nonprofit logo

The Lincoln Home

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

EIN: 010220430 ✦ Newcastle, ME ✦ Designated as a 501(c)(3)

Overview

What is The Lincoln Home?

The Lincoln Home, located in Newcastle, Maine, is a renowned nonprofit organization dedicated to senior living. Established in 1927 with a modest beginning, it grew from a simple boarding home for the elderly to a comprehensive senior care facility. The organization now offers various support services, including independent living, assisted living, private duty home care, and memory loss care, all in a home-like environment. With a commitment to providing joyful and abundant living for seniors, The Lincoln Home has earned an exceptional reputation as the go-to place for senior care, offering current and relevant information on senior issues and a vibrant community life program. The facility prioritizes the well-being of its residents and makes efforts to provide hospice care when necessary, with funds such as the Lillian Nash Fund and endowment funds contributing over $150,000 annually to support residents in need. This continuum of care is particularly important for seniors planning for their future needs, and The Lincoln Home has been providing excellence in care for over 80 years. It is also a significant employer in the Newcastle and Damariscotta, Maine, area.


Official website here: www.lincoln-home.org

Is The Lincoln Home legitimate?

The Lincoln Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lincoln Home 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: $107,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,702,415

For more financial information, click here


Official website here: www.lincoln-home.org

What is the mission statement of The Lincoln Home?

The Lincoln Home's mission is to offer senior living options that foster dignity, safety, comfort, and the enjoyment of meaningful lives for elderly residents. This mission is carried out in various settings such as independent living, assisted living, private duty home care, and memory loss care. The organization aims to provide a loving and respectful environment, with hospice care under a certified hospice provider when necessary. The Lillian Nash Fund and endowment funds also provide over $150,000 of care annually to residents who have exhausted their resources, enabling them to continue living in the place they love. The Lincoln Home has been providing excellent care in an extraordinary setting for over 80 years and is committed to expanding its services to seniors.


Official website here: www.lincoln-home.org

Who is the CEO of The Lincoln Home?

Lorrie Winslow is the Treasurer of The Lincoln Home.


Official website here: www.lincoln-home.org

What is the revenue of The Lincoln Home?

The Lincoln Home's revenue in 2022 was $4,409,551.


Official website here: www.lincoln-home.org

Who are the executives of The Lincoln Home and what are their salaries?

The average compensation at The Lincoln Home during 2022 was $22,842. There are 123 employees and 2 volunteers at The Lincoln Home.

Here are 8 key members and their salaries:

    Bruce Bachelder (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Filler (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Lacharite (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Poole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denny Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Rethman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Hendrickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judi Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lincoln-home.org

    Where can I find the form 990 for The Lincoln Home?

    The The Lincoln Home’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lincoln-home.org

    Learn more at the official website: www.lincoln-home.org

    Mission Statement of The Lincoln Home

    The Lincoln Home, established with a vision to provide senior living options, is dedicated to fostering an environment that upholds the dignity, safety, comfort, and the enjoyment of meaningful lives for the elderly. This nonprofit organization has set a high standard in care and compassion, following in the footsteps of the women's clubs that initiated it in 1927 with a modest budget. Over the years, The Lincoln Home has evolved to cater to the needs and desires of seniors, offering a range of services from independent living to memory loss care in a small, home-like setting.

    The mission of The Lincoln Home is to provide a vibrant and diverse community life for seniors, ensuring that their minds, bodies, and spirits are nurtured and valued at every age. This esteemed organization takes pride in its reputation as a go-to place for seniors, offering current and pertinent information regarding senior issues, as well as housing and hospice care under the umbrella of a certified hospice provider. The Lillian Nash Fund and endowment funds contribute over $150,000 annually to support residents who have depleted their resources, enabling them to continue living in the place they call home.

    In summary, The Lincoln Home is committed to providing excellent care in an extraordinary setting, with a focus on ensuring the well-being and dignity of elderly residents. By offering a continuum of care, including independent living, assisted living, private duty home care, and memory loss care, The Lincoln Home strives to be a comprehensive resource for seniors, supporting them in their journey towards a fulfilling and meaningful life.

    Impact

    This information is meant to be a general summary of The Lincoln Home. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Lincoln Home's impact lies in providing senior living options that foster dignity, safety, comfort, and the enjoyment of meaningful lives for elderly residents. With a rich history dating back to 1927, The Lincoln Home has evolved to offer a range of support services, including independent living, assisted living, private duty home care, and memory loss care in a small, home-like environment. This organization is renowned for its impeccable reputation as a respected and beautiful place for seniors to live, receiving loving and respectful care.

    Furthermore, The Lincoln Home is committed to providing a continuum of care, ensuring that residents can receive care until the end of their lives when possible. Through the Lillian Nash Fund and endowment funds, over $150,000 of care are provided each year to residents who have outlived their resources, enabling them to remain in the place they love. This level of dedication and support is particularly crucial for individuals aged 65 and older as they plan for their future needs.

    In addition to its direct impact on elderly residents, The Lincoln Home is a major employer in the Newcastle and Damariscotta, Maine area, contributing to the local economy and community. By consistently delivering excellence in care within an extraordinary setting for over 80 years, The Lincoln Home continues to grow and expand its services to better serve seniors, making it a vital resource for the aging population in the region.





    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: $207,289
  • Program Service Revenue: $3,782,493
  • Gross Receipts: $5,060,192

    • Assets and Liabilities:
  • Total Assets: $6,112,972
  • Total Liabilities: $2,735,681
  • Net Assets: $3,377,291
  • Programs

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

    RESIDENTIAL CARE

    Revenue

    $3,782,493

    Organization Details

    Founding Year

    1927

    Principal Officer

    Lorrie Winslow

    Main Address

    22 RIVER ROAD, NEWCASTLE, ME, 04553

    NTEE Category

    Code: P750 - Human services

    If you are a representative of The Lincoln Home and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.