LUTHERAN HOUSING SERVICES 9 INC

EIN: 341801635 501(c)(3) Human Services

TOLEDO, OH

Total Revenue
$307,104
Total Expenses
$540,445
Total Assets
$4,325,906
Net Assets
$-4,665,946
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
OH
Principal Officer
WILLIAM R MARSHALL
Phone
4198614990
Tax Period
2024-01-01 to 2024-12-31

LUTHERAN HOUSING SERVICES 9 INC, founded in 1995, is a small nonprofit in the Human Services sector that reported $307K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $540K exceeded revenue, resulting in a 76% operating deficit.

Mission

PROVIDES HOUSING UNITS, MANAGEMENT AND DEVELOPMENT SERVICES, AND OVERSEES 80 INDEPENDENT LIVING UNITS FOR THE ELDERLY.

Program Service Accomplishments

Program 1
Expenses: $400,048 Revenue: $314,418

PROVIDES HOUSING UNITS, MANAGEMENT AND DEVELOPMENT SERVICES, AND OVERSEES 80 INDEPENDENT LIVING UNITS FOR THE ELDERLY PER OUR MISSION STATEMENT AS FOLLOWS: INSPIRED BY THE CHRISTIAN FAITH, WE EMBRACE...

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PROVIDES HOUSING UNITS, MANAGEMENT AND DEVELOPMENT SERVICES, AND OVERSEES 80 INDEPENDENT LIVING UNITS FOR THE ELDERLY PER OUR MISSION STATEMENT AS FOLLOWS: INSPIRED BY THE CHRISTIAN FAITH, WE EMBRACE INDIVIDUALS AND FAMILIES WITH COMPASSIONATE CARE AND SERVICES THROUGHOUT LIFE'S JOURNEY.

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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 $135
Program Service Revenue $314,418
Investment Income $-16,473
Other Revenue $9,024
TOTAL REVENUE $307,104

Expense Breakdown

Grants Paid $135
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $400,183
Other Expenses $540,310
TOTAL EXPENSES $540,445

Year-over-Year Comparison

2024 2023 Change
Revenue $307,104 $699,401 -0.6%
Expenses $540,445 $569,194 -0.1%
Net Income $-233,341 $130,207 -2.8%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
11
Employees
N/A
Volunteers
15

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
5
$712,186
Total Directors
12
$421,367
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM R MARSHALL PRESIDENT/CE 1.00
Officer Director
$0 $54,426 $421,367
LORINDA SCHALK TREASURER/CF 1.00
Officer
$0 $49,142 $290,819
STEVE BAUERLE DIRECTOR 0.25
Director
$0 $0 $0
STEPHEN BOWE DIRECTOR 0.25
Director
$0 $0 $0
MARIA COOK DIRECTOR 0.25
Director
$0 $0 $0
JEFF DEMPSEY DIRECTOR 0.25
Director
$0 $0 $0
ANN MARSHALL DIRECTOR 0.25
Director
$0 $0 $0
KEVIN RAHE DIRECTOR 0.25
Director
$0 $0 $0
JONATHON RUSCHE DIRECTOR 0.25
Director
$0 $0 $0
PAUL SIEBEN VICE-CHAIR 0.25
Officer Director
$0 $0 $0
MARK SNYDER DIRECTOR 0.25
Director
$0 $0 $0
MELISSA WARNER SECRETARY 0.25
Officer Director
$0 $0 $0
LEE WUNSCHEL CHAIR 0.25
Officer Director
$0 $0 $0
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
2024 $307,104 $540,445 $4,325,906 $-233,341
2023 $699,401 $569,194 $4,635,366 $130,207
2022 $321,421 $942,110 $4,734,146 $-620,689
2021 $262,491 $486,567 $5,013,181 $-224,076
2020 $389,980 $523,239 $5,260,474 $-133,259
2019 $511,482 $496,325 $5,434,689 $15,157
2018 $435,039 $466,911 $5,639,543 $-31,872
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