2025-11-17T21:14:52-06:00 2024-12-31 470574775 FRANKEL LLC 11404 WEST DODGE RD SUITE 700 OMAHA NE 681542576 990 2024-01-01 363818738 LUTHERAN FAMILY SERVICES FOUNDATION INC LUTH 4029785649 7929 WEST CENTER RD OMAHA NE 68124 MARTIN PRIMUS CFO 4029785649 2025-11-17 1 0 KURT MEISINGER P00847894 4024969100 2024 2025-03-06 01:10:19Z CHRISTOPHER TONNIGES 7929 WEST CENTER RD OMAHA NE 68124 2278272 0 X WWW.ONELFS.ORG X 1971 NE TO EDUCATE, INSPIRE, MOTIVATE AND ASSIST STAKEHOLDERS IN DEVELOPING GIFTS SUPPORTING LFS. 9 9 0 9 0 0 0 0 0 0 83495 188050 0 0 83495 188050 1122949 221475 0 0 0 0 0 0 0 42359 32617 1165308 254092 -1081813 -66042 5566633 5932561 171797 209184 5394836 5723377 TO EDUCATE, INSPIRE, MOTIVATE AND ASSIST STAKEHOLDERS IN DEVELOPING GIFTS SUPPORTING THE HUMAN CARE PROVIDED BY LUTHERAN FAMILY SERVICES OF NEBRASKA, INC. 0 0 239008 221475 0 THE LUTHERAN FAMILY SERVICES FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF ITS BENEFICIARY ORGANIZATION, LUTHERAN FAMILY SERVICES OF NEBRASKA, INC. 239008 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4029785649 7929 WEST CENTER RD OMAHA NE 68124 MIKE REMMENGA CHAIR 0.25 X X 0 0 0 DR REV BILL MOORHEAD VICE CHAIR 0.25 X X 0 0 0 GAYE LYNN SCHAFFART TREASURER 0.25 X X 0 0 0 CHRIS LEAVER BOARD MEMBER 0.25 X 0 0 0 DONNA DOSTAL BOARD MEMBER 0.25 X 0 0 0 KATHERYN PFLUG BOARD MEMBER 0.25 X 0 0 0 MAYURA LATENSER BOARD MEMBER 0.25 X 0 0 0 T PARKER SCHENKEN BOARD MEMBER 0.25 X 0 0 0 TIMOTHY MILLER BOARD MEMBER 0.25 X 0 0 0 CHRISTOPHER TONNIGES SECRETARY/PRES & CEO - LFS 1.50 43.50 X 0 321438 36060 0 321438 36060 0 0 1 0 0 123331 123331 2154941 2090222 64719 64719 64719 188050 0 0 188050 221475 221475 3084 3084 12000 12000 17533 17533 254092 239008 15084 0 318264 348373 2964114 3335623 944098 828332 1340157 1420233 5566633 5932561 12000 12000 159797 197184 171797 209184 X 2233848 2413932 3160988 3309445 5394836 5723377 5566633 5932561 X -66042 319216 75367 X X 0 1 X 1 0 X X 1 LUTHERAN FAMILY SERVICES OF NE INC 237267972 10 0 221475 0 1 221475 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN IV: SEE THE EXPLANATION TO PART IV, SECTION A, LINE 1 BELOW. PART IV, SECTION A, LINE 1: THE SUPPORTED ORGANIZATION IS NOT LISTED BY NAME IN THE FOUNDATION'S GOVERNING DOCUMENTS; SUPPORT HAS BEEN ESTABLISHED BY A HISTORIC AND CONTINUING RELATIONSHIP WITH THE AFFILIATED ENTITY. LUTHERAN FAMILY SERVICES OF NEBRASKA, INC., THE SUPPORTED ORGANIZATION, IS THE SOLE MEMBER OF THE FOUNDATION AND CONTROLS THE ENTITY BY APPOINTING A MAJORITY OF THE BOARD MEMBERS. 3910570 271030 941582 3240018 4173563 413019 676012 3910570 5426935 -498540 754832 4173563 5336494 212719 122278 5426935 2223907 3000000 120583 7996 5336494 0.09301 0.90699 1 0 0 INVESTMENT IN FREMONT AREA COMMUNITY FOUNDATION 828332 C 828332 BENEFICIAL INTEREST IN PERPETUAL TRUST 1335280 CASH SURRENDER VALUE OF LIFE INSURANCE 84953 1420233 DUE TO AFFILIATES 197184 197184 X PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE GOVERNING BOARD TO FUNCTION AS AN ENDOWMENT. AS REQUIRED BY GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. THE BOARD OF DIRECTORS OF THE ORGANIZATION HAS INTERPRETED THE NEBRASKA UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (NUPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE ORGANIZATION RETAINS IN PERPETUITY (A) THE ORIGINAL VAUE OF THE GIFTS DONATED TO THE ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERPETUAL ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERPETUAL ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. DONOR RESTRICTED AMOUNTS NOT RETAINED IN PERPETUITY ARE SUBJECT TO APPROPRIATION FOR EXPENDITURE BY THE ORGANIZATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY NUPMIFA. IN ACCORDANCE WITH NUPMIFA, THE ORGANIZATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR RESTRICTED ENDOWMENT FUNDS: 1. THE DURATION AND PRESERVATION OF THE FUND 2. THE PURPOSES OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND 3. GENERAL ECONOMIC CONDITIONS 4. THE POSSIBLE EFFECT OF INFLATION AND DEFLATION 5. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS 6. OTHER RESOURCES OF THE ORGANIZATION 7. THE INVESTMENT POLICIES OF THE ORGANIZATION. PART X, LINE 2: LUTHERAN FAMILY SERVICES FOUNDATION INC. IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ENTITY HAS RECEIVED A DETERMINATION LETTER THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE HAS ESTABLISHED STANDARDS TO BE MET TO MAINTAIN THE ORGANIZATION'S TAX-EXEMPT STATUS. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FINANCIAL ACCOUNTING STANDARDS BOARD, ACCOUNTING STANDARDS CODIFICATION (FASB ASC) TOPIC 740, INCOME TAXES. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT DECEMBER 31, 2024, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS ACCRUED. 1 LUTHERAN FAMILY SERVICES OF NEBRASKA INC 7929 WEST CENTER ROAD OMAHA NE 68124 237267972 501(C)(3) 221475 0 PROVIDE FUNDS TO LUTHERAN FAMILY SERVICES OF NEBRASKA INC FOR SPECIAL PROJECTS PART I, LINE 2: ALL GRANTS PAID ARE TO RELATED ORGANIZATIONS, WHICH CAN BE EASILY MONITORED THROUGH THE USE OF SHARED ACCOUNTING SERVICES. 0 0 0 0 0 0 0 0 0 CHRISTOPHER TONNIGES SECRETARY/PRES & CEO - LFS 0 276438 0 45000 0 0 0 13885 0 22175 0 357498 0 0 PART I, LINE 3: CHRIS TONNIGES, SECRETARY/PRESIDENT & CEO OF LUTHERAN FAMILY SERVICES OF NE, INC. (LFS), TOP MANAGEMENT AND TOP FINANCIAL OFFICIAL OF THE FOUNDATION, IS COMPENSATED BY LFS. THE ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH HIS COMPENSATION: COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 LUTHERAN FAMILY SERVICES OF NEBRASKA, INC. IS THE SOLE CORPORATE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A A MAJORITY OF THE DIRECTORS OF LUTHERAN FAMILY SERVICES FOUNDATION SHALL BE ELECTED BY LUTHERAN FAMILY SERVICES OF NEBRASKA, INC. (THE SOLE CORPORATE MEMBER) AT THE ANNUAL BOARD OF DIRECTORS' MEETING OF LUTHERAN FAMILY SERVICES OF NEBRASKA, INC. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A FINAL DRAFT OF THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. ACCEPTANCE MAY BE OBTAINED AT A BOARD MEETING OR VIA EMAIL, PHONE CALL OR OTHER ELECTRONIC MEDIUMS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL MEMBERS OF THE BOARD ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT OF COMPLIANCE/DISCLOSURE ON AN ANNUAL BASIS. THE LFS FOUNDATION BOARD MEETINGS BEGIN WITH A REVIEW OF THE AGENDA AND ALSO CALL FOR DISCLOSURE OF ANY CHANGES TO THE PREVIOUSLY SIGNED ANNUAL DISCLOSURE. IN THE EVENT A VOTE BY THE BOARD MAY PRESENT A CONFLICT FOR A SPECIFIC BOARD MEMBER, SUCH MEMBER WILL ABSTAIN FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 LUTHERAN FAMILY SERVICES' COMPENSATION ADMINISTRATION SCALE IS REVIEWED BI-ANNUALLY BY THE BOARD OF DIRECTORS OF LUTHERAN FAMILY SERVICES OF NEBRASKA INC (A RELATED ORGANIZATION). THE COMPENSATION ADMINISTRATION SCALE IS UPDATED BI-ANNUALLY BY THE LFS HUMAN RESOURCES DEPARTMENT BY USING LOCAL, REGIONAL, AND NATIONAL SALARY SURVEYS AND OTHER DATA. THE PRESIDENT & CEO OF LUTHERAN FAMILY SERVICES OF NEBRASKA INC.'S PERFORMANCE REVIEW WILL BE CONDUCTED DURING THE FIRST EIGHT WEEKS IMMEDIATELY FOLLOWING THE END OF THE LUTHERAN FAMILY SERVICES OF NEBRASKA INC.'S FISCAL YEAR. LOCAL, REGIONAL AND NATIONAL SALARY SURVEYS ALONG WITH OTHER DATA ARE USED TO DETERMINE THE ANNUAL SALARY INCREASE FOR THE PRESIDENT & CEO. OTHER OFFICERS' SALARIES ARE DETERMINED BY THE PRESIDENT & CEO OF LUTHERAN FAMILY SERVICES INC. FORM 990, PART VI, SECTION C, LINE 19 LFS FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AUDIT AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO GOVERNMENT REGULATORY BODIES, FUNDERS, DONORS, CLIENTS AND THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST 75,367. FORM 990, PART XII, LINE 2C: LUTHERAN FAMILY SERIVCES OF NEBRASKA, INC., A RELATED ORGANIZATION, HAS AN AUDIT COMMITTEE THAT OVERSEES THE CONSOLIDATED AUDIT AND SELECTS THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LUTHERAN FAMILY SERVICES OF NEBRASKA INC 7929 WEST CENTER ROAD OMAHA NE 68124 237267972 SOCIAL SERVICE AGENCY NE 501(C)(3) LINE 10 N/A 0 JOSIAH PLACE INC 7929 WEST CENTER ROAD OMAHA NE 68124 202290028 LOW INCOME HOUSING NE 501(C)(3) LINE 10 LUTHERAN FAMILY SERVICES OF NE INC 0 HEALTHY HOUSING OMAHA 7929 WEST CENTER ROAD OMAHA NE 68124 205085175 HEALTHY HOUSING ADVOCATE NE 501(C)(3) LINE 7 LUTHERAN FAMILY SERVICES OF NE INC 0 TRANSFORMATION HILL APARTMENTS LLC 7929 W CENTER ROAD OMAHA NE 68124 871155738 LOW INCOME HOUSING NE N/A 0 0 0 1 0 0 1 0 0 0 0 0 1 1 1 1 1 1 0 1 0