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Thrivent Financial For Lutherans

  • Minneapolis, MN
  • Tax-exempt since March 1965
  • EIN: 39-0123480

Organization summary

Type of Nonprofit

Designated as a Fraternal beneficiary societies and associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.
Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$10.3B (2022)

Expenses
$9.13B (2022)

Total Assets
$108B (2022)

Total Liabilities
$94.2B (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,282,948,737
Expenses
$9,133,658,483
Net Income
$1,149,290,254
Net Assets
$13,767,956,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,573,165,918
63.9%
Investment Income $2,095,903,787
20.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $904,331
0.0%
Net Fundraising $0
Sales of Assets $69,026,018
0.7%
Net Inventory Sales $0
Other Revenue $1,543,948,683
15.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $38,434,842
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $481,780,662
5.3%
Assets/Debt
Total Assets $107,958,225,885
Total Liabilities $94,190,269,089
Net Assets $13,767,956,796
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Teresa Rasmussen (Ceo) $6,920,027 $0 $7,585,794
Mary Jane Fortin (Evp, Cco) $4,734,598 $0 $2,875,951
David Royal (Evp, Cfo) $4,581,478 $0 $2,191,633
Paul Johnston (Evp, General Counsel) $3,583,874 $0 $2,524,299
Vibhu Sharma (Evp, Cfo) $2,693,775 $0 $37,830
Matthew Finn (Vp, Head Of Equity Funds) $2,661,718 $0 $1,024,073
Eric Bilger (Practice Developer) $2,358,528 $1,176,101 $40,203
Ryan Eckhardt (Financial Associate) $964,395 $1,850,195 $50,615
David Granner (Practice Developer) $628,413 $2,023,690 $38,602
Don Knoernschild (Practice Developer) $597,014 $2,021,452 $48,616
Bonnie Raquet (Chair Of The Board) $373,036 $0 $2,800
Terry Timm (Svp, Product Manufact.(Former)) $367,731 $0 $138,542
Randall Boushek (Evp, Cfo (Former)) $278,702 $0 $96,667
Douglas Bearrood (Vp, Corp. Actuarial (Former)) $249,721 $0 $84,603
Kirk Farney (Director) $244,017 $0 $411
Bradford Creswell (Director) $244,017 $0 $0
Eric Draut (Director) $244,017 $0 $0
Kathryn Marinello (Director) $244,017 $0 $0
N Cornell Boggs (Director) $244,017 $0 $0
Mark Jeske (Director) $219,433 $0 $1,642
Angela Rieger (Director) $219,433 $0 $0
Deborah Ackerman (Director) $219,433 $0 $0
Jill Louis (Director) $219,433 $0 $0
Kenneth Carow (Director) $219,433 $0 $0
Lynn Crump Caine (Director) $219,433 $0 $0
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990
Filed on Nov. 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,411,972,004
Expenses
$8,849,883,063
Net Income
$2,562,088,941
Net Assets
$13,694,794,809
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,819,234,327
59.8%
Investment Income $1,927,701,202
16.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,188,288
0.0%
Net Fundraising $0
Sales of Assets $297,740,720
2.6%
Net Inventory Sales $0
Other Revenue $2,366,107,467
20.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $34,613,471
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $512,729,769
5.8%
Assets/Debt
Total Assets $115,568,692,144
Total Liabilities $101,873,897,335
Net Assets $13,694,794,809
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Teresa Rasmussen (Ceo) $5,254,762 $0 $5,477,181
David Royal (Evp, Cio) $3,140,859 $0 $2,200,957
Mary Jane Fortin (Evp, Cco) $3,005,470 $0 $3,010,924
Matthew Finn (Vp, Head Of Equity Funds) $2,798,578 $0 $1,051,121
Mark Simenstad (Vp,Chief Investment Strategist) $2,685,742 $0 $528,863
Vibhu Sharma (Evp, Cfo) $2,345,551 $0 $2,425,318
Eric Bilger (Practice Developer) $2,250,392 $1,139,393 $37,857
Paul Johnston (Evp, General Counsel) $2,156,520 $0 $2,660,388
Terry Timm (Svp, Product Manufact.(Former)) $1,316,121 $0 $468,403
Ryan Eckhardt (Financial Associate) $841,059 $1,628,470 $47,160
Donald Knoernschild (Practice Developer) $683,252 $1,776,056 $45,513
Randall Boushek (Evp, Cfo (Former)) $644,849 $0 $349,445
Bradford Hewitt (Ceo (Former)) $569,444 $0 $0
Douglas Bearrood (Vp, Corp. Actuarial (Former)) $396,284 $0 $178,369
Bonnie Raquet (Chair Of The Board) $361,278 $0 $2,892
James Thomsen (Svp, Distribution (Former)) $294,444 $0 $120,000
Kirk Farney (Director) $232,517 $0 $424
N Cornell Boggs (Director) $232,517 $0 $0
Eric Draut (Director) $232,517 $0 $0
Kathryn Marinello (Director) $232,517 $0 $0
Bradford Creswell (Director) $230,850 $0 $0
Mark Jeske (Director) $212,517 $0 $1,696
Deborah Ackerman (Director) $212,517 $0 $0
Kenneth Carow (Director) $212,517 $0 $0
Lynn Crump Caine (Director) $212,517 $0 $0
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990
Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,215,966,710
Expenses
$8,558,921,003
Net Income
$657,045,707
Net Assets
$10,698,405,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,151,859,126
66.8%
Investment Income $1,957,907,109
21.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $991,142
0.0%
Net Fundraising $0
Sales of Assets -$39,546,738
Net Inventory Sales $0
Other Revenue $1,144,756,071
12.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $20,389,978
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $397,278,011
4.6%
Assets/Debt
Total Assets $109,337,088,721
Total Liabilities $98,638,683,146
Net Assets $10,698,405,575
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Teresa Rasmussen (Ceo) $3,420,400 $0 $3,401,606
David S Royal (Evp, Chief Investment Officer) $2,344,824 $0 $1,868,389
Mark L Simenstad (Vp, Chief Investment Strat.) $2,324,109 $0 $118,947
Matthew Finn (Vp, Head Of Equity Funds) $2,311,678 $0 $942,908
Bradford Hewitt (Ceo (Former)) $2,311,000 $0 $569,444
Vibhu Sharma (Evp, Cfo & Treasurer) $2,172,075 $0 $374,259
Paul Johnston (Evp, General Counsel & Sec.) $2,034,624 $0 $1,868,389
Terry Timm (Svp, Product Mfg. (Former)) $1,935,632 $0 $876,432
Jim Thomsen (Svp, Distribution (Former)) $1,730,357 $0 $381,325
Eric W Bilger (Practice Developer) $1,653,256 $881,075 $36,966
Randall Boushek (Evp, Cfo & Treasurer (Former)) $1,580,734 $0 $721,743
Susan Oberman Smith (Svp, Chief Actuary (Former)) $1,011,884 $0 $187,181
Donald Knoernschild (Practice Developer) $717,013 $1,306,794 $44,049
Christopher Kopka (Pres, Th Church Svcs (Former)) $491,574 $0 $128,333
Mary Nease (Chief Hr Officer (Former)) $474,464 $0 $139,583
Doug Bearrood (Vp, Corporate Actuarial) $374,174 $0 $158,378
Bonnie Raquet (Chair Of The Board) $346,125 $0 $3,966
Russell Swansen (Evp,Chief Inv Officer (Former)) $317,763 $0 $0
Frederick G Kraegel (Director) $222,917 $0 $4,266
Kirk D Farney (Director) $222,917 $0 $435
Kathryn V Marinello (Director) $222,917 $0 $0
N Cornell Boggs (Director) $222,917 $0 $0
Eric J Draut (Director) $221,917 $0 $0
Mark A Jeske (Director) $203,583 $0 $1,740
Bradford Creswell (Director) $203,583 $0 $0
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990
Filed on Nov. 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,585,386,020
Expenses
$8,595,754,017
Net Income
$989,632,003
Net Assets
$10,064,810,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,369,010,371
66.4%
Investment Income $1,963,595,372
20.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,032,501
0.0%
Net Fundraising $0
Sales of Assets $23,511,490
0.2%
Net Inventory Sales $0
Other Revenue $1,228,236,286
12.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $17,701,833
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $414,857,627
4.8%
Assets/Debt
Total Assets $100,652,305,618
Total Liabilities $90,587,495,054
Net Assets $10,064,810,564
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (Ceo (Former)) $7,013,638 $0 $856,482
David C Francis (Vp, Investment Equities) $3,041,018 $0 $145,334
Teresa Rasmussen (Ceo) $3,002,928 $0 $1,451,769
David S Royal (Svp, Chief Investment Officer) $2,508,714 $0 $937,243
Mark L Simenstad (Vp, Chief Investment Strat.) $2,488,036 $0 $660,548
Matthew Finn (Vp, Head Of Equity Funds) $2,010,844 $0 $431,782
Eric W Bilger (Practice Developer) $1,943,330 $827,594 $39,161
Jim Thomsen (Svp (Former)) $1,890,745 $0 $324,376
Randall L Boushek (Svp, Cfo & Treasurer) $1,804,859 $0 $757,144
Mike Fuehrmeyer (Financial Associate) $1,785,502 $0 $356,724
Terry Timm (Svp, Product Manufacuring) $1,718,907 $0 $182,349
Paul Johnston (Svp, General Counsel & Sec.) $1,713,897 $0 $1,006,535
Christopher Kopka (Pres, Thrivent Church Svcs) $1,559,145 $0 $167,778
Vibhu Sharma (Svp, Cfo & Treasurer) $1,381,720 $0 $714,921
Susan Oberman Smith (Chief Actuary (Former)) $878,262 $0 $161,318
Mary Nease (Svp, Chief Hr Officer (Former)) $793,510 $0 $124,028
Russell Swansen (Chief Invest Officer (Former)) $641,300 $0 $91,667
Doug Bearrood (Vp, Corporate Actuarial) $362,534 $0 $92,662
Bonnie Raquet (Chair Of The Board) $319,200 $0 $3,023
Alice M Richter (Director) $200,182 $0 $4,347
Frederick G Kraegel (Director) $199,500 $0 $4,347
Kirk D Farney (Director) $199,500 $0 $443
Kathryn V Marinello (Director) $199,500 $0 $0
Cornell N Boggs (Director) $198,500 $0 $0
Nikki Pechet (Director) $189,742 $0 $0
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990
Filed on Nov. 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,556,874,782
Expenses
$8,350,497,512
Net Income
$1,206,377,270
Net Assets
$9,129,599,364
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,485,724,457
67.9%
Investment Income $1,848,428,030
19.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,648,574
0.0%
Net Fundraising $0
Sales of Assets $145,996,864
1.5%
Net Inventory Sales $0
Other Revenue $1,075,076,857
11.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $26,901,386
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $411,150,418
4.9%
Assets/Debt
Total Assets $90,501,091,616
Total Liabilities $81,371,492,252
Net Assets $9,129,599,364
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (Ceo) $4,270,334 $0 $1,719,628
David C Francis (Vp, Investment Equities) $3,245,710 $0 $402,473
Teresa Rasmussen (Ceo) $2,674,946 $0 $1,053,655
Mark L Simenstad (Vp, Chief Investment Strat.) $2,474,802 $0 $552,333
Eric W Bilger (Practice Developer) $2,009,238 $740,538 $38,320
James A Thomsen (Svp, Distribution) $1,956,065 $0 $705,750
David S Royal (Svp, Chief Investment Officer) $1,594,811 $0 $748,406
Randall L Boushek (Svp, Cfo & Treasurer) $1,485,378 $0 $760,022
Russell Swansen (Chief Invest Officer (Former)) $1,452,623 $0 $360,000
Terry W Timm (Svp, Product Manufacturing) $1,222,625 $0 $750,250
Paul Johnston (Svp, General Counsel & Sec.) $1,092,086 $0 $767,484
Donald G Knoernschild (Practice Developer) $845,417 $996,851 $43,905
Christopher J Kopka (President, Thrivent Church Svc) $798,962 $0 $465,664
Susan Oberman Smith (Chief Actuary) $694,537 $0 $381,364
Mary Nease (Svp, Chief Hr Officer) $521,772 $0 $262,344
Douglas A Bearrood (Vp, Corporate Actuarial) $321,313 $0 $97,777
Dean Solomon (Wealth Advisor) $305,458 $1,550,055 $1,395
Bonnie Raquet (Chairman) $300,117 $0 $2,900
Frederick M Kuhlmann (Director) $196,893 $0 $4,170
Alice M Richter (Director) $194,295 $0 $4,170
Frederick G Kraegel (Director) $193,417 $0 $4,170
Kathryn V Marinello (Director) $193,417 $0 $0
Kirk D Farney (Director) $193,417 $0 $425
Cornell N Boggs (Director) $182,745 $0 $0
Eric J Draut (Director) $181,417 $0 $0
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990
Filed on Nov. 7, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,417,834,993
Expenses
$8,901,198,410
Net Income
$516,636,583
Net Assets
$8,269,327,092
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,457,185,758
68.6%
Investment Income $1,806,450,046
19.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,377,932
0.0%
Net Fundraising $0
Sales of Assets $73,647,048
0.8%
Net Inventory Sales $0
Other Revenue $1,079,174,209
11.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $25,608,255
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $389,333,630
4.4%
Assets/Debt
Total Assets $90,967,341,073
Total Liabilities $82,698,013,981
Net Assets $8,269,327,092
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (Ceo) $3,473,741 $0 $2,104,771
David C Francis (Vp, Investment Equities) $2,346,302 $0 $432,635
Eric W Bilger (Lead Financial Consultant) $2,201,829 $646,279 $36,964
Mark L Simenstad (Vp, Chief Investment Strat.) $2,038,234 $0 $415,378
Russell W Swansen (Chief Investment Officer) $1,943,790 $0 $543,480
Teresa Rasmussen (President, Thrivent Financial) $1,600,202 $0 $980,088
James A Thomsen (President, Thrivent Holdings) $1,466,975 $0 $624,026
Randall L Boushek (Cfo & Treasurer) $1,451,423 $0 $734,743
David S Royal (Chief Investment Officer) $1,282,889 $0 $508,269
Terry W Timm (Chief Administrative Officer) $1,185,626 $0 $865,650
Knut Olson (Svp (Former)) $1,080,623 $0 $0
Donald G Knoernschild (Wealth Advisor) $1,021,524 $841,807 $42,930
Paul R Johnston (General Counsel & Secretary) $842,633 $0 $570,075
Christopher J Kopka (President, Thrivent Church Sol) $732,414 $0 $366,593
David N Granner (Financial Consultant) $648,287 $1,183,962 $42,648
Susan Oberman Smith (Chief Actuary) $612,626 $0 $313,490
Mary Nease (Svp, Chief Hr Officer) $339,249 $0 $129,917
Paul Zastrow (Vp, Treasurer (Former)) $331,919 $0 $100,764
Douglas A Bearrood (Vp, Corporate Actuarial) $307,485 $0 $92,895
Frank Henry Moeller (Chairman) $301,996 $0 $4,000
Frederick M Kuhlmann (Director) $187,435 $0 $4,000
Bonnie Raquet (Chairman) $186,583 $0 $2,781
Alice M Richter (Director) $186,583 $0 $4,000
Frederick George Kraegel (Director) $186,583 $0 $4,000
Kathryn V Marinello (Director) $186,583 $0 $0
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990
Filed on Nov. 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,587,415,035
Expenses
$9,031,607,225
Net Income
$555,807,810
Net Assets
$7,725,613,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,770,325,209
70.6%
Investment Income $1,706,372,427
17.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,109,672
0.0%
Net Fundraising $0
Sales of Assets -$115,438,953
Net Inventory Sales $0
Other Revenue $1,225,046,680
12.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $21,027,223
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $334,166,577
3.7%
Assets/Debt
Total Assets $84,809,384,257
Total Liabilities $77,083,770,334
Net Assets $7,725,613,923
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (Ceo) $3,838,301 $0 $1,397,585
Mark L Simenstad (Vp, Investments) $2,464,147 $0 $400,732
Russell W Swansen (Svp, Chief Investment Officer) $2,431,829 $0 $486,386
David C Francis (Vp, Investments) $2,423,976 $0 $427,779
Knut A Olson (Managing Partner) $2,118,042 $0 $368,925
Eric W Bilger (Lead Financial Consultant) $1,815,232 $515,572 $40,523
Randall L Boushek (Svp, Cfo) $1,634,264 $0 $646,411
Teresa Rasmussen (President, Thrivent Financial) $1,599,438 $0 $521,670
James A Thomsen (President, Thrivent Holdings) $1,516,080 $0 $528,346
Anne Sample (Svp, Chief Hr Officer (Former)) $1,072,053 $0 $236,250
Terry W Timm (Svp, Chief Admin. Officer) $978,176 $0 $355,366
Larry A Winter (Wealth Advisor) $776,266 $1,188,480 $49,266
Marie Uhrich (Vp, Marketing (Former)) $712,830 $0 $76,500
Paul R Johnston (Svp, General Counsel & Sec.) $708,633 $0 $214,278
Christopher J Kopka (President, Thrivent Church Svc) $642,881 $0 $150,332
Susan Oberman Smith (Vp, Chief Actuary) $615,581 $0 $218,066
Paul R Zastrow (Vp, Treasurer (Former)) $293,343 $0 $69,152
Frank Henry Moeller (Chairman) $291,906 $0 $4,268
Alice M Richter (Director) $185,213 $0 $4,268
Frederick M Kuhlmann (Director) $183,571 $0 $4,268
James H Scott (Director) $183,231 $0 $4,268
Frederick George Kraegel (Director) $181,963 $0 $4,268
Bonnie Raquet (Director) $180,750 $0 $2,968
Kathryn V Marinello (Director) $180,040 $0 $0
Mark A Jeske (Director) $171,655 $0 $1,741
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990
Filed on Nov. 13, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,680,842,150
Expenses
$8,910,541,696
Net Income
$770,300,454
Net Assets
$7,126,496,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,753,877,727
69.8%
Investment Income $1,752,769,591
18.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,127,720
0.0%
Net Fundraising $0
Sales of Assets -$42,291,791
Net Inventory Sales $0
Other Revenue $1,215,358,903
12.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $24,414,021
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $316,819,551
3.6%
Assets/Debt
Total Assets $80,110,687,476
Total Liabilities $72,984,191,157
Net Assets $7,126,496,319
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (Ceo) $3,653,949 $0 $1,332,511
Russell W Swansen (Svp, Chief Investment Officer) $2,373,975 $0 $479,077
Mark L Simenstad (Vice President, Investments) $2,213,002 $0 $211,138
Eric W Bilger (Lead Financial Consultant) $1,907,650 $486,113 $39,285
Teresa Rasmussen (President, Thrivent Financial) $1,605,617 $0 $495,671
Randall L Boushek (Svp, Cfo) $1,588,786 $0 $548,934
Pamela J Moret (Svp, Brightpeak Financial) $1,514,507 $0 $194,283
Knut A Olson (Svp, Financial Network) $1,367,219 $0 $459,073
James A Thomsen (President, Thrivent Holdings) $1,354,152 $0 $524,829
Anne Sample (Svp, Chief Hr Officer) $1,158,349 $0 $279,635
Donald G Knoernschild (Lead Financial Consultant) $1,147,713 $739,650 $44,759
Gary A Tangwall (Financial Associate) $1,023,856 $1,017,198 $42,628
Larry A Winter (Financial Associate) $907,547 $1,274,763 $38,099
Terry W Timm (Svp, Chief Admin. Officer) $859,798 $0 $253,958
Marie Uhrich (Vp, Marketing (Former)) $671,329 $0 $52,912
Paul R Johnston (Svp, General Counsel & Sec.) $632,024 $0 $125,197
Susan Oberman Smith (Vp, Chief Actuary) $568,085 $0 $130,626
Christopher J Kopka (President, Thrivent Church Svc) $508,634 $0 $118,744
Paul R Zastrow (Vp, Treasurer (Former)) $290,523 $0 $43,093
Frank Henry Moeller (Chairman) $261,200 $0 $4,074
James H Scott (Director) $168,251 $0 $4,074
Frederick M Kuhlmann (Director) $167,000 $0 $4,074
Alice M Richter (Director) $167,000 $0 $4,074
Frederick George Kraegel (Director) $167,000 $0 $4,074
Bonnie Raquet (Director) $167,000 $0 $2,833
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990
Filed on Nov. 10, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,475,129,863
Expenses
$8,709,938,336
Net Income
$765,191,527
Net Assets
$6,492,586,166
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,663,930,642
70.3%
Investment Income $1,772,378,367
18.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,584,904
0.0%
Net Fundraising $0
Sales of Assets -$48,994,292
Net Inventory Sales $0
Other Revenue $1,084,230,242
11.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $19,276,753
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $280,317,651
3.2%
Assets/Debt
Total Assets $76,993,332,592
Total Liabilities $70,500,746,426
Net Assets $6,492,586,166
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (President & Ceo) $2,879,943 $0 $1,194,964
Russell W Swansen (Svp, Chief Investment Officer) $1,977,866 $0 $418,726
Eric W Bilger (Lead Financial Consultant) $1,934,554 $467,462 $36,889
Randall L Boushek (Svp, Cfo) $1,492,882 $0 $343,433
Mark L Simenstad (Vice President, Investments) $1,484,348 $0 $195,908
Knut A Olson (Svp, Financial Network) $1,416,986 $0 $416,771
Gregg A Knudten (Managing Partner) $1,407,121 $0 $29,966
Teresa Rasmussen (Svp, General Counsel And Sec.) $1,368,844 $0 $455,604
Jonathan E Doering (Financial Associate) $1,317,682 $298,188 $40,923
James A Thomsen (Svp, Member Services) $1,308,470 $0 $450,022
Larry A Winter (Financial Associate) $1,194,866 $1,233,767 $35,064
Pamela J Moret (Svp, Brightpeak Financial) $1,118,841 $0 $248,200
Anne Sample (Svp, Chief Hr Officer) $919,279 $0 $310,213
Bruce J Nicholson (Chairman Ceo President(former)) $817,255 $0 $0
Terry W Timm (Svp, Shared Services & Admin) $699,352 $0 $246,204
Marie Uhrich (Vp, Marketing (Former)) $533,100 $0 $132,392
Paul R Zastrow (Vp, Treasurer (Former)) $258,341 $0 $84,531
Frank Henry Moeller (Chairman) $251,200 $0 $3,932
James H Scott (Director) $158,358 $0 $3,932
Frederick George Kraegel (Director) $158,205 $0 $3,932
Frederick M Kuhlmann (Director) $158,099 $0 $3,932
Alice M Richter (Director) $157,000 $0 $3,932
Bonnie Raquet (Director) $157,000 $0 $2,734
Cornell N Boggs (Director) $146,996 $0 $0
Adrian Tocklin (Director) $146,954 $0 $3,932
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990
Filed on Nov. 11, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,021,585,970
Expenses
$8,321,905,336
Net Income
$699,680,634
Net Assets
$5,797,909,666
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,349,454,448
70.4%
Investment Income $1,748,190,393
19.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,524,994
0.1%
Net Fundraising $0
Sales of Assets -$78,538,093
Net Inventory Sales $0
Other Revenue $997,954,228
11.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $17,474,648
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $254,743,488
3.1%
Assets/Debt
Total Assets $72,167,817,026
Total Liabilities $66,369,907,360
Net Assets $5,797,909,666
Other
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Bradford Hewitt (President & Ceo) $2,337,586 $0 $840,354
Mark L Simenstad (Vice President, Investments) $1,966,044 $0 $179,380
Russell W Swansen (Svp, Chief Investment Officer) $1,867,891 $0 $358,947
Eric W Bilger (Lead Financial Consultant) $1,733,961 $421,057 $35,196
Lauren B Althaus (Lead Financial Consultant) $1,403,177 $468,035 $36,574
Knut A Olson (Svp, Financial Network) $1,393,452 $0 $291,213
Randall L Boushek (Svp, Cfo) $1,366,694 $0 $408,023
Jonathan E Doering (Financial Associate) $1,313,638 $270,223 $36,647
Larry A Winter (Financial Associate) $1,251,067 $1,088,309 $33,598
Teresa Rasmussen (Svp, General Counsel And Sec.) $1,182,340 $0 $349,317
James A Thomsen (Svp, Member Services) $1,160,875 $0 $345,366
Nikki L Sorum (Divisional Vp (Former)) $1,011,742 $0 $83,714
Pamela J Moret (Svp, Brightpeak Financial) $943,874 $0 $227,689
Anne Sample (Svp, Chief Hr Officer) $817,996 $0 $237,750
Terry W Timm (Svp, Shared Services & Admin) $565,682 $0 $136,190
Marie Uhrich (Vp, Affinity Marketing) $502,386 $0 $113,385
Frank Henry Moeller (Chairman) $242,764 $0 $4,065
Paul R Zastrow (Vp, Treasurer (Former)) $236,686 $0 $58,300
Bruce J Nicholson (Chairman Ceo President(former)) $233,690 $0 $0
James H Scott (Director) $156,827 $0 $4,065
Frederick M Kuhlmann (Director) $156,704 $0 $4,065
Frederick George Kraegel (Director) $154,950 $0 $4,065
Bonnie Raquet (Director) $154,321 $0 $2,827
Alice M Richter (Director) $154,306 $0 $4,065
Adrian Tocklin (Director) $142,756 $0 $4,065
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990
Filed on Nov. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,786,968,473
Expenses
$8,282,236,991
Net Income
$504,731,482
Net Assets
$4,385,929,095
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,133,004,837
69.8%
Investment Income $1,709,024,933
19.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,478,830
0.0%
Net Fundraising $0
Sales of Assets -$92,706,540
Net Inventory Sales $0
Other Revenue $1,036,166,413
11.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $19,863,633
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $230,062,450
2.8%
Assets/Debt
Total Assets $68,432,311,054
Total Liabilities $64,046,381,959
Net Assets $4,385,929,095

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,507,178,655
Expenses
$8,083,165,318
Net Income
$424,013,337
Net Assets
$4,003,470,784
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,898,891,239
69.3%
Investment Income $1,706,444,076
20.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $711,569
0.0%
Net Fundraising $0
Sales of Assets -$56,232,348
Net Inventory Sales $0
Other Revenue $957,364,119
11.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $21,213,791
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $250,362,738
3.1%
Assets/Debt
Total Assets $62,261,147,678
Total Liabilities $58,257,676,894
Net Assets $4,003,470,784

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated