NonprofitsEndowment Fund Of The Solvang Lutheran Home

Health Care

Endowment Fund Of The Solvang Lutheran Home

SOLVANG, CA

Total revenue

$988K

Total expenses

$314K

Net assets

$10.4M

Grants received

EIN

770153001

Tax year

2024

Mission

The specific purpose of this corporation is to procure, manage and invest donations to the endowment fund in order to extend financial assistance for the operatrion, maintenance,improvement and expansion of the solvang lutheran home, inc. For current residents, while preserving and growing the corpus to benefit both current and future residents.

Financials

FY 2024

Revenue

Contributions & grants$6K
Program service revenue
Investment income$921K
Other revenue$61K
Total revenue$988K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$314K
Total expenses$314K
Total assets$10.4M
Net assets$10.4M

People

7 listed

NameRoleCompensation

TOM OLMSTEAD

Director

Board

5 hrs/wk

BARBARA WAER

Secretary

Board

5 hrs/wk

MIKE SGOBBA

Vice President

Board

5 hrs/wk

BILL CIRONE

President

Board

5 hrs/wk

MARTHA NEDEGAARD

Director

Board

5 hrs/wk

JANET OLIVERA

Director

Board

5 hrs/wk

MARIA FAZIO

Director

Board

5 hrs/wk

Details

EIN770153001
NTEE codeE91I
Subsection03
Ruling date1987-09
Formed1988
Employees0
ENDOWMENT FUND OF THE SOLVANG LUTHERAN HOME — Mission, Financials & Grants Received | Grantivo