Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $92,839

• 1d · Related organizations

  $5,826,695

• 1e · Government grants (contributions)

  $326,917

• 2a · Program service revenue: LIFE PLAN COMMUNITIES REVENUE

  total $216,896,442 · related or exempt $216,896,442

• 2b · Program service revenue: HOME COMMUNITY BASED SERVICES REV

  total $8,959,005 · related or exempt $8,959,005

• 2c · Program service revenue: AMORTIZATION OF ENTRANCE FEES

  total $8,422,610 · related or exempt $8,422,610

• 2d · Program service revenue: PACE

  total $4,955,053 · related or exempt $4,955,053

• 2e · Program service revenue: HOME HEALTH

  total $3,341,862 · related or exempt $3,341,862

• 2f · All other program service revenue

  total -$7,870,847 · related or exempt -$7,870,847

• 3 · Investment income

  total $5,363,181 · excluded $5,363,181

• 4 · Income from investment of tax-exempt bond proceeds

  total $2,120,816 · excluded $2,120,816

• 6a · Gross rents

  real property $255,045

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $255,045

• 6d · Net rental income or loss

  total $255,045 · excluded $255,045

• 7a · Gross sales of assets other than inventory

  securities $168,055,881

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

  securities $163,934,991

• 7c · Gain or loss

  securities $4,120,890

• 7d · Net gain or loss

  total $4,120,890 · excluded $4,120,890

• 10a · Gross sales of inventory

  $109,882

• 10b · Cost of goods sold

  $231,928

• 10c · Net income from sales of inventory

  total -$122,046 · excluded -$122,046

• 11a · Other revenue: BARBER AND BEAUTY

  total $795,012 · excluded $795,012

• 11b · Other revenue: GARAGE FEES

  total $227,039 · excluded $227,039

• 11c · Other revenue: GUEST ROOM

  total $191,168 · excluded $191,168

• 11d · All other revenue

  total $612,136 · excluded $612,136

• 11e · Other revenue, total

  $1,825,355

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $18,293 · program services $18,293

• 5 · Compensation of officers, directors and key employees

  total $4,712,387 · management and general $4,712,387

• 7 · Other salaries and wages

  total $120,864,367 · program services $107,008,038 · management and general $13,856,329

• 8 · Pension plan contributions

  total $1,180,269 · program services $1,180,269

• 9 · Other employee benefits

  total $13,884,808 · program services $12,744,494 · management and general $1,140,314

• 10 · Payroll taxes

  total $9,021,069 · program services $8,070,429 · management and general $950,640

• 11b · Fees: legal

  total $1,732,036 · program services $23,752 · management and general $1,708,284

• 11c · Fees: accounting

  total $348,295 · program services $54,921 · management and general $293,374

• 11d · Fees: lobbying

  total $10,010 · management and general $10,010

• 11f · Fees: investment management

  total $389,211 · management and general $389,211

• 11g · Fees: other

  total $20,737,880 · program services $18,929,640 · management and general $1,808,240

• 12 · Advertising and promotion

  total $486,983 · program services $224,027 · management and general $262,956

• 13 · Office expenses

  total $10,182,281 · program services $9,349,650 · management and general $832,631

• 14 · Information technology

  total $3,812,411 · program services $3,346,713 · management and general $465,698

• 16 · Occupancy

  total $12,089,740 · program services $10,921,449 · management and general $1,168,291

• 17 · Travel

  total $1,257,580 · program services $937,874 · management and general $319,706

• 19 · Conferences, conventions and meetings

  total $76,183 · program services $23,123 · management and general $53,060

• 20 · Interest

  total $20,002,601 · program services $12,901,927 · management and general $7,100,674

• 22 · Depreciation, depletion and amortization

  total $35,044,522 · program services $34,277,272 · management and general $767,250

• 23 · Insurance

  total $5,319,230 · program services $5,094,039 · management and general $225,191

• 24a · Other expenses: DIETARY

  total $9,916,805 · program services $9,855,153 · management and general $61,652

• 24b · Other expenses: UNRECOVERED COST BASIS

  total $3,630,274 · program services $3,550,795 · management and general $79,479

• 24c · Other expenses: ACCRUED INTEREST EXPENS

  total $1,223,119 · program services $1,223,119

• 24d · Other expenses: PHARMACY EXPENSES

  total $906,869 · program services $906,869

• 24e · All other expenses

  total $1,227,658 · program services $931,260 · management and general $296,398

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $357,642 · end of year $139,269

• 2 · Savings and temporary cash investments

  beginning of year $70,156,864 · end of year $25,441,077

• 4 · Accounts receivable

  beginning of year $9,367,685 · end of year $12,120,222

• 7 · Other notes and loans receivable

  beginning of year $3,367,127 · end of year $4,574,832

• 8 · Inventories for sale or use

  beginning of year $655,375 · end of year $630,492

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,131,536 · end of year $4,097,644

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

  $896,508,307

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

  $420,918,215

• 10c · Land, buildings and equipment, net

  beginning of year $469,702,615 · end of year $475,590,092

• 11 · Investments: publicly traded securities

  beginning of year $211,903,397 · end of year $300,881,957

• 12 · Investments: other securities

  beginning of year $1,009,856 · end of year $1,067,269

• 13 · Investments: program-related

  beginning of year $449,406 · end of year $69,487,289

• 14 · Intangible assets

  beginning of year $453,000 · end of year $4,446,920

• 15 · Other assets

  beginning of year $1,087,146 · end of year $442,127

• 17 · Accounts payable and accrued expenses

  beginning of year $42,537,045 · end of year $40,244,020

• 19 · Deferred revenue

  beginning of year $45,634,808 · end of year $49,066,138

• 20 · Tax-exempt bond liabilities

  beginning of year $471,412,600 · end of year $457,326,332

• 21 · Escrow or custodial account liability

  beginning of year $66,791 · end of year $45,082

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $37,905,000

• 25 · Other liabilities

  beginning of year $338,706,075 · end of year $368,259,424

• 27 · Net assets without donor restrictions

  beginning of year -$126,715,670 · end of year -$87,852,210

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $33,925,404

The filer's explanations (Part III)

PART I, LINE 4B

DEPOSITS MADE INTO ACCOUNTS BY ORGANIZATION: LISA NORWINE - SEC 457(F) PLAN - $25,065 CHAD SNEED SEC 457(F) PLAN - $25,697 RON SCHAEFER SEC 457(F) PLAN - $24,909 ADAM MARLES SEC 457(F) PLAN - $43,721

SCHEDULE J PART II

LUTHERAN SENIOR SERVICES IS A LARGE COMPLEX ORGANIZATION THAT IS COMPRISED OF 15 SEPARATE LEGAL ENTITIES, SOME OF WHICH FILE THEIR OWN TAX RETURNS. THE OTHERS ARE DISREGARDED ENTITIES INCLUDED IN THE LUTHERAN SENIOR SERVICES TAX RETURN. DUE TO THE REQUIREMENTS FOR COMPLETING THESE 990'S (WHICH ARE FILED BY 11 OF THE 15 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 TWELVE SENIOR LIVING COMMUNITIES SERVING OVER 3,000 OLDER ADULTS, NINE AFFORDABLE HOUSING COMMUNITIES SERVING OVER 570 OLDER ADULTS AND A VARIETY OF IN HOME SERVICES PROGRAMS SERVING OVER 5,000 OLDER ADULTS. IN 2024, LSS HAD TOTAL OPERATING INCOME OF APPROXIMATELY $295,000,000, PROVIDED APPROXIMATELY 24,000,00 IN BENEVOLENT CARE, HAD NEARLY 39,496 VOLUNTEER HOURS AND EMPLOYED 20 CHAPLAINS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• DUNN ROAD MANOR LIHTC GP LLC

  DEVELOPMENT & MGMT OF SENIOR LIVING FACILITIES · MO · income -$23 · assets $494

  Directly controlled by LUTHERAN SENIOR SERVICES

• MACKENZIE PLACE LIHTC GP LLC

  DEVELOPMENT & MGMT OF SENIOR LIVING FACILITIES · MO · income -$23 · assets $349

  Directly controlled by LUTHERAN SENIOR SERVICES

• ST LOUIS HOME HEALTH LLC

  HOME HEALTH · MO · income $3,343,885 · assets $3,201,004

  Directly controlled by LUTHERAN SENIOR SERVICES

• PRIME ACQUISITIONS LLC DBA NEW HORIZONS PACE

  PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY · MO · income $4,955,064 · assets $2,455,232

  Directly controlled by LUTHERAN SENIOR SERVICES

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• MACKENZIE PLACE LIHTC LP LLC

  RELATED · DEVELOPMENT & MANAGEMENT OF SENIOR LIVING FACILITIES · MO · 0.01% owned · share of income -$23 · share of assets $349 · general or managing partner

  Directly controlled by LUTHERAN SENIOR SERVICES

• DUNN ROAD MANOR LIHTC LP LLC

  RELATED · DEVELOPMENT & MANAGEMENT OF SENIOR LIVING FACILITIES · MO · 0.01% owned · share of income -$23 · share of assets $494 · general or managing partner

  Directly controlled by LUTHERAN SENIOR SERVICES

• CROSSROADS LIVING LIHTC LP

  RELATED · DEVELOPMENT & MANAGEMENT OF SENIOR LIVING FACILITIES · MO · 0.01% owned · general or managing partner

  Directly controlled by LUTHERAN SENIOR SERVICES