Thrivent Financial for Lutherans
Minneapolis, MN · EIN 39-0123480 · Rank 12 by total revenue
Thrivent financial for lutherans is a fraternal benefit society operating under the lodge system and providing life, health, and other benefits to its members & dependents
Money, Form 990 for tax year 2024
- Total revenue
- $11,798,685,276
- Total expenses
- $11,201,117,675
- Total assets
- $117,961,275,629
- Salary base (all salaries and wages)
- $668,822,527
- Salaries, other pay and benefits
- $820,320,129
- Employees
- 8,385
- Salary base per employee
- $79,764
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (16)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Teresa Rasmussen | CEO | Board, Officer | 55 | $23,314,953 |
| David Royal | EVP, CFO | Officer | 55 | $8,627,405 |
| Paul Johnston | EVP, GENERAL COUNSEL | Officer | 55 | $6,940,042 |
| N Cornell Boggs | CHAIR OF THE BOARD | Board | 12 | $391,000 |
| Bradford Creswell | DIRECTOR | Board | 10 | $268,750 |
| Eric Draut | DIRECTOR | Board | 10 | $268,750 |
| Kathryn Marinello | DIRECTOR | Board | 10 | $268,750 |
| Lynn Crump-Caine | DIRECTOR | Board | 10 | $268,750 |
| Angela Rieger | DIRECTOR | Board | 10 | $243,750 |
| Deborah Ackerman | DIRECTOR | Board | 10 | $243,750 |
| Jill Louis | DIRECTOR | Board | 10 | $243,750 |
| Kenneth Carow | DIRECTOR | Board | 10 | $243,750 |
| Nichole Pechet | DIRECOTR | Board | 10 | $243,750 |
| Brian McGrane | DIRECTOR | Board | 10 | $243,750 |
| Mark Jeske | DIRECTOR | Board | 10 | $41,245 |
| Kirk Farney | DIRECTOR | Board | 10 | $26,769 |
Top 10 paid people listed
These 10 people received $66,563,240, which is 10.0% of the $668,822,527 salary base shared by 8,385 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Teresa Rasmussen | CEO | Board, Officer | 55 | $11,703,049 | $0 | $11,611,904 | $23,314,953 |
| David Royal | EVP, CFO | Officer | 55 | $5,820,522 | $0 | $2,806,883 | $8,627,405 |
| Paul Johnston | EVP, GENERAL COUNSEL | Officer | 55 | $4,227,282 | $0 | $2,712,760 | $6,940,042 |
| Mary Jane Fortin | EVP, COO (FORMER) | Former | 0 | $5,787,096 | $0 | $0 | $5,787,096 |
| Eric Bilger | FINANCIAL ASSOCIATE | Highly paid employee | 55 | $3,173,697 | $1,484,048 | $51,205 | $4,708,950 |
| Jonathan Doering | FINANCIAL ASSOCIATE | Highly paid employee | 55 | $1,299,687 | $3,133,288 | $57,818 | $4,490,793 |
| Matthew Molstre | FINANCIAL ASSOCIATE | Highly paid employee | 55 | $1,129,489 | $3,155,532 | $57,818 | $4,342,839 |
| Ryan Eckhardt | FINANCIAL ASSOCIATE | Highly paid employee | 55 | $1,460,553 | $2,536,927 | $57,803 | $4,055,283 |
| Brian Anderson | FINANCIAL ASSOCIATE | Highly paid employee | 55 | $2,636,042 | $1,211,019 | $57,818 | $3,904,879 |
| N Cornell Boggs | CHAIR OF THE BOARD | Board | 12 | $391,000 | $0 | $0 | $391,000 |
Sources
- IRS e-file return 202543179349302929 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 39-0123480
- Organization website (as filed): www.thrivent.com