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
Personnel at ThriveMore
Name | Title | Compensation | Date of data |
---|
Reed Vanderslik | Chief Executive Officer | $373,130 | 2023-09-30 |
Michael J Brady | Chief Financial Officer | | 2024-08-15 |
Jessica McCollum | Vice President of Operations | $191,959 | 2023-09-30 |
Jennifer Bartscht | Vice President of Marketing | $161,244 | 2023-09-30 |
Richard Simpson | Vice President of Clinical Services | $127,919 | 2022-09-30 |
...and 15 more key personnel |
Financials for ThriveMore
Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
---|
Total grants, contributions, etc. | $3,322,424 | $1,419,598 | 134% |
Program services | $38,602,778 | $34,663,957 | 11.4% |
Investment income and dividends | $542,314 | $1,803,500 | -69.9% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $41,409 | $47,123 | -12.1% |
Net gain from sale of non-inventory assets | $9,319,257 | $1,203,039 | 674.6% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $203,402 | $450,055 | -54.8% |
Total revenues | $52,031,584 | $39,587,272 | 31.4% |
Organizations like ThriveMore
Organization | Type | Location | Revenue |
---|
Mercy Retirement and Care Center | 501(c)(3) | Alameda, CA | $24,709,366 |
Menno Haven | 501(c)(3) | Chambersburg, PA | $57,402,967 |
Brethren Village Retirement Community | 501(c)(3) | Lititz, PA | $53,177,378 |
Pinnacle Living (VUMH) | 501(c)(3) | Glen Allen, VA | $93,876,733 |
Masonic Homes of California | 501(c)(3) | San Francisco, CA | $110,751,854 |
Landis Homes | 501(c)(3) | Lititz, PA | $53,070,221 |
The Village at Rockville | 501(c)(3) | Frederick, MD | $37,956,141 |
Riverview Retirement Community / Riverview Lutheran Retirement Community of Spokane | 501(c)(3) | Spokane, WA | $15,448,872 |
Graceworks Lutheran Services | 501(c)(3) | Dayton, OH | $57,318,116 |
Hebrew Seniorlife | 501(c)(3) | Boston, MA | $30,511,901 |
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 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/Â
- 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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