Skip to content
Nonprofiteer
← LUTHERAN CENTER CORPORATION

Form 990 for tax year 2023

Filed by LUTHERAN CENTER CORPORATION.

Totals

Total revenue
$755,688
Total expenses
$973,582
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$663,656
Investment income
$42,030
Other revenue
$50,002
Total assets, end of year
$6,677,067
Total liabilities, end of year
$218,906
Net assets or fund balances, end of year
$6,458,161
Program services expenses (Part IX)
$926,490
Management and general expenses
$47,092
Fundraising expenses
$0
Program service expenses (Part III)
$926,490

Program services were 95.2% 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.

  • 2a · Program service revenue: REIMBURSEMENTS

    total $663,656 · related or exempt $663,656

  • 3 · Investment income

    total $42,030 · excluded $42,030

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $50,002 · excluded $50,002

  • 11e · Other revenue, total

    $50,002

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $39,918 · management and general $39,918

  • 11f · Fees: investment management

    total $1,290 · management and general $1,290

  • 11g · Fees: other

    total $35,010 · program services $35,010

  • 13 · Office expenses

    total $17,269 · program services $13,250 · management and general $4,019

  • 14 · Information technology

    total $10,000 · program services $10,000

  • 16 · Occupancy

    total $89,557 · program services $89,557

  • 22 · Depreciation, depletion and amortization

    total $291,703 · program services $291,703

  • 23 · Insurance

    total $21,075 · program services $19,210 · management and general $1,865

  • 24a · Other expenses: PROPERTY MANAGEMENT

    total $363,733 · program services $363,733

  • 24b · Other expenses: REPAIRS

    total $85,950 · program services $85,950

  • 24c · Other expenses: FINANCING AND FRANCHISI

    total $15,954 · program services $15,954

  • 24e · All other expenses

    total $2,123 · program services $2,123

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,020,925 · end of year $1,743,405

  • 4 · Accounts receivable

    beginning of year $213,726 · end of year $125,366

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,479 · end of year $29,718

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

    $11,075,739

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

    $6,635,097

  • 10c · Land, buildings and equipment, net

    beginning of year $4,326,232 · end of year $4,440,642

  • 11 · Investments: publicly traded securities

    beginning of year $285,981 · end of year $299,280

  • 15 · Other assets

    beginning of year $0 · end of year $38,656

  • 17 · Accounts payable and accrued expenses

    beginning of year $263,564 · end of year $180,960

  • 25 · Other liabilities

    beginning of year $0 · end of year $37,946

  • 27 · Net assets without donor restrictions

    beginning of year $6,623,779 · end of year $6,458,161

Mission and programs · 2023

Mission

TO CARRY OUT THE CHARITABLE PURPOSES OF LUTHERAN IMMIGRATION & REFUGEE SVC (LIRS) AND LUTHERAN WORLD RELIEF (LWR) BY OPERATING THE LUTHERAN CENTER. THE PRIMARY PURPOSE OF THE LCC IS TO MAINTAIN AND OPERATE THE LUTHERAN CENTER, WHICH PROVIDES OFFICE SPACE FOR LIRS AND LWR.

Activities or mission (Part I)

PROVIDE OFFICE SPACE FOR VARIOUS LUTHERAN AND AFFILIATED CHARITABLE ORGANIZATIONS.

  • THE MAIN FUNCTION OF LCC IS TO MAINTAIN AND OPERATE THE LUTHERAN CENTER IN BALTIMORE, MARYLAND. THE LUTHERAN CENTER PROVIDES OFFICE SPACE FOR THE HEADQUARTERS OF LUTHERAN IMMIGRATION AND REFUGEE SERVICE AND LUTHERAN WORLD RELIEF.

    Expenses $926,490 · Revenue $663,656

As filed on the 2023 return.

Listed in Part VII

  • Daniel Speckhard

    PRESIDENT, TREASURER

    Total calculated
    $602,850
    From this org
    $0
    From related orgs
    $523,342
    Other
    $79,508
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $523,342 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $52,500 related
    Nontaxable benefits
    $0 + $27,008 related
    Filer's total
    $0 + $602,850 related

  • Krish Vignarajah

    VICE PRESIDENT, SECRETARY

    Total calculated
    $642,967
    From this org
    $0
    From related orgs
    $602,375
    Other
    $40,592
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $502,068 related
    Bonus
    $0 + $100,307 related
    Other
    $0
    Deferred
    $0 + $26,948 related
    Nontaxable benefits
    $0 + $13,644 related
    Filer's total
    $0 + $642,967 related

  • Hans Mayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amsalu Geleta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kirk Howard Betts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joann Theys

    ASST. TREASURER (FORMER)

    Total calculated
    $179,780
    From this org
    $0
    From related orgs
    $175,024
    Other
    $4,756
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,024 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $4,375 related
    Nontaxable benefits
    $0 + $381 related
    Filer's total
    $0 + $179,780 related

  • Andrew Pepito

    ASSISTANT TREASURER

    Total calculated
    $314,665
    From this org
    $0
    From related orgs
    $287,756
    Other
    $26,909
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $244,999 related
    Bonus
    $0 + $42,757 related
    Other
    $0
    Deferred
    $0 + $24,459 related
    Nontaxable benefits
    $0 + $2,450 related
    Filer's total
    $0 + $314,665 related

  • Geri Odonoghue

    ASSISTANT SECRETARY

    Total calculated
    $267,302
    From this org
    $0
    From related orgs
    $223,896
    Other
    $43,406
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,499 related
    Bonus
    $0 + $18,397 related
    Other
    $0
    Deferred
    $0 + $20,905 related
    Nontaxable benefits
    $0 + $22,501 related
    Filer's total
    $0 + $267,302 related

  • Mark Moyer

    ASSISTANT TREASURER

    Total calculated
    $92,524
    From this org
    $0
    From related orgs
    $81,731
    Other
    $10,793
    Hours/week
    1 + 50 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

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

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 October 2024
IRS schema version
2023v5.1
Source object
202412899349302006

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.