WinstonSalem, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Moravian Home Incorporated dba Salemtowne, founded in 1971, is a mid-sized nonprofit in the Human Services sector that reported $41.5M in total revenue in fiscal year 2024.
To be a welcoming community where senior adults flourish.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $41,505,884 | $39,341,268 | +0.1% |
| Expenses | $42,991,730 | $40,041,593 | +0.1% |
| Net Income | $-1,485,846 | $-700,325 | +1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Corlis Sellers-Drummond | Secretary | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Colbourne | Treasurer | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Marty Edwards | Chair | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Terry Williams | Vice Chair | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Aimee Smith | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Chris Thore | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Elms Allen | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| John Ferguson | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Kevin Owen | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Leslee Battle | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Michelle Cook | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| R Patrick Yeatts | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Rose Simon | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Russell Armistead | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Scott Southerland | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Tim Gardner | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Mark Steele | President/CEO (outgoing) | 40.0 |
Officer
|
$276,910 | $60,129 | $337,039 |
| PAUL E HARRISON | President/CEO (incoming) | 40.0 |
Officer
|
$126,363 | $6,559 | $132,922 |
| Tracy Beisecker | CFO | 40.0 |
Officer
|
$227,608 | $9,102 | $236,710 |
| ALLISON E VESSELS | VP of HR/Resident Services | 40.0 |
Key Emp
|
$181,309 | $17,721 | $199,030 |
| KRISTIN J STATHERS | VP of Healthcare Services | 40.0 |
Key Emp
|
$154,734 | $2,624 | $157,358 |
| TIMOTHY S DAHLKE | Director of Facilities | 40.0 |
Key Emp
|
$156,216 | $5,437 | $161,653 |
| Anne Burris | VP of Marketing and Sales | 40.0 |
Highest
|
$165,733 | $15,721 | $181,454 |
| CANDISE G ELDRIDGE | Licensed Practical Nurse | 40.0 |
Highest
|
$147,652 | $2,942 | $150,594 |
| ERIC KIRKEENG | General Manager of Culinary Services | 40.0 |
Highest
|
$127,077 | $1,047 | $128,124 |
| Renee Brumagin | Director of Marketing | 40.0 |
Highest
|
$112,317 | $12,492 | $124,809 |
| Stephanie Stone | Director of Nursing | N/A |
Highest
|
$136,399 | $1,358 | $137,757 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $41,505,884 | $42,991,730 | $124,402,490 | $-1,485,846 |
| 2024 | $39,341,268 | $40,041,593 | $131,234,419 | $-700,325 |
| 2023 | $40,790,928 | $40,646,316 | $131,791,581 | $144,612 |
| 2022 | $36,716,865 | $39,004,328 | $135,166,146 | $-2,287,463 |
| 2021 | $33,077,118 | $35,454,523 | $137,193,397 | $-2,377,405 |
| 2020 | $30,165,424 | $32,378,283 | $143,877,398 | $-2,212,859 |
| 2019 | $28,128,831 | $33,061,946 | $143,625,335 | $-4,933,115 |
| 2018 | $24,274,947 | $28,349,675 | $112,397,128 | $-4,074,728 |
Compare Moravian Home Incorporated dba Salemtowne with other nonprofits in North Carolina and across the country.