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Filing year 2023

Lutheran Retirement Center - Clemmons Inc

Salisbury, North Carolina·EIN 82-4069577·3
Total revenue
$1.4M
Total assets
$12.1M
Total expenses
$1.2M
Reported officers
8

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

Chief Financial Officer
$16k
$17k
Chief Operating Officer
$15k
$16k
$13k
$14k
Secretary
secretary (operational)
$10k
$11k
Administrator
highest compensated employee
$9k
$10k
Administrator
highest compensated employee
$3k
$3k

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 1%
from 2022

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

$16k
2022
$16k
2023
In today's dollarsEst.
Down 3% in real terms$18k to $17k

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.

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

Revenue and expenses over time

Lutheran Retirement Center - Clemmons Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.2M
2022
$1.4M
$1.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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