Nonprofit · EIN 46-0422866
EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION
Tax-exempt · SIOUX FALLS, SD 57117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,218,982 | $9,507,010 | $711,972 | $102,208,723 | $1,320,689 | $100,888,034 |
| December 31, 2023 | 990 | $6,014,208 | $8,022,373 | -$2,008,165 | $94,710,582 | $1,706,985 | $93,003,597 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,209,870
- Program service revenue
- $0
- Investment income
- $6,008,550
- Net gain from sales of assets
- $2,067,414
- Other revenue
- $562
Expenses
- Grants and similar amounts paid
- $9,507,010
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,225
- Occupancy
- $27,338
- Travel
- $2,253
- Program services (functional)
- $9,507,010
Balance sheet and other
- Total assets, start of year
- $94,710,582
- Total assets, end of year
- $102,208,723
- Total liabilities, end of year
- $1,320,689
- Net assets, end of year
- $100,888,034
- Publicly traded securities
- $100,943,054
- Net assets without donor restrictions
- $76,354,630
- Net assets with donor restrictions
- $24,533,404
- Gross receipts
- $15,104,894
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1992
- State of legal domicile
- MN
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BILL GASSEN | TRUSTEE, PRESIDENT & CEO Trustee or director, Officer | 0.75 | $0 | $4,414,119 | $585,241 |
| SCOTT WOOTEN | EVP, CFO (END 4/24) Officer | 0.75 | $0 | $2,525,208 | $51,220 |
| NICK OLSON | EVP, CFO (BEG 4/24) Officer | 0.75 | $0 | $1,047,876 | $123,386 |
| BILL MARLETTE | INTERIM, EVP, CFO (END 1/24) Officer | 0.75 | $0 | $894,301 | $275 |
| DEB KOSKI | CHIEF PHILANTHROPY OFFICER Key employee | 12 | $0 | $485,983 | $48,491 |
| ANDY NORTH | TRUSTEE, SECRETARY, INDEP CONTRACTOR Trustee or director, Officer | 0.02 | $0 | $379,383 | $0 |
| MICHELLE BRUHN | FORMER EVP, CFO & TREASURER Former | 0 | $0 | $293,725 | $0 |
| LAURIS MOLBERT | TRUSTEE, CHAIRPERSON Trustee or director, Officer | 0.02 | $0 | $107,199 | $0 |
| BRENT TEIKEN | TRUSTEE Trustee or director | 0.02 | $0 | $84,246 | $0 |
| JAMES CAIN | TRUSTEE, TREASURER Trustee or director, Officer | 0.02 | $0 | $81,651 | $0 |
| MARNIE HERMANN | TRUSTEE, VICE CHAIR Trustee or director, Officer | 0.02 | $0 | $80,382 | $0 |
| NEIL GULSVIG | TRUSTEE, PAST CHAIR Trustee or director, Officer | 0.02 | $0 | $80,055 | $0 |
| MARK LUNDEEN MD | TRUSTEE Trustee or director | 0.02 | $0 | $80,000 | $0 |
| DAVID SHULKIN | TRUSTEE Trustee or director | 0.02 | $0 | $79,826 | $0 |
| STEPHANIE HERSETH SANDLIN | TRUSTEE Trustee or director | 0.02 | $0 | $78,750 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| WESLEY ENGBRECHT | TRUSTEE Trustee or director | 0.02 | $0 | $77,594 |
| DANA DYKHOUSE | TRUSTEE Trustee or director | 0.02 | $0 | $76,727 |
| DON JACOBS | FORMER TRUSTEE Former | 0 | $0 | $13,502 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE BRUHN | EVP, CFO & TREASURER (END 6/23) Officer | 0.5 | $0 | $3,526,262 | $105,043 |
| BILL GASSEN | TRUSTEE, PRESIDENT & CEO Trustee or director, Officer | 0.5 | $0 | $2,821,352 | $439,680 |
| BILL MARLETTE | INTERIM, EVP, CFO (BEG 6/23) Officer | 0.5 | $0 | $1,306,330 | $378 |
| MARK LUNDEEN MD | TRUSTEE, PHYSICIAN Trustee or director | 0.5 | $0 | $591,873 | $16,560 |
| DEB KOSKI | CHIEF PHILANTHROPIC OFFICER Key employee | 5 | $0 | $432,198 | $49,029 |
| MICAH ABERSON | FORMER EVP Former | 0 | $0 | $453,110 | $0 |
| ANDY NORTH | TRUSTEE, SECRETARY, INDEP CONTRACTOR Trustee or director, Officer | 0.5 | $0 | $324,345 | $0 |
| BOBBIE TIBBETTS | FORMER CHIEF PHILANTHROPIC OFFICER Former | 0 | $0 | $124,802 | $0 |
| NEIL GULSVIG | TRUSTEE, CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $66,718 | $0 |
| BRENT TEIKEN | TRUSTEE, PAST CHAIR Trustee or director, Officer | 0.5 | $0 | $38,404 | $0 |
| DON JACOBS | TRUSTEE (END 12/31) Trustee or director | 0.5 | $0 | $37,332 | $0 |
| LAURIS MOLBERT | TRUSTEE, VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $37,099 | $0 |
| JAMES CAIN | TRUSTEE Trustee or director | 0.5 | $0 | $35,599 | $0 |
| WESLEY ENGBRECHT | TRUSTEE Trustee or director | 0.5 | $0 | $34,599 | $0 |
| MARNIE HERMANN | TRUSTEE, TREASURER (BEG 4/23) Trustee or director, Officer | 0.5 | $0 | $32,099 | $0 |
| ROBIN SMITH | TRUSTEE, TREASURER (END 4/23) Trustee or director, Officer | 0.5 | $0 | $11,000 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5039, SIOUX FALLS, SD 57117-5039
- Principal officer (990 for 2024)
- BILL GASSEN, 2301 EAST 60TH ST, SIOUX FALLS, SD 57104
- Signed the 990
- NICHOLAS OLSON, EVP, CFO
- Phone
- (605) 362-3100
- Website
- WWW.GOOD-SAM.COM/FOUNDATION
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO INSPIRE PHILANTHROPIC INVESTMENT IN THE HEALTH AND WELL-BEING OF SENIORS SERVED BY THE SOCIETY AND EXEMPT ENTITIES. WITH FOUNDATION EXPENSES COVERED BY SANFORD HEALTH, 100% OF DONOR FUNDS ADVANCE HEALTH CARE, MEDICAL AND EDUCATIONAL SERVICES.
Program accomplishments
- THE FOUNDATION IS HELPING TRANSFORM THE AGING EXPERIENCE BY INSPIRING AND FACILITATING PHILANTHROPIC INVESTMENT AND COMMUNITY ENGAGEMENT AROUND THE SOCIETY, THE NATION'S LARGEST NONPROFIT PROVIDER OF SENIOR HOUSING AND SERVICES. 100% OF EVERY DOLLAR RAISED SUPPORTS LOCAL PRIORITIES OF SOCIETY LOCATIONS, SUCH AS STAFF EDUCATION, HEALTH AND WELLNESS EQUIPMENT AND TECHNOLOGY, AND SERVICES THAT ENHANCE THE PHYSICAL, MENTAL AND SPIRITUAL WELL-BEING OF PEOPLE AS THEY AGE.Expenses $9,260,617 · grants $9,260,617
- ADDITIONAL DONATIONS SUPPORT CONTINUING EDUCATION FOR STAFF AND RESEARCH PROGRAMS TO DRIVE INNOVATION AND THE HIGHEST STANDARDS OF SENIOR CARE.Expenses $246,393 · grants $246,393
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0422866
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $102,208,723
- Income (IRS master file)
- $15,104,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,218,982 | $9,507,010 | $102,208,723 | IRS |
| 990 | December 2023 | $6,014,208 | $8,022,373 | $94,710,582 | XML |
| 990 | December 2022 | $7,250,370 | $5,317,344 | $92,614,654 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 46-0422866).
Questions about EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION
- What is the EIN of EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION?
- The employer identification number (EIN) of EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION is 46-0422866.
- Is EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION?
- The 990 for the year ended December 31, 2024 names BILL GASSEN.
- Who are the officers and directors of EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does EVANGELICAL LUTHERAN GOOD SAMARITAN FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,218,982, expenses of $9,507,010 and total assets of $102,208,723 at year end.
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