2024-02-14T14:55:51-06:00 2023-09-30 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-10-01 570342978 LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC LUTH 8037495122 300 MINISTRY DRIVE IRMO SC 29063 TINA D WHITE SEC/TREASURER AND CFO 8037495122 2024-02-14 1 TINA WHITE 999009999 1 AMY BIBBY P00445891 8282542254 2024-02-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TINA D WHITE 300 MINISTRY DRIVE IRMO SC 29063 4035659 0 X WWW.LUTHERANHOMESSC.ORG X 1892 SC TO SUPPORT THE MINISTRY OF LUTHERAN HOMES OF SOUTH CAROLINA, INC. 9 9 0 40 0 0 829041 621669 0 0 5052109 3402190 41114 3042 5922264 4026901 2077164 2010622 0 0 472263 483314 0 0 155393 87633 77265 2637060 2571201 3285204 1455700 47033372 48931503 153327 111433 46880045 48820070 X TO SUPPORT THE MINISTRY OF LUTHERAN HOMES OF SOUTH CAROLINA BY ENABLING DONORS, WHO CARE ABOUT OLDER ADULTS AND HOSPICE PATIENTS, TO ACHIEVE THEIR PHILANTHROPIC GOALS AND BY BEING A FAITHFUL STEWARD OF THEIR GIFTS. 0 0 501316 501316 RESIDENT GRANT PROGRAM THE FOUNDATION'S RESIDENT GRANT PROGRAM SUBSIDIZED THE CARE OF 20 OLDER RESIDENTS, HOSPICE PATIENTS AND BEWELL CLIENTS SERVED BY LUTHERAN HOMES OF SC, INC. WHO DID NOT HAVE THE RESOURCES TO PAY THE FULL COST OF THEIR CARE. 1219368 1219368 CAPITAL PURCHASE FUNDINGTHE FOUNDATION FUNDS CAPITAL PURCHASES FOR THE FIVE LUTHERAN HOMES OF SC, INC. COMMUNITIES, BEWELL HOME SERVICES AND LUTHERAN HOSPICE TO ENHANCE AND EXPAND THE SERVICES PROVIDED TO RESIDENTS, CLIENTS, AND HOSPICE PATIENTS. 276418 276418 CONTRIBUTIONSTHE FOUNDATION RECEIVES ALL CONTRIBUTIONS FOR THE VARIOUS MINISTRIES OF LUTHERAN HOMES OF SC, INC. AND IMMEDIATELY TRANSFERS UP TO $5,000 OF EACH UNRESTRICTED CONTRIBUTION TO THE DESIGNATED MINISTRY TO ENHANCE THE SERVICES AND QUALITY OF CARE PROVIDED TO RESIDENT OR HOSPICE PATIENTS. 250498 13520 9100 ADDITIONAL COSTS RELATED TO PROGRAM SUPPORT AND SALARIES 250498 13520 9100 2247600 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X TINA WHITE 8037495122 300 MINISTRY DRIVE IRMO SC 29063 JOHN BALLING BOARD MEMBER 1.00 X 0 0 0 SUSAN BOLAND CHAIR 1.00 X 0 0 0 MICHAEL W BOLIEK BOARD MEMBER 1.00 X 0 0 0 REV DR RICHARD R CAMPBELL SR SECRETARY 1.00 X 0 0 0 CF CARTER IV BOARD MEMBER 1.00 X 0 0 0 CAROLYN DONGES VICE CHAIR 1.00 X 0 0 0 TIM ROGERS BOARD MEMBER 1.00 X 0 0 0 JOHN THOMASON BOARD MEMBER 1.00 X 0 0 0 JUDITH WOOLY BOARD MEMBER 1.00 X 0 0 0 ERNEST BECK PRESIDENT AND CEO 40.00 X 177580 0 15337 TINA DEEDEE WHITE SEC/TREAS AND CFO 30.00 X 100582 0 8679 PARKE HORTON CFO - LHSC (THROUGH 06/30/23) 1.00 39.00 X 0 378815 36195 FRANK SHEPKE CEO -LHSC 1.00 39.00 X 0 582550 51312 CHARLES COLEMAN CFO - LHSC (BEG. 07/01/23) 1.00 39.00 X 0 124052 16667 278162 1085417 128190 2 0 1 0 0 16300 605369 12604 621669 1612084 1612084 7500 0 7500 7500 7500 1790106 0 1790106 1790106 1790106 2700 16300 8758 -6058 -6058 OTHER REVENUE 900099 1600 1600 1600 4026901 9100 0 3396132 2010622 2010622 278163 116607 115982 45574 140351 77398 9217 53736 64800 30039 19385 15376 5702 4194 1508 18535 9268 9267 102 102 8106 4053 4053 2088 1044 1044 4622 4622 DONOR CULTIVATION 23248 23248 MISCELLANEOUS EXPENSE 9537 8881 -931 1587 BANK CHARGES 5325 5325 2571201 2247600 168208 155393 951670 1309808 7746 7706 67574 50352 20141 17222 39327076 38375954 6726739 9220813 47033372 48931503 39600 44499 113727 66934 153327 111433 X 22157503 23574171 24722542 25245899 46880045 48820070 47033372 48931503 X 1455700 485296 -197185 196213 X X 0 1 X 1 0 X X 1 LUTHERAN HOMES OF SC 570327887 10 1 2010622 0 1 2010622 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37393545 12763 3665307 4939052 36132563 50709000 292251 -7085433 6522273 37393545 43092125 718270 8427542 1528937 50709000 43031439 18966 3132225 3090505 43092125 44109739 922147 -175497 1824950 43031439 0.38041 0.57957 0.04002 0 0 67574 50352 17222 17222 OTHER INVESTMENTS 38375954 F 38375954 INSURANCE POLICY 2023 DUE FROM AFFILIATE 9218790 9220813 DUE TO AFFILIATE 66934 66934 X PART X, LINE 2: 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, 2023. X X X X FRANKE GOLF TOURNAMENT 19000 16300 2700 424 5171 1690 1473 19000 16300 2700 424 5171 1690 1473 8758 -6058 1 LUTHERAN HOMES OF SOUTH CAROLINA INC 300 MINISTRY DRIVE IRMO SC 29063 570327887 509(A)(2) 2010622 0 OPERATIONAL GRANTS/CAPITAL CONTRIBUTIONS/SUBSIDIZED CARE 1 0 PART I, LINE 2: GRANTS TO LUTHERAN HOMES OF SOUTH CAROLINA, INC ARE MADE UPON RECEIPT OF DOCUMENTATION OF EXPENDITURES THAT HAVE BEEN MADE. X X 0 1 0 0 0 0 0 0 0 FRANK SHEPKE CEO -LHSC 0 473523 0 27563 0 81464 0 31406 0 19906 0 633862 0 78269 PARKE HORTON CFO - LHSC (THROUGH 06/30/23) 0 297567 0 17321 0 63927 0 26401 0 9794 0 415010 0 52715 ERNEST BECK PRESIDENT AND CEO 151376 0 22569 0 3635 0 15337 0 0 0 192917 0 0 0 PART I, LINE 4B TINA WHITE , ERNEST BECK, PARKE B HORTON, AND FRANK SHEPKE PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, A COPY OF THE CONFLICT OF INTEREST POLICY IS GIVEN TO EACH BOARD MEMBER AND OFFICER TO AFFIRM THERE ARE NO CONFLICTS OF INTEREST OR TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTIEE OF THE BOARD EVALUATES THE PERFORMANCE OF THE CEO, REVIEWS EXTERNAL COMPENSATION REPORTS AND DETERMINES THE SALARY OF THE CEO. THE CEO EVALUATES THE PERFORMANCE OF THE CFO, REVIEWS THE EXTERNAL COMPENSATION REPORT AND DETERMINES THE SALARY OF THE CFO. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS MADE AVAILABLE ON THE ORGANIZATION'S OWN WEBSITE AND TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 196,213. FORM 990 PART XII LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LUTHERAN HOMES OF SOUTH CAROLINA INC 300 MINISTRY DRIVE IRMO SC 29063 570327887 RESIDENTIAL, HEALTHCARE, HOSPICE SC 501(C)(3) LINE 10 0 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 LUTHERAN HOMES OF SOUTH CAROLINA INC - CONTRIBUTION TRANSFER B 276418 COST LUTHERAN HOMES OF SOUTH CAROLINA INC - CAPITAL PURCHASES P 1219368 COST LUTHERAN HOMES OF SOUTH CAROLINA INC - RESIDENT GRANTS P 501317 COST LUTHERAN HOMES OF SOUTH CAROLINA INC - OPERATIONAL GRANT P 13520 COST