Salem Lutheran Home Charitable Foundation

Public charity · Grantmaker Elk Horn, IA EIN: 42-1306694

The purpose of the foundation is to solicit and manage gifts of money and/or property for the purpose of granting gifts to salem lutheran homes

Key facts about Salem Lutheran Home Charitable Foundation

In short: Salem Lutheran Home Charitable Foundation reported $3K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.

EIN
42-1306694
Latest 990 filing
Form 990, 2024
Grants paid (2024)
$2,662 — reported as a total on the IRS filing, without an itemized list
Total assets
$943,636

Data from IRS Form 990, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$944K

+9.6% YoY

Grants Paid (reported total)

$3K

-81.4% YoY

Revenue

$36K

+95.9% YoY

Net Investment Income

$35K

+128.7% YoY

How Salem Lutheran Home Charitable Foundation gives

  • Giving fell 76% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About Salem Lutheran Home Charitable Foundation

Based on IRS filings

Salem Lutheran Home Charitable Foundation is a public charity focused on Human Services, based in Elk Horn, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $944K in total assets. In 2024, it reported $3K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $35K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Elk Horn

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2020 1 grant2021 1 grant2022 1 grant2023 Total only2024

From 2020 to 2024, annual grant giving ranged from $3K (2024) to $64K (2022). In 2024 it reported $3K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$943,636$861,245$775,850
Revenue$36,374$18,563$19,560
Expenses$12,261$22,650$73,654
Net Investment Income$34,803$15,218$17,968

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Salem Lutheran Home Charitable Foundation is led by Deb Bieker, President since 2021 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Deb Bieker

    President

    Director → President, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Keli Hansen

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Geralyn Christensen

    Director & Secretary

    Director → Director & Secretary, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Shar Steen

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sarah Kunik

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Eileen Sornson

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Ron Rasmussen

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tami Schechinger

    Secretary & Treasurer

    Director → Treasurer, 2022

    Treasurer → Treasurer & Secretary, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Phil Nielsen

    Treasurer

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Keith Menter (2020–2022) — Director
  • Former: Barb Petersen (2022) — Director
  • Former: Barbara Petersen (2020–2021) — Director
  • Former: Justin Larsen (2020–2021) — Director
  • Former: Kay Johannsen (2020–2021) — Director
  • Former: Nikki Myers (2020–2021) — Treasurer
  • Former: Leroy Larsen (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Salem Lutheran Home Charitable Foundation

How much does Salem Lutheran Home Charitable Foundation give each year?

Salem Lutheran Home Charitable Foundation reported $3K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $14K across 1 grant.

How large is Salem Lutheran Home Charitable Foundation?

Salem Lutheran Home Charitable Foundation reported $944K in total assets on its 2024 IRS Form 990. Its revenue that year was $36K.

What is Salem Lutheran Home Charitable Foundation?

Salem Lutheran Home Charitable Foundation is a public charity focused on Human Services, based in Elk Horn, IA. It holds $944K in total assets as of 2024.

Where does Salem Lutheran Home Charitable Foundation operate?

Salem Lutheran Home Charitable Foundation has awarded grants in Iowa.

What is Salem Lutheran Home Charitable Foundation's EIN?

Salem Lutheran Home Charitable Foundation's EIN (Employer Identification Number) is 42-1306694. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings.

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