Civic Intelligence

Southeastern Lutheran Holding Corporation

EIN 58-1437234 • 501(c)2 • Decatur, GA

Profile

The southeastern lutheran holding corporation's exempt purpose is to receive, acquire and otherwise obtain real, personal and/or intangible property and manage such property for the benefit and/or furtherance of the objectives of the southeastern synod of the evangelical lutheran church in america (elca)

PO Box 400Decatur, GA 30031

www.elca-ses.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

97th percentile

100%

Higher net margin than 97% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2023

Top Officer Pay

91st percentile

$164,173

Higher top officer pay than 91% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2023

Asset Growth

23rd percentile

-100%

Faster asset growth than 23% of similar nonprofits.

501(c)2 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Down

$0

Down $261,483 (-100%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$0

Down $261,483 (-100%) from 2022

Revenue

Down

-$692

Down $135 (-24%) from 2022

Expenses

Down

$0

Down $2,104 (-100%) from 2022

Net Income

Up

-$692

Up $1,969 (+74%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,142,435Liabilities 2012: $0Net Assets 2012: $1,142,4352012Assets 2013: $1,113,694Liabilities 2013: $3,854Net Assets 2013: $1,109,8402013Assets 2014: $1,090,395Liabilities 2014: $5,420Net Assets 2014: $1,084,9752014Assets 2015: $1,075,737Liabilities 2015: $1,000Net Assets 2015: $1,074,7372015Assets 2016: $1,061,943Liabilities 2016: $5,300Net Assets 2016: $1,056,6432016Assets 2017: $1,036,483Liabilities 2017: $1,000Net Assets 2017: $1,035,4832017Assets 2018: $509,333Liabilities 2018: $1,000Net Assets 2018: $508,3332018Assets 2019: $428,680Liabilities 2019: $1,000Net Assets 2019: $427,6802019Assets 2020: $289,684Liabilities 2020: $74Net Assets 2020: $289,6102020Assets 2021: $289,644Liabilities 2021: $0Net Assets 2021: $289,6442021Assets 2022: $261,483Liabilities 2022: $0Net Assets 2022: $261,4832022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$50K$0-$50K-$100K-$150KExpenses 2012: $35,9972012Revenue 2013: $2,799Expenses 2013: $35,394Net Income 2013: -$32,5952013Revenue 2014: $8,000Expenses 2014: $32,865Net Income 2014: -$24,8652014Revenue 2015: $17,665Expenses 2015: $27,903Net Income 2015: -$10,2382015Revenue 2016: $12,000Expenses 2016: $30,094Net Income 2016: -$18,0942016Revenue 2017: -$14,600Expenses 2017: $5,282Net Income 2017: -$19,8822017Revenue 2018: -$18,366Expenses 2018: $5,473Net Income 2018: -$23,8392018Revenue 2019: -$2,222Expenses 2019: $8,735Net Income 2019: -$10,9572019Revenue 2020: -$128,242Expenses 2020: $9,828Net Income 2020: -$138,0702020Revenue 2021: $2,146Expenses 2021: $2,112Net Income 2021: $342021Revenue 2022: -$557Expenses 2022: $2,104Net Income 2022: -$2,6612022Revenue 2023: -$692Expenses 2023: $0Net Income 2023: -$6922023

Highlighted filing

2023

Revenue-$692
Expenses$0
Net Income-$692

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.13$0.01$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$0.00$0.01$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.00$0.51$0.02$0.01$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.01$0.01$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.01$1.06$0.01$0.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.07$0.02$0.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.08$0.01$0.03$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$0.00$0.04$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 1, 2022 to Jan 31, 2023
Signed
Dec 15, 2023
Return Version
2022v5.0
Gross Receipts
$255,406
Mission and Program Overview

Mission

The southeastern lutheran holding corporations exempt purpose is to receive, acquire and otherwise obtain real, personal and/or intangible property and manage such property for the benefit and/or furtherance of the objectives of the southeastern synod of the evangelical lutheran church in america (elca)

Manage Property and investments for the benefit of the southeastern synod of the evangelical lutheran church in america (ELCA)

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$261,483$0▼ $261,483
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$261,483$0▼ $261,483
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$261,483$0▼ $261,483
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$261,483$0▼ $261,483
Total Liabilities and Net Assets / Fund Balance$261,483$0▼ $261,483
Compensation and Service Providers

Board Members and Trustees

NameTitle
Imran SiddiquiPresident
Bishop Kevin StricklandVice President
Reverend Beverly ShawBoard Member
Randy JonesSecretary
Steven GehretTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-692
Other Revenue
$0
Change in Net Assets
$-692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

All directors, other than those who serve due to their office, shall be appointed by the synod council of the southeastern synod of the evangelical lutheran church in america, inc, and, if no such synod council exists, then by the entire board of directors of said corporation.

Form 990 Part VI, Section A, Line 7B

All directors, other than those who serve due to their office, shall be appointed by the synod council of the southeastern synod of the evangelical lutheran church in america, inc, and, if no such synod council exists, then by the entire board of directors of said corporation. A director may be removed from office by a majority vote of said synod council. The bylaws of the corporation may be altered, amended, or repealed and new bylaws may be adopted by the board of directors at any regular or special meeting of the board of directors, subject to the prior approval of the synod council of the southeastern synod of the evangelical lutheran church in america, inc.

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

Form 990 was provided to the directors for review prior to filing with the internal revenue service.

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

Recommendation by synod personnel or the mutual ministry committiee, approval by synod council.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request. The organization does not have a written conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Southeastern Lutheran Holding Corporation
EIN
58-1437234
In Care Of
% DR SANDRA GUSTAVSON
Phone
4045891977
Address
PO Box 400, Decatur, GA 30031

Signing Officer

Name
Imran Siddiqui
Title
President
Phone
4045891977
Signed
2023-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Imran Siddiqui
Formed
1980
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
6

Preparer

Firm
Smith & Howard Advisory LLC
Address
271 17TH STREET NW SUITE 1600, ATLANTA, GA 30363
Phone
4048746244
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

($260,791) Transfer to Related Organization

Financial Statement Notes

ASC 740 Footnote

The Synod is classified as an exempt organization under the Internal Revenue Code Section 501(c)(3), and as such, no provision for income taxes has been provided. The Synod does not file a federal or state informational return due to its religious designation. The SLHC, which is consolidated with the Synod, qualifies as a tax-exempt organization as described in Internal Revenue Code Section 501(c)(2) as a title-holding corporation. The Synod annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Synod takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Synod is subject to examination by the federal and state taxing authorities. In general, the Synod is no longer subject to tax examinations for tax years ending before January 31, 2020.

Raw XML AppendixShowing 400 of 440 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReconcilationRevenueExpnssAmt0-692
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Synod is classified as an exempt organization under the Internal Revenue Code Section 501(c)(3), and as such, no provision for income taxes has been provided. The Synod does not file a federal or state informational return due to its religious designation. The SLHC, which is consolidated with the Synod, qualifies as a tax-exempt organization as described in Internal Revenue Code Section 501(c)(2) as a title-holding corporation. The Synod annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Synod takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Synod is subject to examination by the federal and state taxing authorities. In general, the Synod is no longer subject to tax examinations for tax years ending before January 31, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0ASC 740 Footnote
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt087245
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt016975
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt079801
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Bishop Kevin Strickland
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Vice President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0184021
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The same committee of the board that determines officer compensation also approves the housing allowance.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1BISHOP KEVIN STRICKLAND RECEIVES COMPENSATION FROM A RELATED ORGANIZATION, SOUTHEASTERN SYNOD OF THE ELCA, INC. HE IS PAID ENTIRELY BY THAT ORGANIZATION AND RECEIVES NO COMPENSATION FROM SOUTHEASTERN LUTHERAN HOLDING CORPORATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 2
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PART II
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IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
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IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0DISSOLUTION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-07-25
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0581536326
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0260791
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0SOUTHEASTERN SYNOD OF THE ELCA INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01410 Ponce De Leon Ave NE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ATLANTA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0GA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd030307
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IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0DISSOLVED
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc01
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL DIRECTORS, OTHER THAN THOSE WHO SERVE DUE TO THEIR OFFICE, SHALL BE APPOINTED BY THE SYNOD COUNCIL OF THE SOUTHEASTERN SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA, INC, AND, IF NO SUCH SYNOD COUNCIL EXISTS, THEN BY THE ENTIRE BOARD OF DIRECTORS OF SAID CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS, OTHER THAN THOSE WHO SERVE DUE TO THEIR OFFICE, SHALL BE APPOINTED BY THE SYNOD COUNCIL OF THE SOUTHEASTERN SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA, INC, AND, IF NO SUCH SYNOD COUNCIL EXISTS, THEN BY THE ENTIRE BOARD OF DIRECTORS OF SAID CORPORATION. A DIRECTOR MAY BE REMOVED FROM OFFICE BY A MAJORITY VOTE OF SAID SYNOD COUNCIL. THE BYLAWS OF THE CORPORATION MAY BE ALTERED, AMENDED, OR REPEALED AND NEW BYLAWS MAY BE ADOPTED BY THE BOARD OF DIRECTORS AT ANY REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS, SUBJECT TO THE PRIOR APPROVAL OF THE SYNOD COUNCIL OF THE SOUTHEASTERN SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS PROVIDED TO THE DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RECOMMENDATION BY SYNOD PERSONNEL OR THE MUTUAL MINISTRY COMMITTIEE, APPROVAL BY SYNOD COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5($260,791) Transfer to Related Organization
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SOUTHEASTERN SYNOD OF THE EVANGELICAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581536326
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0OVERSIGHT
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 400
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0260791
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Book
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SOUTHEASTERN SYNOD OF THE EVANGELICAL
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IRS990/StatesWhereCopyOfReturnIsFldCd0GA
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IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
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IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0261483
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt076928
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-692
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-692
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0261483
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt087245
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00

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