CARROLL LUTHERAN VILLAGE INC

EIN: 521127007 501(c)(3) Human Services

WESTMINSTER, MD

Total Revenue
$33,173,566
Total Expenses
$34,438,053
Total Assets
$114,532,146
Net Assets
$21,536,311
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MD
Principal Officer
JEFFREY W BRANCH
Phone
4108480090
Tax Period
2022-07-01 to 2023-06-30

CARROLL LUTHERAN VILLAGE INC, founded in 1981, is a mid-sized nonprofit in the Human Services sector that reported $33.2M in total revenue in fiscal year 2022.

Mission

LUTHERAN SOCIAL MINISTRIES IS ORGANIZED TO RECEIVE AND ADMINISTER FUNDS FOR, TO ESTABLISH, MAINTAIN, SUPERVISE, COORDINATE, ASSIST AND PERFORM PLANNING AND OTHER FUNCTIONS FOR THE BENEFIT OF, OR TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND SERVICE PURPOSES OF THE SUPPORTED ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $15,106,280 Revenue: $16,772,153

RESIDENTAL LIVING - THE VILLAGE OFFERS SENIORS 60 YEARS OF AGE AND OLDER ACCESS TO QUALITY SERVICES ON A BEAUTIFULLY MAINTAINED CAMPUS WHERE QUALITY OF LIFE AND A SPIRIT OF COMMUNITY ARE EMPHASIZED...

Read more

RESIDENTAL LIVING - THE VILLAGE OFFERS SENIORS 60 YEARS OF AGE AND OLDER ACCESS TO QUALITY SERVICES ON A BEAUTIFULLY MAINTAINED CAMPUS WHERE QUALITY OF LIFE AND A SPIRIT OF COMMUNITY ARE EMPHASIZED. RESIDENTS MAY SELECT ACCOMMODATIONS FROM A WIDE RANGE OF UNIT SIZES WITH ENTRANCE FEES FOR THE MAJORITY OF UNITS BELOW THE U.S. MEDIAN HOME PRICE. HEALTH, WELLNESS, AND FITNESS PROGRAMMING IS INCLUDED IN MONTHLY FEES. RESIDENTS ARE ENCOURAGED TO ENGAGE IN ALL ASPECTS OF WELLNESS. RESIDENTS HAVE ACCESS TO ON SITE MEDICAL SERVICES. THE VILLAGE RESIDENTIAL LIVING PROGRAM HAD 121,845 CENSUS DAYS DURING THE YEAR, WHICH REPRESENTS 84.30% OCCUPANCY.

Program 2
Expenses: $12,529,196 Revenue: $13,910,876

HEALTH CARE AND ASSISTED LIVING - THE VILLAGE PROVIDES QUALITY, SKILLED NURSING CARE, LONG TERM CARE AND ASSISTED LIVING IN A COMFORTABLE, HOMELIKE ENVIRONMENT TO ALL RESIDENTS, INCLUDING THOSE WHO...

Read more

HEALTH CARE AND ASSISTED LIVING - THE VILLAGE PROVIDES QUALITY, SKILLED NURSING CARE, LONG TERM CARE AND ASSISTED LIVING IN A COMFORTABLE, HOMELIKE ENVIRONMENT TO ALL RESIDENTS, INCLUDING THOSE WHO HAVE OUTLIVED THEIR ASSETS (PROVIDED APPROPRIATE STEWARDSHIP). EARNINGS FROM A RESTRICTED ENDOWMENT ARE USED TO SUBSIDIZE RESIDENTS AS NEEDS ARE DEMONSTRATED. THE VILLAGE PARTICIPATES IN MEDICARE AND MEDICAID PROGRAMS AND ACCEPTS REIMBURSEMENT FOR CARE THAT DOES NOT FULLY COVER COSTS. THE VILLAGE HEALTH CARE CENTER HAD 22,830 HEALTHCARE CENSUS DAYS, WHICH REPRESENTS 60.73% OCCUPANCY, AND 14,487 ASSISTED LIVING CENSUS DAYS, WHICH REPRESENTS 79.38% OCCUPANCY.

Program 3
Expenses: $1,268,638 Revenue: $1,408,539

ADDITIONAL SUPPORT SERVICES - ALL LEVELS OF CARE ARE SUPPORTED BY ON-CAMPUS ACCESS TO MEDICAL CARE (INCLUDING PRIMARY CARE PHYSICIAN, PODIATRY, DERMATOLOGY, AUDIOLOGY, LAB SERVICES AND RADIOLOGY)...

Read more

ADDITIONAL SUPPORT SERVICES - ALL LEVELS OF CARE ARE SUPPORTED BY ON-CAMPUS ACCESS TO MEDICAL CARE (INCLUDING PRIMARY CARE PHYSICIAN, PODIATRY, DERMATOLOGY, AUDIOLOGY, LAB SERVICES AND RADIOLOGY), THERAPY SERVICES, NUTRITIONAL FOOD SERVICE, HOME HEALTH SERVICES, DIVERSE RELIGIOUS SERVICES, TRANSPORTATION, MAINTENANCE, HOUSEKEEPING, AND LAUNDRY SERVICES. ORGANIZATIONAL GOVERNANCE IS ACCOMPLISHED THROUGH A PROCESS THAT ENCOURAGES RESIDENT PARTICIPATION.CARROLL LUTHERAN VILLAGE IS DEDICATED NOT ONLY TO ITS RESIDENTS, BUT ALSO TO ITS STAFF, THE HEALTH PROFESSIONS, AND THE COMMUNITY AT LARGE. RESIDENTS CONDUCT AN ANNUAL APPEAL TO RAISE FUNDS FOR STAFF SCHOLARSHIPS. SUNDAY CHAPEL OFFERINGS ARE OFTEN DESIGNATED TO PROVIDE FINANCIAL SUPPORT WHERE IT IS CRITICALLY NEEDED. A COMPASSIONATE RESPONSE FUND EXISTS AND IS ADMINISTRERED WITHIN THE GOVERNANCE STRUCTURE. THE VILLAGE OFFERS SUPPORT TO OTHER NON-PROFIT ORGANIZATIONS BY ENCOURAGING STAFF AND RESIDENTS TO ACT IN VOLUNTEER, ADVISORY OR BOARD ROLES.LOCAL COLLEGES ARE SUPPORTED FINANCIALLY, SPECIFICALLY TO ENHANCE PROGRAMS THAT TRAIN AND DEVELOP SKILLED HEALTHCARE PROFESSIONALS. THE LOCAL HOSPITAL IS SUPPORTED FINANCIALLY AS WE ARE ENGAGED IN A GROWING, MUTUALLY BENEFICIAL PARTNERSHIP TO PROVIDE QUALITY HEALTHCARE SERVICES AND INFORMATION TO RESIDENTS OF CARROLL LUTHERAN VILLAGE AND TO MEMBERS OF THE GREATER COMMUNITY IN NEED OF HEALTHY AGING SUPPORT.INTERNALLY, MEETING SPACE ON THE CAMPUS IS OFFERED FOR USE BY NON-PROFIT COMMUNITY GROUPS. CLINICAL TRAINING IS PROVIDED FOR LOCAL COLLEGES AND TECH SCHOOLS. MORE SPECIFICALLY, THE VILLAGE SUPPORTS CARROLL COMMUNITY COLLEGE BY HAVING OUR SKILLED NURSING FACILITY SERVE AS THE CLINICAL TRAINING SITE FOR NEW GNAS. WE ALSO PARTNER WITH THE SECONDARY SCHOOL SYSTEM'S CAREER AND TECHNICAL CENTER BY HAVNING GNA INTERNS WORK IN OUR SKILLED AND ASSISTED LIVING UNITS. ORGANIZATIONAL GOVERNANCE IS ACHIEVED BY VOLUNTEER BOARD MEMBERS WITH SKILLSETS THAT COMPLIMENT THE NEED AND MISSION OF THE ORGANIZATION. BOARD MEMBERS INCLUDE TWO RESIDENT BOARD MEMBERS. THE RESIDENT ASSOCIATION IS ENCOURAGED TO PARTNER WITH MANAGEMENT TO ENHANCE RESIDENT LIFE AND OTHER SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $517,841
Program Service Revenue $32,091,568
Investment Income $169,361
Other Revenue $394,796
TOTAL REVENUE $33,173,566

Expense Breakdown

Grants Paid $24,184
Salaries & Benefits $15,416,337
Fundraising Expenses $46,950
Program Expenses $28,904,114
Other Expenses $18,997,532
TOTAL EXPENSES $34,438,053

Year-over-Year Comparison

2022 2021 Change
Revenue $33,173,566 $33,951,883 0.0%
Expenses $34,438,053 $34,118,190 +0.0%
Net Income $-1,264,487 $-166,307 +6.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
433
Volunteers
167

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$948,058
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BOLLINGER CHAIR 2.00
Officer Director
$0 $0 $0
DAVID MORGAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
DONALD B MEYERS SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
SHARON MCCLERNAN BOARD 2.00
Director
$0 $0 $0
VIRGINIA HARRISON BOARD 2.00
Director
$0 $0 $0
DOT SISLER BOARD 2.00
Director
$0 $0 $0
JOSEPH CONKLIN BOARD 2.00
Director
$0 $0 $0
NEIL SALONEN BOARD 2.00
Director
$0 $0 $0
JAMES SCHWARTZ BOARD 2.00
Director
$0 $0 $0
JEFFREY W BRANCH PRESIDENT/CEO 16.00
Officer
$0 $30,183 $481,612
STEVEN POWELL VP FINANCE 16.00
Officer
$0 $11,509 $246,685
KENNETH CONNELLY VP OF OPERATIONS 16.00
Officer
$0 $21,459 $219,761
JENNIFER MILLER DIRECTOR OF HEALTHCARE 40.00
Highest
$107,515 $18,833 $126,348
KERRIE ROMERIL DIRECTOR OF NURSING 40.00
Highest
$140,415 $2,616 $143,031
ROSS BAKER DIRECTOR OF FACILITIES 40.00
Highest
$104,040 $16,346 $120,386
ANN MCDERMOTT ASSOCIATE EXECUTIVE DIRECT 40.00
Highest
$139,745 $12,652 $152,397
KRISTINA CATON RN RESIDENT CARE SUPERVISOR 40.00
Highest
$123,962 $4,806 $128,768
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $33,173,566 $34,438,053 $114,532,146 $-1,264,487
2022 $33,951,883 $34,118,190 $102,545,420 $-166,307
2021 $37,049,156 $34,609,167 $104,149,842 $2,439,989
2020 $33,769,893 $34,414,044 $100,772,126 $-644,151
2019 $33,058,074 $33,161,333 $99,161,002 $-103,259
2018 $32,759,667 $33,278,579 $98,846,219 $-518,912
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CARROLL LUTHERAN VILLAGE INC with other nonprofits in Maryland and across the country.