LUTHERAN HOMES OF MICHIGAN INC

LUTHERAN HOMES OF MICHIGAN INC

Saginaw, MI, US
501(c)3
EIN
38-1358410

LUTHERAN HOMES OF MICHIGAN INC

Saginaw, MI, US
501(c)3
EIN
38-1358410

Overview

Sign up for

Est.

1892

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
Was this helpful?

Lutheran Homes of Michigan Inc, with an EIN of 38-1358410, operates nursing homes and is motivated by Christ's love to engage individuals in realizing their God-given potential. In 2024, the organization has an operating budget of $38.9 million and total revenue of $36 million, receiving significant funding from various sources without reliance on a single funder for 50% or more of its revenue. More information can be found on their website, www.wellspringlutheran.com.

Mission Statement

MOTIVATED BY CHRIST'S LOVE, WE ENGAGE PEOPLE AS THEY EXPERIENCE AND EMBRACE THEIR GOD-GIVEN POTENTIAL.
Revenues

$36M

Expenses

$38.9M

Net Income:
-$3M
Assets

$68.2M

Liabilities

$30.8M

Net Assets:
+$37.4M
Operating Budget

$38.9M

Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants

1

Median grant size
$11K
Largest grant received
$11K
D
David M Gehm
Board Member
K
Karen Storck
Board Member
C
Carl Schoenow
Board Member

Frequently Asked Questions

What is LUTHERAN HOMES OF MICHIGAN INC’s budget?
In 2024, LUTHERAN HOMES OF MICHIGAN INC reported an annual operating budget of around $38.9 million. More detailed financial information is available to registered users.
What causes does LUTHERAN HOMES OF MICHIGAN INC support?
LUTHERAN HOMES OF MICHIGAN INC supports work in Nursing homes.
Where does LUTHERAN HOMES OF MICHIGAN INC operate?
LUTHERAN HOMES OF MICHIGAN INC is headquartered in Saginaw, MI.
Who funded LUTHERAN HOMES OF MICHIGAN INC recently?
In 2024, LUTHERAN HOMES OF MICHIGAN INC received grants from LUTHERAN HOMES OF MICHIGAN FOUNDATION, LUTHERAN HOMES OF MICHIGAN FOUNDATION, and EMMA STOWE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant LUTHERAN HOMES OF MICHIGAN INC received in 2024?
The largest grant to LUTHERAN HOMES OF MICHIGAN INC in 2024 exceeds $11 thousand.
What is LUTHERAN HOMES OF MICHIGAN INC’s reliance on government grants?
LUTHERAN HOMES OF MICHIGAN INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)