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Filing year 2024

NATIONAL LUTHERAN HOME FOR THE AGED INC

Frederick, Maryland·EIN 26-2222476·NTEE L122 · Housing & Shelter·3
Total revenue
$1.4M
Total assets
$86.2M
Total expenses
$228k
Reported officers
9
Mission

TO FULFILL ITS CHRISTIAN MINISTRY, NATIONAL LUTHERAN HOME FOR THE AGED IS ORGANIZED FOR THE PURPOSE OF SUPPORTING THE OBJECTIVES OF ITS PARENT ORGANIZATION, NATIONAL LUTHERAN, INC. AND RELATED ORGANIZATIONS THAT PROVIDE FOR THE HEALTHCARE, HOUSING, GENERAL CARE AND WELL-BEING OF AGED PERSONS.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

$31k
$33k
Vice President Finance
vice president
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Housing & Shelter

Down 36%
from 2023

From $49k in 2023 to $31k in 2024.

$49k
2023
$31k
2024
In today's dollarsEst.
Down 38% in real terms$53k to $33k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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

NATIONAL LUTHERAN HOME FOR THE AGED INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$778k
$85k
2023
$1.4M
$228k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Maryland

Comparable housing & shelter organizations in Maryland pay their highest-earning executive a median of $51,488.

25th percentile
$33k
Median
$51,488
75th percentile
$101k
90th percentile
$165k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 84 organizations across 84 filings (2022 – 2023).

See full Housing & Shelter pay data for Maryland
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