Public Charity

PENICK VILLAGE INC

PENICK VILLAGE INC, of SOUTHERN PINES, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $24.1M in revenue, $22.4M in expenses, $156.5M in total assets. 14 publicly reported grants to this organization, totaling roughly $5.9M, appear in IRS filings.

EIN: 560729010 SOUTHERN PINES, NC Supportive Housing for Older Adults NTEE: P75 Latest filing: 2025
Total Revenue$24.1M
Total Expenses$22.4M
Total Assets$156.5M
Grant Records14
Funding Total$5.9M
Filing Years2021–2025

Mission

AS A FAITH-BASED NONPROFIT ORGANIZATION, PENICK VILLAGE'S MISSION IS TO CULTIVATE A FRIENDLY AND SAFE COMMUNITY WHERE RESIDENTS HAVE THE FREEDOM TO FOCUS ON THEIR WELLNESS AND RELATIONSHIPS WHILE LIVING TO LIFE'S FULLEST POTENTIAL. (CONTINUED ON SCHEDULE O) PENICK VILLAGE'S VISION IS TO OFFER A PREMIER LIFEPLAN COMMUNITY EXPERIENCE TO OUR RESIDENTS, DELIVERING EXCEPTIONAL SERVICES, LIFESTYLE, AND INNOVATION.

Where $100 goes at Penick Village Inc

How Penick Village Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$73 Programs the work itself
$26 Management running the organization
$1 Fundraising raising the next dollar

Inside the $73 for programs

$73
Penick Village provides housing, services, and long-term care to over 230 residents
All program spending · Reported in the filing: 230 residents
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CEO Alva Cromartie
RESIDENT DIRECTOR Anne Hocutt
CHIEF OPERATING OFFICER Carrie Dugas
CFO Christopher Mooney
PRESIDENT Frank Quis
DIRECTOR Gary Krasicky

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,295,656 7 grants
Human & Social Services
$360,600 2 grants
Unspecified
$1,285,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $24.1M $22.4M $156.5M
2024 $21.4M $21.3M $76.6M
2023 $21.9M $20.6M $73.2M
2022 $19.1M $19.3M $70.2M
2021 $19.5M $18.1M $72.2M

Between 2021 and 2025, reported annual revenue grew from $19.5M to $24.1M (+23%), with total assets most recently reported at $156.5M.

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

See the full picture for PENICK VILLAGE INC

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