Overview
What is Lutheran Home - Wilmington Inc?
Lutheran Home - Wilmington Inc, based in Salisbury, NC, is a nonprofit organization affiliated with Lutheran Services for the Aging. Their mission is to empower individuals and serve all by creating a comfortable and secure living environment for its residents. Through meaningful activities, Trinity Grove brings families and volunteers together to enhance the lives of its residents.
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 - Wilmington Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health within the organization. The overall score is based entirely on the Accountability & Finance beacon, with a strong focus on transparency and responsible financial practices. The organization has demonstrated a commitment to ethical governance, with a majority of its board members being independent.
Strengths of Lutheran Home include an impressive program expense ratio of 90.91%, suggesting that a significant portion of its resources is allocated directly to its programs. Additionally, the organization has established robust policies regarding conflict of interest and whistleblower protections, further reinforcing its commitment to ethical standards. The absence of any material diversion of assets also reflects well on its financial integrity.
However, while the organization performs strongly in terms of fiscal accountability, the ratings do not provide insights into the qualitative aspects of its programs or the impact of services offered. Potential donors and stakeholders may want to seek additional information regarding the effectiveness and reach of its programs in the community. Overall, Lutheran Home - Wilmington Inc presents itself as a reliable and fiscally responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Home - Wilmington Inc legitimate?
Lutheran Home - Wilmington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Home - Wilmington 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: $5,108,909
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lutheran Home - Wilmington Inc?
Lutheran Home - Wilmington Inc, an affiliation of Lutheran Services for the Aging, is devoted to empowering individuals through the teachings of Christianity. Their mission is to establish a comfortable and secure living environment for the residents they serve. By fostering meaningful activities and encouraging the involvement of families and volunteers, they create a sense of community and belonging. Their ultimate goal is to make a positive impact on the lives of those they serve.
Official website here: www.lscarolinas.net
Who is the CEO of Lutheran Home - Wilmington Inc?
Ted Goins is the Ceo/President of Lutheran Home - Wilmington Inc. The CEO's salary of Lutheran Home - Wilmington Inc is $0 and their total compensation is $384,553.
Official website here: www.lscarolinas.net
What is the revenue of Lutheran Home - Wilmington Inc?
Lutheran Home - Wilmington Inc's revenue in 2022 was $14,656,946.
Official website here: www.lscarolinas.net
Who are the executives of Lutheran Home - Wilmington Inc and what are their salaries?
The average compensation at Lutheran Home - Wilmington Inc during 2022 was $16,534. There are 309 employees and 3 volunteers at Lutheran Home - Wilmington Inc.
Here are 7 key members and their salaries (Lutheran Home - Wilmington 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: $0
- Related: $128,993
- Other: $11,471
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lutheran Home - Wilmington Inc?
Lutheran Home - Wilmington 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 - Wilmington Inc
Lutheran Home - Wilmington Inc, a mission-driven organization, empowers individuals through the lens of Christianity. This nonprofit, affiliated with Lutheran Services for the Aging, strives to serve all members of the community. Their primary goal is to create a comfortable and secure living environment for residents, bridging the gap between families and volunteers through engaging activities.
In their commitment to facilitate a nurturing atmosphere, Lutheran Home - Wilmington Inc goes beyond providing basic needs. They foster meaningful connections by bringing families and volunteers together, encouraging a sense of community among its residents. The organization's dedication to its mission is reflected in its warm and inclusive environment, where residents feel valued and supported.
Moreover, Lutheran Home - Wilmington Inc's mission transcends the confines of home, focusing on the overall well-being of the individuals they serve. By embracing the Christian values of compassion and empathy, they empower their residents to live their best lives, fostering a sense of purpose and belonging. Through their collaborations with families and volunteers, they create opportunities for residents to engage in enriching activities, promoting an active and fulfilling lifestyle.
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Impact
October, 2024
Lutheran Home - Wilmington Inc plays a significant role in empowering individuals and enhancing community well-being. By fostering a comfortable and secure home environment, it ensures that residents receive the care and support they need. The organization's commitment to bringing families and volunteers together through meaningful activities creates a sense of community and belonging. This collaborative approach not only enriches the lives of residents but also strengthens the bonds between families and the wider community. Through its mission, Lutheran Home - Wilmington Inc positively impacts the quality of life for many individuals, promoting dignity, connection, and spiritual growth.
This information is meant to be a general summary of Lutheran Home - Wilmington 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: $19,606
- Program Service Revenue: $12,367,810
- Gross Receipts: $14,656,946
Assets and Liabilities:
- Total Assets: $6,305,097
- Total Liabilities: $2,272,304
- Net Assets: $4,032,793
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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
$12,357,330
DIETARY INCOME
Revenue
$10,480
Organization Details
Founding Year
2007
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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