EIN 56-0562308

ThriveMore

IRS 501(c) type
501(c)(3)
Num. employees
654
Year formed
1952
Most recent tax filings
2023-09-01
Description
To providing quality care and meaningful way to life for residents and staff. A place where residents and staff become an extension of family that recognize the dignity and worth of each individual.
Also known as...
Baptist Retirement Homes of North Carolina Incorporated; Baptist Retirement Homes of North Carolina
Total revenues
$52,031,584
2023
Total expenses
$47,484,488
2023
Total assets
$136,825,376
2023
Num. employees
654
2023

Program areas at ThriveMore

Thrivemore is a not-for-profit corporation organized under the laws of the state of North Carolina. It is exempt from income tax under internal revenue code section 501[c][3] and a public charity under section 509[a][2]. The board of trustees of Thrivemore has fiduciary responsibility for the operation of Thrivemore. The mission of Thrivemore is to provide quality residential and health care living options and services to North Carolina's older adult population. The provision of those services being offered to the poor elderly of the state as well as those older persons who do have the financial resources available to pay for the institutional services they need. (continued on schedule o)in addition to its program of benevolent funding to the poor elderly of the state, Thrivemore also provides a special program designed to enhance the lifestyle of older adults with dementia related disorders like alzhemer's disease. Three such programs are operated by Thrivemore. Thrivemore owns, maintains, and operates communities throughout North Carolina. Its current communities include 262 independent living Homes and apartments, 138 assisted living residences, and 201 skilled nursing care rooms. Thrivemore receives support from individuals, businesses, foundations, churches, special offerings, and bequests from others to assist in the operation and administration of its communities.

Who funds ThriveMore

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Baptist Retirement Homes FoundationFund and Support Benevolent Ministry$1,838,824
Lettie Pate Whitehead FoundationFor the Care of Aged Women.$290,000
The Winston-Salem Foundation4 Grant(s) for Varying Purposes$10,151
...and 2 more grants received

Personnel at ThriveMore

NameTitleCompensation
Reed VanderslikChief Executive Officer$373,130
Michael J BradyChief Financial Officer
Jessica McCollumVice President of Operations$191,959
Jennifer BartschtVice President of Marketing$161,244
Richard SimpsonVice President of Clinical Services$127,919
...and 15 more key personnel

Financials for ThriveMore

RevenuesFYE 09/2023
Total grants, contributions, etc.$3,322,424
Program services$38,602,778
Investment income and dividends$542,314
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$41,409
Net gain from sale of non-inventory assets$9,319,257
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$203,402
Total revenues$52,031,584

Form 990s for ThriveMore

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-15990View PDF
2021-092022-08-15990View PDF
2020-092021-08-13990View PDF
2019-092020-09-15990View PDF
...and 10 more Form 990s
Data update history
September 22, 2024
Used new vendors
Identified 3 new vendors, including , , and
September 21, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $1,838,824 from Baptist Retirement Homes Foundation
September 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 30, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesHeadquarter / parent organizationsCharities
Issues
HealthHuman servicesDiseases and disorders
Characteristics
LobbyingState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
PO Box 11024
Winston Salem, NC 27116
Metro area
Winston-Salem, NC
County
Forsyth County, NC
Website URL
thrivemorenc.org/ 
Phone
(336) 759-1044
IRS details
EIN
56-0562308
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1952
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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