Overview
What is The Chapel Hill Residential Retirement Center Inc?
The Chapel Hill Residential Retirement Center Inc, also known as Carol Woods Retirement Community, is a charitable, not-for-profit organization based in Chapel Hill, North Carolina. They operate a Continuing Care Retirement Community (CCRC) with 315 independent living apartments/cottages, 59 assisted living accommodations, and a 60-bed healthcare center. This community serves approximately 600 seniors under life care arrangements, including 86 living permanently in assisted living and the healthcare center. The organization offers a CCRC without lodging program approved by the Department of Insurance, serving an average of 104 seniors per year. Carol Woods is dedicated to providing a safe, healthy, and secure environment for older adults, focusing on their housing, health, well-being, and financial security. The mission includes cooperative research, development, and education in related areas. They provide charitable assistance to residents in need, donate funds to local organizations, and offer in-kind benefits to the community through educational opportunities and material donations. The total workforce comprises 447 employees.
Official website here: www.carolwoods.org
Is The Chapel Hill Residential Retirement Center Inc legitimate?
The Chapel Hill Residential Retirement Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chapel Hill Residential Retirement Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,673,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,586,940
For more financial information, click here
Official website here: www.carolwoods.org
What is the mission statement of The Chapel Hill Residential Retirement Center Inc?
The Chapel Hill Residential Retirement Center Inc is a charitable organization dedicated to meeting the needs of older adults. Its mission is to provide a safe, healthy, and secure environment for seniors, focusing on their housing, health, well-being, and financial security. The center aims to promote residents' ongoing health and well-being with appropriate resources and encourages their leadership, participation, and service to the community. Additionally, the organization values high-quality residential living and healthcare services tailored to individual needs. It fosters a positive work experience for staff, facilitating their development and embodying the organization's values.
Official website here: www.carolwoods.org
Who is the CEO of The Chapel Hill Residential Retirement Center Inc?
Marianne Ratcliffe is the Vice Chair Of The Board of The Chapel Hill Residential Retirement Center Inc. The CEO's salary of The Chapel Hill Residential Retirement Center Inc is $279,662 and their total compensation is $301,574.
Official website here: www.carolwoods.org
What is the revenue of The Chapel Hill Residential Retirement Center Inc?
The Chapel Hill Residential Retirement Center Inc's revenue in 2022 was $31,949,437.
Official website here: www.carolwoods.org
Who are the executives of The Chapel Hill Residential Retirement Center Inc and what are their salaries?
The average compensation at The Chapel Hill Residential Retirement Center Inc during 2022 was $31,902. There are 447 employees at The Chapel Hill Residential Retirement Center Inc.
Here are 26 key members and their salaries (The Chapel Hill Residential Retirement Center Inc's CEO's salary is $279,662 and their total compensation is $301,574):
- Marianne Ratcliffe (President & Ceo)
- Kenneth G Reeb Jr (Vp Of Finance / Cfo)
- Jennifer Wilson (Vp Of Well-Being)
- Lizbeth Tomajko (Vp Of Hr)
- Nicole Cooper (Vp Of Compliance)
- Melanie Johnson (Director Of Nursing)
- Leah Adeniji (Vp Of Campus Services)
- Craig Anderson (Rehabilitation Coordinator)
- Jess Aylor (Vice Chair Of The Board) [Trustee/Director]
- Delores Baily (Board Member) [Trustee/Director]
- Bill Blackman (Board Member) [Trustee/Director]
- Richard Blankenship (Chair Of The Board) [Trustee/Director]
- Carol Candler (Resident/Nonvoting Board Member) [Trustee/Director]
- Stephen Elkins-Williams (Board Member) [Trustee/Director]
- Jack Evans (Board Member) [Trustee/Director]
- Anne Fishel (Resident/Nonvoting Board Member) [Trustee/Director]
- Audrey Galloway (Secretary Of The Board) [Trustee/Director]
- Josh Gurlitz (Board Member) [Trustee/Director]
- Charles House (Board Member) [Trustee/Director]
- Mel Hurston (Board Member) [Trustee/Director]
- Larry Mcmanus (Treasurer Of The Board) [Trustee/Director]
- Brenda Mitchell (Board Member) [Trustee/Director]
- Mark Royster (Board Member) [Trustee/Director]
- Adam Stein (Resident/Voting Board Mem) [Trustee/Director]
- Marian Stephenson (Resident/Voting Board Mem) [Trustee/Director]
- Crystal Torain (Board Member) [Trustee/Director]
Official website here: www.carolwoods.org
Where can I find the form 990 for The Chapel Hill Residential Retirement Center Inc?
The The Chapel Hill Residential Retirement Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.carolwoods.org
Learn more at the official website: www.carolwoods.org
Mission Statement of The Chapel Hill Residential Retirement Center Inc
The Chapel Hill Residential Retirement Center Inc is a charitable organization dedicated to meeting the needs of older adults in terms of housing, health, well-being, and financial security. Its mission is to provide a safe, healthy, and secure environment for seniors throughout their later years. This includes offering high-quality residential living and healthcare services tailored to each resident's individual needs. The organization supports residents in maintaining and promoting their health and well-being through the provision of appropriate resources.
Carol Woods, as the organization is called, encourages diversity and values residents' leadership and participation. It fosters a high-quality work experience for staff and facilitates staff development that embodies the organization's values. The mission of Carol Woods extends beyond the provision of essential services to older adults. It also includes cooperative research, development, and education in areas related to the mission. By doing so, the organization strives to make a positive impact on the lives of its residents and the broader community.
Impact
This information is meant to be a general summary of The Chapel Hill Residential Retirement Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of The Chapel Hill Residential Retirement Center Inc is significant in providing housing, healthcare, and other services to seniors. They have served an average of 600 seniors under life care arrangements, including those living permanently in assisted living and the health center. Additionally, they have provided financial assistance to residents in need, made charitable gifts to the local community, and supported other nonprofit organizations pursuing similar missions.
Furthermore, The Chapel Hill Residential Retirement Center Inc has contributed to the community by offering in-kind benefits, such as providing educational opportunities for students to learn about aging services and donating items to thrift stores. Their mission focuses on meeting the needs of older adults for housing, health, well-being, and financial security, and they strive to create a safe and secure environment for individuals in their later years. Through their services and programs, they aim to promote diversity, resident leadership, community service, and staff development.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT CHARGES
Revenue
$26,048,932
HEALTH CENTER - CHRRC
Revenue
$3,875,057
GUESTS' MEALS AND LODGING
Revenue
$162,879
Organization Details
Founding Year
1972
Phone
(919) 968-4511
Principal Officer
Marianne Ratcliffe
Main Address
750 WEAVER DAIRY ROAD, CHAPEL HILL, NC, 27514
Website
www.carolwoods.org
NTEE Category
Code: L220 - Housing
If you are a representative of The Chapel Hill Residential Retirement Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.