Overview
What is Carolina Adventist Retirement Systems Inc?
Carolina Adventist Retirement Systems Inc is a nonprofit organization that adheres to Christian principles while catering to healthcare and residential needs. Previously active, the organization ceased operations on February 1, 2018. The sale earnings were then transferred to its sponsoring organization, Carolina Conference of Seventh-day Adventists, which is a tax-exempt entity. The nonprofit's mission was to provide services in line with its Christian beliefs, contributing positively to the well-being of the community in the healthcare and residential sectors.
Is Carolina Adventist Retirement Systems Inc legitimate?
Carolina Adventist Retirement Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Adventist Retirement Systems 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Carolina Adventist Retirement Systems Inc?
Carolina Adventist Retirement Systems, adhering to Christian principles, dedicates its efforts to catering to healthcare and residential needs. The organization sold its operations on February 1, 2018, and the proceeds were transferred to its sponsoring organization, Carolina Conference of Seventh-day Adventists, a tax-exempt entity. While the specifics of its mission may not be explicitly stated, it is clear that the organization places a strong emphasis on its Christian values while serving in the healthcare and residential sectors.
What is the revenue of Carolina Adventist Retirement Systems Inc?
Carolina Adventist Retirement Systems Inc's revenue in 2023 was $0.
Who are the executives of Carolina Adventist Retirement Systems Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Carolina Adventist Retirement Systems Inc?
Carolina Adventist Retirement Systems Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Carolina Adventist Retirement Systems Inc
Carolina Adventist Retirement Systems, adhering to Christian principles, dedicates its mission to serving both healthcare and residential needs. The organization's mission is not just about providing services, but it also embodies a set of moral values. On February 1st, 2018, the organization underwent a significant transformation. It sold all its operations, transferring the proceeds to its sponsoring organization, Carolina Conference of Seventh-day Adventists, a tax-exempt entity. This move demonstrates Carolina Adventist Retirement Systems' commitment to its religious affiliation and its dedication to using its resources for the betterment of its community and its constituents.
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Impact
October, 2024
Carolina Adventist Retirement Systems Inc has made a significant impact by addressing healthcare and residential needs while adhering to Christian principles. By focusing on compassionate care and supportive living environments, the organization has played a vital role in enhancing the quality of life for its residents and patients.
After selling its operations on February 1, 2018, it managed to transfer proceeds to its sponsoring organization, the Carolina Conference of Seventh-day Adventists. This transition allowed for continued support of community health initiatives and programs aligned with their mission. The emphasis on maintaining dignity and respect for each individual highlights its commitment to promoting well-being and holistic care within the community.
Through its legacy, Carolina Adventist Retirement Systems has fostered an environment that prioritizes health, wellness, and spiritual support, ensuring that the values of service and compassion remain at the forefront of healthcare provision in the region.
This information is meant to be a general summary of Carolina Adventist Retirement Systems Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2023.
- Program Service Revenue: $250,000
- Gross Receipts: $250,000
Assets and Liabilities:
- Total Assets: $39,323
- Total Liabilities: $0
- Net Assets: $39,323
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ESCROW FUND RECEIVED
Revenue
$250,000
Organization Details
Founding Year
1975
Principal Officer
Louis Leslie
NTEE Category
Code: E91 - Health
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