ST JOHN'S LUTHERAN HOME

ST JOHN'S LUTHERAN HOME

Albert Lea, MN, US
501(c)(3)
EIN
41-0847708
Subordinate Organization

ST JOHN'S LUTHERAN HOME

Albert Lea, MN, US
501(c)(3)
EIN
41-0847708
Subordinate Organization

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$17,115,647

Program Services
96%
Other
2%
Investments
<1%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$18,982,100

Salaries & Benefits
60%
Other
15%
Depreciation
9%
Offices, Occupancy & IT
8%
Interest
7%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$18,615
$59,426
+219%
Government Grants
$3,160,958
$139,985
-96%
Fundraising Events
$0
$0
-
Program Services
$15,285,570
$16,380,064
+7%
Membership Dues
$0
$0
-
Investments
$114,691
$153,767
+34%
Other
$400,363
$382,405
-4%
Total Revenues
$18,980,197
$17,115,647
-10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$8,930,175
$11,312,160
+27%
Fees to Service Providers
$1,238,179
$278,074
-78%
Advertising & Promotion
$52,330
$43,505
-17%
Offices, Occupancy & IT
$2,173,028
$1,445,585
-33%
Interest
$1,553,105
$1,297,863
-16%
Depreciation
$1,671,787
$1,722,684
+3%
Other
$2,398,015
$2,882,229
+20%
Total Expenses
$18,016,619
$18,982,100
+5%
Net income
2023
2024
Change
Net income
+$963,578
-$1,866,453
-294%
Functional Expenses
Summary
2023
2024
Change
Program
$15,910,402
$16,914,777
+6%
Admin
$2,106,217
$2,067,323
-2%
Fundraising
$0
$0
-
Total Expenses
$18,016,619
$18,982,100
+5%
Income Statement
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