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Filing year 2023

Lutheran Home - Wilmington Inc

Salisbury, North Carolina·EIN 26-0158686·501(c)(3)
Total revenue
$13.9M
Total assets
$5.2M
Total expenses
$13.6M
Reported officers
7

Executive compensation

Form 990 · Part VII & Schedule J · 5 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
25th percentile to median
$138k
$151k
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.

Top compensation, year by year

From $16k in 2022 to $138k in 2023.

$16k
2022
$138k
2023
In today's dollarsEst.
Up 745% in real terms$18k to $151k

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

Chief Financial Officer pay rose 1% from 2022 to 2023, while revenue rose 5%.

$16k in 2022 to $16k in 2023.
  • Chief Operating Officer pay fell 5% from 2022 to 2023.
  • Chief Executive Officer pay rose 8% 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 - Wilmington Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.2M
$12.7M
2022
$13.9M
$13.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Lutheran Home - Wilmington Inc

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

In 2023, the Highest Compensated Employee of Lutheran Home - Wilmington Inc received $138,159 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Lutheran Home - Wilmington 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 - Wilmington Inc falls between the 25th percentile and the median.

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

In 2023, Lutheran Home - Wilmington Inc reported $13.9M in total revenue and $13.6M in total expenses on its IRS Form 990.

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