Hudson Lutheran Charity Inc
Hudson Lutheran Charity Inc is a 501(c)(3) nonprofit organization based in Secaucus, New Jersey. Founded in 1992, the organization operates as both a grantmaker and housing provider. It is also known as Lutheran Residence Corporation and manages the ownership and operation of a HUD-financed multifamily housing project under Section 223(f).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.3M
+1.0% YoY
Annual Giving
$1.5M
+58.8% YoY
Grant Count
38
+26.7% YoY
Avg Grant Size
$40K
+25.4% YoY
Mission & Focus Areas
The organization's mission is twofold:
Housing & Senior Services: To provide rental housing facilities and services specially designed to meet the physical, spiritual, social, and psychological needs of elderly and handicapped persons.
Philanthropic Grantmaking: To identify and support organizations that serve children, elderly individuals, families in need, and religious institutions of any denomination.
Grantmaking
Hudson Lutheran Charity Inc makes grants to support its identified focus areas. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The organization primarily funds organizations in New Jersey and New York, with a particular emphasis on the Hudson County area and Northern New Jersey.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $34,907,548
- Total Revenues: $1,364,758
- Total Expenses: $1,147,916
- Number of Employees: 0 (likely indicates reliance on contracted services or volunteer leadership)
Governance Strengths: The organization maintains a fully independent board and demonstrates a solid program expense ratio of approximately 86%, indicating effective allocation of resources toward its mission.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,258,166 | $34,907,548 | $32,980,353 |
| Revenue | $1,534,773 | $1,364,758 | $1,321,772 |
| Expenses | $1,732,633 | $1,147,916 | $1,176,641 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,534,773 | $1,364,758 | $1,319,272 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARYN LUSSKIN | SECRETARY/TREASURER | 1 | $21,468 |
| CARMITA CORTES | BOARD MEMBER | 1 | $20,000 |
| KENNETH WESSLER | PRESIDENT | 1 | $20,000 |
| MARCO DELUCIA | VICE PRESIDENT | 1 | $20,000 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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