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Moravian Home Incorporated

Salemtowne

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

EIN: 560963926 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Moravian Home Incorporated?

Moravian Home Incorporated, doing business as Salemtowne, is a nonprofit continuing care retirement community located in Winston-Salem, North Carolina. With a mission to provide a welcoming environment for senior adults to flourish, Salemtowne offers a caring community that reflects Moravian values such as individual respect, hospitality, lifelong learning, and love of the arts. Through its Salemtowne Community Outreach Program, the organization extends its expertise in aging by offering education, training, and resources for senior adults, families, and caregivers. Salemtowne also sponsors and supports programs dedicated to senior advocacy, utilizing its time, talents, and facilities for the betterment of the Piedmont North Carolina community. The nonprofit employs a team of 483 individuals.


Official website here: www.salemtowne.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 82% (Three-Star out of Four Star rating)

Moravian Home Incorporated has received a Three-Star rating from Charity Navigator, which reflects a solid level of accountability and transparency. With an overall score of 82%, the organization demonstrates effective management of its resources, evidenced by its strong Program Expense Ratio of over 80%. Additionally, the organization boasts a fully independent board, which enhances governance and decision-making processes.

The organization excels in fostering a culture of community involvement, achieving a perfect score of 100 in this category. They have implemented robust policies such as conflict of interest and whistleblower protections, all of which are crucial for maintaining trust with stakeholders. Their commitment to collecting and utilizing feedback is also noteworthy, scoring perfectly in both feedback collection and usage.

However, while the organization shows strengths in various areas of governance and community engagement, the data does not specify any notable weaknesses or challenges in financial management. The identified challenges in feedback collection are managed effectively, which supports the nonprofit's overall positive assessment.


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

Is Moravian Home Incorporated legitimate?

Moravian Home Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moravian Home Incorporated 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: $663,983
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,343,536

For more financial information, click here


Official website here: www.salemtowne.org

What is the mission statement of Moravian Home Incorporated?

Moravian Home Incorporated Dba Salemtowne is a non-profit retirement community that prioritizes the well-being of its senior residents by offering a nurturing and caring environment. This ecumenical community embodies Moravian values, including respect for individuals, hospitality, lifelong learning, and appreciation for the arts. Salemtowne aims to enhance the living and care experience for older adults in Piedmont North Carolina through its Community Outreach Program. This program provides resources for services, programs, and education that improve the quality of life for seniors. Salemtowne strives to share its expertise in aging by offering education, training, and facilitating programs for seniors, their families, and caregivers. The community also sponsors and supports organizations and associations dedicated to senior advocacy.


Official website here: www.salemtowne.org

Who is the CEO of Moravian Home Incorporated?

Mark Steele is the Ceo of Moravian Home Incorporated. The CEO's salary of Moravian Home Incorporated is $289,491 and their total compensation is $363,145.


Official website here: www.salemtowne.org

What is the revenue of Moravian Home Incorporated?

Moravian Home Incorporated's revenue in 2023 was $40,790,928.


Official website here: www.salemtowne.org

Who are the executives of Moravian Home Incorporated and what are their salaries?

The average compensation at Moravian Home Incorporated during 2023 was $29,001. There are 483 employees and 99 volunteers at Moravian Home Incorporated.


Here are 26 key members and their salaries (Moravian Home Incorporated's CEO's salary is $289,491 and their total compensation is $363,145):


John Geis (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Edwards (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Perry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corlis Sellers-Drummond (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Ann Adcock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elms Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Armistead (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Colbourne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Dolge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ferguson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mcmullen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen O'Brien (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Owen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Petree (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aimee Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Southerland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pattie Stoltz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr R Patrick Yeatts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Steele (Ceo)
  • Compensation: $289,491
  • Related: $0
  • Other: $73,654
Tracy Biesecker (Cfo)
  • Compensation: $169,575
  • Related: $0
  • Other: $0
Allison Vessels (Vp Of Hr/Resident Services)
  • Compensation: $159,260
  • Related: $0
  • Other: $24,560
Joseph Yoon (Vp Of Health Services)
  • Compensation: $144,491
  • Related: $0
  • Other: $11,907
Timothy Dahlke (Director Of Facilities)
  • Compensation: $146,401
  • Related: $0
  • Other: $9,927
Ann Burris (Vp Of Marketing And Sales)
  • Compensation: $137,320
  • Related: $0
  • Other: $14,482
Alyssa Brown (Director Of Nursing)
  • Compensation: $116,017
  • Related: $0
  • Other: $9,052
Emily Rector (Vp Of Development)
  • Compensation: $100,203
  • Related: $0
  • Other: $13,062


Official website here: www.salemtowne.org

Where can I find the form 990 for Moravian Home Incorporated?

Moravian Home Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.salemtowne.org

Learn more at the official website: www.salemtowne.org

Mission Statement of Moravian Home Incorporated

Moravian Home Incorporated Dba Salemtowne is a nonprofit continuing care retirement community dedicated to creating a welcoming environment where senior adults can thrive. This ecumenical community, reflecting Moravian values, places a high priority on individual respect, hospitality, lifelong learning, and love of the arts.

At the heart of Moravian Home Incorporated Dba Salemtowne's mission is the provision of long-term care services for elderly residents in the community and surrounding areas. The organization goes beyond just care by offering resources, programs, and education to enhance the quality of living for senior adults in Piedmont North Carolina. Salemtowne is committed to sharing its expertise in aging by providing education and training for senior adults, families, and caregivers. The community also utilizes its time, talents, and facilities for programs and education and sponsors and supports organizations and associations dedicated to senior advocacy.

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Impact




October, 2024

Moravian Home Incorporated significantly enhances the quality of life for senior adults in the Winston-Salem community and surrounding areas. By creating a welcoming environment where seniors can flourish, it provides crucial long-term care services that address the complex needs of elderly individuals. The outreach program serves to enrich the lives of seniors by offering resources and educational opportunities that promote better living and care.

Moravian Home Incorporated embodies Moravian values, such as individual respect, hospitality, and a passion for lifelong learning. It utilizes its expertise and facilities to deliver training and support for not only residents but also families and caregivers, fostering a collaborative approach to senior care. Through its commitment to advocacy and community engagement, Moravian Home enhances the overall well-being of its residents, ensuring they receive the support and resources necessary to thrive in their later years.




This information is meant to be a general summary of Moravian Home Incorporated. 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
$40,790,928 (2023)
Expenses
$40,646,316 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$1,126,109
  • Program Service Revenue: $34,422,048
  • Gross Receipts: $42,609,762

Assets and Liabilities:

  • Total Assets: $131,791,581
  • Total Liabilities: $126,276,046
  • Net Assets: $5,515,535

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT SERVICES

Revenue

$28,189,859

AMORT. OF ADVANCE FEES

Revenue

$5,533,663

NAVIGATION REVENUE

Revenue

$698,526

Organization Details

Founding Year

1971

Principal Officer

Mark Steele

Main Address

1000 SALEMTOWNE DRIVE, WINSTONSALEM, NC, 27106

NTEE Category

Code: P750 - Human services

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