Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,726,769

• 1d · Related organizations

  $13,775,045

• 1e · Government grants (contributions)

  $1,554,643

• 1f · All other contributions, gifts and grants

  $5,110,775

• 1g · Noncash contributions included above

  $1,495,247

• 2a · Program service revenue: EDUCATION PROGRAMS

  total $11,575,270 · related or exempt $11,575,270

• 2b · Program service revenue: RESEARCH PROGRAMS

  total $2,025,547 · related or exempt $2,025,547

• 2c · Program service revenue: DEVELOPMENT PROGRAMS (COMMUNITY)

  total $200,016 · related or exempt $200,016

• 2d · Program service revenue: BEREAVEMENT

  total $199,613 · related or exempt $199,613

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $2,292,094 · excluded $2,292,094

• 5 · Royalties

  total $664,123 · excluded $664,123

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $36,417,226

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

  securities $34,160,484

• 7c · Gain or loss

  securities $2,256,742 · other assets $0

• 7d · Net gain or loss

  total $2,256,742 · excluded $2,256,742

• 8a · Fundraising events: gross income

  $153,367

• 8a · Fundraising events: contributions included on line 1c

  $1,726,769

• 8b · Fundraising events: direct expenses

  $355,021

• 8c · Net income from fundraising events

  total -$201,654 · excluded -$201,654

• 9a · Gaming: gross income

  $55,875

• 9b · Gaming: direct expenses

  $580

• 9c · Net income from gaming

  total $55,295 · excluded $55,295

• 10a · Gross sales of inventory

  $610,885

• 10b · Cost of goods sold

  $196,238

• 10c · Net income from sales of inventory

  total $414,647 · related or exempt $414,647

• 11a · Other revenue: ADMINISTRATIVE SERVICES

  total $9,226 · unrelated business $9,226

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $9,226

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,338,145 · program services $5,338,145

• 2 · Grants to domestic individuals

  total $437,703 · program services $437,703

• 11a · Fees: management

  total $9,315 · program services $7,008 · management and general $985 · fundraising $1,322

• 11b · Fees: legal

  total $12,694 · program services $8,698 · management and general $3,996

• 11c · Fees: accounting

  total $1,750 · management and general $1,750

• 11f · Fees: investment management

  total $260,115 · management and general $260,115

• 11g · Fees: other

  total $500,777 · program services $63,544 · management and general $0 · fundraising $437,233

• 12 · Advertising and promotion

  total $112,335 · program services $6,145 · fundraising $106,190

• 13 · Office expenses

  total $1,195,964 · program services $994,474 · management and general $79,563 · fundraising $121,927

• 14 · Information technology

  total $189,329 · program services $115,021 · management and general $3,996 · fundraising $70,312

• 15 · Royalties

  total $166,781 · program services $166,781

• 16 · Occupancy

  total $160,618 · program services $144,909 · management and general $15,709

• 17 · Travel

  total $291,481 · program services $252,113 · management and general $29,868 · fundraising $9,500

• 19 · Conferences, conventions and meetings

  total $150,699 · program services $132,150 · management and general $5,493 · fundraising $13,056

• 22 · Depreciation, depletion and amortization

  total $208,390 · program services $103,916 · management and general $104,474

• 23 · Insurance

  total $64,085 · program services $40,751 · management and general $20,405 · fundraising $2,929

• 24a · Other expenses: LEASED EMPLOYEES

  total $30,322,863 · program services $26,111,589 · management and general $2,508,831 · fundraising $1,702,443

• 24b · Other expenses: MEMBERSHIP, DUES & LICENSES

  total $213,596 · program services $204,043 · management and general $1,738 · fundraising $7,815

• 24c · Other expenses: RESIDENTS

  total $124,040 · program services $124,040

• 24e · All other expenses

  total $586,784 · program services $146,916 · management and general $431,080 · fundraising $8,788

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $150 · end of year $150

• 2 · Savings and temporary cash investments

  beginning of year $3,727,899 · end of year $3,499,763

• 3 · Pledges and grants receivable

  beginning of year $1,931,137 · end of year $480,879

• 4 · Accounts receivable

  beginning of year $573,711 · end of year $1,101,805

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $184,873 · end of year $84,991

• 10a · Land, buildings and equipment: cost or other basis

  $3,948,131

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,180,033

• 10c · Land, buildings and equipment, net

  beginning of year $910,918 · end of year $768,098

• 11 · Investments: publicly traded securities

  beginning of year $82,395,871 · end of year $91,048,416

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $7,587,498 · end of year $8,243,490

• 17 · Accounts payable and accrued expenses

  beginning of year $172,314 · end of year $99,253

• 18 · Grants payable

  beginning of year $413,480 · end of year $147,307

• 19 · Deferred revenue

  beginning of year $773,654 · end of year $135,670

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $3,938,746 · end of year $6,739,369

• 27 · Net assets without donor restrictions

  beginning of year $43,168,940 · end of year $49,085,571

• 28 · Net assets with donor restrictions

  beginning of year $48,844,923 · end of year $49,020,422

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION

ALL PERSONNEL SERVICES ARE PERFORMED BY EMPLOYEES OF GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II, PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO WHICH THE ORGANIZATION MAKES ANNUAL CONTRIBUTIONS. THESE CONTRIBUTIONS ARE AT RISK AND DO NOT BECOME VESTED AND PAYABLE UNLESS AND UNTIL THE INDIVIDUAL SATISFIES A SUBSTANTIAL FUTURE SERVICE REQUIREMENT. THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS MADE TO THE PLAN FOR CALENDAR YEAR 2024: JOHN CEELEN

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• GUNDERSEN LUTHERAN ENVISION LLC

  C CORPORATION · RENEWABLE ENERGY · WI

  Directly controlled by NA

• BEL-REGIONAL HOME MEDICAL INC

  C CORPORATION · DURABLE MEDICAL EQUIPMENT, RETAIL · WI

  Directly controlled by NA

• GUNDERSEN EDGE LLC

  C CORPORATION · INNOVATION · WI

  Directly controlled by NA

• BG ASSURANCE COMPANY

  C CORPORATION · SELF INSURANCE · CJ

  Directly controlled by NA