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Baptist Retirement Homes Foundation

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

EIN: 562205837 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Baptist Retirement Homes Foundation?

Baptist Retirement Homes Foundation is a charitable organization, primarily dedicated to supporting the benevolent work of Baptist Retirement Homes of North Carolina, also known as ThriveMore. Their mission involves funding and backing the beneficial initiatives of this retirement home organization. By doing so, they contribute to enhancing the living conditions and well-being of senior citizens in North Carolina. The Foundation's support likely encompasses various aspects, such as facility upgrades, community programs, and resident services.


Official website here: www.thrivemorenc.org/foundation

Is Baptist Retirement Homes Foundation legitimate?

Baptist Retirement Homes Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Retirement Homes Foundation 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thrivemorenc.org/foundation

What is the mission statement of Baptist Retirement Homes Foundation?

The Baptist Retirement Homes Foundation primarily supports the benevolent ministry of Baptist RetirementHomes of North Carolina, Inc., which operates under the name ThriveMore. In essence, the foundation's mission is to contribute to and bolster the charitable work carried out by ThriveMore, aiming to enhance the services they provide. The foundation's support potentially encompasses various aspects of ThriveMore's operations, contributing to the overall betterment of the organization.


Official website here: www.thrivemorenc.org/foundation

Who is the CEO of Baptist Retirement Homes Foundation?

Reed A Vanderslik is the President of Baptist Retirement Homes Foundation.


Official website here: www.thrivemorenc.org/foundation

What is the revenue of Baptist Retirement Homes Foundation?

Baptist Retirement Homes Foundation's revenue in 2022 was $4,268,416.


Official website here: www.thrivemorenc.org/foundation

Who are the executives of Baptist Retirement Homes Foundation and what are their salaries?

There 4 volunteers at Baptist Retirement Homes Foundation.


Here are 8 key members and their salaries:


Phillip R Feagan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Mayo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary E Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Mullaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Skinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Lambe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Vanderslik (Asst Secretary)
  • Compensation: $0
  • Related: $340,955
  • Other: $35,203
Scott Farkas (Asst Treasurer)
  • Compensation: $0
  • Related: $184,312
  • Other: $17,608


Official website here: www.thrivemorenc.org/foundation

Where can I find the form 990 for Baptist Retirement Homes Foundation?

Baptist Retirement Homes Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thrivemorenc.org/foundation

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

Mission Statement of Baptist Retirement Homes Foundation

Baptist Retirement Homes Foundation is an organization dedicated to supporting the benevolent ministry of Baptist Retirement Homes of North Carolina, Inc., which operates under the brand name ThriveMore. The foundation's primary mission is to contribute to the charitable work carried out by this organization, aimed at providing care and support for retirees. By funding and backing the initiatives of Baptist Retirement Homes of North Carolina, the Foundation ensures the continuation and expansion of the services they offer, ultimately benefiting the senior population they serve.

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Impact




October, 2024

Baptist Retirement Homes Foundation plays a vital role in enhancing the quality of life for seniors in North Carolina. By funding and supporting the benevolent ministry of Baptist Retirement Homes, it ensures that residents receive not only safe and comfortable housing but also compassionate care and support. This organization’s mission focuses on enabling senior residents to thrive, particularly those in need of financial assistance, thereby fostering dignity and respect throughout their golden years.

The foundation's commitment to benevolence directly impacts the well-being of countless individuals and families, allowing seniors to access essential services and community resources without the burden of financial constraints. By subsidizing care, it bridges gaps and provides peace of mind, knowing that help is available for those who require it most. The efforts of Baptist Retirement Homes Foundation contribute to creating a nurturing environment where seniors can thrive, engage, and maintain their independence while receiving the support they need.




This information is meant to be a general summary of Baptist Retirement Homes Foundation. 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.

Revenue
$4,268,416 (2022)
Expenses
$634,186 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,118,018
  • Gross Receipts: $4,268,416

Assets and Liabilities:

  • Total Assets: $38,117,881
  • Total Liabilities: $2,260,308
  • Net Assets: $35,857,573

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Organization Details

Founding Year

2000

Principal Officer

Reed A Vanderslik

Main Address

PO BOX 11024, WINSTON SALEM, NC, 27116

NTEE Category

Code: L112 - Housing

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