Skip to content
Nonprofiteer
← REDEEMER EVANGELICAL LUTHERAN CHURCH OF BURNSVILLE FOUNDATION

Form 990 for tax year 2023

Filed by REDEEMER EVANGELICAL LUTHERAN CHURCH OF BURNSVILLE FOUNDATION.

Totals

Total revenue
$20,449
Total expenses
$57,316
Contributions and grants received
$370
Grants paid
$50,000
Program service revenue
$0
Investment income
$18,882
Other revenue
$1,197
Total assets, end of year
$648,563
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$648,563
Program services expenses (Part IX)
$57,316
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$57,316

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.

  • 1f · All other contributions, gifts and grants

    $370

  • 3 · Investment income

    total $33,713 · related or exempt $33,713

  • 7a · Gross sales of assets other than inventory

    securities $79,945

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

    securities $94,776

  • 7c · Gain or loss

    securities -$14,831

  • 7d · Net gain or loss

    total -$14,831 · related or exempt -$14,831

  • 11d · All other revenue

    total $1,197 · related or exempt $1,197

  • 11e · Other revenue, total

    $1,197

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000 · program services $50,000

  • 11c · Fees: accounting

    total $400 · program services $400

  • 11f · Fees: investment management

    total $6,721 · program services $6,721

  • 13 · Office expenses

    total $195 · program services $195

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,126 · end of year $7,663

  • 11 · Investments: publicly traded securities

    beginning of year $650,304 · end of year $612,400

  • 12 · Investments: other securities

    beginning of year $30,000 · end of year $28,500

  • 31 · Retained earnings, endowment or other funds

    beginning of year $685,430 · end of year $648,563

Mission and programs · 2023

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 $57,316 · Grants $50,000 · Revenue $20,449

As filed on the 2023 return.

Listed in Part VII

  • Dennis Waderich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Ronald Kasten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Kenneth Kothe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Ronald 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

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202441359349308034

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.