THE LUTHERAN HOMES SOCIETY

EIN: 420698201 501(c)(3)

MUSCATINE, IA

Total Revenue
$17,041,219
Total Expenses
$17,177,862
Total Assets
$30,397,430
Net Assets
$15,944,835
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1895
Legal Domicile
IA
Principal Officer
PEGGY STARKWEATHER
Phone
5632631241
Tax Period
2023-01-01 to 2023-12-31

THE LUTHERAN HOMES SOCIETY, founded in 1895, is a mid-sized nonprofit that reported $17.0M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF THE LUTHERAN HOMES SOCIETY IS TO PROVIDE COMPASSIONATE CHRISTIAN MINISTRY, ADDRESSING INDIVIDUAL HEALTH CARE NEEDS OF ITS RESIDENT COMMUNITY.

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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 $233,612
Program Service Revenue $16,386,858
Investment Income $311,679
Other Revenue $109,070
TOTAL REVENUE $17,041,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,500,261
Fundraising Expenses $0
Program Expenses $14,942,457
Other Expenses $8,677,601
TOTAL EXPENSES $17,177,862

Year-over-Year Comparison

2023 2022 Change
Revenue $17,041,219 $15,005,321 +0.1%
Expenses $17,177,862 $15,992,170 +0.1%
Net Income $-136,643 $-986,849 -0.9%
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
10
Independent Members
10
Employees
288
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
5
$94,020
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORMA ENGLER CNA 40.00
Highest
$180,959 $22,178 $203,137
RIZZA LEE RN 40.00
Highest
$155,181 $0 $155,181
ANGELA SILVA CULINARY DIR 40.00
Highest
$109,729 $11,772 $121,501
ANA VALDES ROMERA LPN 40.00
Highest
$107,158 $10,654 $117,812
PRISCIALLA REYES LPN 40.00
Highest
$101,576 $11,865 $113,441
JESSICA BOPES EXECUTIVE DI 40.00
Officer
$83,227 $10,793 $94,020
VICKI BECKEY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN BURZLAFF DIRECTOR 1.00
Director
$0 $0 $0
SUSAN EVERSMEYER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MEGAN FRANCIS DIRECTOR 1.00
Director
$0 $0 $0
DAVE HANSON TREASURER 1.00
Officer Director
$0 $0 $0
ROSA MENDOZA DIRECTOR 1.00
Director
$0 $0 $0
BRANDY OLSON DIRECTOR 1.00
Director
$0 $0 $0
JANE PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
PEGGY STARKWEATHER PRESIDENT 1.00
Officer Director
$0 $0 $0
DALE WILDER PRESIDENT 1.00
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 No data No data No data No data
2023 $17,041,219 $17,177,862 $30,397,430 $-136,643
2022 $15,005,321 $15,992,170 $30,402,427 $-986,849
2021 $16,820,917 $14,694,225 $32,892,213 $2,126,692
2020 $14,928,438 $14,419,493 $32,696,726 $508,945
2019 $14,437,706 $14,181,775 $29,568,912 $255,931
2018 $13,200,458 $13,764,751 $29,001,826 $-564,293
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