CONCORDIA LUTHERAN MINISTRIES OF PITTSBURGH

EIN: 270209886 501(c)(3) Housing & Shelter

Pittsburgh, PA

Total Revenue
$61,814,787
Total Expenses
$59,608,288
Total Assets
$114,633,695
Net Assets
$60,143,251
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
PA
Principal Officer
Keith Frndak President
Phone
4122781300
Tax Period
2024-07-01 to 2025-06-30

CONCORDIA LUTHERAN MINISTRIES OF PITTSBURGH, founded in 2009, is a mid-sized nonprofit in the Housing & Shelter sector that reported $61.8M in total revenue in fiscal year 2024. Expenses of $59.6M left a modest 4% surplus.

Mission

Concordia Lutheran Ministries of Pittsburgh strives to serve our aging community with a continuum of high quality care-giving options, provided in a Christian environment, and to serve those with limited funds to the best of our ability.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $377,615
Program Service Revenue $57,766,485
Investment Income $3,964,756
Other Revenue $-294,069
TOTAL REVENUE $61,814,787

Expense Breakdown

Grants Paid $7,230,281
Salaries & Benefits $31,358,745
Fundraising Expenses $21,000
Program Expenses $53,898,512
Other Expenses $21,019,262
TOTAL EXPENSES $59,608,288

Year-over-Year Comparison

2024 2023 Change
Revenue $61,814,787 $58,245,734 +0.1%
Expenses $59,608,288 $52,191,044 +0.1%
Net Income $2,206,499 $6,054,690 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
6
Employees
1003
Volunteers
136

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,815,851
Total Directors
6
$2,320,646
Key Employees
1
$323,492
Highest Compensated
9
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Frndak-See Schedule O Chair/President 5
Officer Director
$0 $37,218 $905,273
Brian Hortert-See Schedule O Board Member 5
Officer Director
$0 $36,679 $551,892
Michael Falbo-See Schedule O Secretary/Treasurer 5
Officer Director
$0 $33,072 $358,686
Kay Frndak-Suder Executive Director 42
Key Emp
$304,516 $18,976 $323,492
Melissa Sullivan-See Schedule O Board Member 1
Director
$0 $23,659 $187,820
Phil Ricci-See Schedule O Board Member 1
Director
$0 $10,808 $172,537
Rachelle Arnold Administrator 43
Highest
$143,457 $13,664 $157,121
Mark Froelich Director of Therapy 45
Highest
$118,991 $31,987 $150,978
Rebecca Waxter Director of Nursing 45
Highest
$139,320 $9,065 $148,385
Mena Louies Board Member 1
Director
$0 $17,243 $144,438
Veda Reiser RNAC 45
Highest
$133,689 $8,985 $142,674
Shellee Deless Resident Care Coordinator 45
Highest
$113,642 $14,222 $127,864
Angela McCray Director of Nursing 45
Highest
$114,126 $4,894 $119,020
Eric Peat Administrator 43
Highest
$105,644 $4,289 $109,933
Bonnie Jo Stapchuck Administrator 43
Highest
$102,081 $7,240 $109,321
Cole Reiser Registered Nurse 45
Highest
$98,554 $6,415 $104,969
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $61,814,787 $59,608,288 $114,633,695 $2,206,499
2024 No data No data No data No data
2023 $55,498,214 $51,342,367 $103,722,077 $4,155,847
2022 $53,030,433 $44,190,914 $101,176,687 $8,839,519
2021 $42,844,424 $36,818,161 $101,461,859 $6,026,263
2020 $43,787,953 $40,704,081 $82,378,113 $3,083,872
2019 $40,733,458 $43,278,817 $79,554,892 $-2,545,359
2018 $36,672,396 $27,265,993 $80,101,601 $9,406,403
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