CSCharityScored
90

Lutheran Homes Of Michigan Inc

Health · Saginaw, Michigan

2825 Wieneke Rd, Saginaw, MI 48603-2600

EIN: 381358410· Founded: Jul 1941· 85 years active· Filing Year: 2023

Annual Revenue

$36.3M

Total Expenses

$37.9M

Total Assets

$57.9M

Program Spending

82%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$772K

2.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$17.0M

Total Payroll

$17.8M

47% of total expenses

Where the Money Goes

82%
Programs: 82%
Payroll: 47%
Other overhead: 18%
Program Revenue$31.2M (86%)
Total Expenses$37.9M (100%)
Payroll$17.8M (47%)
Overhead (non-program)18%

Trust Score Breakdown

Program Spending Ratio

82% of expenses go to programs

40%

Revenue & Stability

$36.3M annual revenue

15%

Executive Compensation

$772K total officer comp (2.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$57.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.