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Lutheran Retirement Center - Salisbury Inc

Trinity Oaks

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561540214 ✦ Salisbury, NC ✦ Designated as a 501(c)(3)

Overview

What is Lutheran Retirement Center - Salisbury Inc?

Lutheran Retirement Center - Salisbury Inc is a nonprofit organization dedicated to serving retirees, in alignment with the Lutheran Services for the Aging, Inc. (LSA). Their mission, "empowered by Christ, we walk together with all we serve," guides their provision of residential and assisted living services. They aim to make a difference in the lives of seniors, supporting their overall well-being.


Official website here: www.lscarolinas.net

Is Lutheran Retirement Center - Salisbury Inc legitimate?

Lutheran Retirement Center - Salisbury Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Retirement Center - Salisbury Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,188,861

For more financial information, click here


Official website here: www.lscarolinas.net

What is the mission statement of Lutheran Retirement Center - Salisbury Inc?

Lutheran Retirement Center-Salisbury Inc is dedicated to serving retirees with residential and assisted living services. Guided by their mission statement, "empowered by Christ, we walk together with all we serve," they support the Lutheran Services for the Aging, Inc. (LSA). This mission reflects a commitment to companionship and empowerment for those in their care. By working in partnership with LSA, they aim to provide a caring environment that fosters dignity and respect for all individuals. Their Christian-based approach encourages unity and collaboration, enabling them to make a positive difference in the lives of those they serve.


Official website here: www.lscarolinas.net

Who is the CEO of Lutheran Retirement Center - Salisbury Inc?

Ted Goins is the Ceo/President of Lutheran Retirement Center - Salisbury Inc. The CEO's salary of Lutheran Retirement Center - Salisbury Inc is $0 and their total compensation is $384,553.


Official website here: www.lscarolinas.net

What is the revenue of Lutheran Retirement Center - Salisbury Inc?

Lutheran Retirement Center - Salisbury Inc's revenue in 2022 was $12,212,812.


Official website here: www.lscarolinas.net

Who are the executives of Lutheran Retirement Center - Salisbury Inc and what are their salaries?

The average compensation at Lutheran Retirement Center - Salisbury Inc during 2022 was $20,573. There are 155 employees at Lutheran Retirement Center - Salisbury Inc.

Here are 10 key members and their salaries (Lutheran Retirement Center - Salisbury Inc's CEO's salary is $0 and their total compensation is $384,553):

    Ted Goins (Ceo/President) [Trustee/Director]
  • Compensation: $0
  • Related: $372,224
  • Other: $12,329

    • Kirby Nickerson (Chief Financial Officer)
  • Compensation: $0
  • Related: $249,074
  • Other: $16,049

    • Kesha Smith (Coo - Senior Services)
  • Compensation: $0
  • Related: $238,498
  • Other: $16,056

    • William Johnson (Executive Director)
  • Compensation: $209,074
  • Related: $0
  • Other: $9,237

    • Lorie Aldridge (Director Of Sales And Marketing)
  • Compensation: $111,154
  • Related: $0
  • Other: $8,495

    • Karen Maddry (Secretary)
  • Compensation: $0
  • Related: $79,943
  • Other: $6,986

    • Gregory Hudgins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cary M Grant (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sally Agner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lscarolinas.net

    Where can I find the form 990 for Lutheran Retirement Center - Salisbury Inc?

    The Lutheran Retirement Center - Salisbury Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lscarolinas.net

    Learn more at the official website: www.lscarolinas.net

    Mission Statement of Lutheran Retirement Center - Salisbury Inc

    Lutheran Retirement Center-Salisbury, a faith-based organization, is dedicated to empowering retirees in their journey of aging. Aligning with the mission of Lutheran Services for the Aging, Inc., this esteemed institution walks alongside all it serves, guided by the principles of Christianity.

    In simple terms, the Lutheran Retirement Center-Salisbury strives to provide essential residential and assisted living services to retirees, fostering a nurturing and inclusive environment. Its primary objective is to support the spiritual and daily living needs of older adults, embracing the Christian belief of unity and companionship. The team at the Center is devoted to creating a community where all feel valued and cared for, enabling them to thrive in their later years.

    Impact

    This information is meant to be a general summary of Lutheran Retirement Center - Salisbury Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lutheran Retirement Center - Salisbury Inc provides residential and assisted living services to retirees in support of the Lutheran Services for the Aging, Inc. Their mission is "Empowered by Christ, we walk together with all we serve." This organization has a significant impact on the community by offering housing options for retirees that promote a sense of community and support. Their commitment to empowering individuals in their aging journey, guided by faith-based values, is evident in the care and services they provide. Through their work, Lutheran Retirement Center - Salisbury Inc positively impacts the lives of retirees and contributes to the well-being of seniors in the Salisbury area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $89,488
  • Program Service Revenue: $10,414,964
  • Gross Receipts: $12,234,088

    • Assets and Liabilities:
  • Total Assets: $27,430,186
  • Total Liabilities: $21,476,913
  • Net Assets: $5,953,273
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SERVICE FEE REVENUE

    Revenue

    $8,647,682

    ENTRANCE FEES

    Revenue

    $1,767,282

    Organization Details

    Founding Year

    1986

    Principal Officer

    Ted Goins

    Main Address

    PO BOX 947, SALISBURY, NC, 281450947

    NTEE Category

    Code: L22Z - Housing

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