Trinity Landing
5450 Trinity Landing Way, Wilmington, North Carolina 28409 · Community website
- Operator:
- Lutheran Retirement Center - Wilmington, Inc. (d/b/a Trinity Landing), managed by LSA Management, Inc.
- Ownership:
- Nonprofit
- Affiliation:
- Lutheran (North Carolina Evangelical Lutheran Church in America)
- Opened:
- 2022
Subsidiary of Lutheran Services for the Aging, Inc.; skilled nursing is provided by an affiliate, Lutheran Home-Wilmington, Inc. (Trinity Grove).
- Type C (fee for service)
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
Refund plans offered
- 90% Refund PlanNever less than 90% of the fee
- 50% Refund PlanNever less than 50% of the fee
- Limited Refund PlanCan decline to nothing
Days cash on hand
Read the note on this figure
Provider ratios cover the combined Wilmington campus (Trinity Landing, Trinity Grove nursing and the Wilmington property company), not the Trinity Landing balance sheet shown. The 248 days count $18.3M of cash and investments that includes the $3.3M statutory operating reserve; without the reserve the campus holds about $15.0M (≈203 days), and the Trinity Landing entity alone holds $12.6M of cash and investments. The LSA obligated group, jointly liable for the bonds, reported 408 days cash and 4.48x coverage for the same year (Table FS-2).
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.
- Type C (fee for service): Care is charged at market rates when you need it.
How the contract types compare
Type C (fee for service)
Fee-for-service: skilled nursing and memory care are at Trinity Grove, an affiliated 100-bed nursing facility about two miles away, at its published daily rates with no included days or discount. Residents get priority admission if a bed is available and keep paying the monthly fee until their residence is vacated.p. 167
- Assisted living
- No assisted living on campus; none disclosed
- Nursing care
- Trinity Grove daily rate (private room $332/day, shared $320, memory care private $341, shared $321) plus the Trinity Landing monthly fee until the residence is vacated
- Priority for a bed
- Yes, residents come before outside admissions
| Independent living | 208 |
|---|---|
| Assisted living | None on campus |
| Memory care | Not disclosed in the 2026 filing |
| Nursing care | 100 |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
Residency Agreement · Type C (fee for service) (39 prices, $165,961 to $859,999)
| Unit | Refund plan | Price, one person | Second person |
|---|---|---|---|
| Pamlico - 1 BR (Apartment) | Limited Refund Plan | $165,961 to $203,308p. 27 | $12,406 |
| Pamlico - 1 BR (Apartment) | 50% Refund Plan | $240,655 to $294,802p. 27 | $17,990 |
| Pamlico - 1 BR (Apartment) | 90% Refund Plan | $298,775 to $365,977p. 27 | $22,332 |
| Ocracoke - 1 BR / Den (Apartment) | Limited Refund Plan | $218,519 to $249,282p. 27 | $12,406 |
| Ocracoke - 1 BR / Den (Apartment) | 50% Refund Plan | $316,824 to $361,436p. 27 | $17,990 |
| Ocracoke - 1 BR / Den (Apartment) | 90% Refund Plan | $393,334 to $448,730p. 27 | $22,332 |
| Currituck - 2 BR (Apartment) | Limited Refund Plan | $274,596 to $286,856p. 27 | $12,406 |
| Currituck - 2 BR (Apartment) | 50% Refund Plan | $398,215 to $415,924p. 27 | $17,990 |
| Currituck - 2 BR (Apartment) | 90% Refund Plan | $494,250 to $516,386p. 27 | $22,332 |
| Roanoke - 2 BR Deluxe (Apartment) | Limited Refund Plan | $294,688 to $319,208p. 27 | $12,406 |
| Roanoke - 2 BR Deluxe (Apartment) | 50% Refund Plan | $427,275 to $462,806p. 27 | $17,990 |
| Roanoke - 2 BR Deluxe (Apartment) | 90% Refund Plan | $530,462 to $574,620p. 27 | $22,332 |
| Manteo - 2 BR / Den (Apartment) | Limited Refund Plan | $330,219 to $358,939p. 27 | $12,406 |
| Manteo - 2 BR / Den (Apartment) | 50% Refund Plan | $478,812 to $520,472p. 27 | $17,990 |
| Manteo - 2 BR / Den (Apartment) | 90% Refund Plan | $594,371 to $646,135p. 27 | $22,332 |
| Beaufort - 2 BR / Den Deluxe (Apartment) | Limited Refund Plan | $356,214 to $366,998p. 27 | $12,406 |
| Beaufort - 2 BR / Den Deluxe (Apartment) | 50% Refund Plan | $516,499 to $532,164p. 27 | $17,990 |
| Beaufort - 2 BR / Den Deluxe (Apartment) | 90% Refund Plan | $641,140 to $660,551p. 27 | $22,332 |
| Sealevel - 1 BR / Den (Villa) | Limited Refund Plan | $279,818 to $282,542p. 27 | $12,406 |
| Sealevel - 1 BR / Den (Villa) | 50% Refund Plan | $405,707 to $409,680p. 27 | $17,990 |
| Sealevel - 1 BR / Den (Villa) | 90% Refund Plan | $503,672 to $508,553p. 27 | $22,332 |
| Rodanthe - 2 BR (Villa) | Limited Refund Plan | $298,775 to $313,759p. 27 | $12,406 |
| Rodanthe - 2 BR (Villa) | 50% Refund Plan | $433,178 to $454,973p. 27 | $17,990 |
| Rodanthe - 2 BR (Villa) | 90% Refund Plan | $537,840 to $564,744p. 27 | $22,332 |
| Nags Head - 2 BR Deluxe (Villa) | Limited Refund Plan | $342,706 to $352,922p. 27 | $12,406 |
| Nags Head - 2 BR Deluxe (Villa) | 50% Refund Plan | $496,974 to $511,731p. 27 | $17,990 |
| Nags Head - 2 BR Deluxe (Villa) | 90% Refund Plan | $616,848 to $635,237p. 27 | $22,332 |
| Hatteras - 2 BR Sunrise (Villa) | Limited Refund Plan | $383,912 to $398,896p. 27 | $12,406 |
| Hatteras - 2 BR Sunrise (Villa) | 50% Refund Plan | $556,684 to $578,366p. 27 | $17,990 |
| Hatteras - 2 BR Sunrise (Villa) | 90% Refund Plan | $691,087 to $717,991p. 27 | $22,332 |
| Kitty Hawk - 2 BR / Den (Villa) | Limited Refund Plan | $394,696 to $410,248p. 27 | $12,406 |
| Kitty Hawk - 2 BR / Den (Villa) | 50% Refund Plan | $572,349 to $594,825p. 27 | $17,990 |
| Kitty Hawk - 2 BR / Den (Villa) | 90% Refund Plan | $710,499 to $738,424p. 27 | $22,332 |
| Southport - 2 BR / Den Deluxe (Villa) | Limited Refund Plan | $421,827 to $438,173p. 27 | $12,406 |
| Southport - 2 BR / Den Deluxe (Villa) | 50% Refund Plan | $611,626 to $635,351p. 27 | $17,990 |
| Southport - 2 BR / Den Deluxe (Villa) | 90% Refund Plan | $759,311 to $788,711p. 27 | $22,332 |
| Bald Head - 2 BR Sunrise / Den (Villa) | Limited Refund Plan | $473,249 to $477,790p. 27 | $12,406 |
| Bald Head - 2 BR Sunrise / Den (Villa) | 50% Refund Plan | $679,849 to $692,790p. 27 | $17,990 |
| Bald Head - 2 BR Sunrise / Den (Villa) | 90% Refund Plan | $843,880 to $859,999p. 27 | $22,332 |
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
Residency Agreement · Type C (fee for service) (22 prices, $3,656 to $6,377)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Pamlico - 1 BR | Independent living | $3,656p. 24 | $1,120 |
| Pamlico II - 1 BR | Independent living | $4,191p. 24 | $1,120 |
| Ocracoke - 1 BR / Den | Independent living | $4,405p. 24 | $1,120 |
| Ocracoke II - 1 BR / Den | Independent living | $4,698p. 24 | $1,120 |
| Ocracoke III - 1 BR / Den | Independent living | $4,781p. 24 | $1,120 |
| Currituck - 2 BR | Independent living | $5,058p. 24 | $1,120 |
| Currituck II - 2 BR | Independent living | $5,036p. 24 | $1,120 |
| Roanoke - 2 BR Deluxe | Independent living | $5,249p. 24 | $1,120 |
| Roanoke II - 2 BR Deluxe | Independent living | $5,314p. 24 | $1,120 |
| Roanoke III - 2 BR Deluxe | Independent living | $5,415p. 24 | $1,120 |
| Roanoke IV - 2 BR Deluxe | Independent living | $5,481p. 24 | $1,120 |
| Manteo - 2 BR / Den | Independent living | $5,574p. 24 | $1,120 |
| Manteo II - 2 BR / Den | Independent living | $5,703p. 25 | $1,120 |
| Beaufort - 2 BR / Den Deluxe | Independent living | $5,832p. 25 | $1,120 |
| Beaufort II - 2 BR / Den Deluxe | Independent living | $5,950p. 25 | $1,120 |
| Sealevel - 1 BR / Den (Villa) | Independent living | $4,708p. 25 | $1,120 |
| Rodanthe - 2 BR (Villa) | Independent living | $5,034p. 25 | $1,120 |
| Nags Head - 2 BR Deluxe (Villa) | Independent living | $5,560p. 25 | $1,120 |
| Hatteras - 2 BR Sunrise (Villa) | Independent living | $5,838p. 25 | $1,120 |
| Kitty Hawk - 2 BR / Den (Villa) | Independent living | $5,848p. 25 | $1,120 |
| Southport - 2 BR / Den Deluxe (Villa) | Independent living | $5,942p. 25 | $1,120 |
| Bald Head - 2 BR Sunrise / Den (Villa) | Independent living | $6,377p. 25 | $1,120 |
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2025 | Independent living | All units | 3% | Percent onlyp. 26 |
| 2024 | Independent living | All units | 7% | Percent onlyp. 26 |
| 2023 | Independent living | All units | 4% | Percent onlyp. 26 |
| 2022 | Independent living | All units | 3% | Percent onlyp. 26 |
| 2021 | Independent living | All units | 3% | Percent onlyp. 26 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
90% Refund Planp. 166
1% of the entrance fee is kept at move-in and the refund falls another 0.5% a month for 18 months, leaving 90% refundable. It is paid only after you vacate and your residence is reoccupied.
- Kept on move-in
- 1% of the fee
- Declines by
- 0.5% a month for 18 months
- Never less than
- 90% of the fee
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
50% Refund Planp. 166
2% of the entrance fee is kept at move-in and the refund falls another 1% a month for 48 months, leaving 50% refundable. It is paid only after you vacate and your residence is reoccupied.
- Kept on move-in
- 2% of the fee
- Declines by
- 1% a month for 48 months
- Never less than
- 50% of the fee
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Limited Refund Planp. 166
A 4% service fee is kept at move-in and the refund falls 2% a month; after 48 months nothing is refundable. Any balance is paid after the residence is reoccupied.
- Kept on move-in
- 4% of the fee
- Declines by
- 2% a month for 48 months
- Never less than
- Nothing: it can decline to zero
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Refund calculator
Estimated refund: $268,898 (90% of the fee)
When it is paid: when your unit is re-occupied and the new resident has paid. This applies the plan terms as recorded from the filing, counting a part month as a whole one. The signed contract governs, and charges you owe or care paid for from the fee can be deducted first.
How entrance-fee refunds work, and why the payment date matters
Finances
Whether the organisation behind the community has the cash and income to keep its promises for decades.
- Trinity Landing is part of Lutheran Services for the Aging, Inc. (Lutheran Services Carolinas) Obligated Group.
- Balance sheet: Lutheran Retirement Center - Wilmington, Inc. (Trinity Landing column of the LSA consolidating balance sheet).
- Ratios: Trinity Landing campus consolidated (Trinity Landing + Trinity Grove + Lutheran Home Wilmington Property), per Section 35.
Days cash on hand
248 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
2.10x 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 figuresProvider ratios cover the combined Wilmington campus (Trinity Landing, Trinity Grove nursing and the Wilmington property company), not the Trinity Landing balance sheet shown. The 248 days count $18.3M of cash and investments that includes the $3.3M statutory operating reserve; without the reserve the campus holds about $15.0M (≈203 days), and the Trinity Landing entity alone holds $12.6M of cash and investments. The LSA obligated group, jointly liable for the bonds, reported 408 days cash and 4.48x coverage for the same year (Table FS-2).
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. 97 | FY2024p. 2 | FY2023p. 2 |
|---|---|---|---|
| Days cash on hand | 248 days | 172 days | 431 days |
| Debt service coverage | 2.10x | 2.66x | 0.71x |
| Total assets | $135.2 million | Not disclosed | Not disclosed |
| Total liabilities | $136.6 million | Not disclosed | Not disclosed |
| Long-term debt | $75.6 million | Not disclosed | Not disclosed |
| Entrance fees not yet earned (deferred revenue) | $40.0 million | Not disclosed | Not disclosed |
| Refunds owed to residents (refundable fee liability) | $20.2 million | Not disclosed | Not disclosed |
| Net position (assets minus liabilities) | −$1.3 million | Not disclosed | Not disclosed |
Auditor: Forvis Mazars, LLP. Opinion: Unmodified (clean) opinionp. 97
Occupancy
Nursing care on campus
We have not linked this community’s nursing center to a CMS record. Nursing centers certified by Medicare can be looked up on CMS Care Compare.
In brief
Trinity Landing in Wilmington is a 208-unit independent living community (124 apartments, 84 villas) run by Lutheran Services Carolinas, open since 2022. Entrance fees run from about $166,000 to $860,000 depending on the residence and the refund plan (90%, 50% or declining to zero). Nursing care is at Trinity Grove, an affiliated facility about two miles away, at its daily rates.PDF
Nearest communities in North Carolina
- Carolina Bay at Autumn Hall
Wilmington · 6 miles away
Entrance fee: Not disclosed in the 2026 filing
- Wesley Pines Retirement Community
Lumberton · 73 miles away
Entrance fee: $82,564 to $191,397
- Scotia Village
Laurinburg · 101 miles away
Entrance fee: $54,000 to $444,000
Sources
- Trinity Landing — 2026 Disclosure StatementNorth Carolina Department of Insurance · filed 2026, fiscal 2025 finances · 184 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.