Public Charity

ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC

Based in CHARLOTTE, NC, ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC operates as a Public Charity. The organization reported $47.2M in revenue, $52.7M in expenses, $138.8M in total assets for fiscal year 2024. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $502K.

EIN: 560547462 CHARLOTTE, NC Latest filing: 2024
Total Revenue$47.2M
Total Expenses$52.7M
Total Assets$138.8M
Grant Records8
Funding Total$502K
Filing Years2020–2024

Mission

WE CELEBRATE AND RESPECT THE VALUE OF EACH INDIVIDUAL WITHIN AN INCLUSIVE AND VIBRANT ALDERSGATE COMMUNITY.

Where $100 goes at Aldersgate United Methodist Retirement Community Inc

How Aldersgate United Methodist Retirement Community Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$83 Programs the work itself
$16 Management running the organization
$1 Fundraising raising the next dollar

Inside the $83 for programs

$83
Aldersgate provides housing, meals, security, assistance with essential activities of daily living, skilled nursing care, and related services designed specifically for senior adults while offering religious, cultural, recreational…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Amanda Grimes
SR. DIRECTOR OF REAL ESTATE & CAPITAL PROJECTS Boris Henderson
EXECUTIVE DIRECTOR Brooke Hodge
CFO Cherie Grisso
DIRECTOR Denton Wilson
VICE CHAIR Doug Ghidina

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$490,217 7 grants
Health & Medicine
$12,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $47.2M $52.7M $138.8M
2023 $50.4M $48.0M $147.0M
2022 $44.5M $55.5M $148.2M
2021 $44.7M $48.2M $165.2M
2020 $40.9M $46.4M $176.2M

Between 2020 and 2024, reported annual revenue grew from $40.9M to $47.2M (+15%), with total assets most recently reported at $138.8M.

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

See the full picture for ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC

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