Overview
What is Lutheran Retirement Center - Wilmington Inc?
Lutheran Retirement Center - Wilmington Inc, situated in Salisbury, NC, is a nonprofit organization that serves the aging population in Wilmington. As an affiliate of Lutheran Services for the Aging, Inc., a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, its mission is to support and care for the elderly, guided by Christian values. Trinity Landing, as it is known, offers living services to this demographic, functioning as a social ministry of the church. The center's goal is to walk alongside those it serves, empowered by faith, ensuring they receive the care and companionship they need during this stage of life.
Official website here: www.lscarolinas.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating
Lutheran Retirement Center - Wilmington Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The charity’s overall score is derived solely from its Accountability & Finance metrics, which indicates a focused evaluation on these aspects for FY2022. The score of 78% suggests a reasonably well-managed organization that adheres to essential financial practices.
One of the organization's strengths is its majority independent board, consisting of 66% independent members, which enhances governance and oversight. It also demonstrates strong financial practices, receiving full points in areas such as the existence of an Audit and Oversight Committee and having a conflict of interest policy in place. Additionally, the program expense ratio of 89.37% indicates that a significant portion of funds is directed toward its programs, which is a positive sign for donors concerned about the effectiveness of their contributions.
However, while the organization showcases commendable financial accountability, the singular focus on this aspect may limit a broader understanding of its overall impact and effectiveness in achieving mission-driven outcomes. Stakeholders may wish to consider additional qualitative measures of success beyond financial metrics when evaluating the charity’s performance. Overall, the organization appears to be a reliable option for support based on its financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lutheran Retirement Center - Wilmington Inc?
88% of 43 reviewers on Facebook recommend Lutheran Retirement Center - Wilmington Inc. Here is a summary of their reviews:
Many individuals express appreciation for the services provided by the center, highlighting the positive environment and support offered to residents. Several comments emphasize the caring staff and comfortable facilities, contributing to an overall sense of satisfaction among families and loved ones regarding the care of their relatives.
However, there are some concerns raised by a small number of reviewers, specifically regarding transparency and communication from the organization. These criticisms suggest areas for improvement, particularly in addressing community issues and responsiveness to feedback. Overall, the sentiment leans positively, but there are hints that some stakeholders feel more engagement could enhance the center's reputation.
This AI summary has been generated from reviews found on Facebook.
Is Lutheran Retirement Center - Wilmington Inc legitimate?
Lutheran Retirement Center - Wilmington Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Retirement Center - 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: $608,450
For more financial information, click here
Official website here: www.lscarolinas.net
What is the mission statement of Lutheran Retirement Center - Wilmington Inc?
Lutheran Retirement Center - Wilmington Inc's mission, as stated, is to collaborate with those they serve, drawing strength from Christ. This mission is carried out through Trinity Landing, an affiliate of Lutheran Services for the Aging, Inc., which is a ministry under the North Carolina Synod of the Evangelical Lutheran Church in America. The organization offers living services to the elderly population, operating as a social ministry of the church. This mission emphasizes the importance of unity and support, driven by Christian values.
Official website here: www.lscarolinas.net
Who is the CEO of Lutheran Retirement Center - Wilmington Inc?
Ted Goins is the Ceo/President of Lutheran Retirement Center - Wilmington Inc. The CEO's salary of Lutheran Retirement Center - Wilmington Inc is $0 and their total compensation is $384,553.
Official website here: www.lscarolinas.net
What is the revenue of Lutheran Retirement Center - Wilmington Inc?
Lutheran Retirement Center - Wilmington Inc's revenue in 2022 was $529,290.
Official website here: www.lscarolinas.net
Who are the executives of Lutheran Retirement Center - Wilmington Inc and what are their salaries?
The average compensation at Lutheran Retirement Center - Wilmington Inc during 2022 was $67,606. There are 9 employees at Lutheran Retirement Center - Wilmington Inc.
Here are 9 key members and their salaries (Lutheran Retirement Center - 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: $153,025
- Related: $0
- Other: $9,994
- Compensation: $143,468
- Related: $0
- Other: $9,982
- Compensation: $128,993
- Related: $0
- Other: $11,471
Official website here: www.lscarolinas.net
Where can I find the form 990 for Lutheran Retirement Center - Wilmington Inc?
Lutheran Retirement Center - 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 Retirement Center - Wilmington Inc
Lutheran Retirement Center-Wilmington Inc, guided by its Christian values, strives to walk alongside all it serves. The center, which is an affiliate of Lutheran Services for the Aging, Inc., and a ministry of the North Carolina Synod of the Evangelical Lutheran Church in America, focuses on providing living services to the elderly population. Its mission is deeply rooted in empowerment, aiming to support and uplift those it serves, all while being guided by the principles of Christ. The retirement center serves as a social ministry of the church, demonstrating its commitment to caring for the community's aging population.
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Impact
July, 2024
Lutheran Retirement Center - Wilmington Inc, operating as Trinity Landing, plays a crucial role in providing living services to the aging population in Wilmington. By offering supportive housing and care to seniors, Trinity Landing contributes to enhancing the quality of life for older adults in the community. Through its mission of walking together with those they serve and being empowered by Christ, Trinity Landing exemplifies a commitment to compassion and support for the elderly. This impact is evident in the improved well-being and comfort experienced by the residents who benefit from the services and care provided by the retirement center.
This information is meant to be a general summary of Lutheran Retirement Center - 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: $35,693
- Program Service Revenue: $411,425
- Gross Receipts: $529,290
Assets and Liabilities:
- Total Assets: $118,589,186
- Total Liabilities: $127,020,106
- Net Assets: -$8,430,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$411,425
Organization Details
Founding Year
1985
Phone
(704) 637-2870Principal Officer
Ted Goins
Main Address
PO BOX 947, SALISBURY, NC, 281450947
Website
www.lscarolinas.netNTEE Category
Code: L22 - Housing
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