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

Lutheran Mission Developments

Who They Help

  • Financially disadvantaged people
  • Families
  • Aboriginal and Torres Strait Islander people

Employees

Full-time
0
Part-time
2
Casual
0
Volunteers
6

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

Responsible People

Kevin Obst
Director
Bryan Elliott
Secretary
Andrew Venning
Director
Brett Mcmutrie
Director
Possibly also represents: Fullarton Lutheran Homes Inc.
James Juers
Director
Possibly also represents: Trinity Place.
Timothy Stollznow
Director
Stephen Hoffmann
Director
Possibly also represents: Grace Lutheran Church Childers.

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ABN
83007941362
Registration Status
Charity is registered.
DGR Status
Not endorsed.

Donations are not tax deductible.

Office Address
197 Archer St
North Adelaide
SA 5006
Australia
Operating States
NT
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.

Contacts
[email protected]

Website
Facebook
Categories
money, sa, investments, aboriginal people, central australia, lutheran, north adelaide, finke river