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Filing year 2023

Lutheran Home - Forsyth County Inc

Salisbury, North Carolina·EIN 26-3328029·501(c)(3)
Total revenue
$13.2M
Total assets
$7M
Total expenses
$12.7M
Reported officers
10

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Administrator
Highest Compensated Employee
Median to 75th percentile
$185k
$202k
Base
$163k
Bonus
$11k
Other
$540
Benefits
$6k
LPN
Highest Compensated Employee
10th to 25th percentile
$122k
$133k
Administrator
Highest Compensated Employee
10th to 25th percentile
$121k
$132k
LPN
Highest Compensated Employee
10th to 25th percentile
$118k
$129k
Chief Financial Officer
10th to 25th percentile
$16k
$17k
Chief Operating Officer
Below 10th percentile
$15k
$16k
President/ceo
Below 10th percentile
$13k
$14k
Secretary
Secretary (Operational)
25th percentile to median
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Up 14%
from 2022

From $162k in 2022 to $185k in 2023.

$162k
2022
$185k
2023
In today's dollarsEst.
Up 9% in real terms$185k to $202k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 14% from 2022 to 2023, while revenue rose 18%.

$162k in 2022 to $185k in 2023.
  • Chief Financial Officer pay rose 1% from 2022 to 2023.
  • Chief Operating Officer pay fell 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Lutheran Home - Forsyth County Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.1M
$10.3M
2022
$13.2M
$12.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Lutheran Home - Forsyth County Inc

What does the Highest Compensated Employee of Lutheran Home - Forsyth County Inc earn?

In 2023, the Highest Compensated Employee of Lutheran Home - Forsyth County Inc received $185,180 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Lutheran Home - Forsyth County Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at Lutheran Home - Forsyth County Inc falls between the median and the 75th percentile.

What are Lutheran Home - Forsyth County Inc's revenue and expenses?

In 2023, Lutheran Home - Forsyth County Inc reported $13.2M in total revenue and $12.7M in total expenses on its IRS Form 990.

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