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Penick Village Inc

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

EIN: 560729010 ✦ Southern pines, NC ✦ Designated as a 501(c)(3)

Overview

What is Penick Village Inc?

Penick Village Inc is a nonprofit organization based in Southern Pines, North Carolina, with a community of over 230 residents. They provide housing, services, and long-term care in independent living, assisted living, and skilled nursing areas. Penick Village is deeply involved in the local community of Moore County, contributing time and resources to various organizations, including the Moore County Chamber of Commerce, hospitals, and schools. The organization prioritizes personalized care, with skilled nursing services tailored to residents' needs and a strong partnership between the resident, their family, and the Penick Village staff. Penick Village also offers in-home services for those preferring to age in place. Dining services are an essential aspect of Penick Village, providing a wonderful dining experience for residents and their families, with several dining opportunities and individualized menus. Housekeeping services provide general cleaning and linen services, building strong relationships with residents. As a faith-based nonprofit, Penick Village's mission is to cultivate a friendly and safe community where residents can focus on their wellness and relationships while living life to its fullest potential.


Official website here: www.penickvillage.org

Is Penick Village Inc legitimate?

Penick Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penick Village 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: $131,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,003,300

For more financial information, click here


Official website here: www.penickvillage.org

What is the mission statement of Penick Village Inc?

Penick Village Inc, as a faith-based non-profit organization, strives to create a welcoming and secure community where residents can focus on their wellness and relationships, enabling them to reach their full potential. Penick Village's mission prioritizes the cultivation of an environment that encourages the pursuit of a fulfilling life. The organization's vision aims to provide an exceptional life planning community experience, delivering top-notch services, lifestyle, and innovation to its residents.


Official website here: www.penickvillage.org

Who is the CEO of Penick Village Inc?

Alva S Cromartie Iii is the Board Member of Penick Village Inc. The CEO's salary of Penick Village Inc is $64,363 and their total compensation is $74,561.


Official website here: www.penickvillage.org

What is the revenue of Penick Village Inc?

Penick Village Inc's revenue in 2022 was $19,095,592.


Official website here: www.penickvillage.org

Who are the executives of Penick Village Inc and what are their salaries?

The average compensation at Penick Village Inc during 2022 was $22,724. There are 358 employees and 340 volunteers at Penick Village Inc.

Here are 22 key members and their salaries (Penick Village Inc's CEO's salary is $64,363 and their total compensation is $74,561):

    Terry Kees (Cfo)
  • Compensation: $185,621
  • Related: $0
  • Other: $8,078

    • Jeffrey I Hutchins (Former Ceo)
  • Compensation: $113,514
  • Related: $0
  • Other: $2,262

    • Caroline Eddy (Cdo)
  • Compensation: $94,244
  • Related: $0
  • Other: $0

    • Alva Cromartie (Ceo)
  • Compensation: $64,363
  • Related: $0
  • Other: $10,198

    • The Rt Rev Samuel Rodman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • The Rt Rev Anne Hodges-Copple (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Gary Krasicky (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • John Frizzell Iii (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Lynne Healy (First Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Price (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • W Lance Craig (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Reca Todd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Rev J Carr Holland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Hendricks (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.penickvillage.org

    Where can I find the form 990 for Penick Village Inc?

    The Penick Village Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.penickvillage.org

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

    Mission Statement of Penick Village Inc

    Penick Village Inc, a faith-based nonprofit organization, is dedicated to creating a warm and secure community where its residents can prioritize their well-being and nurture meaningful relationships. The mission of Penick Village is to foster an environment that encourages its residents to live life to the fullest potential. By offering exceptional services, innovative lifestyle options, and a premier life planning community experience, Penick Village strives to deliver more than just a place to live. The organization's vision extends beyond the basic needs of its residents, aiming to provide them with the resources and support they need to thrive. The focus on wellness and relationships sets Penick Village apart, allowing its residents to fully engage in their personal growth and community life.

    Impact

    This information is meant to be a general summary of Penick Village Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Penick Village Inc operates a life planning community that provides housing, services, and long-term care to over 230 residents. They offer independent living, assisted living, and skilled nursing care, tailored to meet the individual needs of each resident. In addition to serving their residents, Penick Village contributes to the greater Southern Pines community and Moore County by donating time and resources to various organizations such as the Moore County Chamber of Commerce, FirstHealth Hospital, and Habitat for Humanity. They also provide financial assistance to residents in need and offer a range of in-home services for seniors who prefer to age at home. Penick Village prioritizes quality nursing care to enhance the quality of life for their residents and fosters strong partnerships between residents, families, and staff to ensure personalized care plans. Their dining services and housekeeping services also strive to enhance the living experience for all residents. Penick Village's mission as a faith-based organization is to create a friendly and safe community where residents can focus on wellness and relationships, living life to its fullest potential. Their vision is to deliver exceptional services, lifestyle, and innovation as a premier life plan community.





    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: $356,779
  • Program Service Revenue: $17,668,242
  • Gross Receipts: $19,164,705

    • Assets and Liabilities:
  • Total Assets: $70,209,162
  • Total Liabilities: $61,812,848
  • Net Assets: $8,396,314
  • Programs

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

    INDEPENDENT LIVING

    Revenue

    $7,168,147

    HEALTHCARE

    Revenue

    $6,673,768

    EARNED ENTRANCE FEES

    Revenue

    $2,760,213

    JA GREER GROUP

    Revenue

    $425,960

    Organization Details

    Founding Year

    1957

    Principal Officer

    Alva S Cromartie Iii

    Main Address

    500 EAST RHODE ISLAND AVENUE, SOUTHERN PINES, NC, 28387

    NTEE Category

    Code: P750 - Human services

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