Skip to content
Nonprofiteer
← LUTHERAN HOME - FORSYTH COUNTY INC

Form 990 for tax year 2022

Filed by LUTHERAN HOME - FORSYTH COUNTY INC.

Totals

Total revenue
$11,129,058
Total expenses
$10,268,577
Contributions and grants received
$39,657
Grants paid
$0
Program service revenue
$10,984,891
Investment income
$40,124
Other revenue
$64,386
Total assets, end of year
$6,737,394
Total liabilities, end of year
$1,433,084
Net assets or fund balances, end of year
$5,304,310
Program services expenses (Part IX)
$9,137,234
Management and general expenses
$1,131,343
Fundraising expenses
$0
Program service expenses (Part III)
$9,137,234

Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $31,810

  • 1f · All other contributions, gifts and grants

    $7,847

  • 2a · Program service revenue: SERVICE FEE REVENUE

    total $10,948,271 · related or exempt $10,948,271

  • 2b · Program service revenue: DIETARY INCOME

    total $36,620 · related or exempt $36,620

  • 3 · Investment income

    total $39,838 · excluded $39,838

  • 7a · Gross sales of assets other than inventory

    securities $286

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $286

  • 7d · Net gain or loss

    total $286 · excluded $286

  • 11a · Other revenue: OTHER REVENUE

    total $64,386 · excluded $64,386

  • 11e · Other revenue, total

    $64,386

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $4,801,860 · program services $4,380,715 · management and general $421,145

  • 8 · Pension plan contributions

    total $18,915 · program services $17,256 · management and general $1,659

  • 9 · Other employee benefits

    total $327,134 · program services $298,443 · management and general $28,691

  • 10 · Payroll taxes

    total $388,058 · program services $354,024 · management and general $34,034

  • 11a · Fees: management

    total $519,061 · management and general $519,061

  • 11b · Fees: legal

    total $2,400 · management and general $2,400

  • 11c · Fees: accounting

    total $30,000 · management and general $30,000

  • 11f · Fees: investment management

    total $2,377 · management and general $2,377

  • 11g · Fees: other

    total $1,182,437 · program services $1,158,202 · management and general $24,235

  • 12 · Advertising and promotion

    total $3,317 · management and general $3,317

  • 13 · Office expenses

    total $517,424 · program services $457,255 · management and general $60,169

  • 14 · Information technology

    total $5,815 · program services $5,815

  • 16 · Occupancy

    total $872,714 · program services $872,714

  • 17 · Travel

    total $14,383 · program services $10,128 · management and general $4,255

  • 19 · Conferences, conventions and meetings

    total $4,595 · program services $4,595

  • 22 · Depreciation, depletion and amortization

    total $154,295 · program services $154,295

  • 23 · Insurance

    total $57,221 · program services $57,221

  • 24a · Other expenses: MEDICAL EXPENSES

    total $727,997 · program services $727,997

  • 24b · Other expenses: FOOD

    total $367,906 · program services $367,906

  • 24c · Other expenses: BAD DEBT

    total $270,574 · program services $270,574

  • 24d · Other expenses: COVID 19 EXPENSE

    total $94 · program services $94

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,485,379 · end of year $1,205,055

  • 4 · Accounts receivable

    beginning of year $1,810,599 · end of year $2,075,102

  • 8 · Inventories for sale or use

    beginning of year $69,237 · end of year $33,120

  • 9 · Prepaid expenses and deferred charges

    beginning of year -$7,345 · end of year $13,323

  • 10a · Land, buildings and equipment: cost or other basis

    $2,245,208

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,746,702

  • 10c · Land, buildings and equipment, net

    beginning of year $612,383 · end of year $498,506

  • 11 · Investments: publicly traded securities

    end of year $2,912,288

  • 17 · Accounts payable and accrued expenses

    beginning of year $534,571 · end of year $680,192

  • 19 · Deferred revenue

    beginning of year $31,810 · end of year $0

  • 25 · Other liabilities

    beginning of year $934,439 · end of year $752,892

  • 27 · Net assets without donor restrictions

    beginning of year $4,467,432 · end of year $5,300,992

  • 28 · Net assets with donor restrictions

    beginning of year $2,001 · end of year $3,318

Mission and programs · 2022

Mission

SEE SCHEDULE O

Activities or mission (Part I)

EMPOWERED BY CHRIST, WE WALK TOGETHER WITH ALL WE SERVE.

  • LUTHERAN HOME - FORSYTH COUNTY, INC. STRIVES TO BE A TRUE HOME FOR ITS RESIDENTS, A PLACE OF COMFORT, SECURITY AND BELONGING. STAFF EMPHASIZE BOTH QUALITY CARE AND QUALITY OF LIFE. MEANINGFUL ACTIVITIES BRING RESIDENTS, STAFF, FAMILIES AND VOLUNTEERS TOGETHER IN A SPIRIT OF FUN AND FELLOWSHIP. STAFF 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 FAMILIES AND RESIDENTS DURING ADMISSION AND THROUGHOUT THEIR STAY.SEE CONTINUATION ON SCHEDULE O.DURING THE YEAR ENDED SEPTEMBER 30, 2023, LUTHERAN HOME - FORSYTH, INC. PROVIDED 44,960 DAYS OF CARE TO 127 RESIDENTS.

    Expenses $9,137,234 · Revenue $10,984,891

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • TED GOINS

    CEO/PRESIDENT

    Total calculated
    $394,066
    From this org
    $0
    From related orgs
    $381,871
    Other
    $12,195
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,371 related
    Bonus
    $0
    Other
    $0 + $500 related
    Deferred
    $0 + $6,100 related
    Nontaxable benefits
    $0 + $6,095 related
    Filer's total
    $0 + $394,066 related

  • GREGORY HUDGINS

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CARY M GRANT

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KAREN MADDRY

    SECRETARY

    Total calculated
    $89,637
    From this org
    $0
    From related orgs
    $81,554
    Other
    $8,083
    Hours/week
    1 + 40 related

  • KIRBY NICKERSON

    CHIEF FINANCIAL OFFICER

    Total calculated
    $274,928
    From this org
    $0
    From related orgs
    $259,279
    Other
    $15,649
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $259,079 related
    Bonus
    $0
    Other
    $0 + $200 related
    Deferred
    $0 + $5,214 related
    Nontaxable benefits
    $0 + $10,435 related
    Filer's total
    $0 + $274,928 related

  • KESHA SMITH

    CHIEF OPERATING OFFICER

    Total calculated
    $276,600
    From this org
    $0
    From related orgs
    $261,157
    Other
    $15,443
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,907 related
    Bonus
    $0 + $15,000 related
    Other
    $0 + $250 related
    Deferred
    $0 + $5,008 related
    Nontaxable benefits
    $0 + $10,435 related
    Filer's total
    $0 + $276,600 related

  • TONYA HILLIARD

    ADMINISTRATOR

    Total calculated
    $162,418
    From this org
    $158,690
    From related orgs
    $0
    Other
    $3,728
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,375
    Bonus
    $13,065
    Other
    $250
    Deferred
    $3,190
    Nontaxable benefits
    $538
    Filer's total
    $162,418

  • SAADIA BAHRI

    LPN

    Total calculated
    $138,423
    From this org
    $131,460
    From related orgs
    $0
    Other
    $6,963
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
12 August 2024
IRS schema version
2022v5.0
Source object
202422259349301427

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.