2024-11-15T09:55:41-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 223640683 LUTHERAN FOUNDATION OF NEW JERSEY INC LUTH 6093867171 3 MANHATTAN DRIVE BURLINGTON NJ 08016 JEANNINE RICHMAN CPA SVP & CFO 6093867171 2024-11-13 1 1 KERRI N BOGDA CPA P00760402 7177404863 2024-11-13 2023 2024-10-15 13:58:12Z COLLEEN P FRANKENFIELD 3 MANHATTAN DRIVE BURLINGTON NJ 08016 2680489 0 X WWW.LSMNJ.ORG X 1993 NJ A FAITH-BASED FOUNDATION THAT SEEKS GIFTS AND GRANTS FOR CHARITABLE PURPOSES. 10 9 1 9 0 0 2368891 2278178 0 0 41787 99195 54894 37452 2465572 2414825 0 0 0 0 295168 312740 0 0 405068 50722 95545 345890 408285 2119682 2006540 1216853 1340136 3260 3224 1213593 1336912 TO SUPPORT THE ACTIVITIES AND EXEMPT PURPOSE OF LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. 0 0 LUTHERAN FOUNDATION OF NEW JERSEY, INC. IS A NON-PROFIT ORGANIZATION, WHICH SERVES AS THE PHILANTHROPIC ARM OF LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. ("LSMNJ") FOR PROGRAMS SUCH AS AFFORDABLE FAMILY AND SENIOR HOUSING, HEALTHCARE, HOSPICE, HOMELESSNESS, SUPPORTIVE HOUSING, IMMIGRATION SERVICES, AND DISASTER RESPONSE. THE FOUNDATION SEEKS GIFTS FROM INDIVIDUALS AND CORPORATIONS AS WELL AS GRANTS FROM A VARIETY OF SOURCES IN ORDER TO SERVE THOSE IN NEED THROUGHOUT NEW JERSEY REGARDLESS OF RELIGIOUS AFFILIATION OR BACKGROUND. THE FOUNDATION HELD FUNDRAISING EVENTS IN 2023 TO SUPPORT PROGRAMS OF LSMNJ, SUCH AS LUTHERANS FEEDING FRIENDS. 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X JEANNINE RICHMAN CPA SVPCFO 6093867171 3 MANHATTAN DRIVE BURLINGTON NJ 08016 BRAD HILDEBRANDT CHAIR 0.50 5.00 X X 0 0 0 KENNETH VAN DONGEN VICE CHAIR 0.50 5.00 X X 0 0 0 EDWARD P NOBLE TREASURER 0.50 5.00 X X 0 0 0 JUHAN RUNNE SECRETARY 0.50 5.00 X X 0 0 0 REV TRACIE BARTHOLOMEW TRUSTEE 0.50 5.00 X 0 0 0 REV STEPHEN GEWECKE TRUSTEE 0.50 5.00 X 0 0 0 RAFAEL HACISKI TRUSTEE 0.50 5.00 X 0 0 0 TERRY SHINE TRUSTEE 0.50 5.00 X 0 0 0 REV DR ANTHONY STEINBRONN TRUSTEE 0.50 5.00 X 0 0 0 LARRY SCHUMANN TRUSTEE (UNTIL 3/23) 0.50 5.00 X 0 0 0 COLLEEN P FRANKENFIELD PRESIDENT & CEO 0.50 54.50 X X 0 727329 44785 JEANNINE RICHMAN SR. VICE PRESIDENT & CFO 0.50 54.50 X 0 345235 23200 ALISON LAUCK VP OF PHILANTHROPY 40.00 0.00 X 177720 0 13200 177720 1072564 81185 1 0 1 0 0 79843 2198335 2278178 26438 26438 315552 242795 72757 72757 72757 16315 79843 22869 -6554 -6554 TRUST REVENUE 900099 44006 44006 44006 2414825 0 0 136647 265471 265471 18957 18957 8190 8190 20122 20122 3217 3217 2064 2064 59040 59040 16270 16270 1261 1261 601 601 ASSISTANCE TO INDIVIDUA 7675 7675 DUES, LICENSES, AND FEE 4985 4985 MINOR EQUIPMENT 432 432 408285 0 3217 405068 165758 155587 6300 1628 8623 3145 2553 2553 0 0 1036172 1179776 1216853 1340136 3260 3224 3260 3224 X 185803 621639 1027790 715273 1213593 1336912 1216853 1340136 X 2006540 -1883221 X 0 1 X 1 0 X 671277 195532 404532 371127 2198335 3840803 671277 195532 404532 371127 2198335 3840803 929840 2910963 15970 23012 164786 34843 26438 265049 49500 54900 59269 71699 140164 375532 4481384 0.64960 0.52940 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: TRUST REVENUE - 2019 AMOUNT: $ 49,500. 2020 AMOUNT: $ 54,900. 2021 AMOUNT: $ 57,084. 2022 AMOUNT: $ 60,333. 2023 AMOUNT: $ 44,006. FUNDRAISING NET RECEIPTS - 2021 AMOUNT: $ 2,185. 2022 AMOUNT: $ 11,366. 2023 AMOUNT: $ 96,158. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1027790 18998 331515 715273 520169 734635 227014 1027790 485874 61845 27550 520169 481340 42762 38228 485874 484804 4155 7619 481340 0.00000 0.66000 0.34000 0 0 2553 2553 0 0 ENDOWED FUND FOR HOPE 1179776 1179776 PART V, LINE 4: TO SUPPORT THE MISSION OF LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. CASINO NIGHT 36257 23982 12275 674 3203 9072 TOP GOLF SOUTH 35258 31218 4040 4040 161 2 24643 24643 892 126 4701 96158 79843 16315 892 4714 3329 13934 22869 -6554 0 1 0 0 0 0 0 0 0 COLLEEN P FRANKENFIELD PRESIDENT & CEO 0 543610 0 0 0 183719 0 33785 0 11000 0 772114 0 183719 JEANNINE RICHMAN SR. VICE PRESIDENT & CFO 0 287235 0 58000 0 0 0 23200 0 0 0 368435 0 0 ALISON LAUCK VP OF PHILANTHROPY 161220 0 16500 0 0 0 13200 0 0 0 190920 0 0 0 PART I, LINE 3 THE FOLLOWING ARE USED BY LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. (PARENT ORGANIZATION) TO DETERMINE COMPENSATION FOR THE CEO: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY/STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE. PART I, LINE 4B PRESIDENT & CEO COLLEEN FRANKENFIELD RECEIVED DISTRIBUTIONS FROM THE 457F PLAN OF $183,719. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP OF BOARD OFFICERS AND AT-LARGE MEMBERS. ALL OF THE COMMITTEE MEMBERS ARE ON THE GOVERNING BODY. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD, EXCEPT FOR THE FOLLOWING ACTIONS: 1) TO ELECT OR APPOINT ANY TRUSTEE, OR REMOVE ANY OFFICER OR TRUSTEE; 2) TO AMEND OR REPEAL ANY RESOLUTION PREVIOUSLY ADOPTED BY THE BOARD; OR 3) TO MAKE, ALTER OR REPEAL THE CERTIFICATE OF INCORPORATION OR ANY BYLAW OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. IS THE SOLE MEMBER OF LUTHERAN FOUNDATION OF NEW JERSEY, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD OF TRUSTEES ARE APPOINTED BY THE MEMBER, LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER, LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC., IN ADDITION TO STATUTORILY RESERVED RIGHTS OF APPROVAL, HAS CERTAIN RESERVED RIGHTS OF APPROVAL SET FORTH IN THE CORPORATION'S BYLAWS, INCLUDING THE RIGHT TO: APPOINT AND REMOVE TRUSTEES AND RATIFY OFFICERS; APPROVE INDEPENDENT AUDITORS; ADOPT AND AMEND THE CERTIFICATE OF INCORPORATION, BYLAWS, PHILOSOPHY AND NAME; APPROVE FUNDAMENTAL CHANGES SUCH AS MERGERS, SALE OF SUBSTANTIALLY ALL ASSETS, AND DISSOLUTION; APPROVE BUDGETS AND EXCEPTIONS TO THEM; AND APPROVE THE SALE OF PROPERTY. THE MEMBER VOTES THROUGH THE ACTION OF ITS BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE PREPARED FORM 990 WAS PROVIDED TO EACH MEMBER OF THE LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC. BOARD OF TRUSTEES AND LUTHERAN FOUNDATION OF NEW JERSEY, INC. BOARD OF TRUSTEES. MEMBERS WERE REQUESTED TO SEND QUESTIONS, IF ANY, TO MANAGEMENT. THOSE QUESTIONS THAT WERE ADDRESSED TO MANAGEMENT WERE CONSIDERED AND RESOLVED TO THE SATISFACTION OF EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT DISCLOSE ACTUAL AND POTENTIAL CONFLICTS ON AN ANNUAL BASIS AND AS THEY ARISE DURING THE YEAR, USING A FORM DISTRIBUTED TO THEM. THESE DISCLOSURES ARE REVIEWED BY THE ORGANIZATION'S COMPLIANCE OFFICER. IN ADDITION, STAFF ARE TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE DURING THE YEAR TO THEIR VICE PRESIDENT/EXECUTIVE DIRECTOR, WHO REVIEWS THE DISCLOSURE WITH THE PRESIDENT AND CEO AND COMPLIANCE OFFICER. THE PRESIDENT AND CEO WORKS WITH TRUSTEES AND SENIOR MANAGEMENT TO RESOLVE ANY CONFLICTS THAT ARISE OR, WHERE APPROPRIATE, REFERS THE MATTER TO THE BOARD OF TRUSTEES. THE VICE PRESIDENT/EXECUTIVE DIRECTOR WORKS WITH STAFF TO RESOLVE CONFLICTS OF INTEREST IF THEY ARISE. A CONFLICT OF INTEREST MAY BE RESOLVED IN A NUMBER OF WAYS DEPENDING ON THE CIRCUMSTANCES. FOR EXAMPLE, STAFF MAY BE ASKED TO CHANGE THEIR JOB DUTIES, AN OFFICER MAY HAVE TO WITHDRAW FROM AN EXTERNAL AND CONFLICTING ACTIVITY, OR A TRUSTEE MAY HAVE TO BE EXCUSED FROM A BOARD MEETING WHERE A MATTER INVOLVING THE TRUSTEE IS DISCUSSED AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 LUTHERAN FOUNDATION OF NEW JERSEY, INC.'S SENIOR MANAGEMENT IS EMPLOYED BY LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY, INC., A TAX-EXEMPT RELATED ORGANIZATION. FOLLOWING IS THE METHOD USED TO DETERMINE COMPENSATION FOR THOSE SENIOR MANAGEMENT EMPLOYEES. THE BOARD OF TRUSTEES DEVELOPED A PLAN FOR SENIOR MANAGEMENT COMPENSATION THAT MAINTAINS COMPENSATION AT MARKET LEVELS, REWARDS EXCEPTIONAL PERFORMANCE, AND ENCOURAGES LONGEVITY. THE STRUCTURE OF THE PLAN WAS DEVELOPED AND APPROVED BY THE BOARD OF TRUSTEES. THE PLAN INCLUDED AN ASSESSMENT OF COMPARABLE MARKET DATA. THE DELIBERATIONS OF THE BOARD OF TRUSTEES WERE DOCUMENTED AND HAVE BEEN MAINTAINED IN THE FORM OF WRITTEN MINUTES. SALARY SURVEY DATA WAS USED TO DETERMINE COMPENSATION RANGES FOR THE SENIOR MANAGEMENT TEAM ("SMT"), INCLUDING THE PRESIDENT / CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, AND CHIEF OPERATING OFFICER. THE GOAL IS TO MAINTAIN THE SMT AT MARKET COMPENSATION FOR COMPARABLE POSITIONS AS DEFINED IN THE EXECUTIVE COMPENSATION REVIEW OF THE MARKET FOR COMPARABLE POSITIONS. THE BOARD APPROVES THE PLAN AND DEVELOPS A CEO BASE SALARY AND INCENTIVE COMPENSATION RECOMMENDATION EACH YEAR TO BE APPROVED BY THE BOARD OF TRUSTEES. THE BOARD WILL REVIEW THE SALARY AND INCENTIVES THAT THE CEO DEVELOPS FOR THE SMT. FORM 990, PART VI, SECTION C, LINE 19 INTERESTED PARTIES MAY OBTAIN A COPY OF THE BYLAWS, ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AT THE CORPORATE OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY TRANSFER TO LSMNJ -487,229. TRANSFERS TO AFFILIATES -1,395,992. LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 221487237 COMMUNITY-BASED SERVICES NJ 501(C)(3) LINE 10 N/A 0 LUTHERAN HOME AT MOORESTOWN 3 MANHATTAN DRIVE BURLINGTON NJ 08016 210643360 SKILLED NURSING AND ASSISTED LIVING FACILITY NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 ATONEMENT LUTHERAN HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 521705030 RESIDENTIAL PROGRAM FOR INDIVIDUALS WITH MENTAL HEALTH NEEDS NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 PENNSAUKEN LUTHERAN HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 521966215 AFFORDABLE SENIOR HOUSING NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 ABIDING PEACE SENIOR HOUSING CORPORATION 3 MANHATTAN DRIVE BURLINGTON NJ 08016 222886002 AFFORDABLE SENIOR HOUSING NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 LUTHERAN SENIOR HEALTHCARE INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 352321534 PROGRAM FOR ALL-INCLUSIVE CARE FOR THE ELDERLY NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 LUTHERAN SOCIAL MINISTRIES AT CRANE'S MILL INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223368378 CONTINUING CARE RETIREMENT COMMUNITY NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 THE VILLA AT FLORHAM PARK INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 475324404 SKILLED NURSING AND ASSISTED LIVING FACILITY NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 LSM MANAGEMENT SERVICES INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 200537918 MANAGEMENT SERVICES IN HEALTHCARE AND HOUSING NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 LUTHERAN SENIOR LIFE AT UNION INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 274156743 PROGRAM FOR ALL-INCLUSIVE CARE FOR THE ELDERLY NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 SPIRICARE OF NEW JERSEY INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 822947012 PRIVATE DUTY HOMECARE NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 HOSPICE AT LSMNJ INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 823439848 PROVIDE END OF LIFE CARE NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 HERO AT LSMNJ INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 831967617 COMMUNITY-BASED SERVICES NJ 501(C)(3) LINE 10 LUTHERAN SOCIAL MINISTRIES OF NEW JERSEY INC 0 OLD BRIDGE URBAN RENEWAL LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223539632 AFFORDABLE SENIOR HOUSING NJ N/A 0 0 PEAPACK GLADSTONE URBAN RENEWAL HOUSING LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223548781 AFFORDABLE FAMILY HOUSING NJ N/A 0 0 PROJECT HOME URBAN RENEWAL LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223509273 AFFORDABLE TRANSITIONAL HOUSING NJ N/A 0 0 WEST HANOVER URBAN RENEWAL LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223509277 AFFORDABLE HOUSING NJ N/A 0 0 WHITEHOUSE SENIOR HOUSING LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223456196 AFFORDABLE SENIOR HOUSING NJ N/A 0 0 SOUTH PLAINFIELD URBAN RENEWAL LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223575419 AFFORDABLE SENIOR HOUSING NJ N/A 0 0 LUTHERAN SOCIAL MINISTRIES OF CAMDEN LP 3 MANHATTAN DRIVE BURLINGTON NJ 08016 262032374 AFFORDABLE FAMILY HOUSING NJ N/A 0 0 LUTHERAN PROJECT HOME INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223547992 AFFORDABLE TRANSITIONAL HOUSING NJ N/A C 0 OLDBRIDGE LUTHERAN HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223539149 AFFORDABLE SENIOR HOUSING NJ N/A C 0 PEAPACK LUTHERAN HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223547994 AFFORDABLE FAMILY HOUSING NJ N/A C 0 SOUTH PLAINFIELD LUTHERAN HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223575417 AFFORDABLE SENIOR HOUSING NJ N/A C 0 HANOVER STREET HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223509924 AFFORDABLE FAMILY HOUSING NJ N/A C 0 READINGTON LUTHERAN HOUSING INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 223456195 AFFORDABLE SENIOR HOUSING NJ N/A C 0 LUTHERAN SOCIAL MINISTRIES OF CAMDEN INC 3 MANHATTAN DRIVE BURLINGTON NJ 08016 262032301 AFFORDABLE FAMILY HOUSING NJ N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0