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Filing year 2023

LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA

Burlington, North Carolina·EIN 56-1270984·NTEE L11 · Housing & Shelter·501(c)(3)
Total revenue
$51.9M
Total assets
$254.3M
Total expenses
$46.3M
Reported officers
28
Mission

AS A NON-PROFIT BUILT ON CHRISTIAN VALUES, WE CELEBRATE THE PROGRESSION OF LIFE AND DIGNITY OF THE INDIVIDUAL BY EMPOWERING ALL MEMBERS OF OUR COMMUNITY TO LIVE, WORK AND SERVE TO THEIR FULLEST POTENTIAL.

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 Housing & Shelter organizations nationwide.

President/ceo
Above 90th percentilevs Housing & Shelter peers in North Carolina
$350k
$382k
Base
$295k
Bonus
Other
Benefits
$19k
CFO
Above 90th percentile
$208k
$227k
Base
$181k
Bonus
Other
Benefits
$18k
Hc Administrator
Highest Compensated Employee
Median to 75th percentile
$147k
$161k
Director of Nursing (ms)
Highest Compensated Employee
Median to 75th percentile
$143k
$156k
Director of Resident & Com
Highest Compensated Employee
Median to 75th percentile
$129k
$141k
Hro
Officer (Unspecified)
$125k
$136k
Weekend Supervisor RN
Highest Compensated Employee
25th percentile to median
$117k
$128k
Mc Administrator
Highest Compensated Employee
25th percentile to median
$116k
$126k

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 20 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 MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA equaled 0.8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
0.8%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 49%
from 2022

From $692k in 2022 to $350k in 2023.

$692k
2022
$350k
2023
In today's dollarsEst.
Down 52% in real terms$789k to $382k

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 Executive Officer pay fell 49% from 2022 to 2023, while revenue rose 11%.

$692k in 2022 to $350k in 2023.
  • Chief Financial Officer pay fell 2% from 2022 to 2023.
  • Highest Compensated Employee pay fell 9% 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 MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA

What does the Chief Executive Officer of LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA earn?

In 2023, the Chief Executive Officer of LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA received $349,611 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in North Carolina, the 2023 pay of the Chief Executive Officer at LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA falls in the top 10%. In 2023, the highest total compensation at LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA equaled 0.8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA's revenue and expenses?

In 2023, LUTHERAN RETIREMENT MINISTRIES OF ALAMANCE COUNTY NORTH CAROLINA reported $51.9M in total revenue and $46.3M in total expenses on its IRS Form 990.

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