SOLVANG LUTHERAN HOME INC ATTERDAG VILLAGE OF SOLVANG

EIN: 951765173 501(c)(3) Human Services

SOLVANG, CA

Total Revenue
$16,580,009
Total Expenses
$15,414,095
Total Assets
$37,913,707
Net Assets
$23,260,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CA
Phone
8056883263
Tax Period
2023-01-01 to 2023-12-31

SOLVANG LUTHERAN HOME INC ATTERDAG VILLAGE OF SOLVANG, founded in 1956, is a mid-sized nonprofit in the Human Services sector that reported $16.6M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $15.4M left a modest 7% surplus.

Mission

THE SOLVANG LUTHERAN HOME WELCOMES ALL FAITHS AND RECOGNIZES THAT A HUMAN BEING'S QUALITY OF LIFE RELATES TO PHYSICAL, EMOTIONAL, AND SPIRITUAL WELL-BEING, PERSONAL FREEDOM, AND OPTIMUM INDEPENDENCE IN A SAFE AND CARING ENVIRONMENT.

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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 $1,254,089
Program Service Revenue $14,405,841
Investment Income $21,462
Other Revenue $898,617
TOTAL REVENUE $16,580,009

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,513,351
Fundraising Expenses $0
Program Expenses $14,180,967
Other Expenses $5,900,744
TOTAL EXPENSES $15,414,095

Year-over-Year Comparison

2023 2022 Change
Revenue $16,580,009 $14,316,606 +0.2%
Expenses $15,414,095 $15,073,090 +0.0%
Net Income $1,165,914 $-756,484 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
248
Volunteers
50

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT BIDDINGER President 5.00
Officer Director
$0 $0 $0
MARIO FAZIO Director 5.00
Director
$0 $0 $0
BILL CIRONE Director 5.00
Director
$0 $0 $0
KEN HARWOOD Director 5.00
Director
$0 $0 $0
SUE WATKINS Secretary 5.00
Officer Director
$0 $0 $0
WILLIAM ALTON Director 5.00
Director
$0 $0 $0
VERVA ENOCH Treasurer 5.00
Officer Director
$0 $0 $0
BRETT JONES Director 5.00
Director
$0 $0 $0
JAN CLEVENGER Director 5.00
Director
$0 $0 $0
BRADLEY HOLLISTER Director 5.00
Director
$0 $0 $0
JOHN ERDAHL Director 5.00
Director
$0 $0 $0
CATHERINE STREEGAN Director 5.00
Director
$0 $0 $0
CHRIS PARKER Executive Dir. 40.00
Director
$0 $0 $0
MIKE SGOBBA Director 5.00
Director
$0 $0 $0
BARBARA WAER Vice President 5.00
Officer Director
$0 $0 $0
MICHAEL ZLAKET Director 5.00
Director
$0 $0 $0
CHRISTOPHER PARKER EXECUTIVE DIRECTOR 40.00
$0 $0 $0
GARY HALL DIRECTOR OF OPERATIONS 40.00
$0 $0 $0
HEATHER ANDERSON DIRECTOR OF NURSING 40.00
$0 $0 $0
DENISE E CLEAR MDS COORDINATOR/RN 40.00
$0 $0 $0
RUTH W KITZMANN FINANCE MANAGER 40.00
$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 $16,580,009 $15,414,095 $37,913,707 $1,165,914
2022 $14,316,606 $15,073,090 $34,161,497 $-756,484
2021 $14,433,691 $13,913,392 $35,503,006 $520,299
2020 $13,916,631 $13,453,127 $35,951,928 $463,504
2019 $14,479,110 $13,105,471 $36,186,396 $1,373,639
2018 $13,770,608 $13,141,192 $34,933,447 $629,416
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