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Nonprofit · EIN 58-1307937

CARMEL HILLS RETIREMENT COMM

Tax-exempt · CHARLOTTE, NC 28226

Financials

$4M$3.7M2023$3.8M$3.9M2024$3.9M$3.7M2025
Revenue Expenses · by fiscal year end
Financials of CARMEL HILLS RETIREMENT COMM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2026990$3,907,509$3,698,707$208,802$4,685,928$3,700,393$985,535
April 30, 2025990$3,776,405$3,873,172-$96,767$3,649,899$2,916,073$733,826
April 30, 2024990$3,987,744$3,718,387$269,357$3,442,451$2,611,858$830,593
Financial details: 990 for the year ended April 30, 2026

Revenue

Contributions, gifts and grants
$158,415
Program service revenue
$3,694,911
Investment income
$44,572
Net gain from sales of assets
-$6,797
Other revenue
$9,611

Expenses

Grants and similar amounts paid
$174,846
Compensation of officers, directors and key employees
$108,674
Other salaries and wages
$1,842,602
Salaries, compensation and benefits (total)
$2,284,268
Professional fundraising fees
$0
Legal fees
$1,658
Accounting fees
$18,450
Occupancy
$131,044
Travel
$20,646
Depreciation
$186,685
Program services (functional)
$3,094,032
Management and general (functional)
$604,675

Balance sheet and other

Total assets, start of year
$3,649,899
Total assets, end of year
$4,685,928
Total liabilities, end of year
$3,700,393
Net assets, end of year
$985,535
Land, buildings and equipment
$1,351,954
Publicly traded securities
$906,675
Net assets without donor restrictions
$714,209
Net assets with donor restrictions
$271,326
Gross receipts
$3,914,306
Employees
68
Volunteers
17
Year formed
1977
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 April 30, 2026, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Daniel SandsCEO
Officer
40$96,465$12,209
Craig RobsonPresident
Trustee or director, Officer
1$0$0
Chris FaileVice President
Trustee or director, Officer
1$0$0
Peter KeddisSecretary
Trustee or director, Officer
1$0$0
Paul Palmer JrTreasurer
Trustee or director, Officer
1$0$0
Joe YouannasAssistant Treas
Trustee or director, Officer
1$0$0
Sam VedderDirector
Trustee or director
1$0$0
Larry StasselDirector
Trustee or director
1$0$0
Paul PalmerDirector
Trustee or director
1$0$0
Ihab DorottaDirector
Trustee or director
1$0$0
Sam JeanjaquetDirector
Trustee or director
1$0$0
Tim DietzDirector
Trustee or director
1$0$0
Dr Charles HeussDirector
Trustee or director
1$0$0
990 for the year ended April 30, 2025: 13 people
NameTitleHours / weekCompensationOther / benefits
Gabriel IorgaAdministrator
Officer
50$103,098$10,976
Sam VedderDirector
Trustee or director
1$0$0
Steve McDonaldPresident
Trustee or director, Officer
1$0$0
Larry StasselDirector
Trustee or director
1$0$0
Sam JeanjaquetDirector
Trustee or director
1$0$0
Joe YouannasAssistant Treas
Trustee or director, Officer
1$0$0
Paul Palmer JrTreasurer
Trustee or director, Officer
1$0$0
Peter KeddisSecretary
Trustee or director, Officer
1$0$0
Tim DietzDirector
Trustee or director
1$0$0
Paul Palmer SrDirector
Trustee or director
1$0$0
Dr Charles HeussDirector
Trustee or director
1$0$0
Craig RobsonVice President
Trustee or director, Officer
1$0$0
Dr Ihab DorottaDirector
Trustee or director
1$0$0
990 for the year ended April 30, 2024: 15 people
NameTitleHours / weekCompensation
Gabriel IorgaAdministrator
Officer
50$102,210
Robert McGartyDirector
Trustee or director
1$0
Steve McDonaldPresident
Trustee or director, Officer
1$0
Larry StasselDirector
Trustee or director
1$0
Sam JeanjaquetDirector
Trustee or director
1$0
Joe YouannasAssistant Treas
Trustee or director, Officer
1$0
Paul Palmer JrTreasurer
Trustee or director, Officer
1$0
Peter KeddisSecretary
Trustee or director, Officer
1$0
Tim DietzDirector
Trustee or director
1$0
Paul Palmer SrDirector
Trustee or director
1$0
Dr Charles HeussDirector
Trustee or director
1$0
Craig RobsonVice President
Trustee or director, Officer
1$0
Dr Ihab DorottaDirector
Trustee or director
1$0
Eric BrittenDirector
Trustee or director
1$0
Richard ToddDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2801 CARMEL ROAD, CHARLOTTE, NC 28226-6393
Principal officer (990 for 2025)
Daniel Sands, 2801 Carmel Road, Charlotte, NC 282266393
Signed the 990
Paul Palmer Jr, Treasurer
Phone
(704) 364-8302
Return prepared by
Foard and Company PA

Mission

The main objective of Carmel Hills is to maintain and operate a retirement home by carrying out educational, religious, recreational and other programs. Carmel Hills also maintains a health care center and carries on such other work in the overall charitable field of services to the aged as may be appropriate.

990 for the year ended April 30, 2026

Program accomplishments

  • The Purpose of this corporation are exclusively charitable and educational in nature within the meaning of section 501(c)(3) of the Internal Revenue Code, including a home for the aged. Carmel Hills has been designed to provide comfortable surroundings for a low cost where older people may live in peace and contentment in Christian neighborliness. The mission of Carmel Hills is to provide a retirement community to care for and encourage the Lord's people. We served and provided care for an average of 39 Independent residents and an average of 29 Assisted Living residents during the year. We offer charity care through the Resident Assistance Fund (RAF) where possible.
    Expenses $3,094,032 · grants $174,846 · revenue $3,694,911

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 April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026990 on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
58-1307937
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
1978
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,685,928
Income (IRS master file)
$3,914,306

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2026$3,907,509$3,698,707$4,685,928XML
990April 2025$3,776,405$3,873,172$3,649,899XML
990April 2024$3,987,744$3,718,387$3,442,451XML
990April 2023$3,548,068$3,807,877$3,319,027IRS
990April 2022–––IRS
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––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 58-1307937).

Questions about CARMEL HILLS RETIREMENT COMM

What is the EIN of CARMEL HILLS RETIREMENT COMM?
The employer identification number (EIN) of CARMEL HILLS RETIREMENT COMM is 58-1307937.
Is CARMEL HILLS RETIREMENT COMM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to CARMEL HILLS RETIREMENT COMM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARMEL HILLS RETIREMENT COMM 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 CARMEL HILLS RETIREMENT COMM due?
The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARMEL HILLS RETIREMENT COMM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2026.
Who is the principal officer of CARMEL HILLS RETIREMENT COMM?
The 990 for the year ended April 30, 2026 names Daniel Sands.
Who are the officers and directors of CARMEL HILLS RETIREMENT COMM?
The 990 for the year ended April 30, 2026 lists 13 people; 1 received compensation from the organization, the highest $96,465 (Daniel Sands, CEO).
How much revenue does CARMEL HILLS RETIREMENT COMM have?
On its 990 for the year ended April 30, 2026 it reported revenue of $3,907,509, expenses of $3,698,707 and total assets of $4,685,928 at year end.

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