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Organizations Thrivent Financial for Lutherans

Thrivent Financial for Lutherans

Fiscal year ending 2019. Filed on November 13, 2020.

600 Portland Ave S Msc 4200
Minneapolis, Minnesota 55415

Thrivent Financial for Lutherans (EIN: 39-0123480) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Thrivent Financial for Lutherans, a 501(c)(8) fraternal beneficiary society, reported compensation for 34 out of 8,415 total employees. Among the employees shown here, the average compensation is $1,423,764. The highest compensated employee at Thrivent Financial for Lutherans is Bradford Hewitt with fiscal year 2019 compensation of $7,870,120.

Revenue, expenses, and employee compensation

Revenue

$9,585,386,020

Expenses

$8,595,754,017

Employee compensation

$635,297,941
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bradford Hewitt
Former Chief Executive Officer
$7,870,120
$7,013,638 No related comp$856,482
Teresa Rasmussen
Chief Executive Officer
$4,454,697
$3,002,928 No related comp$1,451,769
David S Royal
Senior Vice President, Chief Investment Officer
$3,445,957
$2,508,714 No related comp$937,243
David C Francis
Vice President, Investment Equities
$3,186,352
$3,041,018 No related comp$145,334
Mark L Simenstad
Vice President, Chief Investment Strat.
$3,148,584
$2,488,036 No related comp$660,548
Eric W Bilger
Practice Developer
$2,810,085
$1,943,330 $827,594 $39,161
Paul Johnston
Senior Vice President, General Counsel and SEC
$2,720,432
$1,713,897 No related comp$1,006,535
Randall L Boushek
Senior Vice President, CFO and Treasurer
$2,562,003
$1,804,859 No related comp$757,144
Matthew Finn
Vice President, HEAD of Equity Funds
$2,442,626
$2,010,844 No related comp$431,782
Jim Thomsen
Senior Vice President (Former)
$2,215,121
$1,890,745 No related comp$324,376
Mike Fuehrmeyer
Financial Associate
$2,142,226
$1,785,502 No related comp$356,724
Vibhu Sharma
Senior Vice President, CFO and Treasurer
$2,096,641
$1,381,720 No related comp$714,921

Benchmark Employee Compensation

Non-Employee Board Members

Frederick M Kuhlmann
Director
$40,245
$36,696 No related comp$3,549

Contractors

Teksystems
IT Contractor
$2,950,389
Haworth Marketing Media
Advertising
$2,870,146
Pricewaterhousecoopers
Auditors
$2,410,400
The Ellig Group LLC
Executive Search
$1,032,723
Venable LLP
Legal Consultants
$1,032,723

Mission Statement

THRIVENT FINANCIAL FOR LUTHERANS IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION OF CHRISTIANS. FOR MORE THAN A CENTURY, ITS PURPOSE HAS BEEN TO SERVE ITS MEMBERS AND SOCIETY BY GUIDING BOTH TO BE WISE WITH MONEY AND LIVE GENEROUSLY. THRIVENT BELIEVES THAT ALL WE HAVE IS A GIFT FROM GOD AND THAT GENEROSITY IS AN EXPRESSION OF FAITH. THRIVENT SUCEEEDS WHEN ITS MEMBERS, THEIR FAMILIES, AND THEIR COMMUNITIES THRIVE. AS STATED IN ITS ARTICLES OF INCORPORATION, THRIVENT ENABLES MEMBERS THROUGH THEIR MEMBERSHIP TO AID THEMSELVES AND OTHERS IN THESE WAYS: * BY OFFERING PROGRAMS OF INSURANCE AND OTHER BENEFITS PERMISSIBLE UNDER THE LAWS GOVERNING FRATERNAL BENEFIT SOCIETIES. * THROUGH FRATERNAL AND BENEVOLENT ACTIVITIES IN LOCAL LODGES. * BY PROVIDING ASSISTANCE TO LUTHERAN AND OTHER CHRISTIAN COMMUNITIES AND THEIR INSTITUTIONS. * BY ASSISTING WITH OTHER LAWFUL ENDEAVORS AS THE BOARD OF DIRECTORS MAY DETERMINE, INCLUDING THOSE THAT ARE SOCIAL, INTELLECTUAL, EDUCATIONAL, CHARITABLE, BENEVOLENT, MOR

Revisions to this organization profile

November 13, 2025:
2024 Thrivent Financial for Lutherans 990 filed
November 14, 2024:
2023 Thrivent Financial for Lutherans 990 filed
November 12, 2023:
2022 Thrivent Financial for Lutherans 990 filed

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Thrivent Financial for Lutherans-Group
Minneapolis, Minnesota
Thrivent Financial for Lutherans Foundation
Minneapolis, Minnesota