Nonprofit · EIN 56-6064186
PRESBYTERIAN HOME AT CHARLOTTE INC
Tax-exempt · CHARLOTTE, NC 28210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $42,177,812 | $41,504,221 | $673,591 | $228,997,968 | $153,756,314 | $75,241,654 |
| December 31, 2023 | 990 | $36,861,852 | $35,774,250 | $1,087,602 | $223,264,585 | $151,926,943 | $71,337,642 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $293,260
- Program service revenue
- $40,288,562
- Investment income
- $1,535,485
- Net rental income
- $60,505
- Net gain from sales of assets
- $53,510
- Other revenue
- $60,505
Expenses
- Grants and similar amounts paid
- $2,618,284
- Compensation of officers, directors and key employees
- $858,965
- Other salaries and wages
- $13,645,162
- Salaries, compensation and benefits (total)
- $17,318,492
- Professional fundraising fees
- $0
- Legal fees
- $179,202
- Accounting fees
- $100,463
- Occupancy
- $2,237,535
- Depreciation
- $7,444,172
- Program services (functional)
- $39,701,783
- Management and general (functional)
- $1,649,375
- Fundraising (functional)
- $153,063
Balance sheet and other
- Total assets, start of year
- $223,264,585
- Total assets, end of year
- $228,997,968
- Total liabilities, end of year
- $153,756,314
- Net assets, end of year
- $75,241,654
- Land, buildings and equipment
- $160,681,710
- Publicly traded securities
- $29,938,685
- Net assets without donor restrictions
- $71,894,073
- Net assets with donor restrictions
- $3,347,581
- Gross receipts
- $42,177,812
- Employees
- 448
- Volunteers
- 133
- Year formed
- 1969
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA RIGSBEE | PRESIDENT AND CEO Officer | 40 | $286,390 | $34,057 |
| CHARLES R GASKINS | CFO Officer | 40 | $251,746 | $41,938 |
| MILTON MCGOWIAN | COO Officer | 40 | $212,715 | $32,119 |
| NIKKI J NELSON | SALES MANAGER Highest-paid employee | 40 | $122,717 | $44,229 |
| CORY STEPANSKI | DIRECTOR OF FACILITY SERVICES Highest-paid employee | 40 | $125,485 | $36,949 |
| ANN MARIE LADIS | DIRECTOR OF MARKETING Highest-paid employee | 32 | $143,771 | $18,090 |
| ELIZABETH BYRD | VP NURSING SERVICES Highest-paid employee | 40 | $134,458 | $11,040 |
| CARLA ROBERTS | LPN Highest-paid employee | 48 | $118,191 | $1,280 |
| ROBERT T DOOLEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD L NICHOLS | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| COOKIE F PARNELL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD D WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEITH G BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTHA K CADDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADELAIDE A DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDITH M HALL | DIRECTOR Trustee or director | 1 | $0 |
| JAMES J HARRIS | DIRECTOR Trustee or director | 1 | $0 |
| CLEVE W HOWARD | DIRECTOR Trustee or director | 1 | $0 |
| RAY A KILLIAN JR | DIRECTOR Trustee or director | 1 | $0 |
| ANNE S MCQUISTON | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM A NICHOLS | DIRECTOR Trustee or director | 1 | $0 |
| B PARTHENIA RICHARDSON | DIRECTOR Trustee or director | 1 | $0 |
| THECKLA D STERRETT | DIRECTOR Trustee or director | 1 | $0 |
| CURTIS L TRENKELBACH | DIRECTOR Trustee or director | 1 | $0 |
| WORTH W WILSON | DIRECTOR Trustee or director | 1 | $0 |
| JONATHAN C WINDHAM | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA RIGSBEE | PRESIDENT AND CEO Officer | 40 | $260,954 | $28,155 |
| CHARLES R GASKINS | CFO Officer | 40 | $228,727 | $32,901 |
| MILTON MCGOWIAN | VP RESIDENT SERVICES Officer | 40 | $158,449 | $24,709 |
| ELIZABETH BYRD | VP NURSING SERVICES Highest-paid employee | 40 | $144,451 | $16,334 |
| CORY STEPANSKI | DIRECTOR OF FACILITY SERVICES Highest-paid employee | 40 | $120,869 | $29,022 |
| OTIS AMERSON | PROJECT MANAGER Highest-paid employee | 40 | $126,917 | $15,152 |
| ANN MARIE LADIS | DIRECTOR OF MARKETING Highest-paid employee | 32 | $119,671 | $14,901 |
| MARIE KOTAY | CNA Highest-paid employee | 70 | $108,253 | $21,057 |
| JOHN E BURTON JR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN J CARPENTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDITH M HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARGARET A MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIMOTHY J IGNASHER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ADELAIDE A DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| E JUDSON MCADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD D WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD L NICHOLS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CURTIS L TRENKELBACH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THECKLA D STERRETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VELVA W WOOLLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTHA K CADDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM A NICHOLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| B PARTHENIA RICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT T DOOLEY | DIRECTOR - CHAIR ELECT Trustee or director, Officer | 1 | $0 | $0 |
| RONALD R KIMBLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CLEVE W HOWARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5100 SHARON ROAD, CHARLOTTE, NC 28210-4768
- Principal officer (990 for 2024)
- ANGELA RIGSBEE, 5100 SHARON ROAD, CHARLOTTE, NC 28210
- Signed the 990
- ANGELA RIGSBEE, PRESIDENT AND CEO
- Phone
- (704) 553-1670
- Website
- HTTPS://THESHARON.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
WE ENRICH THE LIVES OF THOSE WE SERVE BY PROVIDING A NURTURING ENVIRONMENT THAT FOSTERS JOY, PURPOSE, AND WELL-BEING.
Program accomplishments
- THE PRESBYTERIAN HOME AT CHARLOTTE, INC. PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RETIREMENT FACILITY WHICH AT DECEMBER 31, 2024, CONTAINED 253 INDEPENDENT LIVING UNITS, 40 ASSISTED LIVING UNITS, AND A 96 BED HEALTH CARE CENTER.Expenses $39,701,783 · grants $2,618,284 · revenue $40,288,562
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-6064186
- 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
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $228,997,968
- Income (IRS master file)
- $42,177,812
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $42,177,812 | $41,504,221 | $228,997,968 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $36,861,852 | $35,774,250 | $223,264,585 | XML |
| 990 | December 2022 | $28,589,138 | $28,080,307 | $213,210,140 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 56-6064186).
Questions about PRESBYTERIAN HOME AT CHARLOTTE INC
- What is the EIN of PRESBYTERIAN HOME AT CHARLOTTE INC?
- The employer identification number (EIN) of PRESBYTERIAN HOME AT CHARLOTTE INC is 56-6064186.
- Is PRESBYTERIAN HOME AT CHARLOTTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to PRESBYTERIAN HOME AT CHARLOTTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRESBYTERIAN HOME AT CHARLOTTE 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 PRESBYTERIAN HOME AT CHARLOTTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESBYTERIAN HOME AT CHARLOTTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PRESBYTERIAN HOME AT CHARLOTTE INC?
- The 990 for the year ended December 31, 2024 names ANGELA RIGSBEE.
- Who are the officers and directors of PRESBYTERIAN HOME AT CHARLOTTE INC?
- The 990 for the year ended December 31, 2024 lists 26 people; 8 received compensation from the organization, the highest $286,390 (ANGELA RIGSBEE, PRESIDENT AND CEO).
- How much revenue does PRESBYTERIAN HOME AT CHARLOTTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $42,177,812, expenses of $41,504,221 and total assets of $228,997,968 at year end.
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- CATHOLIC CHARITIES DIOCESE OF CHARLOTTE EIN 56-1058954 · last filed 990 for 2025
All nonprofits in CHARLOTTE · North Carolina · Human services