Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $220,064

• 1f · All other contributions, gifts and grants

  $4,720,321

• 1g · Noncash contributions included above

  $1,174,751

• 3 · Investment income

  total $1,960,036 · excluded $1,960,036

• 7a · Gross sales of assets other than inventory

  securities $13,896,943 · other assets $355,446

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

  securities $15,606,593 · other assets $356,946

• 7c · Gain or loss

  securities -$1,709,650 · other assets -$1,500

• 7d · Net gain or loss

  total -$1,711,150 · excluded -$1,711,150

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,855,654 · program services $4,855,654

• 7 · Other salaries and wages

  total $964,636 · fundraising $964,636

• 8 · Pension plan contributions

  total $11,730 · fundraising $11,730

• 9 · Other employee benefits

  total $71,824 · fundraising $71,824

• 10 · Payroll taxes

  total $71,585 · fundraising $71,585

• 11c · Fees: accounting

  total $5,565 · fundraising $5,565

• 11f · Fees: investment management

  total $270,755 · fundraising $270,755

• 11g · Fees: other

  total $37,971 · fundraising $37,971

• 12 · Advertising and promotion

  total $15,225 · fundraising $15,225

• 13 · Office expenses

  total $22,129 · fundraising $22,129

• 17 · Travel

  total $6,769 · fundraising $6,769

• 19 · Conferences, conventions and meetings

  total $1,270 · fundraising $1,270

• 24a · Other expenses: HOME CONVERSION PROGRAM

  total $18,988 · fundraising $18,988

• 24b · Other expenses: DONOR CULTIVATION

  total $8,220 · fundraising $8,220

• 24c · Other expenses: LICENSES, DUES, & MEMBE

  total $7,223 · fundraising $7,223

• 24d · Other expenses: SPECIAL FUNCTIONS FOOD

  total $5,076 · fundraising $5,076

• 24e · All other expenses

  total $6,144 · fundraising $6,144

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $746,494

• 4 · Accounts receivable

  beginning of year $68,684 · end of year $55,562

• 9 · Prepaid expenses and deferred charges

  beginning of year $19,431 · end of year $19,551

• 11 · Investments: publicly traded securities

  beginning of year $74,770,478 · end of year $82,187,545

• 15 · Other assets

  beginning of year $144,956 · end of year $247,162

• 17 · Accounts payable and accrued expenses

  beginning of year $94,229 · end of year $86,381

• 19 · Deferred revenue

  beginning of year $2,557,230 · end of year $0

• 25 · Other liabilities

  beginning of year $14,813,242 · end of year $14,797,374

• 27 · Net assets without donor restrictions

  beginning of year $34,496,985 · end of year $43,494,977

• 28 · Net assets with donor restrictions

  beginning of year $23,788,357 · end of year $24,131,088

The filer's explanations (Part III)

PART I, LINE 3

THE PARENT ORGANIZATION, LUTHERAN SENIOR SERVICES, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR.

PART I, LINE 4B

DEPOSITS MADE INTO ACCOUNTS BY ORGANIZATION: LISA NORWINE - SEC 457(B) PLAN - $20,000 CHAD SNEED - SEC 457(B) PLAN - $20,000 BRIAN REINHOLD - SEC 457(B) PLAN - $20,000 JOSH KING - SEC 457(B) PLAN - $20,000 VALERIE COOPER - SEC 457(B) PLAN - $20,000 COLLEEN BOTTENS - SEC 457(B) PLAN - $20,000 ADAM MARLES SEC 457(B) PLAN - $20,000 BEN CAFFEY SEC 457(B) PLAN - $10,000 MARYANNE WALLACE SEC 457(B) PLAN - $10,000 BETH RUSERT SEC 457(B) PLAN - $20,000 RON SCHAEFER SEC 457(B) PLAN - $20,000 LISA NORWINE - SEC 457(F) PLAN - $19,029 CHAD SNEED SEC 457(F) PLAN - $23,587 LISA WILLIAMS SEC 457(F) PLAN - $14,703 ADAM MARLES SEC 457(F) PLAN - $36,000 BETH RUSERT SEC 457(F) PLAN - $5,769 SEC 457(F) PLAN CONTRIBUTIONS ARE REPORTED IN THE BONUS/INCENTIVE COMPENSATION COLUMN OF SCH J. PAYMENTS RECEIVED FROM PLAN: LISA NORWINE - SEC 457(B) PLAN - $18,127 CHAD SNEED - SEC 457(B) PLAN - $2,487 BRIAN REINHOLD - SEC 457(B) PLAN - $10,027 JOSH KING - SEC 457(B) PLAN - $10,106 VALERIE COOPER - SEC 457(B) PLAN - $10,145 COLLEEN BOTTENS - SEC 457(B) PLAN - $9,942 BETH RUSERT SEC 457(F) PLAN - $6,174

SCHEDULE J PART II

LUTHERAN SENIOR SERVICES IS A LARGE COMPLEX ORGANIZATION THAT IS COMPRISED OF 12 SEPARATE LEGAL ENTITIES, EACH OF WHICH FILES ITS OWN TAX RETURN. DUE TO THE REQUIREMENTS FOR COMPLETING THESE 990'S (WHICH ARE FILED BY 10 OF THE 12 LSS ENTITIES), SOME OF THE INFORMATION CONTAINED WITHIN THE FORM, SUCH AS REVENUE AND EXPENSES, IS RELATED ONLY TO THAT PARTICULAR ENTITY. HOWEVER, SOME OF THE INFORMATION, SUCH AS EXECUTIVE COMPENSATION, RELATES TO THE ENTIRE ORGANIZATION. TO HELP MAKE THIS INFORMATION MORE MEANINGFUL, THE FOLLOWING PARAGRAPH PROVIDES A SUMMARY OF THE OVERALL OPERATIONS OF LSS. LUTHERAN SENIOR SERVICES IS A NOT FOR PROFIT ORGANIZATION OWNED BY 104 LUTHERAN CHURCHES AND WAS INITIALLY FOUNDED IN 1858. LUTHERAN SENIOR SERVICES OPERATES NINE SENIOR LIVING COMMUNITIES SERVING OVER 3,000 OLDER ADULTS, EIGHT AFFORDABLE HOUSING COMMUNITIES SERVING OVER 570 OLDER ADULTS AND A VARIETY OF IN HOME SERVICES PROGRAMS SERVING OVER 5,000 OLDER ADULTS. IN 2023, LSS HAD TOTAL OPERATING INCOME OF APPROXIMATELY $237,000,000, PROVIDED APPROXIMATELY $9,269,000 IN BENEVOLENT CARE, HAD NEARLY 44,800 VOLUNTEER HOURS AND EMPLOYED 15 CHAPLAINS.