Mission
THE PURPOSE OF THE FOUNDATION IS TO SOLICIT AND MANAGE GIFTS OF MONEY AND/OR PROPERTY FOR THE PURPOSE OF GRANTING GIFTS TO SALEM LUTHERAN HOMES
Public Charity
SALEM LUTHERAN HOME CHARITABLE FOUNDATION
SALEM LUTHERAN HOME CHARITABLE FOUNDATION is a Public Charity headquartered in ELK HORN, IA. Financial data from the 2024 filing: $36K revenue, $12K expenses, $944K total assets. 6 publicly reported grants to this organization, totaling roughly $260K, appear in IRS filings.
EIN: 421306694
ELK HORN, IA
Supportive Housing for Older Adults
NTEE: P75
Latest filing: 2024
Total Revenue$36K
Total Expenses$12K
Total Assets$944K
Grant Records6
Funding Total$260K
Filing Years2019–2024
Where $100 goes at Salem Lutheran Home Charitable Foundation
How Salem Lutheran Home Charitable Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$93
The purpose of the foundation is for charitable & religious purposes, including assisting & benefitting salem lutheran homes and other lutheran charitable and religious corporations in carrying out…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$30,000
GENERAL SUPPORT
$53,000
GENERAL SUPPORT - BUILDING MAINTENANCE
$53,000
HELP WITH THE EXPENSE OF REPLACING ANTIQUED FIRE PANEL SYSTEM
$93,900
GRANT DISTRIBUTION
$25,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
PRESIDENT
Deb Bieker
DIRECTOR
Eileen Sornson
DIR (END 3/2024)/SEC (BEG 3/2024)
Geralyn Christensen
DIRECTOR
Keli Hansen
TREASURER (BEG 3/2024)
Phil Nielsen
VICE PRESIDENT
Ron Rasmussen
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $36K | $12K | $944K |
| 2023 | $19K | $23K | $861K |
| 2022 | $20K | $74K | $776K |
| 2020 | $83K | $69K | $841K |
| 2019 | $122K | $86K | $774K |
Between 2019 and 2024, reported annual revenue declined from $122K to $36K (-70%), with total assets most recently reported at $944K.
Interactive year-over-year charts and full filing details available with membership.