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Organizations Health Care Luther Memorial Home Founders Fund

Luther Memorial Home Founders Fund

Fiscal year ending 2020. Filed on August 16, 2021.

221 SW Sixth Street
Madelia, Minnesota 56062

Luther Memorial Home Founders Fund (EIN: 41-1472019) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Luther Memorial Home Founders Fund, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $46,079. The highest compensated employee at Luther Memorial Home Founders Fund is Larry Passel Started 1220 with fiscal year 2020 compensation of $49,846.

Revenue, expenses, and employee compensation

Revenue

$92,334

Expenses

$23,042

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Larry Passel Started 1220
Administrator (AS of 1/2/20)
$49,846
$0 No related comp$49,846
Dawn Campbell
Administrator (Thru 6/13/19)
$42,312
$0 No related comp$42,312

Benchmark Employee Compensation

Non-Employee Board Members

Colleen Jacobs
Treasurer
Dennis Swenson
Director
Kevin Karau
Vice Chair
Mary Ward
Secretary
Robert Wright
Chair

Mission Statement

THE LUTHER MEMORIAL HOME FOUNDERS FUND MANAGES AND ADMINISTERS THE ENDOWMENTS OF LUTHER MEMORIAL HOME, WHICH IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

Revisions to this organization profile

August 20, 2025:
2024 Luther Memorial Home Founders Fund 990 filed
August 15, 2024:
2023 Luther Memorial Home Founders Fund 990 filed
August 15, 2023:
2022 Luther Memorial Home Founders Fund 990 filed

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