Nonprofit · EIN 42-0937127
LAKESIDE LUTHERAN HOME
Tax-exempt · EMMETSBURG, IA 50536
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,343,648 | $4,571,459 | -$227,811 | $3,093,525 | $1,568,233 | $1,525,292 |
| June 30, 2024 | 990 | $5,291,870 | $4,680,307 | $611,563 | $3,354,670 | $1,601,567 | $1,753,103 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $15,297
- Program service revenue
- $4,319,800
- Investment income
- $7,651
- Net rental income
- $900
- Other revenue
- $900
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,687,211
- Salaries, compensation and benefits (total)
- $3,176,754
- Professional fundraising fees
- $0
- Accounting fees
- $7,060
- Depreciation
- $132,449
- Program services (functional)
- $3,978,972
- Management and general (functional)
- $592,487
Balance sheet and other
- Total assets, start of year
- $3,354,670
- Total assets, end of year
- $3,093,525
- Total liabilities, end of year
- $1,568,233
- Net assets, end of year
- $1,525,292
- Land, buildings and equipment
- $2,366,246
- Net assets without donor restrictions
- $1,475,087
- Net assets with donor restrictions
- $50,205
- Gross receipts
- $4,343,648
- Employees
- 85
- Year formed
- 1968
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOAN BARBER | DIRECTOR Trustee or director | 1 | $0 |
| EDWIN BURDORF | DIRECTOR Trustee or director | 1 | $0 |
| MARK EVANS | DIRECTOR Trustee or director | 1 | $0 |
| KATHY MERRILL | DIRECTOR Trustee or director | 1 | $0 |
| PETER MORLOCK | DIRECTOR Trustee or director | 1 | $0 |
| JOHN WOLF | DIRECTOR Trustee or director | 1 | $0 |
| BILL KINNETZ | SECRETARY Officer | 2 | $0 |
| LARRY SONKSEN | VICE PRESIDE Officer | 2 | $0 |
| FRANK VELTRI | PRESIDENT Officer | 2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK EVANS | Director Trustee or director | 1 | $0 |
| FREDERICK MORLOCK | Director Trustee or director | 1 | $0 |
| LARRY SONKSEN | Vice President Trustee or director, Officer | 2 | $0 |
| JOHN WOLF | Director Trustee or director | 1 | $0 |
| JOAN BARBER | Director Trustee or director | 1 | $0 |
| BILL KINNETZ | Secretary Trustee or director, Officer | 1 | $0 |
| FRANK VELTRI | President Trustee or director, Officer | 2 | $0 |
| ED BURDORF | Director Trustee or director | 1 | $0 |
| KATHRYN MERRIL | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 301 N LAWLER ST, EMMETSBURG, IA 50536-1073
- Principal officer (990 for 2024)
- FRANK VELTRI, 301 N LAWLER, EMMETSBURG, IA 50536
- Signed the 990
- FRANK VELTRI, PRESIDENT
- Phone
- (712) 852-4060
- Website
- WWW.LAKESIDESENIORCARE.COM
- Return prepared by
- FORT & SCHLEGEL CPA PC
Mission
CARE OF THE AGED
Program accomplishments
- HEALTH CARE PROVIDED FOR NURSING HOME RESIDENTSExpenses $3,847,410 · revenue $4,343,697
- GENERAL AND MANAGEMENTExpenses $131,562
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0937127
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1961
- Accounting year ends
- June
- Files
- Not required (church)
- Category (NTEE)
- Human services (P750)
- Group exemption
- 9386: EVANGELICAL LUTHERAN CHURCH IN AMERICA
- Assets (IRS master file)
- $3,093,525
- Income (IRS master file)
- $4,343,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,343,648 | $4,571,459 | $3,093,525 | IRS |
| 990 | June 2024 | $5,291,870 | $4,680,307 | $3,354,670 | IRS |
| 990 | June 2023 | $3,771,566 | $4,292,121 | $2,875,330 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0937127).
Questions about LAKESIDE LUTHERAN HOME
- What is the EIN of LAKESIDE LUTHERAN HOME?
- The employer identification number (EIN) of LAKESIDE LUTHERAN HOME is 42-0937127.
- Is LAKESIDE LUTHERAN HOME tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Which annual return does LAKESIDE LUTHERAN HOME file?
- Form Not required (church). Churches are not required to file.
- When is the next return of LAKESIDE LUTHERAN HOME due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKESIDE LUTHERAN HOME last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKESIDE LUTHERAN HOME?
- The 990 for the year ended June 30, 2025 names FRANK VELTRI.
- Who are the officers and directors of LAKESIDE LUTHERAN HOME?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does LAKESIDE LUTHERAN HOME have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,343,648, expenses of $4,571,459 and total assets of $3,093,525 at year end.
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