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Filing year 2024

LAY ENDOWMENT FUND

Minneapolis, Minnesota·EIN 51-0152273·NTEE Y35Z · Mutual & Membership Benefit·3
Total revenue
$587k
Total assets
$6.8M
Total expenses
$62k
Reported officers
10
Mission

THE MISSION OF THE LAY ENDOWMENT FUND IS TO PROVIDE FINANCIAL SUPPORT OF HENNEPIN AVENUE UNITED METHODIST CHURCH (HAUMC) AND OTHER ORGANIZATIONS WHOSE ACTIVITIES CARRY OUT THE PURPOSE OF HAUMC.

Reported officers (all unpaid)

No paid executives reported in 2024. LAY ENDOWMENT FUND reported 10 unpaid officers and board members on its 990.

President
Vice President
Treasurer
Secretary
Director
Director
Director
Director
Director
Director
Financial trend

Revenue and expenses over time

LAY ENDOWMENT FUND reported revenue and expenses across 3 filing years.

RevenueExpenses
$626k
$124k
2021
$222k
$91k
2023
$587k
$62k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

LAY ENDOWMENT FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization nationwide earns a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

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