Program areas at Carol Woods Retirement Community
During The year, The organization provided housing, healthcare and other related services to senior residents through operation of a continuing care Retirement Community (ccrc) containing 315 independent living apartments/cottages, 59 assisted living accommodations, and a 60-bed health Center. Served an average of 600 seniors under life care arrangements, including an average of 91 living permanently in assisted living and The health Center. (continued on schedule o)additionally, The organization provided The following programs and services:- offered a ccrc without lodging program approved by The nc department of insurance. Served an average of 120 in The program over The course of The year. - continued proactive and intentional charitable care and Community benefit program, including: 1) made charitable gifts to orange county ($175,000), towns of Chapel Hill and carrboro ($105,000), and The local public schools ($30,000) to support vital services to seniors in The Community; and 2) made $694,152 in charitable gifts and financial support to other non-profit organizations pursuing missions similar to Carol Woods. - continued to provide in-kind benefits to The outside Community, including: 1) making available Carol Woods' campus and staff for a variety of educational and Community support purposes -- providing internships and other opportunities for students to learn of aging services opportunities in disciplines ranging from medical and nurse practitioner, to nursing, social work and certified nursing assistants; 2) donated building materials to The habitat restore and other items to The area thrift store.
Grants made by Carol Woods Retirement Community
Who funds Carol Woods Retirement Community
Grants from foundations and other nonprofits
Grantmaker | Grantmaker tax period | Description | Amount |
---|
The Carol Woods Charitable Fund | 2023-12 | Reimbursement for Charitable Expenses Including Resident Assistance, Employee Development and Gifted Garden Maintenance. | $80,647 |
Personnel at Carol Woods Retirement Community
Name | Title | Compensation | Date of data |
---|
Marianne Ratcliffe | President and Chief Executive Officer | $289,192 | 2024-04-24 |
Kenneth G Reeb | Vice President of Finance and Chief Financial Officer | $229,208 | 2023-12-31 |
Lizbeth Tomajko | Vice President of Human Resources | $129,052 | 2023-12-31 |
Jennifer Wilson | Vice President of Well - Being | $139,977 | 2023-12-31 |
Leah Adeniji | Vice President of Campus Services | $122,042 | 2022-12-31 |
...and 16 more key personnel |
Financials for Carol Woods Retirement Community
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $80,647 | $220,405 | -63.4% |
Program services | $31,580,115 | $30,186,058 | 4.6% |
Investment income and dividends | $1,564,619 | $1,685,926 | -7.2% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $163,500 | $145,800 | 12.1% |
Net gain from sale of non-inventory assets | $1,713,251 | $-288,752 | 693.3% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $35,102,132 | $31,949,437 | 9.9% |
Organizations like Carol Woods Retirement Community
Organization | Type | Location | Revenue |
---|
Masonic Homes of California | 501(c)(3) | San Francisco, CA | $37,487,890 |
The Givens Estates | 501(c)(3) | Asheville, NC | $71,456,797 |
University Retirement Community at Davis (URC) | 501(c)(3) | Davis, CA | $31,886,182 |
Hebrew Seniorlife | 501(c)(3) | Boston, MA | $14,582,927 |
Southminster | 501(c)(3) | Charlotte, NC | $51,247,846 |
Eventide | 501(c)(3) | Moorhead, MN | $66,542,586 |
Fox Run Orchard Park | 501(c)(3) | Orchard Park, NY | $22,551,973 |
Masonicare | 501(c)(3) | Wallingford, CT | $31,914,782 |
Fleet Landing | 501(c)(3) | Atlantic Beach, FL | $62,705,899 |
Orchard Cove | 501(c)(3) | Canton, MA | $25,002,883 |
Data update history
May 20, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsNursing homesHuman service organizationsRetirement homesHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Political advocacyLobbyingState / local levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
- Address
- 750 Weaver Dairy Rd
- Chapel Hill, NC 27514
- Metro area
- Durham-Chapel Hill, NC
- County
- Orange County, NC
- Website URL
- carolwoods.org/Â
- Phone
- (919) 968-4511
- Facebook page
- carolwoodsretirementcommunityÂ
IRS details
- EIN
- 23-7271041
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1972
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- P75: Senior Continuing Care Communities
- NAICS code, primary
- 62331: Assisted Living and Continuing Care Retirement Communities
- Parent/child status
- Central organization
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