Nonprofit · EIN 20-3895886
LUTHERAN SERVICES PROPERTY INC
Tax-exempt · SALISBURY, NC 28145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $164,753 | $139,999 | $24,754 | $2,967,097 | $804,208 | $2,162,889 |
| September 30, 2024 | 990 | $145,578 | $126,726 | $18,852 | $2,914,104 | $804,071 | $2,110,033 |
| September 30, 2023 | 990 | $143,941 | $125,351 | $18,590 | $2,852,896 | $808,459 | $2,044,437 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $153,000
- Investment income
- $11,753
- Net gain from sales of assets
- $3,347
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Occupancy
- $12,647
- Depreciation
- $110,519
- Program services (functional)
- $138,194
- Management and general (functional)
- $1,805
Balance sheet and other
- Total assets, start of year
- $2,914,104
- Total assets, end of year
- $2,967,097
- Total liabilities, end of year
- $804,208
- Net assets, end of year
- $2,162,889
- Land, buildings and equipment
- $1,868,773
- Publicly traded securities
- $326,942
- Net assets without donor restrictions
- $2,162,889
- Gross receipts
- $164,753
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TED GOINS | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $430,398 | $36,615 |
| KIRBY NICKERSON | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $310,130 | $26,824 |
| KESHA SMITH | CHIEF OPERATING OFFICER Key employee | 1 | $0 | $308,014 | $15,106 |
| KAREN MADDRY | SECRETARY Officer | 1 | $0 | $86,227 | $8,636 |
| DOUG NELSON | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD HERMAN | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Ted Goins | President/CEO Trustee or director, Officer | 1 | $0 | $416,053 | $13,158 |
| Kirby Nickerson | Chief Financial Officer Officer | 1 | $0 | $286,055 | $15,848 |
| Kesha Smith | Chief Operating Officer Key employee | 1 | $0 | $280,725 | $14,715 |
| Karen Maddry | Secretary Officer | 1 | $0 | $84,479 | $10,047 |
| Cary M Grant | Vice Chair Trustee or director | 1 | $0 | $0 | $0 |
| Gregory Hudgins | Chair Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TED GOINS | CEO/PRESIDENT Trustee or director, Officer | 1 | $0 | $381,871 | $12,195 |
| KESHA SMITH | CHIEF OPERATING OFFICER Key employee | 1 | $0 | $261,157 | $15,443 |
| KIRBY NICKERSON | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $259,279 | $15,649 |
| KAREN MADDRY | SECRETARY Officer | 1 | $0 | $81,554 | $8,083 |
| GREGORY HUDGINS | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CARY M GRANT | VICE 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 28145
- Signed the 990
- TED GOINS, PRESIDENT / CEO
- Phone
- (704) 637-2870
- Website
- WWW.LSCAROLINAS.NET
- Return prepared by
- FORVIS MAZARS LLP
Mission
SEE SCHEDULE O
Program accomplishments
- LUTHERAN SERVICE PROPERTY, INC. OWNS THE LAND AND BUILDING LOCATED AT 1416 S. MARTIN LUTHER KING, JR. AVENUE AND 320 CALHOUN STREET IN SALISBURY, NC. THE CORPORATION LEASES THE BUILDING TO THE FOLLOWING ENTITIES: LSA MANAGEMENT, INC., LSA PHARMACY, INC. AND ABUNDANT LIVING ADULT DAY SERVICES, INC. THESE ENTITIES PROVIDE VARIOUS SUPPORT SERVICES TO AFFILIATES, PHARMACY SERVICES TO THE LUTHERAN HOMES AFFILIATES, AND ADULT DAY SERVICES TO PEOPLE OF ALL FAITHS AND ECONOMIC STATUS. AS LESSOR, LUTHERAN SERVICES PROPERTY, INC. CHARGES REASONABLE LEASE RATES TO ITS AFFILIATED LESSEES, THE ONLY TENANTS, IN AMOUNTS SUFFICIENT TO PROVIDE ON-GOING UPKEEP OF THE FACILITY.Expenses $138,194 · revenue $153,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 20-3895886
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1988
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Group exemption
- 9386: EVANGELICAL LUTHERAN CHURCH IN AMERICA
- Assets (IRS master file)
- $2,967,097
- Income (IRS master file)
- $164,753
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $164,753 | $139,999 | $2,967,097 | XML |
| 990 | September 2024 | $145,578 | $126,726 | $2,914,104 | XML |
| 990 | September 2023 | $143,941 | $125,351 | $2,852,896 | XML |
| 990 | September 2022 | $144,098 | $126,130 | $2,790,363 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 20-3895886).
Questions about LUTHERAN SERVICES PROPERTY INC
- What is the EIN of LUTHERAN SERVICES PROPERTY INC?
- The employer identification number (EIN) of LUTHERAN SERVICES PROPERTY INC is 20-3895886.
- Is LUTHERAN SERVICES PROPERTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Which annual return does LUTHERAN SERVICES PROPERTY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LUTHERAN SERVICES PROPERTY INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LUTHERAN SERVICES 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 SERVICES PROPERTY INC?
- The 990 for the year ended September 30, 2025 names TED GOINS.
- Who are the officers and directors of LUTHERAN SERVICES PROPERTY INC?
- The 990 for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LUTHERAN SERVICES PROPERTY INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $164,753, expenses of $139,999 and total assets of $2,967,097 at year end.
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