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← REDEEMER EVANGELICAL LUTHERAN CHURCH OF BURNSVILLE FOUNDATION

Form 990 for tax year 2022

Filed by REDEEMER EVANGELICAL LUTHERAN CHURCH OF BURNSVILLE FOUNDATION.

Totals

Total revenue
$32,874
Total expenses
$9,054
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$32,874
Other revenue
$0
Total assets, end of year
$685,430
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$685,430
Program services expenses (Part IX)
$9,054
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$9,054

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $45,105 · related or exempt $45,105

  • 7a · Gross sales of assets other than inventory

    securities $160,709

  • 7b · Less cost or other basis and sales expenses

    securities $172,940

  • 7c · Gain or loss

    securities -$12,231

  • 7d · Net gain or loss

    total -$12,231 · related or exempt -$12,231

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $500 · program services $500

  • 11f · Fees: investment management

    total $7,211 · program services $7,211

  • 13 · Office expenses

    total $1,343 · program services $1,343

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,968 · end of year $5,126

  • 11 · Investments: publicly traded securities

    beginning of year $624,642 · end of year $650,304

  • 12 · Investments: other securities

    beginning of year $30,000 · end of year $30,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $661,610 · end of year $685,430

Mission and programs · 2022

Mission

TO PROMOTE CONFESSIONAL LUTHERAN THEOLOGY, RESEARCH, AND EDUCATION.

  • REDEEMER EVANGELICAL LUTHERAN CHURCH OF BURNSVILLE FOUNDATION (REDEEMER), SETS FORTH FOR THE PURPOSE OF PROMOTING CONFESSIONAL LUTHERAN THEOLOGY BY BEING ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUATIONAL, AND RELIGIOUS PURPOSES. REDEEMER WISHES TO ASSIST THOSE WHO ARE OVERLOOKED BY ESTABLISHED CONVENTIONAL RELIGIOUS ORGANIAZATIONS FOCUSING ON POPULAR OR SENSATIONAL PROJECTS. REDEEMER SEEKS TO ASSIST THOSE WHO ARE BEGINNING THEIR MINISTRY, STRUGGLING TO MAINTAIN AND/OR INDEPENDENTLY PROMOTING MISSION PROJECTS CONSISTENT WITH CONFESSIONAL LUTHERAN THEOLOGY. THESE INDIVIDUALS OR ENTITIES WILL INCLUDE BUT NOT BE LIMITED TO CHAPLAINS, SMALL CONGREGATIONS IN NEED OF A PASTOR, RADIO MINISTRY AND ASSISTING IN ESTABLISHING MISSIONS. REDEEMER WILL ACCOMPLISH THIS THROUGH CONDUCTING PROGRAMS TO EDUCATE AND ASSIST THOSE INDIVIDUALS OR ORGANIZATION BY PROVIDING FUNDING, IN ESSENCE GRANTS AND/OR OTHER DISTRIBUTIONS.

    Expenses $9,054 · Revenue $32,874

As filed on the 2022 return.

Listed in Part VII

  • Kenneth Kothe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • Dennis Waderich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • Ron Sprengeler

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5
  • Charles Deutschmann

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202301359349317895

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