Nonprofit · EIN 56-0729010
PENICK VILLAGE INC
Tax-exempt · SOUTHERN PNES, NC 28387
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $24,053,313 | $22,357,141 | $1,696,172 | $156,537,408 | $142,893,565 | $13,643,843 |
| September 30, 2024 | 990 | $21,421,898 | $21,286,914 | $134,984 | $76,594,546 | $64,102,076 | $12,492,470 |
| September 30, 2023 | 990 | $21,944,160 | $20,612,916 | $1,331,244 | $73,223,544 | $62,507,697 | $10,715,847 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,075,112
- Program service revenue
- $21,314,988
- Investment income
- $663,213
- Net gain from sales of assets
- $55,435
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $756,421
- Other salaries and wages
- $8,782,921
- Salaries, compensation and benefits (total)
- $11,328,164
- Professional fundraising fees
- $0
- Legal fees
- $247,251
- Occupancy
- $818,994
- Travel
- $33,801
- Depreciation
- $2,718,864
- Program services (functional)
- $16,825,268
- Management and general (functional)
- $5,231,751
- Fundraising (functional)
- $300,122
Balance sheet and other
- Total assets, start of year
- $76,594,546
- Total assets, end of year
- $156,537,408
- Total liabilities, end of year
- $142,893,565
- Net assets, end of year
- $13,643,843
- Land, buildings and equipment
- $77,582,955
- Publicly traded securities
- $12,672,119
- Net assets without donor restrictions
- $12,222,936
- Net assets with donor restrictions
- $1,420,907
- Gross unrelated business income
- $201,719
- Gross receipts
- $24,055,785
- Employees
- 409
- Volunteers
- 340
- Year formed
- 1957
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALVA CROMARTIE | CEO Officer | 39 | $298,773 | $50,124 |
| CHRISTOPHER MOONEY | CFO Officer | 39 | $253,389 | $13,026 |
| CARRIE DUGAS | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $167,245 | $3,519 |
| PANSY REYNOLDS | HEALTHCARE ADMINISTRATOR Highest-paid employee | 40 | $123,860 | $30,278 |
| JENNIFER POLLARD | DIRECTOR OF HOME AND COMMUNITY SERVICES Highest-paid employee | 40 | $113,520 | $19,089 |
| JONATHAN DEBERRY | DIRECTOR OF FACILITY SERVICES Highest-paid employee | 40 | $118,826 | $13,185 |
| WENDY FARRELL | DIRECTOR OF SALES & MARKETING Highest-paid employee | 40 | $124,466 | $4,488 |
| FRANK QUIS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICAH NEIBAUER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN FRIZZELL | IMMEDIATE PAST CHAIR & TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JACKLYNN LESNIAK | SECRETARY Trustee or director | 1 | $0 | $0 |
| LANCE CRAIG | TREASURER Trustee or director | 1 | $0 | $0 |
| ANNE HOCUTT | RESIDENT DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM LEWIS | RESIDENT DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARSHA COLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANNE DAVIS | DIRECTOR Trustee or director | 1 | $0 |
| JOHN EARP | DIRECTOR Trustee or director | 1 | $0 |
| JORGE HIDALGO | DIRECTOR Trustee or director | 1 | $0 |
| REV J CARR HOLLAND | DIRECTOR Trustee or director | 1 | $0 |
| GARY KRASICKY | DIRECTOR Trustee or director | 1 | $0 |
| MIKE PENICK | DIRECTOR Trustee or director | 1 | $0 |
| SHERRY PRICE | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE ROBBINS | DIRECTOR Trustee or director | 1 | $0 |
| MARY RECA TODD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALVA CROMARTIE | CEO Officer | 39 | $282,900 | $37,613 |
| TERRY KEES | CFO-RETIRED - 2/28/2024 Officer | 39 | $224,853 | $13,995 |
| CHRISTOPHER MOONEY | CFO AS OF 3/1/24 Officer | 39 | $118,614 | $18,885 |
| PANSY REYNOLDS | HEALTHCARE ADMINISTRATOR Highest-paid employee | 40 | $105,083 | $22,702 |
| VERONICA AXT | DIRECTOR OF HR Highest-paid employee | 40 | $105,932 | $12,730 |
| JENNIFER POLLARD | DIRECTOR OF HOME CARE Highest-paid employee | 40 | $102,016 | $14,410 |
| WENDY FARRELL | DIRECTOR OF MARKETING Highest-paid employee | 40 | $111,350 | $3,744 |
| MICHAEL WHITLOCK | DIRECTOR OF DINING Highest-paid employee | 40 | $108,879 | $2,175 |
| MICAH NEIBAUER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| FRANK QUIS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN FRIZZELL | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LANCE CRAIG | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SHERRY PRICE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MARSHA COLES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REV J CARR HOLLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR GARY KRASICKY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACKLYNN LESNIAK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE PENICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WAYNE ROBBINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARY RECA TODD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALVA CROMARTIE | CEO Officer | 39 | $231,660 | $39,215 |
| TERRY KEES | CFO Officer | 39 | $205,137 | $16,858 |
| CAROLINE EDDY | CDO Highest-paid employee | 39 | $125,042 | $13,756 |
| VERONIA AXT | DIRECTOR, HUMAN RESOURCES Highest-paid employee | 40 | $101,472 | $14,036 |
| RAYMOND ESTEVES | HEALTHCARE ADMINISTRATOR Highest-paid employee | 40 | $114,943 | $195 |
| WENDY FARRELL | DIRECTOR, SALES AND MARKETING Highest-paid employee | 40 | $109,012 | $3,472 |
| MICHAEL WHITLOCK | DIRECTOR, DINING SERVICES Highest-paid employee | 1 | $109,056 | $0 |
| JIM LEWIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNE HOCUTT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARSHA COLES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GARY KRASICKY | PAST PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MIKE PENICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DARLENE VAUGHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN FRIZZELL III | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LYNNE HEALY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHERRY PRICE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICAH NIEBAUER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| W LANCE CRAIG | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY RECA TODD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LEN GILLESPIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WAYNE ROBBINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REV J CARR HOLLAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FRANK QUIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 E RHODE ISLAND AVE, SOUTHERN PNES, NC 28387-4010
- Principal officer (990 for 2024)
- ALVA S CROMARTIE III, 500 EAST RHODE ISLAND AVENUE, SOUTHERN PINES, NC 28387
- Signed the 990
- ALVA S CROMARTIE III, CHIEF EXECUTIVE OFFICER
- Phone
- (910) 692-0300
- Website
- WWW.PENICKVILLAGE.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
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.
Program accomplishments
- PENICK VILLAGE PROVIDES HOUSING, SERVICES, AND LONG-TERM CARE TO OVER 230 RESIDENTS. THE SERVICES AND CARE ARE PROVIDED IN INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING AREAS. PENICK VILLAGE ALSO CONTRIBUTES TO THE GREATER SOUTHERN PINES COMMUNITY AND MOORE COUNTY IN WHICH IT IS LOCATED BY DONATING TIME AND RESOURCES TO, AMONG OTHERS, THE MOORE COUNTY CHAMBER OF COMMERCE, FIRSTHEALTH HOSPITAL, LEADINGAGE NC, EPISCOPAL DAY SCHOOL, RED CROSS, HABITAT FOR HUMANITY, FRIEND TO FRIEND, AND THE SOUTHERN PINES FIRE AND POLICE DEPARTMENTS. THE PENICK VILLAGE COMMUNITY ALSO PROVIDES FINANCIAL ASSISTANCE TO THOSE RESIDENTS IN NEED.(CONTINUED ON SCHEDULE O)NURSING IS KEY TO THE CONTINUUM OF CARE FOR THE RESIDENTS AT PENICK VILLAGE. SKILLED NURSING SERVICES ARE PROVIDED PER PHYSICIAN ORDERS THAT MAY INCLUDE BUT ARE NOT LIMITED TO ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEDICATION ADMINISTRATION, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY, SPECIALIZED DIETS AND OTHER NEEDS PER ORDERS. THE QUALITY NURSING IS KEY TO ACHIEVING THIS AND IN MAXIMIZING THE QUALITY OF LIFE FOR EACH OF THE RESIDENTS. THE CARE IS PERSONALIZED, AND A STRONG PARTNERSHIP IS DEVELOPED AMONG THE RESIDENT, HIS OR HER FAMILY, AND THE STAFF AT PENICK VILLAGE IN ORDER TO HAVE THE RESIDENT'S NEEDS DRIVE HIS OR HER PLAN OF CARE. PENICK VILLAGE ALSO OFFERS A BROAD RANGE OF IN-HOME SERVICES TO THOSE SENIORS THAT PREFER TO AGE IN HOME. PENICK TAILORS CARE PLANS INDIVIDUALLY, FOLLOWING A FREE IN-HOME CONSULTATION AND ASSESSMENT. POTENTIAL HOME CARE SERVICES INCLUDE COMPANION/SITTER/RESPITE CARE (INCLUDING TRANSPORTATION, LIGHT HOUSEKEEPING, ERRANDS, PET CARE, DAILY CHECK-INS, AND MEDICATION REMINDERS), CARE MANAGEMENT TO ENSURE PROPER TREATMENT, AND POST HOSPITAL DISCHARGE FOLLOW UPS (INCLUDING MEDICARE/LONG-TERM CARE INSURANCE REVIEWS, HOME ORGANIZING/DOWNSIZING, SUPPORT THROUGH DIFFERENT LEVELS OF CARE, HOME SAFETY ASSESSMENTS/MODIFICATIONS, AND REFERRALS TO COMMUMINITY PARTNERS).INDIVIDUALS WHO MOVE INTO PENICK FOR ASSISTED LIVING ARE PROVIDED A UNIQUE SERVICE THAT HAS BEEN PURPOSEFULLY PLANNED TO FILL THEIR INDIVIDUAL NEEDS AND PREFERENCES AND DESIGNED TO SERVE THEM TO THE BEST OF OUR ABILITY. OUR NURSING STAFF MEETS WITH THE NEW RESIDENT AND FAMILY PRIOR TO MOVE IN TO FULLY UNDERSTAND EACH SITUATION AND DESIGN A PERSONALIZED PLAN. ASSISTED LIVING RESIDENTS ENJOY: - A SPACIOUS, PRIVATE APARTMENT- LICENSED CARE SEVEN DAYS A WEEK- DELICIOUS, NUTRITIOUS MEALS- A SAFE SETTING THAT PROMOTES INDEPENDENCE- MEDICATION ASSISTANCE AND/OR ADMINISTRATION AVAILABLE- CARING AND DEDICATED HEALTHCARE PROFESSIONALS- 24-HOUR EMERGENCY CALL SYSTEMS- A VIBRANT SOCIAL ATMOSPHERE- ACCESS TO ALL COMMUNITY AMENITIESDINING SERVICES IS ONE OF PENICK VILLAGE'S ESSENTIAL SERVICES. DINING SERVICES STRIVES TO PRIVIDE A WONDERFUL DINING EXPERIENCE IN ALL LEVELS OF CARE FOR THE RESIDENTS AND THEIR FAMILY AND FRIENDS. THERE ARE SEVERAL DINING OPPORTUNITIES ON THE CAMPUS, INCLUDING THE CAFE EXPERIENCE, A PRIVATE DINING ROOM, CATERING IN ONE'S APARTMENT OR COTTAGE, INDIVIDUALIZED MENUS AND MORE. DINING SERVICES IS COMMITTED TO PREPARING THE SAME QUALITY AND CHOICES OF FOOD ITEMS IN THE HEALTHCARE AREAS THAT ARE AVAILABLE TO INDEPENDENT RESIDENTS. DINING SERVICES ALSO HOSTS EVENTS FOR OTHER SPECIAL COMMUNITY GROUPS SUCH AS THE KIWANIS. AS AN EMPLOYEE BENEFIT, THE STAFF ALSO ENJOYS WONDERFUL MEALS AT A GENEROUS DISCOUNT.PENICK VILLAGE IS ALSO VERY PROUD OF ITS HOUSEKEEPING SERVICES. HOUSEKEEPING PROVIDES GENERAL CLEANING SERVICES ALONG WITH LINEN SERVICES AS REQUESTED. THE HOUSEKEEPING TEAM BUILDS GREAT RELATIONSHIPS WITH THE RESIDENTS THEY ARE SERVING AND HAVE HELPED SIGNIFICANTLY IN TIMES OF NEED.Expenses $16,825,268 · revenue $21,113,269
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 56-0729010
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1964
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $156,537,408
- Income (IRS master file)
- $24,055,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $24,053,313 | $22,357,141 | $156,537,408 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $21,421,898 | $21,286,914 | $76,594,546 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $21,944,160 | $20,612,916 | $73,223,544 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $19,095,592 | $19,277,846 | $70,209,162 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0729010).
Questions about PENICK VILLAGE INC
- What is the EIN of PENICK VILLAGE INC?
- The employer identification number (EIN) of PENICK VILLAGE INC is 56-0729010.
- Is PENICK VILLAGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to PENICK VILLAGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PENICK VILLAGE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PENICK VILLAGE INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PENICK VILLAGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PENICK VILLAGE INC?
- The 990 for the year ended September 30, 2025 names ALVA S CROMARTIE III.
- Who are the officers and directors of PENICK VILLAGE INC?
- The 990 for the year ended September 30, 2025 lists 24 people; 7 received compensation from the organization, the highest $298,773 (ALVA CROMARTIE, CEO).
- How much revenue does PENICK VILLAGE INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $24,053,313, expenses of $22,357,141 and total assets of $156,537,408 at year end.
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All nonprofits in SOUTHERN PNES · North Carolina · Human services