LUTHERAN RETIREMENT CENTER ASSOCIATION C/O LUTHERAN SENIOR SERVICES

EIN: 371199021 501(c)(3)

ST LOUIS, MO

Total Revenue
$22,204,748
Total Expenses
$22,479,611
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IL
Principal Officer
ADAM MARLES
Phone
3149689313
Tax Period
2022-01-01 to 2022-12-31

LUTHERAN RETIREMENT CENTER ASSOCIATION C/O LUTHERAN SENIOR SERVICES, founded in 1984, is a mid-sized nonprofit that reported $22.2M in total revenue in fiscal year 2022.

Mission

TO ADDRESS AND MEET THE NEEDS OF AGED PERSONS, INCLUDING HOUSING, HEALTHCARE, AND FINANCIAL SECURITY.

Program Service Accomplishments

Program 1
Expenses: $17,452,363 Revenue: $20,429,249

OPERATION OF A LIFE PLAN COMMUNITY THAT OFFERS A CONTINUUM OF CARE THAT INCLUDES 178 INDEPENDENT LIVING APARTMENTS, 26 PATIO HOMES, 48 ASSISTED LIVING UNITS, 20 ASSISTED LIVING MEMORY CARE UNITS AND...

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OPERATION OF A LIFE PLAN COMMUNITY THAT OFFERS A CONTINUUM OF CARE THAT INCLUDES 178 INDEPENDENT LIVING APARTMENTS, 26 PATIO HOMES, 48 ASSISTED LIVING UNITS, 20 ASSISTED LIVING MEMORY CARE UNITS AND 57 SKILLED NURSING BEDS, WHICH INCLUDE 6 MEDICAID CERTIFIED BEDS.THE ORGANIZATION PROVIDES CARE TO RESIDENTS AND CLIENTS WHO MEET CERTAIN CRITERIA UNDER ITS FINANCIAL ASSISTANCE POLICY WITHOUT CHARGE. KEY ELEMENTS USED TO DETERMINE ELIGIBILITY INCLUDE VERIFICATION OF FINANCIAL NEED AND PROPER DISCLOSURE UPON ADMISSION. BENEVOLENT CARE ASSISTANCE IS ALSO PROVIDED, WHICH INCLUDES MEDICAID CONTRACTUAL ALLOWANCES. TOTAL BENEVOLENT CARE ASSISTANCE PROVIDED WAS $298,402, OF WHICH $298,402 IS OFFSETTING PROGRAM SERVICE REVENUE.LUTHERAN SENIOR SERVICES ALSO PROVIDES CARE TO RESIDENTS UNDER THE MEDICAID PROGRAM FOR WHICH THE COSTS TO PROVIDE SUCH CARE EXCEEDS REIMBURSEMENT. THE ORGANIZATION FUNDS THIS DIFFERENCE THROUGH ITS OPERATIONS.THE CORPORATION'S RESIDENTIAL FACILITIES AND PROGRAMS ARE SPECIFICALLY DESIGNED TO MEET AND MAINTAIN ITS AGED RESIDENTS PHYSICAL AND EMOTIONAL WELL-BEING, AS WELL AS MEET THEIR RECREATIONAL, SOCIAL, AND RELIGIOUS NEEDS. THOSE PROGRAMS INCLUDE FULL-SERVICE RESTAURANT-STYLE DINING, VILLAGE MARKET, FITNESS CENTER, INDOOR POOL, STYLING SALON AND BARBERSHOP, COMMUNITY ROOM, CHAPEL, MOVIE THEATER, GAME AREAS, ART STUDIO, PRIVATE DINING ROOMS, LIBRARIES, PARKING, ON-SITE MEDICAL CLINIC, WOODSHOP, AND PRIME LOCATION NEAR MANY GREAT SPRINGFIELD ATTRACTIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $903,829
Program Service Revenue $20,429,249
Investment Income $504,574
Other Revenue $367,096
TOTAL REVENUE $22,204,748

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,516,343
Fundraising Expenses $0
Program Expenses $17,452,363
Other Expenses $12,963,268
TOTAL EXPENSES $22,479,611

Year-over-Year Comparison

2022 2021 Change
Revenue $22,204,748 $20,561,665 +0.1%
Expenses $22,479,611 $21,303,872 +0.1%
Net Income $-274,863 $-742,207 -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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Governance

Voting Members
15
Independent Members
15
Employees
497
Volunteers
40

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
18
$3,246,122
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY L DUNN CHAIRPERSON 0.20
Officer Director
$0 $0 $0
DR F MATTHEW KUHLMANN SECRETARY 0.20
Officer Director
$0 $0 $0
REV ROY CHRISTELL BOARD MEMBER 0.20
Director
$0 $0 $0
DIANE R DROLLINGER BOARD MEMBER 0.20
Director
$0 $0 $0
JOHN A KOMLOS BOARD MEMBER (TERM ENDED JUNE 2022) 0.20
Director
$0 $0 $0
HARRY MUELLER BOARD MEMBER 0.20
Director
$0 $0 $0
LISA J SOMBART BOARD MEMBER 0.20
Director
$0 $0 $0
PAUL N TICE VICE CHAIRPERSON 0.20
Officer Director
$0 $0 $0
DAVID ANDERSON BOARD MEMBER 0.20
Director
$0 $0 $0
JULIE BANTLE BOARD MEMBER 0.20
Director
$0 $0 $0
NORMAN TOON BOARD MEMBER 0.20
Director
$0 $0 $0
DAN BROWN ASSISTANT SECRETARY 0.20
Officer Director
$0 $0 $0
ELISE MCCLINE BOARD MEMBER 0.20
Director
$0 $0 $0
BRENT BEUMER BOARD MEMBER 0.20
Director
$0 $0 $0
REV JOEL CHRISTIANSEN BOARD MEMBER 0.20
Director
$0 $0 $0
MEAGAN MEADOWS BOARD MEMBER 0.20
Director
$0 $0 $0
GARRY ANDERSON CHIEF OPERATING OFFICER 1.00
Officer
$0 $28,172 $359,350
LISA NORWINE CHIEF ADVANCEMENT OFFICER 1.00
Officer
$0 $29,156 $325,052
VALERIE COOPER VP, LIFE PLAN COMMUNITIES 1.00
Officer
$0 $29,657 $226,006
CHAD SNEED CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $34,816 $344,736
COLLEEN BOTTENS VP HCBS 1.00
Officer
$0 $29,494 $209,618
LISA WILLIAMS SR VP OF WORKFORCE EXCELLENCE 1.00
Officer
$0 $8,785 $224,081
BEN CAFFEY EX DIR OF REVENUE ENHANCEMENT 1.00
Officer
$0 $17,279 $170,155
BRIAN REINHOLD VP OF RISK/SAFETY/COMPLIANCE 1.00
Officer
$0 $33,711 $201,293
JOSH KING VP OF INFORMATION TECHNOLOGY 1.00
Officer
$0 $32,909 $207,205
BECKY ZIMMER EX DIR OF PLANNED GIVING 1.00
Officer
$0 $4,794 $134,525
ADAM MARLES PRESIDENT/CEO 1.00
Officer
$0 $30,824 $465,932
MARYANNE WALLACE EX DIR OF MARKETING & COMMUNICATION 1.00
Officer
$0 $22,473 $144,545
BETH RUSERT CHIEF EXPERIENCE OFFICER 1.00
Officer
$0 $654 $72,176
JACQUE BOGNER EXECUTIVE DIRECTOR 40.00
Officer
$0 $23,282 $161,448
RACHEL LITTLE DIR OF CLINICAL COMPLIANCE 1.00
Highest
$0 $9,649 $165,657
TODD YOUNG NETWORK DIRECTOR 1.00
Highest
$0 $6,116 $158,261
MARY HEMPHILL RN 1.00
Highest
$0 $12,538 $176,722
AMY THOMAS CONTROLLER 1.00
Highest
$0 $7,284 $161,184
DENIS THIEN DIR OF BENEFITS & COMPENSATION 1.00
Highest
$0 $13,269 $151,084
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
2022 $22,204,748 $22,479,611 No data $-274,863
2021 $20,561,665 $21,303,872 $75,244,232 $-742,207
2020 $19,285,225 $20,070,912 $83,624,398 $-785,687
2019 $19,881,777 $20,050,989 $84,478,785 $-169,212
2018 $20,094,950 $20,138,923 $91,390,591 $-43,973
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