MORAVIAN HOME INCORPORATED DBA SALEMTOWNE Charity Report

Public IRS 990 nonprofit record

MORAVIAN HOME INCORPORATED DBA SALEMTOWNE

EIN 56-0963926 · Human Services (P750)

What they do

Salemtowne is A Nonprofit Continuing Care Retirement Community That Promotes The Well-being of Its Residents By Providing A Caring Environment. Salemtowne is An Ecumenical Community That Reflects The Moravian Values of Individual Respect, Hospitality, Lifelong Learning, and Love of The Arts.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $56.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

58.89%of revenue went to mission work56.9% of expenses · Program services

2.33%of revenue went to fundraising2.2% of expenses

$103.58spent for every $100 of revenueSpending was higher than revenue this year.

42.36%of revenue went to management and office costs40.9% of expenses

$2.89in assets for every $1 spent this yearSome assets cannot be spent right away.

1.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,485,846 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $337,039 for MARK STEELE (PRESIDENT/CEO (OUTGOING)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$41,505,884

Mission workProgram services$24,441,50558.89% of revenue56.9% of expenses

ManagementOffice and general costs$17,583,00242.36% of revenue40.9% of expenses

FundraisingAsking for donations$967,2232.33% of revenue2.2% of expenses

Total expenses$42,991,730103.58% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 56.9% mission · 40.9% management · 2.2% fundraisingTotal expenses: 103.58% of revenue

2023Expense mix: 79.0% mission · 18.6% management · 2.5% fundraisingTotal expenses: 101.78% of revenue

2022Expense mix: 81.3% mission · 16.2% management · 2.5% fundraisingTotal expenses: 99.65% of revenue

2021Expense mix: 80.9% mission · 18.4% management · 0.7% fundraisingTotal expenses: 106.23% of revenue

2020Expense mix: 78.6% mission · 21.0% management · 0.3% fundraisingTotal expenses: 107.19% of revenue

2019Expense mix: 79.5% mission · 19.6% management · 0.9% fundraisingTotal expenses: 107.34% of revenue

2018Expense mix: 84.5% mission · 14.9% management · 0.6% fundraisingTotal expenses: 117.54% of revenue

2017Expense mix: 84.5% mission · 14.9% management · 0.6% fundraisingTotal expenses: 116.79% of revenue

Money in and money out

Revenue$41,505,884

Expenses$42,991,730

Annual shortfall $1,485,846 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$24,441,505 · 56.9% of expenses

Management and office costs$17,583,002 · 40.9% of expenses

Fundraising$967,223 · 2.2% of expenses

See all reported dollar amounts

Revenue$41,505,884

Expenses$42,991,730

Assets$124,402,490

Income$41,612,724

Contributions$711,617

Mission work (program services)$24,441,505

Fundraising$967,223

Grants given$1,470,678

Average grant$294,136

Management and general$17,583,002

Executive compensation (total)$575,717

Stocks and bonds$30,997,751

Accounting fees$139,736

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK STEELEPRESIDENT/CEO (OUTGOING) · 40 hrs/week $337,039Base $276,910 · Other $60,129

TRACY BEISECKERCFO · 40 hrs/week $236,710Base $227,608 · Other $9,102

ALLISON E VESSELSVP OF HR/RESIDENT SERVICES · 40 hrs/week $199,030Base $181,309 · Other $17,721

ANNE BURRISVP OF MARKETING AND SALES · 40 hrs/week $181,454Base $165,733 · Other $15,721

TIMOTHY S DAHLKEDIRECTOR OF FACILITIES · 40 hrs/week $161,653Base $156,216 · Other $5,437

KRISTIN J STATHERSVP OF HEALTHCARE SERVICES · 40 hrs/week $157,358Base $154,734 · Other $2,624

CANDISE G ELDRIDGELICENSED PRACTICAL NURSE · 40 hrs/week $150,594Base $147,652 · Other $2,942

STEPHANIE STONEDIRECTOR OF NURSING $137,757Base $136,399 · Other $1,358

PAUL E HARRISONPRESIDENT/CEO (INCOMING) · 40 hrs/week $132,922Base $126,363 · Other $6,559

ERIC KIRKEENGGENERAL MANAGER OF CULINARY SERVICES · 40 hrs/week $128,124Base $127,077 · Other $1,047

RENEE BRUMAGINDIRECTOR OF MARKETING · 40 hrs/week $124,809Base $112,317 · Other $12,492

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

MARK STEELEPRESIDENT/CEO (OUTGOING)

TRACY BEISECKERCFO

ALLISON E VESSELSVP OF HR/RESIDENT SERVICES

ANNE BURRISVP OF MARKETING AND SALES

TIMOTHY S DAHLKEDIRECTOR OF FACILITIES

KRISTIN J STATHERSVP OF HEALTHCARE SERVICES

CANDISE G ELDRIDGELICENSED PRACTICAL NURSE

STEPHANIE STONEDIRECTOR OF NURSING

PAUL E HARRISONPRESIDENT/CEO (INCOMING)

ERIC KIRKEENGGENERAL MANAGER OF CULINARY SERVICES

RENEE BRUMAGINDIRECTOR OF MARKETING

AIMEE SMITHBOARD MEMBER

TIM GARDNERBOARD MEMBER

TERRY WILLIAMSVICE CHAIR

SCOTT SOUTHERLANDBOARD MEMBER

RUSSELL ARMISTEADBOARD MEMBER

ROSE SIMONBOARD MEMBER

R PATRICK YEATTSBOARD MEMBER

MICHELLE COOKBOARD MEMBER

MARTY EDWARDSCHAIR

LESLEE BATTLEBOARD MEMBER

LARRY COLBOURNETREASURER

KEVIN OWENBOARD MEMBER

JOHN FERGUSONBOARD MEMBER

ELMS ALLENBOARD MEMBER

CORLIS SELLERS-DRUMMONDSECRETARY

CHRIS THOREBOARD MEMBER

About this charity

Recognized since: January 1971
Location: 1000 SALEMTOWNE DR, WINSTON SALEM, NC 27106-3294
County: Forsyth
In care of: Paul Harrison
Primary officer: Paul Harrison, CEO

How to reach them

WebsiteVisit the charity’s website Phone(336) 767-8130

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Human Services (P750)
IRS tax category: Nursing Care Facilities (Skilled Nursing Facilities)
Grant-giving organization: Yes