Overview

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Est.

1892

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LUTHERAN HOME FOR THE AGED INC is a nonprofit serving seniors through nursing home and senior assisted living services, with a mission centered on “empowering vibrant grace filled living across all generations” and providing residential and health care, including benevolent care for residents who have exhausted their financial funds. In filing year 2025, it reported an operating budget of $64.6 million and total revenue of $57.1 million, and its top listed funder was LUTHERAN LIFE COMMUNITIES FOUNDATION at $4.4 million.

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
$60M
Expenses
$60M
Net Income:
+$10.4K
Assets
$129.2M
Liabilities
$106M
Net Assets:
+$23.1M
Operating Budget
$60M
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
1
Median grant size
$2M
Largest grant received
$2M
M
Michael Renetzky
Board Member
M
M Sloan Bentley
Board Member
A
Amy Lacroix
Board Member
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  • 2 funders
  • 47 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is LUTHERAN HOME FOR THE AGED INC’s budget?
In 2024, LUTHERAN HOME FOR THE AGED INC reported an annual operating budget of around $60 million. More detailed financial information is available to registered users.
What causes does LUTHERAN HOME FOR THE AGED INC support?
LUTHERAN HOME FOR THE AGED INC supports work in Nursing homes and Senior assisted living.
Where does LUTHERAN HOME FOR THE AGED INC operate?
LUTHERAN HOME FOR THE AGED INC is headquartered in Arlington Heights, IL.
Who funded LUTHERAN HOME FOR THE AGED INC recently?
In 2024, LUTHERAN HOME FOR THE AGED INC received grants from LUTHERAN LIFE COMMUNITIES FOUNDATION, LUTHERAN LIFE COMMUNITIES FOUNDATION, and LUTHERAN HOME AND SERVICES FOR THE AGED INC. More information on this organization’s funders is available to registered users.
What is the largest grant LUTHERAN HOME FOR THE AGED INC received in 2024?
The largest grant to LUTHERAN HOME FOR THE AGED INC in 2024 exceeds $2 million.