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Business

Thrivent offices post yearly profits

DIXON – Thrivent Financial announced that its 2013 financial results led to a fifth consecutive year of growth for the nonprofit membership organization.

The company continued to increase its financial strength as assets under management, revenue, and surplus. Thrivent’s outreach funding through the company and its members, contributed $182.7 million in direct support to charitable organizations, schools, congregations, and communities nationwide.

Assets under management grew to $90.4 billion, up 9.9 percent over 2012, while total revenue was up 2.4 percent, climbing to $8.5 billion from the previous year. Total surplus and stability of a financial services organization reached $6.9 billion, 12.7 percent higher than 2012, and now stand at an all-time high for the organization.

Choice Dollars grant funds totalling $31,155, were distributed to congregations and organizations in the Lee County area.

Thrivent membership is open to all Christians. For more information, contact financial representatives Jeanine Pitman or Dawn Kirchhoff at 404 N. Galena Ave., Dixon, 815-288-2211; or Larry Cooper, at 2000 N. Locust St., Sterling, 815-625-2200.

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