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Lutheran Services For The Aging Inc

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

EIN: 560752160 ✦ Salisbury, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lutheran Services For The Aging Inc?

Lutheran Services for the Aging is a nonprofit organization, grounded in Christian values, that aims to enhance the lives of senior citizens and their families. They accomplish this mission by operating various facilities such as nursing homes and retirement communities, as well as offering additional programs. Their approach is centered around supporting seniors, working closely with them in accordance with Christian teachings. By doing so, they strive to make a positive impact on the well-being and quality of life for older adults.


Official website here: www.lscarolinas.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating.

Lutheran Services For The Aging Inc has achieved a perfect score of 100% from Charity Navigator, reflecting exceptional accountability and finance practices. This organization has received high marks across various metrics, including 95% of board members being independent and a program expense ratio of 96.07%, indicating a strong commitment to effectively utilizing funds for their mission.

The organization has robust governance practices, evidenced by their comprehensive audit and oversight committee and the presence of essential policies, such as conflict of interest and whistleblower protections. Their financial health is solid, with a liabilities to assets ratio of only 0.01%, showcasing a stable fiscal position.

Overall, Lutheran Services For The Aging Inc demonstrates a strong commitment to transparency and responsible financial management. The high level of independent board membership and adherence to best practices contribute to their outstanding rating, positioning them as a trustworthy nonprofit in the sector.


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

Is Lutheran Services For The Aging Inc legitimate?

Lutheran Services For The Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Services For The Aging 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 Services For The Aging Inc?

Lutheran Services For The Aging Inc's mission, as stated, is to empower individuals with the guidance of Christ. They strive to walk alongside the people they serve, providing aid through various facilities such as nursing homes and retirement communities. Their goal is to enhance the lives of seniors and their families, aiming to improve their overall well-being.


Official website here: www.lscarolinas.net

Who is the CEO of Lutheran Services For The Aging Inc?

Ted Goins is the Presidnet/Ceo of Lutheran Services For The Aging Inc. The CEO's salary of Lutheran Services For The Aging Inc is $0 and their total compensation is $384,553.


Official website here: www.lscarolinas.net

What is the revenue of Lutheran Services For The Aging Inc?

Lutheran Services For The Aging Inc's revenue in 2022 was $869,433.


Official website here: www.lscarolinas.net

Who are the executives of Lutheran Services For The Aging Inc and what are their salaries?


Here are 23 key members and their salaries (Lutheran Services For The Aging Inc's CEO's salary is $0 and their total compensation is $384,553):


Thulie Beresford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanitria Cuthbertson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Finklea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Flack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Capri Foy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cary M Grant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Herman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric N Hoyle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Hudgins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances R Lamb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaye R Leonard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanie Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hoang Nguyen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Rogers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Rose (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunika Simons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark K Tonnesen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Goins (Presidnet/Ceo)
  • Compensation: $0
  • Related: $372,224
  • Other: $12,329
Kirby Nickerson (Chief Financial Officer)
  • Compensation: $0
  • Related: $249,074
  • Other: $16,049
Karen Maddry (Executive Assistant)
  • Compensation: $0
  • Related: $79,943
  • Other: $6,986
Kesha Smith (Chief Operating Officer)
  • Compensation: $0
  • Related: $238,498
  • Other: $16,056


Official website here: www.lscarolinas.net

Where can I find the form 990 for Lutheran Services For The Aging Inc?

Lutheran Services For The Aging 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 Services For The Aging Inc

Lutheran Services for the Aging, guided by Christian principles, strives to support and empower individuals. They achieve this by actively engaging with those they serve, providing them with the guidance they need to navigate their lives. Their primary focus is on senior citizens and their families, offering a variety of services through nursing homes, retirement communities, and other programs. Their ultimate goal is to enhance the lives of these individuals, improving their overall well-being.

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Impact




July, 2024

Lutheran Services for the Aging Inc's impact includes empowering individuals with Christ's guidance and walking alongside those they serve. By operating nursing homes, retirement communities, and other programs, they work to improve the lives of seniors and their families. Their mission is centered around providing compassionate care and support to those in their care, enhancing the well-being and quality of life for seniors in the community. Through their human services efforts, Lutheran Services for the Aging Inc makes a positive impact by fostering a sense of belonging and dignity for older adults in need of assistance.




This information is meant to be a general summary of Lutheran Services For The Aging 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
$869,433 (2022)
Expenses
$425,049 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $371,792
  • Gross Receipts: $882,871

Assets and Liabilities:

  • Total Assets: $8,029,519
  • Total Liabilities: $1,573
  • Net Assets: $8,027,946

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Organization Details

Founding Year

1960

Principal Officer

Ted Goins

Main Address

PO BOX 947, SALISBURY, NC, 28145

NTEE Category

Code: P81Z - Human services

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