LEXINGTON RETIREMENT COMMUNITY INC

EIN: 541795871 501(c)(3) Human Services

LEXINGTON, VA

Total Revenue
$23,050,680
Total Expenses
$20,961,354
Total Assets
$120,608,661
Net Assets
$23,827,823
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
PAMELA LUECKE
Phone
5404631910
Tax Period
2024-01-01 to 2024-12-31

LEXINGTON RETIREMENT COMMUNITY INC, founded in 1995, is a mid-sized nonprofit in the Human Services sector that reported $16.2M in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year. Expenses of $14.8M left a modest 9% surplus.

Mission

PROVIDE SERVICES FOR OLDER PEOPLE LIVING RESIDENTIALLY, IN ASSISTED LIVING & SKILLED NURSING.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $249,132
Program Service Revenue $20,212,605
Investment Income $2,221,650
Other Revenue $367,293
TOTAL REVENUE $23,050,680

Expense Breakdown

Grants Paid $48,300
Salaries & Benefits $9,840,919
Fundraising Expenses $7,231
Program Expenses $14,711,471
Other Expenses $11,072,135
TOTAL EXPENSES $20,961,354

Year-over-Year Comparison

2024 2023 Change
Revenue $23,050,680 $21,656,710 +0.1%
Expenses $20,961,354 $19,827,750 +0.1%
Net Income $2,089,326 $1,828,960 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
232
Volunteers
20

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
$534,196
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA LUECKE BOARD CHAIR 10.00
Officer Director
$0 $0 $0
MICHELE HENTZ BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE MERCE BROOKS BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID GRIZZLE BOARD MEMBER 1.00
Director
$0 $0 $0
MARK KEELEY BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH BRANNER BOARD MEMBER 1.00
Director
$0 $0 $0
RANDOLPH HARE BOARD MEMBER 1.00
Director
$0 $0 $0
PRISCILLA BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER RUSSELL BOARD MEMBER 1.00
Director
$0 $0 $0
HARRY WARNER JR BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE SUMMERS BOARD MEMBER 1.00
Director
$0 $0 $0
NATASHA WALSH BOARD MEMBER 1.00
Director
$0 $0 $0
DREWRY SACKETT BOARD MEMBER - LEFT MAY 2024 1.00
Director
$0 $0 $0
JAMES ADAMS BOARD MEMBER - LEFT MAY 2024 1.00
Director
$0 $0 $0
KAREN RUSSELL SECRETARY 1.00
Officer Director
$0 $0 $0
BENNETT ROSS TREASURER 1.00
Officer Director
$0 $0 $0
LINDA WILDER VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAN BIGELOW CHIEF EXECUTIVE OFFICER 50.00
Officer
$294,477 $30,605 $325,082
FELICIA DIPRONIO BUSH CFO AND INTERIM CEO 50.00
Officer
$186,577 $22,537 $209,114
TODD PEGG DIRECTOR OF FACILITY SERVICES 50.00
Highest
$109,213 $34,968 $144,181
ADAM FELDBAUER HEALTH SERVICES ADMINISTRATOR 50.00
Highest
$143,820 $17,856 $161,676
GERALD WAYNE FERGUSON IT DIRECTOR 50.00
Highest
$110,147 $34,678 $144,825
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
2024 $23,050,680 $20,961,354 $120,608,661 $2,089,326
2023 $21,656,710 $19,827,750 $113,718,505 $1,828,960
2022 $20,631,942 $18,744,988 $107,075,369 $1,886,954
2021 $22,740,309 $18,030,494 $110,623,438 $4,709,815
2020 $19,293,766 $17,948,401 $109,756,130 $1,345,365
2019 $17,074,598 $15,676,104 $105,009,722 $1,398,494
2018 $16,195,228 $14,758,125 $92,229,641 $1,437,103
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