Graceworks Lutheran Services
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Graceworks Lutheran Services meets the 20 Standards for Charity Accountability.
Stated Purpose:
"In response to Jesus Christ, Graceworks Lutheran Services helps people experience dignity and wholeness in relationship with God, family and community."
Year, State Incorporated:
1926, OH
Also Known As:
Lutheran Social Services of Mid-America
Graceworks Lutheran Services (Graceworks) provides housing and community–based services for seniors and adults with developmental disabilities. The Graceworks service lines which assist thousands of individuals annually include a Continuing Care Retirement Community, residential and emergency housing for adults with developmental disabilities, and affordable housing for low-income seniors. Graceworks provides three types of residential housing. Graceworks Housing Services provides federally subsidized HUD 202 housing for seniors or adults with disabilities with limited incomes in 18 apartment communities in Ohio, Indiana, and Kentucky. Graceworks Enhanced Living provides residential housing and day programming services for adults with developmental and intellectual disabilities in 45 residential group homes in Dayton and Cincinnati, serving Montgomery, Green, Hamilton, and Butler counties. Graceworks Enhanced Living also provides adult day programming for adults with developmental disabilities in Dayton and Cincinnati. Bethany Village, located in Centerville, OH is a 110-acre Continuing Care Retirement Community offering independent living, assisted living, memory support, nursing home care, medical rehab, and in-home skilled nursing and licensed therapies.
For the year ended December 31, 2023, Graceworks Lutheran Services's program expenses were:
| Programs | $88,397,642 |
| Total Program Expenses | $88,397,642 |
Chief Executive
Judy Budi, President/CEO
Chair of the Board
Thomas Petrovic, Community Volunteer
Chair's Profession / Business Affiliation
Board Size
17
Paid Staff Size
1100
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Graceworks Lutheran Services's audited financial statements - consolidated for the year ended December 31, 2023.
Source of Funds
| Operating Revenue | $96,431,944 |
| Unrealized Gain on Investments | $2,560,506 |
| Interest and Dividends | $1,275,918 |
| Gifts | $616,774 |
| Gain on Disposal of Capital Assets | $594,560 |
| Bequests and Other Deferred Gifts | $39,631 |
| Other | $20,002 |
| Total Income | $101,539,335 |
Programs: 91% Fundraising: 0% Administrative: 9%
| Total Income | $101,539,335 |
| Total expenses: | $97,130,383 |
| Program expenses | $88,397,642 |
| Fundraising expenses | $253,375 |
| Administrative expenses | $8,479,366 |
| Other expenses | $0 |
| Income in Excess of Expenses | $4,408,952 |
| Beginning Net Assets | $16,628,795 |
| Other Changes In Net Assets | $-976,463 |
| Ending Net Assets | $20,061,284 |
| Total Liabilities | $142,731,510 |
| Total Assets | $168,386,225 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB of Dayton and Miami Valley