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Filing year 2024

FAITH LUTHERAN HOME

Osage, Iowa·EIN 42-0896119·3
Total revenue
$6M
Total assets
$3.6M
Total expenses
$6M
Reported officers
14
Mission

TO PROVIDE A FACILITY WHICH HAS A PLEASANT AND HOME-LIKE ATMOSPHERE AND ALSO PROVIDE AND MADE AVAILABLE AN ENRICHING PROGRAM OF SERVICES THAT APPLY TO THE NEEDS OF THE RESIDENTS.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Administrator & Secretary
secretary (operational)
$154k
$166k
Base
$113k
Bonus
Other
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Up 14%
from 2023

From $135k in 2023 to $154k in 2024.

$135k
2023
$154k
2024
In today's dollarsEst.
Up 11% in real terms$150k to $166k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FAITH LUTHERAN HOME reported revenue and expenses across 2 filing years.

RevenueExpenses
$6M
$6.1M
2023
$6M
$6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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