Overview

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Est.

1892

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LUTHERAN HOMES OF MICHIGAN INC is a nonprofit focused on nursing homes, with a mission to engage people as they experience and embrace their God-given potential, motivated by Christ’s love. For filing year 2024, it reported an operating budget of $38.9M and total revenue of $36M, with major support from LUTHERAN HOMES OF MICHIGAN FOUNDATION, MICHIGAN HEALTH ENDOWMENT FUND, and EMMA STOWE TRUST.

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

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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
3
Median grant size
$5.5K
Largest grant received
$11K
D
David M Gehm
Board Member
K
Karen Storck
Board Member
C
Carl Schoenow
Board Member
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  • 11 funders
  • 61 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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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, EMMA STOWE TRUST, and G & H BIERLEIN CHARITABLE 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.