LUTHERAN HOME AND SERVICES FOR THE AGED INC

EIN: 363375902 501(c)(3) Human Services

ARLINGTON HEIGHTS, IL

Total Revenue
$747,757
Total Expenses
$33,257
Total Assets
$17,024,015
Net Assets
$6,520,218
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IL
Principal Officer
SLOAN BENTLEY
Phone
8473687342
Tax Period
2023-07-01 to 2024-06-30

LUTHERAN HOME AND SERVICES FOR THE AGED INC, founded in 1985, is a small nonprofit in the Human Services sector that reported $748K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $714K, a strong 96% operating margin.

Mission

EMPOWERING VIBRANT GRACE FILLED LIVING ACROSS ALL GENERATIONS. PROVIDING RESIDENTIAL AND HEALTH CARE SERVICES TO SENIORS INCLUDING BENEVOLENT CARE TO THOSE WHO HAVE EXHAUSTED THEIR FINANCIAL FUNDS.

Program Service Accomplishments

Program 1
Expenses: $33,241

TO ACT AS A SUPPORTING ORGANIZATION TO AFFILIATED ENTITIES OF LUTHERAN LIFE MINISTRIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $747,757
Other Revenue $0
TOTAL REVENUE $747,757

Expense Breakdown

Grants Paid $33,174
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $33,241
Other Expenses $83
TOTAL EXPENSES $33,257

Year-over-Year Comparison

2023 2022 Change
Revenue $747,757 $941,630 -0.2%
Expenses $33,257 $41,676 -0.2%
Net Income $714,500 $899,954 -0.2%
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
3
Independent Members
1
Employees
N/A
Volunteers
1

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
$1,059,225
Total Directors
3
$1,059,225
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL RENETZKY CHAIR 0.30
Officer Director
$0 $0 $0
MSLOAN BENTLEY PRESIDENT & CEO-VICE CHAIR 2.00
Officer Director
$0 $10,159 $704,428
AMY LACROIX SECRETARY 2.00
Officer Director
$0 $9,362 $354,797
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 No data No data No data No data
2024 $747,757 $33,257 $17,024,015 $714,500
2023 $941,630 $41,676 $16,553,564 $899,954
2022 $1,634,847 $21,300 $15,744,866 $1,613,547
2021 $892,700 No data $18,429,350 No data
2020 $306,136 No data $16,398,320 No data
2019 $308,262 No data $10,653,428 No data
2018 $328,122 No data $10,843,230 No data
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