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EIN 56-1739542

Glenaire

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Colfax
State
North Carolina
Year formed
1991
Most recent tax filings
2023-09-01
NTEE code, primary
P75: Senior Continuing Care Communities
Description
Glenaire is a fully accredited, non-profit, continuing care retirement community located on 33 acres in the heart of Cary, North Carolina.
Related structure
Also known as...
Presbyterian Homes
Total revenues
$30,924,636
2023
Total expenses
$29,094,084
2023
Total assets
$324,324,719
2023
Num. employees
0
2023

Program areas at Glenaire

Glenaire Inc, provides residential, assisted living and nursing care for approximately 422 senior adult residents. Services include housekeeping, food service, medical and other support services in a continuing care community.

Who funds Glenaire

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Brightspire FoundationTo Provide Care for Senior Adults.$417,870
North Carolina Community Foundation (NCCF)Public & Societal Benefit$5,860

Personnel at Glenaire

NameTitleCompensation
Timothy WebsterAssistant Secretary and Chief Executive Officer$0
Julia HanoverVice President - Chief Financial Officer$0
Mark Joined BrightspireVice President and Director of Human Resources
Benjamin StevensExecutive Director$0
Hank LovvornVice President and Director of Operations
...and 16 more key personnel

Financials for Glenaire

RevenuesFYE 09/2023
Total grants, contributions, etc.$570,487
Program services$28,490,638
Investment income and dividends$1,585,032
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$98,238
Net gain from sale of non-inventory assets$122,975
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$57,266
Total revenues$30,924,636

Form 990s for Glenaire

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-08990View PDF
2021-092022-08-12990View PDF
2020-092021-05-05990View PDF
2019-092020-12-23990View PDF
...and 9 more Form 990s
Data update history
February 4, 2024
Received grants
Identified 1 new grant, including a grant for $5,860 from North Carolina Community Foundation (NCCF)
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 6, 2023
Updated personnel
Identified 5 new personnel
September 26, 2023
Used new vendors
Identified 1 new vendor, including
September 25, 2023
Received grants
Identified 1 new grant, including a grant for $417,870 from Brightspire Foundation
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesChapter / child organizationsCharities
Issues
Human services
Characteristics
State / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2109 Sandy Ridge Rd
Colfax, NC 27235
Metro area
Greensboro-High Point, NC
County
Guilford County, NC
Website URL
brightspire.org/glenaire/ 
Phone
(919) 460-8095
Facebook page
GlenaireCary 
IRS details
EIN
56-1739542
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1991
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
Child within group exemption
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