Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LUTHER OAKS INC is a retirement housing nonprofit serving seniors through residential and health care services, with a mission centered on “empowering vibrant grace filled living across all generations” and providing benevolent care to those who have exhausted their financial funds. For fiscal year 2025, it reported an operating budget of $14.4 million and total revenue of $13 million, with listed support from LUTHERAN LIFE COMMUNITIES FOUNDATION and DEW FOUNDATION.

Mission Statement

SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT. 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.
Revenues
$13M
Expenses
$13.1M
Net Income:
-$101.9K
Assets
$31M
Liabilities
$46.9M
Net Assets:
-$15.9M
Operating Budget
$13.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$17.4K
Largest grant received
$34.5K
P
Phillip Bachman
Board Member
M
Michael Renetzky
Board Member
M
M Sloan Bentley
Board Member
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  • 4 funders
  • 27 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is LUTHER OAKS INC’s budget?
In 2024, LUTHER OAKS INC reported an annual operating budget of around $13.1 million. More detailed financial information is available to registered users.
What causes does LUTHER OAKS INC support?
LUTHER OAKS INC supports work in Retirement housing.
Where does LUTHER OAKS INC operate?
LUTHER OAKS INC is headquartered in BLOOMINGTON, IL.
Who funded LUTHER OAKS INC recently?
In 2024, LUTHER OAKS INC received grants from LUTHERAN LIFE COMMUNITIES FOUNDATION, LUTHERAN HOME AND SERVICES FOR THE AGED INC, and LUTHERAN LIFE COMMUNITIES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LUTHER OAKS INC received in 2024?
The largest grant to LUTHER OAKS INC in 2024 exceeds $35 thousand.