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Nonprofit · EIN 56-1443222

SOUTHMINSTER INC

Tax-exempt · CHARLOTTE, NC 28210

Financials

$51.2M$51.3M2022$48.9M$53.8M2023$54.4M$54.6M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHMINSTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$54,400,467$54,588,935-$188,468$237,709,662$253,661,048-$15,951,386
September 30, 2024990$48,923,977$53,758,959-$4,834,982$243,833,517$260,929,889-$17,096,372
September 30, 2023990$51,247,846$51,277,445-$29,599$248,725,124$264,810,838-$16,085,714
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$1,994,295
Program service revenue
$50,713,073
Investment income
$1,402,290
Net rental income
$297,213
Net gain from sales of assets
$179,948
Net income from fundraising events
-$6,404
Other revenue
$290,809

Expenses

Grants and similar amounts paid
$1,553,623
Compensation of officers, directors and key employees
$1,288,018
Other salaries and wages
$17,559,209
Salaries, compensation and benefits (total)
$23,535,932
Professional fundraising fees
$2,500
Legal fees
$26,378
Accounting fees
$74,322
Occupancy
$1,804,410
Travel
$478
Depreciation
$12,588,039
Program services (functional)
$48,216,322
Management and general (functional)
$6,221,222
Fundraising (functional)
$151,391

Balance sheet and other

Total assets, start of year
$243,833,517
Total assets, end of year
$237,709,662
Total liabilities, end of year
$253,661,048
Net assets, end of year
-$15,951,386
Land, buildings and equipment
$187,286,718
Publicly traded securities
$42,352,580
Net assets without donor restrictions
-$17,076,287
Net assets with donor restrictions
$1,124,901
Gross receipts
$64,049,761
Employees
733
Volunteers
80
Year formed
1984
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.

NameTitleHours / weekCompensationOther / benefits
BEN GILCHRISTPRESIDENT & CEO
Officer
39$509,808$69,806
KENDA LAUGHEYCFO/ASST TREASURER
Officer
39$297,736$48,114
ARNOLDO MARQUEZCOO/ASST SEC
Officer
40$236,857$34,636
STEWART WILEYVP OF MARKETING
Highest-paid employee
40$185,379$36,206
TERESA LEWISCONTROLLER
Highest-paid employee
40$152,514$43,599
LISA MCCLELLANVP OF HUMAN RESOURCES
Highest-paid employee
40$152,382$33,836
JOSH NOLANDDIRECTOR OF CAMPUS FACILIT
Highest-paid employee
40$149,230$36,510
TRACY MCGINNISVP OF PHILANTHROPY AND STR
Highest-paid employee
40$145,521$23,996
REV ROBIN COIRACHAIR
Trustee or director, Officer
1$0$0
CHARLES H CONNER JRVICE CHAIR/TREASURER
Trustee or director, Officer
1$0$0
SUSAN R SALVINVICE CHAIR/SECRETARY (10/24 - 2/25)
Trustee or director, Officer
1$0$0
MARYANN LARGENVICE CHAIR/SECRETARY(2/25- PRESENT)
Trustee or director, Officer
1$0$0
FRANK HORNE JRVICE CHAIR
Trustee or director, Officer
1$0$0
GLORIA GIBSONVICE CHAIR (2/25 - PRESENT)
Trustee or director, Officer
1$0$0
ROY L SMART IIIBOARD MEMBER
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
SUZANNE G BLEDSOEBOARD MEMBER
Trustee or director
1$0
JACK COOKBOARD MEMBER
Trustee or director
1$0
LARRY DAGENHARTBOARD MEMBER
Trustee or director
1$0
REV LISA SAUNDERSEX OFFICIO (10/24 - 1/25)
Trustee or director
1$0
REV HENRY HARMAN EDENS IIIEX OFFICIO (2/25 - PRESENT)
Trustee or director
1$0
REV CARRIE VEALEX OFFICIO (10/24 - 3/25)
Trustee or director
1$0
EDWARD T HINSON JRBOARD MEMBER
Trustee or director
1$0
DR CHARLES EDWARDSBOARD MEMBER (2/25 - PRESENT)
Trustee or director
1$0
990 for the year ended September 30, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
BEN GILCHRISTPRESIDENT & CEO
Officer
39$477,426$68,008
KENDA LAUGHEYCFO/ASST TREASURER
Officer
39$279,069$46,574
ARNOLDO MARQUEZCOO/ASST SEC
Officer
40$207,942$32,668
STEWART WILEYVP OF MARKETING
Highest-paid employee
40$178,472$33,347
TERESA LEWISCONTROLLER
Highest-paid employee
40$145,407$42,125
JOSH NOLANDDIRECTOR OF CAMPUS FACILITIES
Highest-paid employee
40$150,311$33,751
LISA MCCLELLANVP OF HUMAN RESOURCES
Highest-paid employee
40$138,022$35,099
TRACY MCGINNISVP OF PHILANTHROPY AND STRATEGIC INITIATIVES
Highest-paid employee
40$133,463$24,479
REV ROBIN COIRACHAIR
Trustee or director, Officer
1$0$0
CHARLES H CONNER JRVICE CHAIR/TREASURER
Trustee or director, Officer
1$0$0
SUSAN R SALVINVICE CHAIR/SECRETARY
Trustee or director, Officer
1$0$0
FRANK HORNE JRVICE CHAIR
Trustee or director, Officer
1$0$0
SUZANNE G BLEDSOEBOARD MEMBER
Trustee or director
1$0$0
REV LISA SAUNDERSEX OFFICIO
Trustee or director
1$0$0
MARYANN LARGENVICE CHAIR
Trustee or director, Officer
1$0$0
ROY L SMART IIIBOARD MEMBER
Trustee or director
1$0$0
GLORIA GIBSONBOARD MEMBER
Trustee or director
1$0$0
EDWARD T HINSON JRBOARD MEMBER
Trustee or director
1$0$0
JACK COOKBOARD MEMBER
Trustee or director
1$0$0
LARRY DAGENHARTBOARD MEMBER
Trustee or director
1$0$0
REV CARRIE VEALEX OFFICIO (2/24-PRESENT)
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
BEN GILCHRISTPRESIDENT & CEO
Officer
39$437,979$63,564
KENDA LAUGHEYCFO/ASST TREASURER
Officer
39$264,500$45,062
MARY COOPER FORMER COOASST SECUNTIL 9/22; INT. ADMIN UNTIL 12/22
Former
40$235,695$34,567
STEWART WILEYMARKETING DIRECTOR
Highest-paid employee
40$178,336$31,822
ARNOLDO MARQUEZCOO/ASST SEC SINCE 10/22
Officer
40$166,390$29,364
TERESA LEWISCONTROLLER
Highest-paid employee
40$135,752$39,552
PRISCILLA OKOROREGISTERED NURSE
Highest-paid employee
57$134,348$27,688
LISA MCCLELLANVP OF HUMAN RESOURCES
Highest-paid employee
40$126,431$33,593
DONNA EATONDIRECTOR OF NURSING
Highest-paid employee
40$132,185$5,402
REV ROBIN COIRACHAIR
Trustee or director, Officer
1$0$0
CHARLES H CONNER JRVICE CHAIR/TREASURER
Trustee or director, Officer
1$0$0
SUSAN R SALVINVICE CHAIR/SECRETARY
Trustee or director, Officer
1$0$0
FRANK HORNE JRVICE CHAIR
Trustee or director, Officer
1$0$0
SUZANNE G BLEDSOEBOARD MEMBER
Trustee or director
1$0$0
REV LISA SAUNDERSEX OFFICIO
Trustee or director
1$0$0
DICK WELCHBOARD MEMBER (10/22-2/23)
Trustee or director
1$0$0
MARYANN LARGENBOARD MEMBER TO 2/23; VICE CHAIR FROM 2/23
Trustee or director, Officer
1$0$0
ROY L SMART IIIBOARD MEMBER
Trustee or director
1$0$0
GLORIA GIBSONBOARD MEMBER
Trustee or director
1$0$0
EDWARD T HINSON JRBOARD MEMBER
Trustee or director
1$0$0
DR JJ FLAGEX OFFICIO (2/23-10/23)
Trustee or director
1$0$0
JACK COOKBOARD MEMBER (FROM 2/23)
Trustee or director
1$0$0
REV JOE ALDRICHEX OFFICIO (10/22-2/23)
Trustee or director
1$0$0
LARRY DAGENHARTBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
8919 PARK RD, CHARLOTTE, NC 28210-7610
Principal officer (990 for 2024)
BEN GILCHRIST, 8919 PARK ROAD, CHARLOTTE, NC 28210
Signed the 990
KENDA M LAUGHEY, CHIEF FINANCIAL OFFICER
Phone
(704) 551-6800
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

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

990 for the year ended September 30, 2025

Program accomplishments

  • 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 AND STRENGTH PERMIT.
    Expenses $48,216,322 · grants $1,553,623 · revenue $50,713,073

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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
56-1443222
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$237,709,662
Income (IRS master file)
$64,049,761

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$54,400,467$54,588,935$237,709,662XML
990September 2024$48,923,977$53,758,959$243,833,517XML
990September 2023$51,247,846$51,277,445$248,725,124XML
990September 2022$46,562,509$46,616,748$251,267,272IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 56-1443222).

Questions about SOUTHMINSTER INC

What is the EIN of SOUTHMINSTER INC?
The employer identification number (EIN) of SOUTHMINSTER INC is 56-1443222.
Is SOUTHMINSTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to SOUTHMINSTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHMINSTER 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 SOUTHMINSTER INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHMINSTER 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 SOUTHMINSTER INC?
The 990 for the year ended September 30, 2025 names BEN GILCHRIST.
Who are the officers and directors of SOUTHMINSTER INC?
The 990 for the year ended September 30, 2025 lists 23 people; 8 received compensation from the organization, the highest $509,808 (BEN GILCHRIST, PRESIDENT & CEO).
How much revenue does SOUTHMINSTER INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $54,400,467, expenses of $54,588,935 and total assets of $237,709,662 at year end.

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