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Lutheran Home - Hickory

Also known as Trinity Village

Salisbury, NC · EIN 20-1457341 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Lutheran Home - Hickory reported $19.5 million in revenue and $18.8 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $92.96 went to program services, $7.04 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.6% of the total. The highest compensation it reported for one person was $467,013 (PRESIDENT/CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 31% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $19M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.0%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
7.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.2%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
95.6%58.9%
Highest reported compensation
Part VII-A, columns D–F
$467,013$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.48%1.38%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.96.8
Independent voting board members
Part VI 1a–1b
2 of 3100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$18M expenses · 100.0% of program spending · revenue $19M

Lutheran Home - hickory, inc. Strives to be a true home for its residents, a place of comfort, security, and belonging. Teammates emphasize both quality care and quality of life. Meaningful activities bring residents, teammates, families, and volunteers together in a spirit of fun and fellowship. Teammates are committed to providing compassionate care and personal attention to residents while meeting the unique medical, emotional, and spiritual needs of each individual. Because choosing a nursing home often comes at a difficult time, chaplains are available to offer support and guidance to…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Director/trustee, officer, 1.0 hrs/week
$0$430,398$36,615$467,013
CHIEF FINANCIAL OFFICER
Officer, 1.0 hrs/week
$0$310,130$26,824$336,954
CHIEF OPERATING OFFICER
Key employee, 1.0 hrs/week
$0$308,014$15,106$323,120
LPN
Highest compensated employee, 40.0 hrs/week
$123,175$0$9,210$132,385
LPN
Highest compensated employee, 40.0 hrs/week
$110,516$0$9,209$119,725
LPN
Highest compensated employee, 40.0 hrs/week
$100,303$0$6,831$107,134
SECRETARY
Officer, 1.0 hrs/week
$0$86,227$8,636$94,863

3 people received more than $100,000 in reportable compensation from Lutheran Home - Hickory (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$19M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$19M$19M93.0%$11M$467,013
FY2024 ⓘ$18M$19M93.3%$9.7M$429,211
FY2023 ⓘ$18M$18M93.3%$9.7M$394,066
FY2022 ⓘ$19M$17M92.4%$10M$384,553
FY2021 ⓘ$16M$16M92.2%$8.1M$366,952
FY2020 ⓘ$15M$15M92.4%$7.7M$346,654

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b3 · 2 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5364
  • Volunteers Part I, line 6302

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
TRINITY REHAB LLC
Therapy services
$1,282,117

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Lutheran Home - Hickory's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lutheran Home - Hickory, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in North Carolina

Questions people ask

How much of Lutheran Home - Hickory's spending goes to programs?

In the fiscal year ending September 30, 2025, Lutheran Home - Hickory reported that 93.0% of its $18.8 million in expenses went to program services, 7.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Lutheran Home - Hickory pay its top executive?

The largest total compensation Lutheran Home - Hickory reported for one person in the fiscal year ending September 30, 2025 was $467,013, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lutheran Home - Hickory get its money?

Of $19.5 million in revenue in the fiscal year ending September 30, 2025, 1.2% came from contributions and grants and 95.6% from program service revenue (Form 990, Part VIII).

Is Lutheran Home - Hickory a registered charity?

The IRS lists EIN 20-1457341 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622199349300432 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522269349302287 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412259349300776 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202301369349302105 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202239349302600 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132249349300318 · read the filing

All filings for EIN 20-1457341: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.