Public Charity

SOUTHMINSTER INC

Based in CHARLOTTE, NC, SOUTHMINSTER INC operates as a Public Charity. The organization reported $54.4M in revenue, $54.6M in expenses, $237.7M in total assets for fiscal year 2025. Imperigo tracks 31 reported grant relationships connected to this organization totaling approximately $679K.

EIN: 561443222 CHARLOTTE, NC Supportive Housing for Older Adults NTEE: P75 Latest filing: 2025
Total Revenue$54.4M
Total Expenses$54.6M
Total Assets$237.7M
Grant Records31
Funding Total$679K
Filing Years2021–2025

Mission

AT SOUTHMINSTER, OUR MISSION IS TO EMBRACE COMMUNITY, CARING AND COLLABORATION TO ENRICH THE LIVES OF THOSE WE SERVE. WE ARE SOUTHMINSTER.

Where $100 goes at Southminster Inc

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

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
Continuing care retirement communityprovide a continuum of services (independent living, assisted living, nursing) to older adults that allows them to live independently and as actively as their faculties…
All program spending
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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

COO/ASST SEC Arnoldo Marquez
PRESIDENT & CEO Ben Gilchrist
VICE CHAIR/TREASURER Charles H Conner Jr
BOARD MEMBER (2/25 - PRESENT) Dr Charles Edwards
BOARD MEMBER Edward T Hinson Jr
VICE CHAIR Frank Horne Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$566,371 22 grants
Human & Social Services
$75,676 7 grants
Unspecified
$36,667 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $54.4M $54.6M $237.7M
2024 $48.9M $53.8M $243.8M
2023 $51.2M $51.3M $248.7M
2022 $46.6M $46.6M $251.3M
2021 $38.7M $42.1M $243.8M

Between 2021 and 2025, reported annual revenue grew from $38.7M to $54.4M (+40%), with total assets most recently reported at $237.7M.

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

See the full picture for SOUTHMINSTER INC

Complete financials, all 31 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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