Nonprofits›Endowment 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