Overview
What is Lutheran Home At Trinity Oaks Property Inc?
Lutheran Home at Trinity Oaks Property Inc is a nonprofit organization that owns a property located at 820 Klumac Road in Salisbury, North Carolina. The building on this land is leased to Lutheran Home at Trinity Oaks, Inc., an affiliated organization that aims to provide a true home for its residents and work in unity with those they serve, guided by Christian beliefs. This nonprofit, associated with Lutheran Services For The Aging, Inc., is part of the North Carolina Synod of the Evangelical Lutheran Church in America, with a mission to support and empower its community.
Official website here: www.lscarolinas.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.
Lutheran Home At Trinity Oaks Property Inc has achieved a commendable score of 93%, reflecting strong performance in accountability and finance. This high rating indicates a solid commitment to transparency and effective management of funds, which is critical for fostering trust among donors and stakeholders.
The organization demonstrates robust governance practices, with 66% of its board members being independent. It also shows excellence in financial oversight, having received full marks in areas like audit and oversight committee effectiveness, conflict of interest policies, and material diversion of assets. Additionally, the organization maintains a favorable liabilities to assets ratio and allocates a significant portion of its budget—approximately 85.94%—toward programs, highlighting its focus on mission-driven activities.
While the ratings are overwhelmingly positive, the summary indicates no specific areas for improvement. The absence of noted limitations suggests that Lutheran Home At Trinity Oaks Property Inc is effectively managing its resources and governance practices, positioning itself as a reliable nonprofit organization within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Home At Trinity Oaks Property Inc legitimate?
Lutheran Home At Trinity Oaks Property Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Home At Trinity Oaks Property 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: $0
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lutheran Home At Trinity Oaks Property Inc?
Lutheran Home At Trinity Oaks Property Inc's mission is centered around empowerment, guided by Christian beliefs. The organization strives to create a true home environment for its residents and works in harmony with those they serve. Affiliated with Lutheran Services For The Aging, Inc., this entity is a part of the North Carolina Synod of the Evangelical Lutheran Church in America, and its mission is to move forward hand in hand with those they serve, drawing strength from their faith.
Official website here: www.lscarolinas.net
Who is the CEO of Lutheran Home At Trinity Oaks Property Inc?
Ted Goins is the Ceo/President of Lutheran Home At Trinity Oaks Property Inc. The CEO's salary of Lutheran Home At Trinity Oaks Property Inc is $0 and their total compensation is $384,553.
Official website here: www.lscarolinas.net
What is the revenue of Lutheran Home At Trinity Oaks Property Inc?
Lutheran Home At Trinity Oaks Property Inc's revenue in 2022 was $755,239.
Official website here: www.lscarolinas.net
Who are the executives of Lutheran Home At Trinity Oaks Property Inc and what are their salaries?
Here are 7 key members and their salaries (Lutheran Home At Trinity Oaks Property 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: $0
- Compensation: $0
- Related: $249,074
- Other: $16,049
- Compensation: $0
- Related: $238,498
- Other: $16,056
- Compensation: $0
- Related: $209,074
- Other: $9,237
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lutheran Home At Trinity Oaks Property Inc?
Lutheran Home At Trinity Oaks Property 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 At Trinity Oaks Property Inc
Lutheran Home At Trinity Oaks Property Inc, guided by their Christian beliefs, aims to create a true home environment for its residents. They strive to walk alongside all they serve, empowering them with the belief that Christ is with them throughout their journey. This mission is carried out by Lutheran Home at Trinity Oaks, Inc., an organization affiliated with Lutheran Services For The Aging, Inc., a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America. The organization's mission is not just about providing a physical space, but it's about fostering a sense of community and support, where everyone is treated with dignity and respect, empowered by their shared faith in Christ.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Lutheran Home At Trinity Oaks Property Inc's impact can be seen in its commitment to providing a true home for its residents and walking together with all they serve, empowered by Christ. By owning the land and building where Lutheran Home at Trinity Oaks operates, this organization plays a vital role in supporting the mission of providing care and support to the elderly in Salisbury, NC. Through its affiliation with Lutheran Services For The Aging, Inc., this organization contributes to the overall well-being and health of the community.
This information is meant to be a general summary of Lutheran Home At Trinity Oaks Property 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: $101,639
- Program Service Revenue: $653,600
- Gross Receipts: $755,239
Assets and Liabilities:
- Total Assets: $10,298,885
- Total Liabilities: $1,313,929
- Net Assets: $8,984,956
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$653,600
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: E91 - Health
If you are a representative of Lutheran Home At Trinity Oaks Property Inc 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.