Trinity Elms
7543 Fair Oaks Drive, Clemmons, North Carolina 27012 · Community website
- Operator:
- Lutheran Retirement Center – Clemmons, Inc. (d/b/a Trinity Elms), managed by LSA Management, Inc. for Lutheran Services for the Aging, Inc. (Lutheran Services Carolinas)
- Ownership:
- Nonprofit
- Affiliation:
- Lutheran (North Carolina Synod, ELCA)
- Opened:
- 2021
The CCRC license covers three affiliated corporations: the rental independent living provider, LSA Elms at Tanglewood (assisted living) and Lutheran Home – Forsyth County (health and rehab).
- Rental
Figures from the 2026 disclosure statement (fiscal 2025 finances), filed with the North Carolina Department of Insurance.PDF
At a glance
Entrance fee, one person, every plan
Monthly fee, independent living
Refund plans offered
Days cash on hand
Read the note on this figure
The statement does not say which entities the FS-1 ratios cover or whether they come from the audit. The LSA obligated group, which owes the bonds, reports 408 days and 4.48x coverage for FY2025 (FS-2, p2).
Independent living occupancy
Nursing care, CMS overall rating
What care costs later
How each contract prices assisted living and nursing if you need them. The contract type decides most of what a long stay costs.
- Rental: No entrance fee and no promise of future care.
How the contract types compare
RentalThe filing calls it Type D, rental facility; we class contracts by how care is priced (our definitions).
Independent living residents get priority access to Trinity Elms assisted living and health and rehab, if a bed is available, and pay the published per diem rates there; the independent living rent continues until the apartment is vacated. The agreement states it is not a life-care contract.p. 20
- Assisted living
- Published per diem rate at Trinity Elms assisted living: 2026 private pay $193 a day private room, $165 semi-private, $232 private memory support, $212 semi-private memory support.
- Nursing care
- Published per diem rate at Trinity Elms health and rehab: 2026 private pay $365 a day for a private room.
- Priority for a bed
- Yes, residents come before outside admissions
| Independent living | 54 |
|---|---|
| Assisted living | 74 |
| Memory care | 30 |
| Nursing care | 100 |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
The 2026 filing lists no entrance-fee schedule. What it says about the contracts:
Rental only: a residency agreement with no entrance fee, a security deposit of one month's rent (largely non-refundable in the first 13 months) and a $400 non-refundable administrative fee. Residents get priority access to on-site assisted living and nursing at published per diem rates; the agreement says it is not a life-care contract.PDF
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
Residency Agreement (rental) · Rental (5 prices, $2,070 to $2,740)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| One Bedroom Pine | Independent living | $2,070p. 114 | Not listed |
| One Bedroom Birch | Independent living | $2,253p. 114 | Not listed |
| One Bedroom Hickory | Independent living | $2,253p. 114 | Not listed |
| One Bedroom Oak | Independent living | $2,556p. 114 | Not listed |
| Two Bedroom Dogwood | Independent living | $2,740p. 114 | Not listed |
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2025 | Independent living | All units | 4% | Percent onlyp. 20 |
| 2024 | Independent living | All units | 5% | Percent onlyp. 20 |
| 2023 | Independent living | All units | 5% | Percent onlyp. 20 |
| 2022 | Independent living | All units | 3% | Percent onlyp. 20 |
| 2021 | Independent living | All units | 3% | Percent onlyp. 20 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
No entrance-fee refund plan: residents rent.
Finances
Whether the organisation behind the community has the cash and income to keep its promises for decades.
- Trinity Elms is part of Lutheran Services for the Aging, Inc. (Lutheran Services Carolinas) obligated group.
- Balance sheet: Total Trinity Elms: a combined column of the Lutheran Services for the Aging consolidating balance sheet that the statement defines as the sum of Luther Homes Forsyth County, LSA Elms Property, Trinity Elms H&R, Trinity Elms IL Clemmons and Trinity Elms AL Clemmons (not the independent living provider alone).
- Ratios: 'Lutheran Services Carolinas Retirement Center – Clemmons, Inc.' as headed on Table FS-1 (the LSA obligated group's ratios are in Table FS-2).
- Ratios are interim figures, unaudited.
Days cash on hand
368 days FY2025p. 2
- Its lenders’ minimum: Not disclosed in the 2026 filing
- Industry median: 321 days Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Debt service coverage
1.87x FY2025p. 2
- Its lenders’ minimum: Not disclosed in the 2026 filing
- Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Read with these figuresThe statement does not say which entities the FS-1 ratios cover or whether they come from the audit. The LSA obligated group, which owes the bonds, reports 408 days and 4.48x coverage for FY2025 (FS-2, p2).
How to read these figures: what each one measures and why a lender’s minimum is a floor, not a target.
Balance sheet and trend
| Fiscal year | FY2025p. 79 | FY2024p. 2 | FY2023p. 2 |
|---|---|---|---|
| Days cash on hand | 368 days | 341 days | 352 days |
| Debt service coverage | 1.87x | 2.66x | 2.24x |
| Total assets | $49.4 million | Not disclosed | Not disclosed |
| Total liabilities | $28.5 million | Not disclosed | Not disclosed |
| Long-term debt | $27.1 million | Not disclosed | Not disclosed |
| Entrance fees not yet earned (deferred revenue) | Not disclosed | Not disclosed | Not disclosed |
| Refunds owed to residents (refundable fee liability) | $156,218 | Not disclosed | Not disclosed |
| Net position (assets minus liabilities) | $20.9 million | Not disclosed | Not disclosed |
Auditor: Forvis Mazars, LLP. Opinion: Unmodified (clean) opinionp. 79
Occupancy
Nursing care on campus
From CMS Care Compare, data as of 2026-09-01. These are the federal government’s ratings of the nursing center, not ours.
- Overall
- 2 of 5
- Health inspections
- 3 of 5
- Staffing
- 4 of 5
- Quality measures
- 1 of 5
Fines recorded by CMS: 2 totalling $15,646. Health citations since 2023-10-16: 12. Trinity Elms on Care Compare
In brief
Trinity Elms in Clemmons, NC is a nonprofit Lutheran Services Carolinas continuing care retirement community combining a 54-apartment rental independent living building with 104 licensed assisted living beds (30 for memory care) and a 100-bed health and rehab center. There is no entrance fee: 2026 rents run $2,070-$2,740 a month, and residents get priority access to assisted living and nursing at published per diem rates.PDF
Nearest communities in North Carolina
- Arbor Acres
Winston-Salem · 10 miles away
Entrance fee: $54,000 to $689,000
- Brookridge Retirement Community
Winston-Salem · 11 miles away
Entrance fee: $54,700 to $475,000
- Salemtowne
Winston-Salem · 11 miles away
Entrance fee: $93,800 to $675,100
Sources
- Trinity Elms — 2026 Disclosure StatementNorth Carolina Department of Insurance · filed 2026, fiscal 2025 finances · 149 pages · retrieved 2026-10-15
Each page tab above opens this PDF at the page the figure came from. Spotted a figure that does not match its page? Tell us and it is checked against the filing.