Form 990 for tax year 2025
Filed by LUTHERAN SERVICES IN IOWA CHARITABLE FOUNDATION INC.
Totals
- Total revenue
- $1,153,430
- Total expenses
- $772,408
- Contributions and grants received
- $840,297
- Grants paid
- $615,886
- Program service revenue
- $0
- Investment income
- $304,453
- Other revenue
- $8,680
- Total assets, end of year
- $12,249,638
- Total liabilities, end of year
- $12,249,638
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $615,886
- Management and general expenses
- $56,522
- Fundraising expenses
- $100,000
- Program service expenses (Part III)
- $615,886
Program services were 79.7% 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.
-
1f · All other contributions, gifts and grants
$840,297
-
3 · Investment income
total $304,867 · excluded $304,867
-
7a · Gross sales of assets other than inventory
securities $198,227
-
7b · Less cost or other basis and sales expenses
securities $198,641
-
7c · Gain or loss
securities -$414
-
7d · Net gain or loss
total -$414 · excluded -$414
-
11a · Other revenue: OTHER INCOME
total $8,680 · excluded $8,680
-
11e · Other revenue, total
$8,680
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $615,886 · program services $615,886
-
11a · Fees: management
total $15,000 · management and general $15,000
-
11c · Fees: accounting
total $7,302 · management and general $7,302
-
11e · Fees: professional fundraising services
total $100,000 · fundraising $100,000
-
11f · Fees: investment management
total $32,868 · management and general $32,868
-
24e · All other expenses
total $1,352 · management and general $1,352
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $66,097 · end of year $77,317
-
11 · Investments: publicly traded securities
beginning of year $9,815,208 · end of year $11,694,361
-
15 · Other assets
beginning of year $182,588 · end of year $477,960
-
17 · Accounts payable and accrued expenses
beginning of year $7,129 · end of year $8,156
-
25 · Other liabilities
beginning of year $10,056,764 · end of year $12,241,482
Mission and programs · 2025
Mission
THE MISSION OF LUTHERAN SERVICES IN IOWA CHARITABLE FOUNDATION, INC. (LSI FND) IS TO ACCEPT GIFTS FROM BEQUESTS, LIFE INSURANCE, AND OTHER RESTRICTED DONATIONS. THESE FUNDS ARE INVESTED BY LSI FND'S BOARD OF DIRECTORS WITH THE INVESTMENT EARNINGS USED FOR PERPETUAL FINANCIAL SUPPORT OF LSI IN PROVIDING SOCIAL MINISTRY SERVICES. THE MISSION STATEMENT OF LSI IS: LUTHERAN SERVICES IN IOWA RESPONDS TO THE LOVE OF JESUS CHRIST THROUGH COMPASSIONATE SERVICE.
Activities or mission (Part I)
SUPPORT LUTHERAN SERVICES IN IOWA, INC. TO PROVIDE SOCIAL MINISTRY SERVICES
-
PROVIDED FINANCIAL SUPPORT TO LSI AND THROUGH THAT FINANCIAL SUPPORT ASSIST LSI WITH ITS PURPOSE OF PROVIDING SOCIAL MINISTRY SERVICES TO CHILDREN, FAMILIES, AND OTHERS IN NEED OF SOCIAL ASSISTANCE. LSI IMPACTS THE LIVES OF THOUSANDS OF IOWANS ANNUALLY THROUGH RESIDENTIAL TREATMENT, SERVICES TO FAMILIES, EARLY CHILDHOOD PROGRAMS, ADOPTION/FOSTER CARE SERVICES, REFUGEE COMMUNITY SERVICES, AND SERVICES FOR PEOPLE WITH DISABILITIES. LSI SERVES PEOPLE OF ALL AGES, GENDERS, NATIONALITIES, RELIGIONS, ETHNICITIES AND SEXUAL ORIENTATIONS AND IS AFFILIATED WITH LUTHERAN SERVICES IN AMERICA AND THREE IOWA SYNODS OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA (ELCA).
Expenses $615,886 · Grants $615,886
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Folden DennisFOLDEN DENNIS
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Holmquist MarkHOLMQUIST MARK
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Akerberg ClintonAKERBERG CLINTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Bantz JoeBANTZ JOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Christensen TonyCHRISTENSEN TONY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ekhardt Rev BillEKHARDT REV BILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Fergus KatieFERGUS KATIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Halaas Bishop LornaHALAAS BISHOP LORNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Hamilton ScottHAMILTON SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Hultgren DavidHULTGREN DAVID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Mongan JodiMONGAN JODI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Patterson KlintonPATTERSON KLINTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Zellmer DarlaZELLMER DARLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Hardman ReneeHARDMAN RENEE
PRESIDENT/CEO
- Total calculated
- $270,684
- From this org
- $0
- From related orgs
- $242,116
- Other
- $28,568
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $242,116 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $17,122 related
- Nontaxable benefits
- $0 + $11,446 related
- Filer's total
- $0 + $270,684 related
-
Knief RoniKNIEF RONI
CFO
- Total calculated
- $143,923
- From this org
- $0
- From related orgs
- $135,578
- Other
- $8,345
- Hours/week
- 1 + 41 related
-
Wuertz NicholasWUERTZ NICHOLAS
VP OF PROGRAMS & STRATEGY
- Total calculated
- $109,272
- From this org
- $0
- From related orgs
- $101,892
- Other
- $7,380
- Hours/week
- 1 + 41 related
-
Dean DanielDEAN DANIEL
VP OF CAPACITY AND STRATEGY
- Total calculated
- $132,223
- From this org
- $0
- From related orgs
- $119,540
- Other
- $12,683
- Hours/week
- 1 + 41 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 3:
- LSI FND DOES NOT COMPENSATE ANY INDIVIDUALS AND AS SUCH HAS NO FORMAL COMPENSATION REVIEW PROCESS. THE COMPENSATION LISTED ON SCHEDULE J, PART II IS UNRELATED TO ANY SERVICES PERFORMED FOR THE BENEFIT OF LSI FND. LSI, THE RELATED PARTY, USES A WRITTEN EMPLOYMENT CONTRACT, A COMPENSATION SURVEY/STUDY AND APPROVAL BY ITS BOARD WHEN DETERMINING COMPENSATION FOR THE INDIVIDUAL LISTED ON SCHEDULE J, PART II.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$615,886
TO ASSIST WITH THE PROGRAM SERVICES OF LUTHERAN SERVICES IN IOWA, INC.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PROVIDE SOCIAL MINISTRY SERVICES TO COMMUNITIES THROUGHOUT IOWA · IA
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 13 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202642309349302749
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