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Filing year 2023

Lutheran Retirement Center At Lutheridge Inc

Salisbury, North Carolina·EIN 58-1823983·NTEE L220 · Housing & Shelter·501(c)(3)
Total revenue
$4.5M
Total assets
$10.6M
Total expenses
$3.4M
Reported officers
6

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Chief Financial Officer
25th percentile to median
$16k
$17k
Chief Operating Officer
10th to 25th percentile
$15k
$16k
President/ceo
Below 10th percentilevs Housing & Shelter peers in North Carolina
$13k
$14k
Secretary
Secretary (Operational)
10th to 25th percentile
$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.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Lutheran Retirement Center At Lutheridge Inc equaled 0.5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
0.5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

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

$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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Lutheran Retirement Center At Lutheridge Inc

What does the Chief Financial Officer of Lutheran Retirement Center At Lutheridge Inc earn?

In 2023, the Chief Financial Officer of Lutheran Retirement Center At Lutheridge Inc received $15,848 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Housing & Shelter organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at Lutheran Retirement Center At Lutheridge Inc compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Chief Financial Officer at Lutheran Retirement Center At Lutheridge Inc falls between the 25th percentile and the median. In 2023, the highest total compensation at Lutheran Retirement Center At Lutheridge Inc equaled 0.5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are Lutheran Retirement Center At Lutheridge Inc's revenue and expenses?

In 2023, Lutheran Retirement Center At Lutheridge Inc reported $4.5M in total revenue and $3.4M in total expenses on its IRS Form 990.

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