Overview
What is Carmel Hills Inc?
Carmel Hills Inc is a 501(c)(3) nonprofit organization situated in Charlotte, North Carolina. With a mission aligned to provide a comfortable and affordable retirement living environment, it offers accommodations for older individuals, fostering a peaceful and content community in a spirit of Christian camaraderie. The organization operates a retirement home, providing various educational, religious, and recreational programs, in addition to operating a health care center. Carmel Hills also extends its charitable work towards the aged, offering services beyond its primary facility when necessary. During the year, the organization typically serves an average of 63 residents, offering charity care through the Resident Assistance Fund when feasible.
Official website here: www.carmelhills.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Carmel Hills Inc has earned a solid Three-Star rating from Charity Navigator, primarily driven by its strong performance in the Accountability & Finance category. The organization boasts a high program expense ratio of 86.37%, indicating that a significant portion of its funds is directed towards its mission-related activities. Additionally, the organization has a fully independent board, which can enhance governance and decision-making processes.
The organization has implemented robust policies, including a conflict of interest policy and a whistleblower policy, both of which contribute to its accountability standards. Financial oversight is also a key strength; the charity has a thorough audit and oversight committee in place, ensuring transparency in its financial practices. The presence of well-documented board meeting minutes further supports its commitment to accountability.
While the overall score is commendable, the rating is solely based on Accountability & Finance metrics, which means it does not reflect other potential areas of impact or effectiveness in the community. Prospective donors and supporters may want to look for additional information on program outcomes to fully assess the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Carmel Hills Inc legitimate?
Carmel Hills Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carmel Hills 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:
Executive Compensation: $100,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,796,831
For more financial information, click here
Official website here: www.carmelhills.org
What is the mission statement of Carmel Hills Inc?
Carmel Hills Inc's mission is centered around providing a retirement community for older individuals. Their primary objective involves maintaining and operating this retirement home, offering various educational, religious, and recreational programs. In addition, they operate a health care center and engage in charitable work related to serving the elderly. Their mission extends to providing a peaceful and content living environment for older people, fostering Christian neighborliness. Carmel Hills also provides charity care through the Resident Assistance Fund (RAF) when possible.
Official website here: www.carmelhills.org
Who is the CEO of Carmel Hills Inc?
Gabriel Iorga is the Administrator of Carmel Hills Inc.
Official website here: www.carmelhills.org
What is the revenue of Carmel Hills Inc?
Carmel Hills Inc's revenue in 2023 was $3,548,068.
Official website here: www.carmelhills.org
Who are the executives of Carmel Hills Inc and what are their salaries?
The average compensation at Carmel Hills Inc during 2023 was $27,106. There are 70 employees and 16 volunteers at Carmel Hills Inc.
Here are 13 key members and their salaries:
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Official website here: www.carmelhills.org
Where can I find the form 990 for Carmel Hills Inc?
Carmel Hills Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.carmelhills.org
Learn more at the official website: www.carmelhills.org
Mission Statement of Carmel Hills Inc
Carmel Hills Inc, a charitable organization, is dedicated to maintaining and operating a retirement home. Their mission extends beyond just providing a living space, as they also engage in educational, religious, and recreational activities. The retirement home is equipped with a health care center, and Carmel Hills undertakes various tasks within the broader field of services for the elderly. Their purpose is to offer a comfortable and affordable living environment for older individuals, allowing them to live peacefully and contentedly in a Christian community. Carmel Hills strives to provide a retirement community that cares for and encourages its residents, who are largely individuals seeking spiritual nourishment. The organization goes above and beyond by offering charity care through their Resident Assistance Fund (RAF), providing aid to those in need when possible.
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Impact
July, 2024
Carmel Hills Inc's impact is centered around providing a comfortable retirement community for older individuals, fostering peace, contentment, and Christian neighborliness. The organization's mission is to care for and encourage the Lord's people through its various programs and services, including maintaining a retirement home, health care center, and offering charity care through the Resident Assistance Fund. By serving an average of 36 Independent residents and 27 Assisted Living residents annually, Carmel Hills Inc plays an integral role in supporting the aged population and ensuring they have a supportive and caring environment to thrive in.
This information is meant to be a general summary of Carmel Hills 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.
- Investment Income: $17,744
- Program Service Revenue: $3,113,493
- Gross Receipts: $3,548,068
Assets and Liabilities:
- Total Assets: $3,319,027
- Total Liabilities: $2,757,791
- Net Assets: $561,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Application Fees
Revenue
$1,600
Early Reservation
Revenue
$2,000
Earned Entrance Fees
Revenue
$189,268
Late Fees
Resident Fees
Revenue
$2,920,625
Organization Details
Founding Year
1977
Phone
(704) 364-8302Principal Officer
Gabriel Iorga
Main Address
2801 Carmel Road, Charlotte, NC, 28226
Website
www.carmelhills.orgNTEE Category
Code: L220 - Housing
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