Public Charity

THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC

THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC, of CHAPEL HILL, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $40.6M in revenue, $36.0M in expenses, $127.8M in total assets. 9 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.

EIN: 237271041 CHAPEL HILL, NC Latest filing: 2024
Total Revenue$40.6M
Total Expenses$36.0M
Total Assets$127.8M
Grant Records9
Funding Total$1.1M
Filing Years2020–2024

Mission

CAROL WOODS SHALL BE A CHARITABLE, NOT-FOR-PROFIT CORPORATION MEETING THE NEEDS OF OLDER ADULTS FOR HOUSING, HEALTH, WELL-BEING, AND PROTECTION OF FINANCIAL SECURITY. THE MISSION OF CAROL WOODS SHALL BE TO PROVIDE A SAFE, HEALTHFUL, AND SECURE ENVIRONMENT FOR PERSONS THROUGHOUT THEIR LATER YEARS, AS WELL AS ENGAGE IN COOPERATIVE RESEARCH, DEVELOPMENT AND EDUCATION IN AREAS ENCOMPASSED BY THE MISSION. HIGH QUALITY RESIDENTIAL LIVING AND HEALTH SERVICES SHALL BE PROVIDED ACCORDING TO INDIVDUAL NEEDS. RESIDENTS' ON-GOING NEEDS TO MAINTAIN AND PROMOTE HEALTH AND WELL-BEING SHALL BE SUPPORTED THROUGH THE PROVISION OF APPROPRIATE RESOURCES. CAROL WOODS SHALL ENCOURAGE DIVERSITY, RESIDENTS' LEADERSHIP, PARTICIPATION IN AND SERVICE TO CAROL WOODS AND THE LARGER COMMUNITY. CAROL WOODS SHALL ALSO FOSTER A HIGH QUALITY WORK EXPERIENCE FOR STAFF AND FACILITATE STAFF DEVELOPMENT THAT EMBODIES THE VALUES OF THE ORGANIZATION.

Sample Grants Received

2024
REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
$167,761
2023
REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
$80,647
2021
REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
$19,876
2020
REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
$50,570
2019
REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
$173,519

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Adam Stein
BOARD MEMBER Allen Mask
BOARD MEMBER Ben Popkin
BOARD MEMBER Beth Schultz
BOARD MEMBER Bruce Runberg
BOARD MEMBER Charles House

Officer compensation and complete director data available with membership.

Top Grant Purposes

REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
$1,067,349 7 grants
HOME ASSOCIATE TRAINING
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $40.6M $36.0M $127.8M
2023 $35.1M $34.2M $122.0M
2022 $31.9M $32.5M $120.6M
2021 $33.9M $31.0M $131.5M
2020 $32.6M $30.4M $128.5M

Between 2020 and 2024, reported annual revenue grew from $32.6M to $40.6M (+25%), with total assets most recently reported at $127.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC

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