Luther Crest Inc.

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “To provide elderly or disabled persons with housing facilities and services specially designed to meet their physical, social and psychological needs, and to promote their health, security, happiness and usefulness in longer living.”.

When referring to its responsibilities, they were outlined as: “Provide affordable housing for low-income senior citizens.”.

• The state in which the non-profit is legally registered to operate is IA, as per legal records.
• According to the non-profit's form, they have 0 employees on their payroll as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are between $250,000 and $500,000.
• Revenue is between $250,000 and $500,000.
• Revenue less expenses is -$96,752.
• The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
• The organization has a written policy that delegates the management duties.
• The organization elects its board members.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 13 independent voting members.
• The organization was formed in 1999.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule O.
• The organization pays $117,551 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization's financial statements were reviewed by an accountant.