Lutheran Home at Trinity Oaks Inc logo

Lutheran Home at Trinity Oaks Inc

Public charity · Grantmaker Salisbury, NC EIN: 20-1457824 Website

Key facts about Lutheran Home at Trinity Oaks Inc

EIN
20-1457824
Latest 990 filing
Form 990, 2025
Total assets
$26,321,803

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$26.3M

+13.2% YoY

Revenue

$17.6M

+9.0% YoY

Net Investment Income

$946K

+122.0% YoY

Expenses

$16.0M

+6.3% YoY

About Lutheran Home at Trinity Oaks Inc

Based on IRS filings

Lutheran Home at Trinity Oaks Inc is a public charity, based in Salisbury, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $26.3M in total assets. Net investment income was $946K.

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Geographic Focus

Where this funder awards grants

Cities

Salisbury

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 0 grants2025

In 2019 it made 1 grant totaling $145K.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$26,321,803$23,249,766$19,745,738
Revenue$17,606,704$16,152,251$14,293,207
Expenses$16,027,162$15,079,725$13,445,964
Net Investment Income$946,157$426,201$267,885

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS August 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

Lutheran Home at Trinity Oaks Inc is led by Ted Goins, President & CEO on every filing since 2019; 5 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Ted Goins

    President & CEO

    On filings since 2019

    1 hr/week

    No compensation reported

  • William Johnson

    Executive Director

    On filings since 2021

    1 hr/week

    $184K (2021) → $0 (2025)

  • Doug Nelson

    Chair

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Beverly Smith

    Director of Nursing

    New on the 2025 filing

    40 hrs/week

    $107K (2025)

  • Madison Yoder

    Director

    New on the 2025 filing

    40 hrs/week

    $104K (2025)

  • Elizabeth A. Grant

    Rn Supervisor

    On filings since 2022

    40 hrs/week

    $104K (2022) → $112K (2025)

  • Timothy Cornelison

    Administrator

    On filings since 2024

    40 hrs/week

    $119K (2024) → $124K (2025)

  • Carrie Brown

    Lpn

    New on the 2025 filing

    40 hrs/week

    $101K (2025)

  • Karen Maddry

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kesha Smith

    Chief Operating Officer

    COO - Senior Services → Chief Operating Officer, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kirby Nickerson

    Chief Financial Officer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Richard Herman

    Vice Chair

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Cary M Grant (2021–2024) — Vice Chair
  • Former: Gregory Hudgins (2021–2024) — Chair
  • Former: Ann Miller (2021–2023) — Rn Supervisor
  • Former: Betty Lohr (2019–2020) — Vice Chair
  • Former: Eric Hoyle (2019–2020) — Chair
  • Former: Myra Griffie (2020) — Chief Operating Officer
  • Former: Elizabeth Kuhn (2019) — Chief Development Officer

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Timothy Cornelison — Administrator: $124KTimothy CornelisonAdministrator$124KElizabeth a Grant — RN Supervisor: $112KElizabeth a GrantRN Supervisor$112KBeverly Smith — Director of Nursing: $107KBeverly SmithDirector of Nursing$107KMadison Yoder — Director: $104KMadison YoderDirector$104KCarrie Brown — LPN: $101KCarrie BrownLPN$101K

The highest reported compensation on the 2025 filing was $124K, to Timothy Cornelison (Administrator). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Lutheran Home at Trinity Oaks Inc

How large is Lutheran Home at Trinity Oaks Inc?

Lutheran Home at Trinity Oaks Inc reported $26.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $17.6M.

Where does Lutheran Home at Trinity Oaks Inc operate?

Lutheran Home at Trinity Oaks Inc has awarded grants in North Carolina.

What is Lutheran Home at Trinity Oaks Inc's EIN?

Lutheran Home at Trinity Oaks Inc's EIN (Employer Identification Number) is 20-1457824. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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