2025-02-18T17:34:22+00:00 2024-09-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-10-01 570327887 LUTHERAN HOMES OF SOUTH CAROLINA INC LUTH 8037495110 300 MINISTRY DRIVE IRMO SC 29063 FRANK SHEPKE CEO 2025-02-19 true Amy Bibby P00445891 8282542254 2025-02-19 2023 2025-03-06 01:10:19Z FRANK SHEPKE 300 MINISTRY DRIVE IRMO SC 29063 88811121 false X WWW.LUTHERANHOMESSC.ORG X 1924 SC PROMOTE THE WELL-BEING OF OLDER ADULTS BY PROVIDING RESIDENTIAL, HEALTH CARE AND HOSPICE SERVICES. 9 9 1602 200 0 0 2024142 1912481 77426354 85799394 256391 522150 480186 577096 80187073 88811121 0 0 0 0 44479812 47092995 0 0 0 38223677 41547140 82703489 88640135 -2516416 170986 129852904 122629771 155901218 149640114 -26048314 -27010343 LUTHERAN HOMES OF South Carolina, Inc. operates as a mission partner OF THE SC SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA to promote THE WELL-BEING OF OLDER ADULTS BY PROVIDING RESIDENTIAL, HEALTH CARE, AND HOSPICE SERVICES. false false 67469020 73562982 CONTINUING CARE RETIREMENT COMMUNITY LUTHERAN HOMES OF SOUTH CAROLINA PROVIDED HOUSING AND SERVICES TO 4,027 OLDER ADULTS ACROSS ITS FIVE COMMUNITIES: FRANKE AT SEASIDE, THE HERITAGE AT LOWMAN, RICE ESTATE, ROSECREST, AND TRINITY ON LAURENS. SERVICE ACCOMMODATIONS INCLUDED 451 INDEPENDENT LIVING HOMES AND APARTMENTS, 189 ASSISTED LIVING UNITS, 57 ASSISTED LIVING MEMORY SUPPORT UNITS, AND 336 SKILLED NURSING BEDS. OUTPATIENT THERAPY SERVICES WERE ALSO OFFERED TO RESIDENTS AND THE BROADER COMMUNITY. 8598835 9714686 HOSPICE SERVICES LUTHERAN HOMES OF SOUTH CAROLINA, DBA LUTHERAN HOSPICE, PROVIDED COMPASSIONATE END-OF-LIFE CARE TO 590 TERMINALLY ILL PATIENTS AND SUPPORT TO OVER 1,770 FAMILY CAREGIVERS. 2830929 3096929 HOME SERVICES LUTHERAN HOMES OF SOUTH CAROLINA, DBA BEWELL HOME SERVICES, DELIVERED 86,573 HOURS OF LICENSED NON-MEDICAL IN-HOME CARE TO 135 FAMILIES. ADDITIONALLY, BEWEL@HOME PROVIDED WELLNESS AND SUPPORT SERVICES TO 131 MEMBERS OF ITS CONTINUING CARE AT HOME PROGRAM. 78898784 true true false false false false false false false true true false false true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true true true false false true 363 0 true 1602 true false false false false false false false false false false false false X 9 9 false false false false false true false true true false true true true true true true true true true true false SC X Charles Coleman CFO 8037495110 300 MINISTRY DRIVE IRMO SC 29063 Dr Jeff Fine Board Member 1.0 X 0 0 0 John Balling Board Member 1.0 X 0 0 0 John Thomason Board Member 1.0 X 0 0 0 Mike Boliek Board Member 1.0 X 0 0 0 Pearl Mitchell Board Member 1.0 X 0 0 0 Rev Ginny Aebischer Board Member 1.0 X 0 0 0 Richard Moose Board Member 1.0 X 0 0 0 Susan Boland Board Member 1.0 X 0 0 0 Tim Rogers Board Member 1.0 X 0 0 0 Charles Coleman CFO (BEG. 07/01/23) 40.0 X 171845 0 22331 Frank Shepke CEO 40.0 X 555583 0 56843 Denise Dickinsen VP of Planned Growth 40.0 X 188121 0 20811 Jonathan Gates VP of Human Resources 40.0 X 195213 0 21536 Melissa Yetter Executive Director 40.0 X 226865 0 29701 Sandy Stoll Executive Director 40.0 X 161872 0 33365 Tracy Wilson VP of Clinical Operations 40.0 X 159008 0 16463 Parke Horton Former CFO (RET. 06/30/23) 40.0 X 233845 0 23479 1892352 0 224529 23 true true false MCCRORY CONSTRUCTION COMPANY 522 LADY STREET Columbia SC 29201 Construction of new buildings 3446299 SPECTRUM PARENT INC & SUBSIDIARIES PO BOX 69268 Baltimore MD 212649268 Therapy Contractor 2662077 BES CLEANING INC 3923 LADSON ROAD Ladson SC 29456 Cleaning services 548452 ANTHONY N EDE-DBAREDFISH CONTRACTING LLC PO BOX 623 isle of palms SC 29451 Renovations/Construction 270448 RUPPERT LANDSCAPE LLC 145 PRESIDENT STREET Charleston SC 29403 Landscaping 266821 17 1909748 2733 1912481 Patient and Resident Services 900099 82010308 82010308 Entrance Fee Amortization 900099 3789086 3789086 0 0 0 0 85799394 199420 199420 0 0 322730 0 322730 322730 322730 Other revenue 900099 575203 575203 equity in earnings of subsidiary 900099 1893 1893 0 0 0 0 577096 88811121 86374597 0 524043 727428 727428 39130552 33362438 5768114 491461 307646 183815 3816074 3814882 1192 2927480 2634789 292691 191590 191590 385835 385835 8798720 8749651 49069 0 1073855 901014 172841 3442882 2259393 1183489 1004061 806127 197934 3905423 3905423 342445 280022 62423 14811 3188 11623 3104012 2786286 317726 7720238 7664114 56124 2563267 2484726 78541 Food Supplies 4144933 4144933 Program Supplies 3838112 3838112 Bad Debt Expense 850384 850384 Dues and Subscriptions 166572 105656 60916 0 0 0 0 88640135 78898784 9741351 0 6746114 5145554 4618042 5157852 0 0 302268 279306 943454 885494 240420816 128828555 110123403 111592261 6300116 6392365 0 819507 -6823061 129852904 122629771 10484764 8255735 75627320 75313958 51728237 49326870 0 8317829 16220017 9743068 523534 155901218 149640114 X -26048314 -27010343 -26048314 -27010343 129852904 122629771 X 170986 125857 -1258872 X X false true X true true true X 1834707 1908685 2076262 2006179 1912481 9738314 75874409 70580986 73548666 77431420 84654951 382090432 0 0 0 77709116 72489671 75624928 79437599 86567432 391828746 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 391828746 178740 94211 219248 256391 199420 948010 0 178740 94211 219248 256391 199420 948010 0 149967 366870 2455858 493083 577096 4042874 78037823 72950752 78300034 80187073 87343948 396819630 0.9874 0.9724 0 0.0025 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 149967.0, COLUMN B - 366870.0, COLUMN C - 2455858.0, COLUMN D - 493083.0, COLUMN E - 577096.0, COLUMN F - 4042874.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4610886 4610886 182971763 99961812 83009951 287875 157273 130602 27214494 14867923 12346571 25335798 13841547 11494251 111592261 Investments 6392365 C 6392365 Funds Held for Residents 148958 Asset Retirement Obligation 301481 Third Party Payables 54817 Intercompany Payables Other Deferred Revenue 18278 523534 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Lutheran Homes of South Carolina, Inc. and Lutheran Homes of South Carolina Foundation, Inc. as described in Section 501(c)(3) of the Internal Revenue Code are exempt from federal and state income taxes on related income pursuant to Section 501(a) of the Code, and are not classified as a private foundation. Lutheran Services, Inc., a taxable corporation, utilizes the liability method of accounting for income taxes in accordance with standards on accounting for income taxes. The Organization has determined that it does not have any material unrecognized tax benefits or obligations as of September 30, 2024. X X false true false false false true false false false Parke Horton Former CFO (RET. 06/30/23) 196930 0 28064 0 8851 0 18512 0 4967 0 257324 0 0 0 Frank Shepke CEO 493505 0 58434 0 3644 0 36768 0 20075 0 612426 0 0 0 Charles Coleman CFO (BEG. 07/01/23) 148804 0 23041 0 0 0 12374 0 9957 0 194176 0 0 0 Melissa Yetter Executive Director 213038 0 13827 0 0 0 9626 0 20075 0 256566 0 0 0 Jonathan Gates VP of Human Resources 175287 0 17692 0 2234 0 11579 0 9957 0 216749 0 0 0 Denise Dickinsen VP of Planned Growth 163873 0 17094 0 7154 0 10854 0 9957 0 208932 0 0 0 Sandy Stoll Executive Director 154376 0 7496 0 0 0 6717 0 26648 0 195237 0 0 0 Tracy Wilson VP of Clinical Operations 139847 0 19161 0 0 0 6506 0 9957 0 175471 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Frank Shepke, Parke B Horton, and Charles Coleman participate in a supplemental non-qualified retirement plan. During the 2023 year, the following individuals accrued amounts under the terms of the 457(f) Plan: Frank Shepke - 19,478 Parke Horton - 7,062 Charles Coleman - $3,323 Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization THE ORGANIZATION HAS A BOARD APPROVED INCENTIVE PROGRAM. THE INCENTIVE AMOUNTS ARE BASED ON ACHIEVING VARIOUS QUALITY AND FINANCIAL MEASUREMENTS. THE FINANCIAL MEASUREMENTS INCLUDE ACHIEVING THE BUDGET, DEBT COVERAGE RATIO, AND NET OPERATING MARGIN RATIO. A LUTHERAN HOMES OF SOUTH CAROLINA INC 570960018 837033KM0 2013-05-01 36306637 REFINANCE PORTION OF 1998 SERIES AND CONSTRUCTION SNF - 2013 Series false false false B LUTHERAN HOMES OF SOUTH CAROLINA INC 570960018 837033KT5 2017-11-21 13379863 Health Care Revenue Refunding Bonds Series 2017B false false false C South Carolina Jobs-economic Development Authority 570960018 2022-05-18 27500000 Health Care Facilities Rev Refunding & Rev Bonds (The Lutheran Homes of SC) false false false A 4455000 35590714 2706254 1340279 21922669 726133 12317556 2014 true false true true B 13379863 78231 13301632 2017 true false true true C 16954891 27500000 450315 15185223 11416682 447780 true false false false A false false false false 0.0 false false false B false false false false 0.0 false false false C false false false false 0.0 false false false A false false false false false false true WELLS FARGO 0.15 true false B false false false false false false false false true C false false false false false true FIRST HORIZON BANK 12.0 false false false false true A true B true C true Form 990, Part VI, Line 15 FOR THE CEO, COMPENSATION IS BASED ON A REVIEW OF SURVEY INFORMATION AND STUDIES ANNUALLY. THE EXECUTIVE COMMITTEE REVIEWS THIS INFORMATION AND RECOMMENDS THE SALARY OF THE CEO TO THE FULL BOARD FOR APPROVAL. FOR OTHER OFFICERS AND KEY EMPLOYEES, THE CEO DETERMINES THEIR COMPENSATION BASED ON SALARY SURVEY INFORMATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Corporate's Board of Trustees is comprised of a minimum of seven and maximum of twelve members, of which, two members are ratified by the Evangelical Lutheran Church in America (ELCA) South Carolina Synod Council annually, the board members will be Lutheran or of Christian faiths that are in communion with ELCA and the Bishop or designee of the South Carolina Synod serves as a voting member. Form 990, Part VI, Line 11b Review of form 990 by governing body A draft of the 990 is reviewed by the board prior to submission. Form 990, Part VI, Line 12c Conflict of interest policy ALL OFFICERS, KEY EMPLOYEES, AND TRUSTEES COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. TRUSTEES DO NOT VOTE IN MATTERS WHERE CONFLICT EXISTS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF INTEREST RATE SWAP - -1258872; Form 990, Part XII, Line 2c Change of oversight process or selection process This process has not changed from the prior year. LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC 300 MINISTRY DRIVE IRMO SC 29063 570342978 SUPPORT LHSC SC 501(c)(3) Type I Lutheran Homes of South Carolina true LUTHERAN SERVICES INC 300 MINISTRY DRIVE IRMO SC 29063 570927309 RENTAL MANAGEMENT SC LHSC C Corporation 20180 296745 1 false true false true false false false false false false false false false false false false false true false false Lutheran Homes of South Carolina Foundation Inc C 304689 Contribution Transfer Lutheran Homes of South Carolina Foundation Inc Q 906669 Capital Purchases Lutheran Homes of South Carolina Foundation Inc Q 621278 resident Grants Lutheran Homes of South Carolina Foundation Inc Q 1779 Operational Grant Lutheran Homes of South Carolina Foundation Inc Q 75333 DEBT REDUCTION PLAN