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Filing year 2023

Lutheran Brethren Retirement Services Inc

Fergus Falls, Minnesota·EIN 41-1597277·3
Total revenue
$8.9M
Total assets
$5.3M
Total expenses
$7.6M
Reported officers
8
Mission

To provide care and housing for the elderly and disabled.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Base
$122k
Bonus
Other
Benefits
$21k
Asst Don/mds Coordinator
highest compensated employee
$139k
$154k
Adminstrator
highest compensated employee
$137k
$152k

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 5 unpaid individuals.

Down 21%
from 2022

From $199k in 2022 to $157k in 2023.

$199k
2022
$157k
2023
In today's dollarsEst.
Down 24% in real terms$228k to $174k

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

Lutheran Brethren Retirement Services Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.4M
$8.6M
2022
$8.9M
$7.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
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