Lutheran Home - Forsyth County Inc

Trinity Elms

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

EIN: 263328029 ✦ Salisbury, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lutheran Home - Forsyth County Inc?

Lutheran Home - Forsyth County Inc, a ministry affiliated with the North Carolina Synod of the Evangelical Lutheran Church in America, aims to make a genuine home for its residents. Empowered by their Christian faith, they offer comfort, security, and a sense of belonging. Their commitment extends beyond basic care, focusing on enhancing the quality of life for their residents through engaging activities. By fostering connections between residents, staff, families, and volunteers, they build a supportive community that encourages growth and joy.


Official website here: www.lscarolinas.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars) from Charity Navigator

Lutheran Home - Forsyth County Inc has received a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The charity's overall score is derived entirely from its Accountability & Finance metrics, where it scored an impressive 93%. This high rating reflects a commitment to transparency and responsible financial management, which are crucial for donor trust.

The organization boasts a majority of independent board members, ensuring that governance is conducted with integrity. It has implemented several key policies, including a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining ethical standards. Additionally, the charity has shown no material diversion of assets and has a robust audit and oversight committee, further enhancing its financial accountability.

One noteworthy strength is the program expense ratio of 88.23%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. However, while the ratings highlight many strengths, it is essential for potential donors to consider ongoing feedback from beneficiaries to gain a more comprehensive view of the organization's impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Lutheran Home - Forsyth County Inc legitimate?

Lutheran Home - Forsyth County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Home - Forsyth County 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: $4,717,413

For more financial information, click here


Official website here: www.lscarolinas.net

What is the mission statement of Lutheran Home - Forsyth County Inc?

Lutheran Home - Forsyth County Inc, a ministry under the North Carolina Synod of the Evangelical Lutheran Church in America, aims to create a true home for its residents. Empowered by Christ, the organization strives to provide comfort, security, and a sense of belonging. Quality care and an enhanced quality of life are emphasized through engaging activities. The mission is to walk together with those served, fostering connections between residents, staff, families, and volunteers.


Official website here: www.lscarolinas.net

Who is the CEO of Lutheran Home - Forsyth County Inc?

Ted Goins is the Ceo/President of Lutheran Home - Forsyth County Inc. The CEO's salary of Lutheran Home - Forsyth County Inc is $0 and their total compensation is $384,553.


Official website here: www.lscarolinas.net

What is the revenue of Lutheran Home - Forsyth County Inc?

Lutheran Home - Forsyth County Inc's revenue in 2022 was $12,656,051.


Official website here: www.lscarolinas.net

Who are the executives of Lutheran Home - Forsyth County Inc and what are their salaries?

The average compensation at Lutheran Home - Forsyth County Inc during 2022 was $19,821. There are 238 employees at Lutheran Home - Forsyth County Inc.


Here are 9 key members and their salaries (Lutheran Home - Forsyth County Inc's CEO's salary is $0 and their total compensation is $384,553):


Ted Goins (Ceo/President)
  • Compensation: $0
  • Related: $372,224
  • Other: $12,329
Gregory Hudgins (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary M Grant (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Maddry (Secretary)
  • Compensation: $0
  • Related: $79,943
  • Other: $6,986
Kirby Nickerson (Chief Financial Officer)
  • Compensation: $0
  • Related: $249,074
  • Other: $16,049
Kesha Smith (Coo - Senior Services)
  • Compensation: $0
  • Related: $238,498
  • Other: $16,056
Tonya Hilliard (Administrator)
  • Compensation: $142,318
  • Related: $0
  • Other: $3,308
Saadia Bahri (Lpn)
  • Compensation: $115,925
  • Related: $0
  • Other: $7,895
Mary Mccormick (Rn)
  • Compensation: $114,127
  • Related: $0
  • Other: $4,705


Official website here: www.lscarolinas.net

Where can I find the form 990 for Lutheran Home - Forsyth County Inc?

Lutheran Home - Forsyth County 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 - Forsyth County Inc

Lutheran Home - Forsyth County Inc, a ministry under the North Carolina Synod of the Evangelical Lutheran Church in America, is on a mission to make a difference in people's lives. With a belief that they are empowered by Christ, they strive to walk together with all they serve, creating an environment where residents feel a true sense of belonging and comfort.

At the heart of their mission is the provision of quality care and an exceptional quality of life for their residents. Through thoughtful and meaningful activities, Trinity Elms, another name for Lutheran Home - Forsyth County Inc, brings together residents, staff, families, and volunteers, fostering a sense of community and companionship. The organization places great emphasis on creating a caring and secure atmosphere, where each individual is valued and respected.

Lutheran Home - Forsyth County Inc's dedication doesn't stop at providing a comfortable living environment. They are committed to ensuring their residents' overall well-being, offering a range of essential services to meet their physical, emotional, and spiritual needs. By fostering an atmosphere of inclusivity and compassion, they create an environment where each person feels supported and empowered. In this welcoming space, residents can live their lives with dignity, surrounded by a community that genuinely cares for their well-being.

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Impact




October, 2024

Lutheran Home - Forsyth County Inc significantly enhances the quality of life for its residents by fostering an environment of comfort, security, and community. Guided by the mission of being empowered by Christ, the organization emphasizes compassionate care and creates a sense of belonging for those it serves.

At Trinity Elms, residents are not just recipients of care; they are part of a vibrant community where meaningful activities bring together residents, staff, families, and volunteers. This holistic approach ensures that individuals feel valued and engaged, which is critical to their well-being.

By focusing on both the emotional and physical aspects of care, Lutheran Home - Forsyth County Inc effectively promotes a nurturing atmosphere that prioritizes the quality of life for all its residents. This commitment to creating a true home experience contributes to the overall health and happiness of the individuals in their care, making a lasting impact on both the residents and the broader community in Salisbury, NC.




This information is meant to be a general summary of Lutheran Home - Forsyth County 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.

Revenue
$12,656,051 (2022)
Expenses
$10,009,714 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $260
  • Program Service Revenue: $10,673,695
  • Gross Receipts: $12,656,051

Assets and Liabilities:

  • Total Assets: $5,970,253
  • Total Liabilities: $1,500,820
  • Net Assets: $4,469,433

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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

$10,634,532

DIETARY INCOME

Revenue

$39,163

Organization Details

Founding Year

2008

Principal Officer

Ted Goins

Main Address

PO BOX 947, SALISBURY, NC, 281450947

NTEE Category

Code: E91 - Health

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