Carolina Meadows Inc is located in Chapel Hill, NC. The organization was established in 1985. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Carolina Meadows Inc employed 573 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Meadows Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Carolina Meadows Inc generated $43.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $42.1m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Carolina Meadows Inc has awarded 77 individual grants totaling $860,527. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING, HEALTH CARE, AND OTHER SERVICES TO RESIDENTS THROUGH A LIFE PLAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAROLINA MEADOWS PROVIDES HOUSING, HEALTH AND WELLNESS SERVICES, AND SOCIAL OPPORTUNITIES, FOR SENIOR ADULTS IN A FINANCIALLY SECURE RETIREMENT COMMUNITY THROUGH A PERSON-CENTERED APPROACH THAT RESPECTS INDIVIDUAL DIGNITY, ENCOURAGES INDEPENDENCE, AND PROMOTES LIFELONG LEARNING THROUGHOUT THE SEQUENCES OF AGING. CAROLINA MEADOWS PROVIDED 225,581 RESIDENT DAYS OF HOUSING AND SERVICES FOR RESIDENTS LIVING WITHIN THE INDEPENDENT LIVING COMPONENT OF THE CAMPUS. IN ASSISTED LIVING, INCLUDING MEMORY CARE, THE ORGANIZATION PROVIDED 26,142 RESIDENT DAYS OF HOUSING AND SERVICES. IN SKILLED NURSING, THE ORGANIZATION PROVIDED 23,146 PATIENT DAYS OF HOUSING AND SERVICES. (CONTINUED ON SCHEDULE O)A TOTAL OF 39,946 DAYS OF CONTINUING CARE WITHOUT LODGING CONTRACTUAL SERVICES WERE PROVIDED TO AN AVERAGE OF 110 RESIDENTS LIVING OFF-CAMPUS WHO RECEIVE THE SAME ACCESS TO AMENITIES AND HEALTH CARE SERVICES OFFERED TO RESIDENTS LIVING ON-CAMPUS. GERIATRIC PHYSICIAN CARE, NURSE PRACTITIONER AND SPECIALTY PHYSICIAN CARE PROGRAMS SUCH AS AUDIOLOGY, PODIATRY, DERMATOLOGY AND DENTAL SERVICES ARE PROVIDED TO RESIDENTS IN ALL CARE LEVELS. THE CAMPUS PRIMARY CARE MEDICAL PRACTICE ALSO SEES RESIDENTS BOTH IN PERSON AND VIA TELEHEALTH VISITS.FITNESS CENTERTHE FITNESS CENTER AND POOL AMENITIES WERE AVAILABLE THROUGHOUT 2021. WE OFFERED ON AVERAGE 20 CLASSES BOTH IN PERSON AND THROUGH ZOOM IN OUR INDEPENDENT LIVING SETTING. THE CLASSES OFFERED INCLUDED AEROBICS, STRETCH, YOGA, BALANCE, MEDITATION, AQUATIC AND OTHERS. SPECIAL OFFERINGS WERE HELD THROUGHOUT THE YEAR INCLUDING CAMPUS GROUP WALKS, WALKING CHALLENGES, MEDITATION EVENTS, LECTURES AND INDIVIDUAL EQUIPMENT ORIENTATIONS AT NO COST. PERSONALIZED TRAINING SESSIONS IN BOTH ASSISTED AND SKILLED SETTINGS THROUGHOUT THE COVID PANDEMIC CONTINUING DURING 2021. WE OFFER GOLF FITNESS SERVICES INCLUDING SCREENINGS AND LESSONS. THREE OF OUR TEAM MEMBERS ARE TRAINED IN PARKINSON'S WELLNESS RECOVERY AND SERIES TRAINING IS OFFERED REGULARLY. WE ALSO OFFER HEALTH COACHING SERVICES. ONE WEEKLY CLASS OFFERED FOR EMPLOYEES AND WALKING CHALLENGES. FOUR EMPLOYEES ARE DESIGNATED FOR THE WELLNESS PROGRAM FOR ALL LEVELS OF CARE AND ADDITIONAL SERVICES ARE PROVIDED UNDER CONTRACT INCLUDING SPECIALTY CLASS OFFERINGS (I.E. YOGA, TAI CHI) AND NUTRITION. WE HAVE THREE CONTRACTED MASSAGE THERAPISTS TO PROVIDE IN HOME SERVICES TO RESIDENTS IN ALL LEVELS OF CARE. DURING THE FALL SEMESTER WE PROVIDED AN INTERNSHIP OPPORTUNITY FOR A UNC EXERCISE AND SPORT SCIENCE STUDENT.WELLNESS SERVICESTHE WELLNESS DEPARTMENT PERFORMS ANNUAL FUNCTIONAL FITNESS ASSESSMENTS ON INDEPENDENT LIVING RESIDENTS THAT ARE PATIENTS OF OUR PRIMARY MEDICAL PRACTICE AT THE TIME OF THEIR ANNUAL WELLNESS EXAM. THIS AVERAGES SEVEN PARTICIPANTS PER MONTH. IN SEPTEMBER 2021 WE BEGAN OFFERING VIRTUE BALANCE GAIT SCREENINGS IN BOTH OUR ASSISTED AND INDEPENDENT SETTINGS AND ULTIMATELY TESTED OVER 300 RESIDENTS THROUGH YEAR END. WE ALSO HAD ONE MATTER OF BALANCE SERIES AT THE END OF 2021.PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES ARE AVAILABLE ON OUR CAMPUS UNDER CONTRACT WITH GENESIS REHABILITATION. ACTIVITIESACTIVITIES ARE ARRANGED BY BOTH STAFF AND RESIDENTS. OFFERINGS EACH MONTH ARE DESIGNED TO MEET THE FULL RANGE OF NEEDS AND INTERESTS AS FOLLOWS: SOCIAL, INTELLECTUAL, SPIRITUAL, PHYSICAL AND EMOTIONAL. INDEPENDENT LIVING HAS A WIDE RANGE OF ACTIVITIES COORDINATED BY STAFF AND RESIDENTS. THE MOST POPULAR ACTIVITIES INCLUDE MUSIC AT THE MEADOWS, CAROLINA MEADOWS UNIVERSITY, AND WORLD AFFAIRS. ATTENDANCE FOR THESE PROGRAMS RANGE UPWARDS FROM 75, WITH SPECIAL EVENTS OFTEN DRAWING OVER 200 PARTICIPANTS. PARTICIPATION WAS IMPACTED DURING THE COVID-19 PANDEMIC. IN THE FAIRWAYS (ASSISTED LIVING) STAFF DESIGN AN ACTIVITIES CALENDAR WITH GROUP AND INDIVIDUAL OPPORTUNITIES. RESIDENTS ARE ENCOURAGED TO CONTINUE INTERESTS AND HOBBIES DEVELOPED OVER A LIFETIME. DESIGNATED STAFF PROVIDE ACTIVITIES IN THE GREEN (MEMORY SUPPORT ENVIRONMENT WITHIN THE FAIRWAYS). TWO SEPARATE PROGRAMS ARE PROVIDED IN THE PINES (SKILLED NURSING) AS FOLLOWS: APPROXIMATELY FIVE TO TEN RESIDENTS WITH SEVERE MEMORY IMPAIRMENT ARE SERVED DAILY IN A SPECIFIC PROGRAM FOR THIS POPULATION WHILE FIFTEEN TO TWENTY RESIDENTS PARTICIPATE DAILY IN THE PROGRAM DESIGNED FOR THOSE WHOSE COGNITION IS INTACT. THERE IS ALSO A MUSIC & MEMORY PROGRAM USING IPODS TO SERVE BOTH SKILLED NURSING AND MEMORY CARE RESIDENTS.DINING SERVICESDINING SERVICES PROVIDES RESIDENT MEALS DAILY IN ALL OUR LEVELS OF LIVING. FOR RESIDENTS, APPROXIMATELY 6,050 MEALS PER MONTH ARE SERVED IN THE PINES, 6,600 IN THE FAIRWAYS AND 8,800 IN THE INDEPENDENT LIVING DINING VENUES. AN ADDITIONAL TOTAL OF 350 MONTHLY GUEST MEALS AND 1,400 MONTHLY EMPLOYEE MEALS ARE SERVED ACROSS CAMPUS.PHYSICAL PLANTTHE PHYSICAL PLANT ANNUALLY TURNS OVER AN AVERAGE OF 40 EXISTING INDEPENDENT LIVING UNITS FOR NEW RESIDENTS. DURING 2021 THERE WERE ALSO 20 NEW INDEPENDENT LIVING UNITS THAT WERE OCCUPIED BY THE INITIAL RESIDENTS. EACH EXISTING UNIT IS REFURBISHED TO NEW OR LIKE-NEW CONDITION FOR THE INCOMING RESIDENTS. IN ADDITION, THE PHYSICAL PLANT COMPLETED 14,533 WORK ORDERS FOR INDEPENDENT LIVING RESIDENTS, 1,909 FOR SKILLED NURSING RESIDENTS AND 2,214 FOR ASSISTED LIVING RESIDENTS. IN ADDITION, 4,026 COMMUNITY-WIDE WORK ORDERS WERE COMPLETED INCLUSIVE OF SPECIAL PROJECTS, SECURITY RESPONSES AND TRASH PICKUP FOR A TOTAL OF 22,682 WORK ORDERS. THERE WAS SOME IMPACT ON SERVICES PROVIDED FROM THE CONTINUING COVID PANDEMIC.ENVIRONMENTAL SERVICESTHE ENVIRONMENTAL SERVICES DEPARTMENT, IN ADDITION TO CLEANING ALL COMMON AREAS AND PROVIDING DAILY SERVICE TO ALL SKILLED NURSING AND ASSISTED LIVING RESIDENTS, PROVIDES SERVICE TO APPROXIMATELY 200 INDEPENDENT LIVING RESIDENTS PER MONTH. APPROXIMATELY 35 POUNDS OF LINEN ARE WASHED, DRIED AND IRONED DAILY FOR THE CLUB CENTER DINING ROOMS, IN ADDITION TO LINENS PROVIDED IN THE HEALTH CENTER AND ASSISTED LIVING. THERE WAS SOME IMPACT ON SERVICES PROVIDED FROM THE CONTINUING COVID PANDEMIC.
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Mcleod Chief Executive Officer | Officer | 40 | $371,286 |
Benjamin Cornthwaite Chief Operating Officer | Officer | 40 | $268,754 |
Donna Miller Medical Director | Officer | 40 | $267,238 |
Gary Levine Chief Financial Officer | Officer | 40 | $240,488 |
Melissa Kass Vice President - Marketing | 40 | $159,047 | |
Daniel Camara Vp-Physical Plant | 40 | $151,164 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Us Foodservice Food Services | 12/30/21 | $1,614,197 |
Mako Medical Covid Testing | 12/30/21 | $416,200 |
Spectrum Cable/internet Services | 12/30/21 | $389,307 |
Connect Cause Technology Support/licensing | 12/30/21 | $354,812 |
Chatham Carpet & Interiors Flooring | 12/30/21 | $465,883 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $425,210 |
All other contributions, gifts, grants, and similar amounts not included above | $12,915 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $438,125 |
Total Program Service Revenue | $39,769,358 |
Investment income | $1,005,125 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $11,663 |
Net Gain/Loss on Asset Sales | $2,234,530 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $43,472,709 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $106,979 |
Grants and other assistance to domestic individuals. | $351,266 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,147,766 |
Compensation of current officers, directors, key employees. | $880,529 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,477,351 |
Pension plan accruals and contributions | $507,665 |
Other employee benefits | $2,950,412 |
Payroll taxes | $1,283,214 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,169 |
Fees for services: Accounting | $57,715 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $179,076 |
Fees for services: Other | $2,462,162 |
Advertising and promotion | $175,932 |
Office expenses | $1,404,302 |
Information technology | $58,847 |
Royalties | $0 |
Occupancy | $2,535,657 |
Travel | $87,717 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,285 |
Interest | $266,790 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,530,802 |
Insurance | $21,765 |
All other expenses | $1,580,763 |
Total functional expenses | $42,069,897 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,553,785 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,921,097 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $345,041 |
Prepaid expenses and deferred charges | $211,893 |
Net Land, buildings, and equipment | $98,848,116 |
Investments—publicly traded securities | $0 |
Investments—other securities | $39,996,984 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $746,392 |
Total assets | $159,623,308 |
Accounts payable and accrued expenses | $4,499,799 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $11,070,686 |
Escrow or custodial account liability | $651,940 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $20,036,263 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $173,765,072 |
Total liabilities | $210,023,760 |
Net assets without donor restrictions | -$50,400,452 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $159,623,308 |
Over the last fiscal year, Carolina Meadows Inc has awarded $84,970 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Pittsboro, NC PURPOSE: TO SUPPORT THE CHATHAM AGING PLAN, FROZEN MEALS PROGRAM FOR SENIORS THROUGHOUT CHATHAM COUNTY, THE SENIOR GAMES AND PEACEFUL PATHWAYS FOR CAREGIVERS PROJECT. | $27,500 |
LEADING AGE NC PURPOSE: CONTRIBUTION OF FOURTH AND FINAL PLEDGE FOR A NEW LEADING AGE BUILDING. | $25,000 |
Pittsboro, NC PURPOSE: TO SUPPORT ESL TUTOR PROGRAM AND CITIZENSHIP PROGRAM AT CM FOR STAFF AND FOR COMMUNITY CITIZENS IN NEED | $13,287 |
Raleigh, NC PURPOSE: TO PROVIDE SUPPORT TO HELP WORLD HUNGER WORLDWIDE. MORE THAN 180,000 WERE FED AS A RESULT. | $10,000 |
Pittsboro, NC PURPOSE: TO PROVIDE SUPPORT TO HELP WITH HUNGER IN CHATHAM COUNTY THROUGH THE CORA FOOD PANTRY (DONATIONS MADE FROM RESIDENT DINING ACCOUNTS) | $9,183 |
Over the last fiscal year, we have identified 1 grants that Carolina Meadows Inc has recieved totaling $521,297.
Awarding Organization | Amount |
---|---|
Carolina Meadows Foundation Inc Chapel Hill, NC PURPOSE: SUPPORT OF CAROLINA MEADOWS EFFORTS TO REWARD CAROLINA MEADOWS EMPLOYEES THAT SERVE CM RESIDENTS | $521,297 |
Organization Name | Assets | Revenue |
---|---|---|
Ashby Ponds Inc Ashburn, VA | $1,081,002,554 | $105,782,483 |
Greenspring Village Inc Springfield, VA | $635,246,519 | $86,958,670 |
Goodwin House Incorporated Alexandria, VA | $441,770,291 | $109,508,883 |
Lutheran Homes Of South Carolina Inc Irmo, SC | $120,175,361 | $78,300,034 |
Westminster-Canterbury Corporation Richmond, VA | $326,286,753 | $77,739,552 |
Virginia United Methodist Homes Inc Glen Allen, VA | $253,887,875 | $70,234,834 |
Westminster-Canterbury On Chesapeake Bay Virginia Beach, VA | $226,856,514 | $70,077,492 |
Presbyterian Communities Of South Carolina Columbia, SC | $133,476,143 | $58,903,174 |
Givens Estates Inc Asheville, NC | $338,452,219 | $72,683,846 |
Presbyterian Homes Inc Colfax, NC | $256,348,828 | $62,438,008 |
Aldersgate United Methodist Retirement Community Inc Charlotte, NC | $165,248,151 | $44,725,662 |
Everyage Newton, NC | $158,969,277 | $58,100,743 |