nonprofit logo

Baptist Retirement Homes Of North Carolina Incorporated

Thrivemore

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560562308 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

Overview

What is Baptist Retirement Homes Of North Carolina Incorporated?

Baptist Retirement Homes of North Carolina Incorporated, also known as Thrivemore, is a not-for-profit organization based in Winston-Salem, North Carolina. They operate under the laws of the state of North Carolina and have tax-exempt status under Internal Revenue Code sections 501(c)(3) and 509(a)(2). Thrivemore's mission is to provide quality residential and healthcare living options to North Carolina's older adult population. They cater to both the financially disadvantaged elderly and those who can afford institutional services. Thrivemore's programs include a special initiative to enhance the lifestyle of older adults with dementia-related disorders such as Alzheimer's disease. They own, maintain, and operate communities throughout North Carolina, with current offerings of 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 to help operate and administer its communities. Thrivemore aims to create an environment where residents and staff become an extension of family, recognizing the dignity and worth of each individual.


Official website here: www.thrivemorenc.org

Is Baptist Retirement Homes Of North Carolina Incorporated legitimate?

Baptist Retirement Homes Of North Carolina Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Retirement Homes Of North Carolina Incorporated 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: $686,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,043,463

For more financial information, click here


Official website here: www.thrivemorenc.org

What is the mission statement of Baptist Retirement Homes Of North Carolina Incorporated?

Baptist Retirement Homes of North Carolina Incorporated, also known as ThriveMore, is a North Carolina-based not-for-profit organization with a mission to provide quality living options and services to the older adult population. The organization, under the laws of the State of North Carolina and exempt from income tax under Internal Revenue Code Section 501[C][3] and a public charity under Section 509[A][2], is committed to recognizing the dignity and worth of each individual. ThriveMore offers a range of residential and healthcare living options catering to both the financially disadvantaged and those who can afford the services. The organization also runs programs specifically designed to enhance the lifestyle of older adults with dementia-related disorders, such as Alzheimer's disease. ThriveMore owns, maintains, and operates various communities across North Carolina, including 262 independent living homes and apartments, 138 assisted living residences, and 201 skilled nursing care rooms. The organization receives support from various sources to assist in the operation and administration of its communities.


Official website here: www.thrivemorenc.org

Who is the CEO of Baptist Retirement Homes Of North Carolina Incorporated?

Reed A Vanderslik is the Board Chair of Baptist Retirement Homes Of North Carolina Incorporated. The CEO's salary of Baptist Retirement Homes Of North Carolina Incorporated is $340,955 and their total compensation is $376,158.


Official website here: www.thrivemorenc.org

What is the revenue of Baptist Retirement Homes Of North Carolina Incorporated?

Baptist Retirement Homes Of North Carolina Incorporated's revenue in 2022 was $39,587,272.


Official website here: www.thrivemorenc.org

Who are the executives of Baptist Retirement Homes Of North Carolina Incorporated and what are their salaries?

The average compensation at Baptist Retirement Homes Of North Carolina Incorporated during 2022 was $23,196. There are 635 employees and 400 volunteers at Baptist Retirement Homes Of North Carolina Incorporated.

Here are 29 key members and their salaries (Baptist Retirement Homes Of North Carolina Incorporated's CEO's salary is $340,955 and their total compensation is $376,158):

    Reed Vanderslik (Ceo)
  • Compensation: $340,955
  • Related: $0
  • Other: $35,203

    • Debra Meginnis (Former Coo)
  • Compensation: $354,349
  • Related: $0
  • Other: $0

    • Scott Farkas (Cfo)
  • Compensation: $184,312
  • Related: $0
  • Other: $17,608

    • William Meginnis (Construction Services)
  • Compensation: $174,337
  • Related: $0
  • Other: $11,135

    • Jessica Mccollus (Vp Of Operations)
  • Compensation: $160,945
  • Related: $0
  • Other: $15,443

    • Richard Simpson (Vp Of Clinical Services)
  • Compensation: $127,919
  • Related: $0
  • Other: $31,828

    • Jennifer Bartscht (Vp Of Marketing)
  • Compensation: $124,339
  • Related: $0
  • Other: $11,757

    • Tatum Myers (Administrator)
  • Compensation: $130,205
  • Related: $0
  • Other: $3,715

    • Betty Jackson (Administrator)
  • Compensation: $111,767
  • Related: $0
  • Other: $3,778

    • Clarence R Lambe Jr (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Rice (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev A Edward Beddingfield Jr (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby F Watson (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sobeida Adolphus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Blanford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey L Cobb (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn D Helms (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Horne (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Lynne Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Nathaniel Leonard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Lowe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles D Mast (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Mayo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James L Mccoy Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Morgan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Pond (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda J Rose (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Michael R Taylor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Franklin S Watkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thrivemorenc.org

    Where can I find the form 990 for Baptist Retirement Homes Of North Carolina Incorporated?

    The Baptist Retirement Homes Of North Carolina Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thrivemorenc.org

    Learn more at the official website: www.thrivemorenc.org

    Mission Statement of Baptist Retirement Homes Of North Carolina Incorporated

    Baptist Retirement Homes of North Carolina Incorporated, also known as Thrivemore, is a North Carolina-based not-for-profit organization dedicated to providing quality living options and services to the older adult population. Thrivemore's mission is to create an environment where residents and staff become an extension of family, recognizing the dignity and worth of each individual. The organization is exempt from income tax under Internal Revenue Code Section 501(c)(3) and classified as a public charity under Section 509(a)(2).

    The Board of Trustees of Thrivemore holds the responsibility for the operation of the organization. Thrivemore's primary goal is to offer quality residential and healthcare living options for older adults in North Carolina, serving both the financially disadvantaged elderly and those who can afford the necessary institutional services. In addition to its benevolent funding to the poor elderly, Thrivemore operates special programs designed to enhance the lifestyle of older adults with dementia-related disorders such as Alzheimer's disease. The organization currently manages over 600 living spaces, consisting of independent living homes and apartments, assisted living residences, and skilled nursing care rooms. Thrivemore's support comes from individuals, businesses, foundations, churches, special offerings, and bequests from various sources to help in the operation and administration of its communities.

    Impact

    This information is meant to be a general summary of Baptist Retirement Homes Of North Carolina Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Baptist Retirement Homes of North Carolina Incorporated, operating under the name Thrivemore, has a significant impact on North Carolina's older adult population by providing quality residential and healthcare living options and services. The organization's mission focuses on offering these services to both financially stable older adults and those in need, including the poor elderly in the state.

    Thrivemore owns, maintains, and operates various communities throughout North Carolina, including independent living homes and apartments, assisted living residences, and skilled nursing care rooms. Additionally, the organization runs specialized programs to enhance the lifestyle of older adults with dementia-related disorders like Alzheimer's disease.

    By receiving support from individuals, businesses, foundations, churches, and other sources, Thrivemore can continue its operations and administration of communities, ensuring that older adults in North Carolina have access to quality care and a meaningful way of life. Overall, Thrivemore functions as a compassionate, church-related nonprofit organization committed to recognizing the dignity and worth of each individual within its care.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,006,539
  • Program Service Revenue: $34,663,957
  • Gross Receipts: $39,587,272

    • Assets and Liabilities:
  • Total Assets: $87,897,234
  • Total Liabilities: $55,074,557
  • Net Assets: $32,822,677
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RESIDENT SERVICES

    Revenue

    $34,663,957

    Organization Details

    Founding Year

    1952

    Principal Officer

    Reed A Vanderslik

    Main Address

    PO BOX 11024, WINSTON SALEM, NC, 27116

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Baptist Retirement Homes Of North Carolina Incorporated 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.