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Organizations Health Care Luther Memorial Home Founders Fund

Luther Memorial Home Founders Fund

Fiscal year ending 2021. Filed on August 15, 2022.

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 2021 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 $30,000. The highest compensated employee at Luther Memorial Home Founders Fund is Larry Passel with fiscal year 2021 compensation of $30,000.

Revenue, expenses, and employee compensation

Revenue

$72,283

Expenses

$11,665

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Larry Passel
Administrator - PART YEAR
$30,000
$0 $30,000 No other comp
Murray Finger
Administrator
$0

Benchmark Employee Compensation

Non-Employee Board Members

Colleen Jacobs
Treasurer
Dennis Swenson
Vice Chair
Kevin Karau
Director
Robert Wright
Chair
Sherril Gustafson
Director

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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