Overview
What is Lutheran Home - Albemarle Inc?
Lutheran Home - Albemarle Inc, based in Salisbury, NC, is a nonprofit organization under the North Carolina Synod of the Evangelical Lutheran Church in America. Their primary mission is to empower those they serve by fostering a sense of belonging, security, and comfort through high-quality care and engaging activities. As part of their commitment, they strive to walk alongside their residents, guided by their faith in Christ. Trinity Place, as their main facility, plays a crucial role in this mission.
Official website here: www.lscarolinas.net
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star Rating
Lutheran Home - Albemarle Inc has earned a strong Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The rating is based entirely on their accountability and finance score, indicating the organization’s commitment to transparency and effective financial management in its operations.
The nonprofit demonstrates excellent governance practices, with a majority of independent board members and a comprehensive set of policies in place, including conflict of interest and whistleblower protections. Their financial statements are rigorously audited, and there have been no reported material diversions of assets, highlighting their integrity in managing resources.
Additionally, the organization allocates a significant portion of its expenses to programs, with a program expense ratio of over 90%. This suggests that the majority of their funding directly supports their mission-related activities, further reinforcing their reputation as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Home - Albemarle Inc legitimate?
Lutheran Home - Albemarle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Home - Albemarle 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,728,847
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lutheran Home - Albemarle Inc?
Lutheran Home - Albemarle Inc, as an entity guided by Christianity, aims to empower those they serve. Their mission, being a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, is centered around providing comfort, security, and a sense of belonging. They accomplish this through delivering quality care and engaging in meaningful activities. This organization, located somewhere, strives to support its residents in a holistic manner, focusing on their physical, emotional, and social well-being.
Official website here: www.lscarolinas.net
Who is the CEO of Lutheran Home - Albemarle Inc?
Ted Goins is the Ceo/President of Lutheran Home - Albemarle Inc. The CEO's salary of Lutheran Home - Albemarle Inc is $0 and their total compensation is $384,553.
Official website here: www.lscarolinas.net
What is the revenue of Lutheran Home - Albemarle Inc?
Lutheran Home - Albemarle Inc's revenue in 2022 was $11,242,513.
Official website here: www.lscarolinas.net
Who are the executives of Lutheran Home - Albemarle Inc and what are their salaries?
The average compensation at Lutheran Home - Albemarle Inc during 2022 was $20,295. There are 233 employees at Lutheran Home - Albemarle Inc.
Here are 8 key members and their salaries (Lutheran Home - Albemarle Inc's CEO's salary is $0 and their total compensation is $384,553):
- Compensation: $0
- Related: $372,224
- Other: $12,329
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $79,943
- Other: $6,986
- Compensation: $0
- Related: $249,074
- Other: $16,049
- Compensation: $0
- Related: $238,498
- Other: $16,056
- Compensation: $118,370
- Related: $0
- Other: $8,136
- Compensation: $100,205
- Related: $0
- Other: $2,611
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lutheran Home - Albemarle Inc?
Lutheran Home - Albemarle 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 Home - Albemarle Inc
Lutheran Home - Albemarle Inc, guided by their Christian faith, aims to empower the individuals they serve. Their mission is centered around the belief that they are 'empowered by Christ' and strive to walk together with those they assist. As a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, they prioritize providing comfort, security, and a sense of belonging to their residents. Through their commitment to quality care and meaningful activities, they seek to enhance the lives of those they serve, fostering a sense of community and support.
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Impact
August, 2024
Lutheran Home - Albemarle Inc, also known as Trinity Place, has a significant impact on the community by providing comfort, security, and a sense of belonging to its residents. Through its mission of being empowered by Christ and walking together, Trinity Place strives to empower those it serves with quality care and meaningful activities. This nonprofit organization, located in Salisbury, NC, plays a crucial role in enhancing the well-being and overall quality of life for its residents.
This information is meant to be a general summary of Lutheran Home - Albemarle Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35,738
- Program Service Revenue: $9,473,507
- Gross Receipts: $11,242,513
Assets and Liabilities:
- Total Assets: $6,603,705
- Total Liabilities: $632,616
- Net Assets: $5,971,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE REVENUES
Revenue
$9,473,507
Organization Details
Founding Year
2004
Phone
(704) 637-2870Principal Officer
Ted Goins
Main Address
PO BOX 947, SALISBURY, NC, 281450947
Website
www.lscarolinas.netNTEE Category
Code: L00 - Housing
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