To support the activities & to invest & raise funds for the exclusive use of shepherd of the valley

501(c)(3) charity; gifts are tax-deductible.
31¢ of each $1 spent went to programs.
$26K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $184K a year · 35% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
31%
of spending
Concern: 31% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$26K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Plus $3.2M in investments, Pt X · Ln 11–13
Looks good: 14.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $4K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$268K
Spent
$238K
To programs
31%
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$268K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$268K
FY2021$607K
FY2022$356K
FY2023$872K
FY2024$546K
Expenses
$238K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$238K
FY2021$237K
FY2022$338K
FY2023$396K
FY2024$520K
Net assets
$3.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$3.9M
FY2022$3.2M
FY2023$3.9M
FY2024$4.1M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

31 cents of each dollar spent went to programs.

Program services 31% · $73K Management & general 24% · $58K Fundraising 45% · $107K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $26K paid to officers and key staff.

Part VII, Section A · reportable compensation
$26,033Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Richard Limongi’s $35K as CEO is at the 22nd percentile of top reported officer pay among 1979 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Richard Limongi$34,894$34,772$31,611$28,738$26,033

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Invests in and raises funds for Shepherd of the Valley's programs and activities.

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Provided by the organization

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1 program · $73K · in their own filed words · FY2020
01

To support the activities and to invest and raise funds for the exclusive use of the shepherd of the valley lutheran retirement services, inc. (a tax exempt organization).

$73Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$4K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$268K
Ln 12
Gifts and grantsLn 1h$226K
Investment incomeLn 3$42K
Money outPt IX
$238K
Ln 25
Programscol B$73K
Managementcol C$58K
Fundraisingcol D$107K
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$282K
Total assetsLn 16$3.5M
LiabilitiesLn 26$18K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$226K
Investment incomeLn 3$42K
Gains on assetsLn 7−$17K
Total revenueLn 12$268K
Assets in detailPt X, end of year
SavingsLn 2$282K
Cash and savings togetherLn 1–2$282K
InvestmentsLn 11–13$3.2M
Land, buildings, equipmentLn 10c$6K
Other assetsLn 15$25K
Total assetsLn 16$3.5M
LiabilitiesLn 26$18K
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 53
VolunteersI 627
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$153K$282K
InvestmentsLn 11–13$2.9M$3.2M
Land, buildings, equipmentLn 10c$5K$6K
Total assetsLn 16$3.1M$3.5M
LiabilitiesLn 26$19K$18K
Net assetsLn 32$3.1M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$27K$27K
Other salaries and wagesLn 7$90K$12K$78K
Other employee benefitsLn 9$7K$2K$5K
Payroll taxesLn 10$7K$1K$5K
Accounting feesLn 11c$14K$7K$7K
Advertising and promotionLn 12$1K$1K
OccupancyLn 16$4K$3K$606
Payments to affiliatesLn 21$73K$73K
Depreciation, depletion and amortizationLn 22$1K$1K
Other expenses (24a–d)Ln 24$14K$4K$10K
Total functional expensesLn 25$238K$73K$58K$107K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $546K$520K$27K$4.1M 990 PDF
FY2023 $872K$396K$476K$3.9M 990 PDF
FY2022 $356K$338K$18K$3.2M 990 PDF
FY2021 $607K$237K$370K$3.9M 990 PDF
FY2020 Viewing $268K$238K$30K$3.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $267,821 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $95,310$225,768
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $72,246$42,053
I-11 Other revenuePrior year −$6,540$0
I-12 Total revenuePrior year $161,016$267,821
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $126,394$130,833
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $219,613$107,471
I-18 Total expensesPrior year $346,007$238,304
I-19 Revenue less expensesPrior year −$184,991$29,517
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $267,821 across 5 lines filed
VIII-1f All other contributions, gifts and grants$225,768
VIII-1h Total contributions, gifts and grants$225,768
VIII-3 Investment incomeExcluded from tax $59,022$59,022
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$16,969−$16,969
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $42,053$267,821
Part IX · Statement of functional expenses $238,304 across 10 lines filed
IX-5 Pay of current officers, directors and key staffManagement $27,162$27,162
IX-7 Other salaries and wagesManagement $12,081 · Fundraising $77,861$89,942
IX-9 Other employee benefitsManagement $2,318 · Fundraising $4,736$7,054
IX-10 Payroll taxesManagement $1,436 · Fundraising $5,239$6,675
IX-11c Accounting feesManagement $7,066 · Fundraising $6,907$13,973
IX-12 Advertising and promotionFundraising $1,081$1,081
IX-16 OccupancyManagement $3,060 · Fundraising $606$3,666
IX-21 Payments to affiliatesPrograms $73,468$73,468
IX-22 Depreciation, depletion and amortizationManagement $1,140$1,140
IX-24 Other expenses (24a–d)Management $3,695 · Fundraising $10,448$14,143
IX-25 Total functional expensesPrograms $73,468 · Management $57,958 · Fundraising $106,878$238,304
Part X · Balance sheet $3,486,231 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $153,498$282,019
X-10c Land, buildings and equipment, netStart of year $5,337$5,691
X-11 Publicly traded securitiesStart of year $2,943,554$3,173,614
X-15 Other assetsStart of year $24,002$24,907
X-16 Total assetsStart of year $3,126,391$3,486,231
X-17 Accounts payable and accrued expensesStart of year $19,049$18,287
X-26 Total liabilitiesStart of year $19,049$18,287
X-27 Net assets without donor restrictionsStart of year $2,985,686$3,275,068
X-28 Net assets with donor restrictionsStart of year $121,656$192,876
X-32 Total net assets or fund balancesStart of year $3,107,342$3,467,944
X-33 Total liabilities and net assetsStart of year $3,126,391$3,486,231
Part XI · Reconciliation of net assets $3,467,944 net assets at year end
XI-1 Total revenue$267,821
XI-2 Total expenses$238,304
XI-3 Revenue less expenses$29,517
XI-4 Net assets at start of year$3,107,342
XI-5 Net unrealized gains (losses) on investments$331,085
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,467,944

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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