Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $65,072

• 1c · Fundraising events

  $162,480

• 1e · Government grants (contributions)

  $95,351,528

• 1f · All other contributions, gifts and grants

  $5,634,312

• 1g · Noncash contributions included above

  $322,055

• 2a · Program service revenue: PROGRAM SERVICE FEES

  total $24,673,236 · related or exempt $24,673,236

• 3 · Investment income

  total $213,089 · excluded $213,089

• 6a · Gross rents

  real property $31,004

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $31,004

• 6d · Net rental income or loss

  total $31,004 · excluded $31,004

• 7a · Gross sales of assets other than inventory

  other assets $467,226

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

  other assets $34,529

• 7c · Gain or loss

  other assets $432,697

• 7d · Net gain or loss

  total $432,697 · excluded $432,697

• 8a · Fundraising events: gross income

  $150,509

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

  $162,480

• 8b · Fundraising events: direct expenses

  $150,509

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: MGMT EXPENSE REIMBURSE

  total $1,355,547 · related or exempt $1,355,547

• 11b · Other revenue: MISCELLANEOUS

  total $459,785 · excluded $459,785

• 11c · Other revenue: INCENTIVE PAYMENTS

  total $43,414 · excluded $43,414

• 11e · Other revenue, total

  $1,858,746

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,374,056 · program services $2,374,056

• 5 · Compensation of officers, directors and key employees

  total $657,772 · management and general $657,772

• 7 · Other salaries and wages

  total $69,222,925 · program services $61,914,821 · management and general $5,972,638 · fundraising $1,335,466

• 8 · Pension plan contributions

  total $1,241,507 · program services $1,112,072 · management and general $104,334 · fundraising $25,101

• 9 · Other employee benefits

  total $10,140,531 · program services $9,208,712 · management and general $736,965 · fundraising $194,854

• 10 · Payroll taxes

  total $5,280,038 · program services $4,681,167 · management and general $510,802 · fundraising $88,069

• 11b · Fees: legal

  total $156,072 · program services $79,954 · management and general $76,118

• 11c · Fees: accounting

  total $469,873 · program services $41,884 · management and general $427,989

• 11d · Fees: lobbying

  total $123,353 · fundraising $123,353

• 11g · Fees: other

  total $16,949,043 · program services $16,411,893 · management and general $432,660 · fundraising $104,490

• 12 · Advertising and promotion

  total $420,119 · program services $353,943 · management and general $66,176

• 13 · Office expenses

  total $1,501,390 · program services $1,191,986 · management and general $261,185 · fundraising $48,219

• 16 · Occupancy

  total $5,983,969 · program services $5,245,988 · management and general $652,371 · fundraising $85,610

• 17 · Travel

  total $3,071,988 · program services $2,920,345 · management and general $111,901 · fundraising $39,742

• 20 · Interest

  total $197,081 · program services $102,007 · management and general $82,114 · fundraising $12,960

• 22 · Depreciation, depletion and amortization

  total $733,802 · program services $603,234 · management and general $126,016 · fundraising $4,552

• 24a · Other expenses: REPAIRS & MAINTENANCE

  total $2,386,344 · program services $1,709,370 · management and general $662,911 · fundraising $14,063

• 24b · Other expenses: COMMUNICATIONS

  total $961,887 · program services $850,462 · management and general $102,350 · fundraising $9,075

• 24c · Other expenses: OTHER OPERATING

  total $836,398 · program services $545,752 · management and general $261,921 · fundraising $28,725

• 24d · Other expenses: NON-CAPITAL EQUIPMENT

  total $521,623 · program services $452,546 · management and general $69,077

• 24e · All other expenses

  total $650,829 · program services $275,438 · management and general $367,791 · fundraising $7,600

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $17,486,826 · end of year $22,920,272

• 9 · Prepaid expenses and deferred charges

  beginning of year $265,219 · end of year $576,946

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

  $14,586,492

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

  $9,210,399

• 10c · Land, buildings and equipment, net

  beginning of year $3,904,942 · end of year $5,376,093

• 11 · Investments: publicly traded securities

  beginning of year $13,670,030 · end of year $9,012,137

• 15 · Other assets

  beginning of year $44,209,678 · end of year $43,808,745

• 17 · Accounts payable and accrued expenses

  beginning of year $17,493,494 · end of year $17,647,432

• 19 · Deferred revenue

  beginning of year $1,342,571 · end of year $1,157,389

• 25 · Other liabilities

  beginning of year $28,740,005 · end of year $27,723,711

• 27 · Net assets without donor restrictions

  beginning of year $18,697,962 · end of year $21,739,352

• 28 · Net assets with donor restrictions

  beginning of year $13,262,663 · end of year $13,426,309

The filer's explanations (Part III)

PART I, LINE 1A

MARK STUTRUD, CEO OF LSSI, BELONGS TO "THE FUTURE'S GROUP," A GROUP OF CEOS OF LUTHERAN FAITH-BASED NON-PROFIT ORGANIZATIONS WHICH MEETS PERIODICALLY TO DISCUSS STRATEGIC BUSINESS ISSUES. THE TRAVEL COSTS OF THE CEO, RELATED TO THESE MEETINGS, ARE PAID BY EACH OF THE PARTICIPATING ORGANIZATIONS. HE ALSO HAS ONE MEMBERSHIP IN A SOCIAL CLUB.

PART I, LINE 4B

MARK STUTRUD, CEO OF LSSI, IS ENTITLED TO BENEFITS UNDER A 457F PLAN MAINTAINED BY LSSI. DURING FY25, THE AMOUNT ACCRUED AND VESTED WAS $44,979.

Related corporations and trusts

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

• LSSI ROCKFORD PROPERTY INC

  C · INVESTMENT · IL · 100% owned · share of assets $2,890,433 · controlled entity

  Directly controlled by LUTHERAN SOCIAL SERVICES OF ILLINOIS