Overview
What is Lutheran Home - Hickory Inc?
Lutheran Home - Hickory Inc, a North Carolina-based nonprofit organization affiliated with the Evangelical Lutheran Church in America, is dedicated to serving aging individuals. As a ministry, they aim to create a genuine home for residents by combining quality care with an excellent quality of life. Through their mission, they walk alongside those they serve, prioritizing meaningful activities that bring everyone together in Salisbury, NC.
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 - Hickory Inc has achieved an impressive 93% rating on Charity Navigator, which translates to a Four-Star designation. This rating reflects the organization's strong accountability and financial practices, with its overall score derived entirely from this single beacon. The charity has demonstrated a commitment to maintaining a high standard of transparency and oversight.
The organization excels in several key areas, including a majority of independent board members and robust financial oversight mechanisms. The effective auditing and oversight committee, along with well-documented policies on conflict of interest and whistleblower protections, indicates strong governance. Additionally, a low liabilities to assets ratio of 8.13% and a high program expense ratio of 92.32% suggest that a significant portion of its funding is directed towards its programs rather than administrative costs.
While the data reflects solid financial health and governance, there are no specific limitations or concerns mentioned in the available information. Overall, Lutheran Home - Hickory Inc appears to be a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Home - Hickory Inc legitimate?
Lutheran Home - Hickory Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Home - Hickory 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: $8,565,973
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lutheran Home - Hickory Inc?
Lutheran Home - Hickory Inc is driven by its mission to empower individuals by walking alongside those it serves. As a part of the North Carolina Synod of the Evangelical Lutheran Church in America, this organization focuses on providing essential services for aging individuals. Their commitment extends beyond just care, prioritizing both quality and overall well-being for residents. Meaningful activities bring everyone together, fostering a true sense of community. In line with their Christian values, Lutheran Home - Hickory Inc creates an environment where everyone feels supported and valued. Through their services, they aim to enrich the lives of those in their care, making a positive impact in their daily experiences.
Official website here: www.lscarolinas.net
Who is the CEO of Lutheran Home - Hickory Inc?
Ted Goins is the Ceo/President of Lutheran Home - Hickory Inc. The CEO's salary of Lutheran Home - Hickory Inc is $0 and their total compensation is $384,553.
Official website here: www.lscarolinas.net
What is the revenue of Lutheran Home - Hickory Inc?
Lutheran Home - Hickory Inc's revenue in 2022 was $19,191,858.
Official website here: www.lscarolinas.net
Who are the executives of Lutheran Home - Hickory Inc and what are their salaries?
The average compensation at Lutheran Home - Hickory Inc during 2022 was $19,557. There are 438 employees at Lutheran Home - Hickory Inc.
Here are 8 key members and their salaries (Lutheran Home - Hickory 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: $115,986
- Related: $0
- Other: $8,193
- Compensation: $103,465
- Related: $0
- Other: $8,637
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lutheran Home - Hickory Inc?
Lutheran Home - Hickory 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 - Hickory Inc
Lutheran Home-Hickory Inc, a ministry under the North Carolina Synod of the Evangelical Lutheran Church in America, is dedicated to empowering individuals by walking together with all they serve. Their mission is centered around providing services for aging individuals, with a focus on both quality care and a high quality of life.
At the heart of their endeavors, Lutheran Home-Hickory Inc strives to create a true home for its residents. They believe in the importance of meaningful activities that bring everyone together, fostering a sense of community and belonging. Empowered by their Christian values, they aim to make a positive difference in the lives of the people they serve.
Lutheran Home-Hickory Inc's commitment to its mission is reflected in its daily operations. By combining compassionate care with a focus on enhancing the lives of its residents, the organization goes beyond just providing a place to live. Instead, it creates an environment where individuals can thrive and feel supported, allowing them to live their best possible lives.
Paraphrased from the given information, Lutheran Home-Hickory Inc is a North Carolina-based ministry under the Evangelical Lutheran Church in America. Their mission is to empower individuals by fostering a true home environment and focusing on both quality care and a high quality of life. Through this approach, they create a sense of community and provide meaningful opportunities for their residents.
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Impact
October, 2024
Lutheran Home - Hickory Inc plays a vital role in empowering aging individuals by providing compassionate care and fostering a sense of community. With its mission to support residents in leading fulfilling lives, the organization emphasizes the importance of both quality care and quality of life.
Located in Salisbury, NC, Trinity Village creates an environment where individuals feel at home. The focus on meaningful activities not only enhances social interaction but also promotes emotional well-being among residents. By walking alongside those they serve, Lutheran Home - Hickory Inc nurtures connections and strengthens the community, ensuring that every resident experiences dignity, respect, and a sense of belonging. This commitment to holistic care and engagement significantly enriches the lives of aging individuals and their families in the region.
This information is meant to be a general summary of Lutheran Home - Hickory 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: $81,007
- Program Service Revenue: $16,363,593
- Gross Receipts: $19,191,858
Assets and Liabilities:
- Total Assets: $11,015,128
- Total Liabilities: $895,586
- Net Assets: $10,119,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE REVENUE
Revenue
$16,363,593
Organization Details
Founding Year
2004
Phone
(704) 637-2870Principal Officer
Ted Goins
Main Address
PO BOX 947, SALISBURY, NC, 28145
Website
www.lscarolinas.netNTEE Category
Code: E91 - Health
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