016: $11,936,569Liabilities 2016: $5,602,009Net Assets 2016: $6,334,5602016Assets 2017: $14,301,316Liabilities 2017: $7,951,500Net Assets 2017: $6,349,8162017Assets 2018: $14,305,840Liabilities 2018: $8,137,563Net Assets 2018: $6,168,2772018Assets 2019: $14,377,115Liabilities 2019: $8,080,794Net Assets 2019: $6,296,3212019Assets 2020: $17,034,834Liabilities 2020: $9,631,604Net Assets 2020: $7,403,2302020Assets 2021: $15,842,670Liabilities 2021: $7,896,703Net Assets 2021: $7,945,9672021Assets 2022: $15,716,990Liabilities 2022: $8,040,270Net Assets 2022: $7,676,7202022Assets 2023: $15,163,471Liabilities 2023: $7,881,529Net Assets 2023: $7,281,9422023Assets 2024: $15,462,178Liabilities 2024: $7,868,343Net Assets 2024: $7,593,8352024Assets 2025: $14,786,860Liabilities 2025: $7,666,701Net Assets 2025: $7,120,1592025

Highlighted filing

2025

Assets$14,786,860
Liabilities$7,666,701
Net Assets$7,120,159

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $10,598,069Expenses 2011: $10,175,105Net Income 2011: $422,9642011Expenses 2012: $10,328,9112012Expenses 2013: $10,936,5092013Revenue 2014: $11,980,948Expenses 2014: $11,491,286Net Income 2014: $489,6622014Revenue 2015: $12,133,115Expenses 2015: $11,821,341Net Income 2015: $311,7742015Revenue 2016: $12,263,258Expenses 2016: $11,982,428Net Income 2016: $280,8302016Revenue 2017: $12,510,552Expenses 2017: $12,495,296Net Income 2017: $15,2562017Revenue 2018: $13,284,465Expenses 2018: $13,466,004Net Income 2018: -$181,5392018Revenue 2019: $14,199,717Expenses 2019: $14,071,673Net Income 2019: $128,0442019Revenue 2020: $14,871,951Expenses 2020: $13,765,042Net Income 2020: $1,106,9092020Revenue 2021: $14,237,508Expenses 2021: $13,694,771Net Income 2021: $542,7372021Revenue 2022: $13,011,239Expenses 2022: $13,280,486Net Income 2022: -$269,2472022Revenue 2023: $14,341,804Expenses 2023: $14,736,582Net Income 2023: -$394,7782023Revenue 2024: $16,053,831Expenses 2024: $15,741,938Net Income 2024: $311,8932024Revenue 2025: $16,538,923Expenses 2025: $17,012,599Net Income 2025: -$473,6762025

Highlighted filing

2025

Revenue$16,538,923
Expenses$17,012,599
Net Income-$473,676

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.8$7.67$7.12$16.5$17.0$0.47
2024Detailed filing. Detailed filing data is available for this year.$15.5$7.87$7.59$16.1$15.7$0.31
2023Detailed filing. Detailed filing data is available for this year.$15.2$7.88$7.28$14.3$14.7$0.39
2022Detailed filing. Detailed filing data is available for this year.$15.7$8.04$7.68$13.0$13.3$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$7.90$7.95$14.2$13.7$0.54
2020Detailed filing. Detailed filing data is available for this year.$17.0$9.63$7.40$14.9$13.8$1.11
2019Detailed filing. Detailed filing data is available for this year.$14.4$8.08$6.30$14.2$14.1$0.13
2018Detailed filing. Detailed filing data is available for this year.$14.3$8.14$6.17$13.3$13.5$0.18
2017Detailed filing. Detailed filing data is available for this year.$14.3$7.95$6.35$12.5$12.5$0.02
2016Detailed filing. Detailed filing data is available for this year.$11.9$5.60$6.33$12.3$12.0$0.28
2015Detailed filing. Detailed filing data is available for this year.$12.1$6.05$6.05$12.1$11.8$0.31
2014Detailed filing. Detailed filing data is available for this year.$11.7$5.98$5.74$12.0$11.5$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$5.83$5.25$10.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$6.18$4.68$10.3
2011Summary only. Only limited summary data is available for this year.$9.79$5.62$4.17$10.6$10.2$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Jan 10, 2026
Return Version
2024v5.2
Gross Receipts
$16,581,247
Mission and Program Overview

Mission

See attached statement

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,433,510$8,089,258▼ $344,252
Cash and Non-Interest-Bearing Accounts$4,186,901$3,763,554▼ $423,347
Accounts Receivable$2,735,745$2,860,169▲ $124,424
Inventories for Sale or Use$28,385$30,758▲ $2,373
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$15,462,178$14,786,860▼ $675,318
Other Assets Total$77,637$43,121▼ $34,516
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,526,000$3,277,000▼ $249,000
Other Liabilities$3,213,212$3,141,508▼ $71,704
Accounts Payable and Accrued Expenses$506,304$770,377▲ $264,073
Deferred Revenue$622,827$477,816▼ $145,011
Total Liabilities$7,868,343$7,666,701▼ $201,642
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,593,835$7,120,159▼ $473,676
Total Net Assets Fund Balance$7,593,835$7,120,159▼ $473,676
Total Liabilities and Net Assets / Fund Balance$15,462,178$14,786,860▼ $675,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,699,906$13,493,546$21,193,452
Equipment$389,352$3,389,464$3,778,816
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Diane GloedeCOOFT$152,859$152,859

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$131,152
Program Service Revenue
$16,155,985
Investment Income
$30,177
Other Revenue
$221,609
All Other Contributions
$131,152
Change in Net Assets
$-473,676

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,538,923
Total Revenue per Audited Statements
$16,538,923
Total Revenue per Form 990
$16,538,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,284,923
Other Expenses$5,727,676
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,412,346$293,344-$9,705,690
Office Expenses$1,302,305$26,677-$1,328,982
All Other Expenses$815,724$300,027-$1,115,751
Depreciation Depletion$786,870--$786,870
Payroll Taxes$743,449$35,515-$778,964
Insurance$701,487--$701,487
Other Employee Benefits$597,280$50,130-$647,410
Other Expenses$235,616$37,848-$235,616
Current Officers, Directors, Trustees, and Key Employees-$152,859-$152,859
Interest$102,824$1,783-$104,607
Travel$43,452--$43,452
Fees for Services Legal$20,445--$20,445
Fees for Services Accounting$12,975--$12,975
Total Functional Expenses$16,093,248$919,351$0$17,012,599

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$17,012,599
Total Expenses per Audited Statements$17,012,599
Total Expenses per Form 990$17,012,599
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable advance fees$2,892,685
Other curent liabilities$203,877
Current Portion Operating Lease$30,922
Operating Lease Liabilities$14,024
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Board of Directors reviews the 990 for accuracy and completeness prior to filing.

Form 990, Part VI, Section B, Line 12C

The Board of Directors have a verbal discussion, as needed, at meetings related to any potential conflicts of interest. Should an issue arise, the individual would abstain from further discussions or voting as they relate to the conflict of interest.

Form 990, Part VI, Section B, Line 15A

The Board of Directors perform an annual evaluation for the COO and will discuss and vote on merit increases.

Form 990, Part VI, Section C, Line 19

Financial Statements are available upon request at The Lutheran Home for the Aged Association - East at PO Box559 - 1415 - 2nd Avenue, Vinton, Iowa 52349.

Filing and Contact Details

Filer

Filer Name
The Lutheran Home for the Aged
EIN
42-0719299
Phone
3194724211
Address
PO Box 559 1415 - 2nd Ave, Vinton, IA 52349

Signing Officer

Name
Diane Gloede
Title
COO
Signed
2026-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Gloede
Formed
1980
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
409
Volunteers
20

Preparer

Firm
Reiser Jennings & Co PC
Address
1706 BRADY ST STE 306, DAVENPORT, IA 52803
Preparer
Dustin Kimball
Phone
5633226271
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 - Organization Mission

The Lutheran Home for the Aged Association East (LHAA-E) is committed to providing essential services to our residents to satisfy their special housing needs and to provide quality programs designed to promote their physical, metal, social and spiritual health. We believe, consistent with our Lord's teachings, that each person is entitled to be treated with dignity, courtesy, understanding and love. It is our continuing mission to treat and provide care to our residents consistent with His teachings.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/OtherExpensesGrp/TotalAmt2286869
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09412346
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035515
IRS990/PayrollTaxesGrp/ProgramServicesAmt0743449
IRS990/PayrollTaxesGrp/TotalAmt0778964
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0Diane Gloede
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IRS990/ProgramServiceRevenueGrp/Desc2Home Health Care
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11694710
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IRS990/PYRevenuesLessExpensesAmt0311893
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Organization qualified for PPP loans due to the COVID pandemic. The foregiveness of this debt is in excess of 10% of the revenues for the organization for this year ended 08/31/2021.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Other Income Explanation
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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