Lutheran Mission Developments
Lutheran Mission Developments is a large-scale charity established in 1980. Their main activity is registered as protestantism primarily serving families aboriginal and torres strait islander people financially disadvantaged people.
Lutheran Mission Developments received money during the year through the rental of a number of properties and as dividends from share investments. A significant portion of this money was then donated to the Finke River Mission which in turn ministers to approximately 6,500 Aboriginal people in Central Australia
Who They Help
- Financially disadvantaged people
- Aboriginal and Torres Strait Islander people
Total employee expenses: $32,628 (3% of revenue).
Average full-time equivalent salary: $7,449.
Revenue vs Expenses
Lutheran Mission Developments has seen an average annual growth of 6% in revenue versus a 3% p.a. increase in expenses. This can be a good sign of financial health.
Grants given out in 2020 for use within Australia: $270,000
Assets vs Liabilities
As of 2020, Lutheran Mission Developments has a debt-to-equity (D/E) ratio of 0.44. This is considered slightly riskier than average within the charity space.
Sources of Revenue
Sources of Expense
- Kevin Obst
- Bryan Elliott
- Andrew Venning
- Brett Mcmutrie
- DirectorPossibly also represents: Fullarton Lutheran Homes Inc.
- James Juers
- DirectorPossibly also represents: Trinity Place.
- Timothy Stollznow
- Stephen Hoffmann
- DirectorPossibly also represents: Grace Lutheran Church Childers.
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- Registration Status
- Charity is registered.
- DGR Status
Donations are not tax deductible.
- Office Address
197 Archer St
- Operating States
- Entity Type
Australian Public Company
A company is a non-individual client type. Company is defined to include a body corporate and any other unincorporated association or body of persons but does not include a partnership or a non-entity joint venture.
- money, sa, investments, aboriginal people, central australia, lutheran, north adelaide, finke river