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Nonprofit · EIN 26-0158745

LUTHERAN HOME WILMINGTON PROPERTY INC

Tax-exempt · SALISBURY, NC 28145

Financials

$784K$746K2022$785K$723K2023$750K$729K2024
Revenue Expenses · by fiscal year end
Financials of LUTHERAN HOME WILMINGTON PROPERTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$750,190$729,080$21,110$9,856,539$12,800,903-$2,944,364
September 30, 2024990$784,607$723,354$61,253$10,297,400$13,265,604-$2,968,204
September 30, 2023990$783,840$745,567$38,273$12,517,685$15,642,019-$3,124,334
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$750,000
Investment income
$1,144
Net rental income
-$954
Net gain from sales of assets
$326
Other revenue
-$954

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,000
Occupancy
$11,161
Depreciation
$278,582
Program services (functional)
$723,045
Management and general (functional)
$6,035

Balance sheet and other

Total assets, start of year
$10,297,400
Total assets, end of year
$9,856,539
Total liabilities, end of year
$12,800,903
Net assets, end of year
-$2,944,364
Land, buildings and equipment
$11,147,711
Publicly traded securities
$31,831
Net assets without donor restrictions
-$2,944,364
Gross unrelated business income
-$954
Gross receipts
$751,144
Employees
0
Volunteers
0
Year formed
2007
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
TED GOINSPRESIDENT/CEO
Trustee or director, Officer
1$0$430,398$36,615
KIRBY NICKERSONCHIEF FINANCIAL OFFICER
Officer
1$0$310,130$26,824
KESHA SMITHCHIEF OPERATING OFFICER
Key employee
1$0$308,014$15,106
JAMES PARRISHADMINISTRATOR - LH WILMINGTON
Highest-paid employee
–$0$130,969$10,336
KAREN MADDRYSECRETARY
Officer
1$0$86,227$8,636
DOUG NELSONCHAIR
Trustee or director
1$0$0$0
RICHARD HERMANVICE CHAIR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Ted GoinsPresident/CEO
Trustee or director, Officer
1$0$416,053$13,158
Kirby NickersonChief Financial Officer
Officer
1$0$286,055$15,848
Kesha SmithChief Operating Officer
Key employee
1$0$280,725$14,715
Karen MaddrySecretary
Officer
1$0$84,479$10,047
Cary M GrantVice Chair
Trustee or director
1$0$0$0
Gregory HudginsChair
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TED GOINSCEO/PRESIDENT
Trustee or director, Officer
1$0$381,871$12,195
KESHA SMITHCHIEF OPERATING OFFICER
Key employee
1$0$261,157$15,443
KIRBY NICKERSONCHIEF FINANCIAL OFFICER
Officer
1$0$259,279$15,649
BONNIE SKOBELEXECUTIVE DIRECTOR
Highest-paid employee
1$0$157,816$11,220
KAREN MADDRYSECRETARY
Officer
1$0$81,554$8,083
GREGORY HUDGINSCHAIR
Trustee or director
1$0$0$0
CARY M GRANTVICE CHAIR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 947, SALISBURY, NC 28145-0947
In care of
% TED W GOINS JR
Principal officer (990 for 2024)
TED GOINS, PO BOX 947, SALISBURY, NC 281450947
Signed the 990
TED GOINS, PRESIDENT / CEO
Phone
(704) 637-2870
Return prepared by
FORVIS MAZARS LLP

Mission

SEE SCHEDULE O

990 for the year ended September 30, 2025

Program accomplishments

  • LUTHERAN HOME WILMINGTON PROPERTY, INC. OWNS THE LAND LOCATED AT 631 JUNCTION CREEK DRIVE IN WILMINGTON, NC. THE CORPORATION LEASES THAT BUILDING TO LUTHERAN HOME WILMINGTON, INC., WHICH STRIVES TO BE A TRUE HOME FOR ITS RESIDENTS, A PLACE OF COMFORT, SECURITY AND BELONGING. AS LESSOR, LUTHERAN HOME WILMINGTON PROPERTY, INC. CHARGES REASONABLE LEASE PAYMENTS SUFFICIENT TO PROVIDE ON-GOING UPKEEP OF THE FACILITY.
    Expenses $723,045 · revenue $750,000

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
26-0158745
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1988
Accounting year ends
September
Files
Not required (church)
Assets (IRS master file)
$9,856,539
Income (IRS master file)
$751,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$750,190$729,080$9,856,539XML
990-TSeptember 2025–––IRS
990September 2024$784,607$723,354$10,297,400XML
990-TSeptember 2024–––IRS
990September 2023$783,840$745,567$12,517,685XML
990-TSeptember 2023–––IRS
990September 2022$772,199$1,044,078$12,682,653IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0158745).

Questions about LUTHERAN HOME WILMINGTON PROPERTY INC

What is the EIN of LUTHERAN HOME WILMINGTON PROPERTY INC?
The employer identification number (EIN) of LUTHERAN HOME WILMINGTON PROPERTY INC is 26-0158745.
Is LUTHERAN HOME WILMINGTON PROPERTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Which annual return does LUTHERAN HOME WILMINGTON PROPERTY INC file?
Form Not required (church). Churches are not required to file.
When is the next return of LUTHERAN HOME WILMINGTON PROPERTY INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LUTHERAN HOME WILMINGTON PROPERTY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LUTHERAN HOME WILMINGTON PROPERTY INC?
The 990 for the year ended September 30, 2025 names TED GOINS.
Who are the officers and directors of LUTHERAN HOME WILMINGTON PROPERTY INC?
The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does LUTHERAN HOME WILMINGTON PROPERTY INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $750,190, expenses of $729,080 and total assets of $9,856,539 at year end.

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