Charles House Association
- Assets
- $2.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 68
- Location
- Chapel Hill, NC
- Founding
- 11/1984
- Data as of
- 12/2022
- EIN
- 58-1582881
Organization Overview
Charles House Association is located in Chapel Hill, NC. The organization was established in 1984. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. As of 12/2022, Charles House Association employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles House Association 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 12/2022, Charles House Association generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADULT ELDERCARE HOMES AND DAYCARE PROVIDER. CHARLES HOUSE ASSOCATIONS IS A NONPROFIT ORGANIZATION THAT PROVIDES CERTIFIED DAYCARE AND ELDERCARE HOMES IN A PLEASANT, HOME-LIKE SETTING FOR OLDER ADULTS OR ADULTS WITH DISABILITIES AS A VIABLE ALTERNATIVE TO INSTITUTIONAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLES HOUSE ASSOCIATION IS A NONPROFIT ORGANIZATION OPERATING THE CENTER FOR COMMUNITY ELDERCARE AND TWO NEIGHBORHOOD ELDERCARE HOMES. PROGRAMS INCLUDE A CERTIFIED DAYTIME ELDERCARE PROGRAM, THE BRADLEY PROGRAM IN LEARNING & SERVICE AND SUPPORT TO ELDERS AND THEIR CAREGIVING FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Klever Executive Director | Officer | 40 | $142,300 |
Jamilah Sabir-Calloway Director | Trustee | 1 | $0 |
Ellen Culler Director | Trustee | 1 | $0 |
Julie Lindsey Director | Trustee | 1 | $0 |
Tamara Baker Director | Trustee | 1 | $0 |
Peggy Cohn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,740 |
| Related organizations | $0 |
| Government grants | $26,821 |
| All other contributions, gifts, grants, and similar amounts not included above | $160,228 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,789 |
| Total Program Service Revenue | $1,468,588 |
| Investment income | $18,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,681,901 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $146,420 |
| Compensation of current officers, directors, key employees. | $81,634 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $730,868 |
| Pension plan accruals and contributions | $12,389 |
| Other employee benefits | $139,951 |
| Payroll taxes | $84,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,934 |
| Advertising and promotion | $0 |
| Office expenses | $31,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $98,497 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,848 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,059 |
| Insurance | $18,766 |
| All other expenses | $4,144 |
| Total functional expenses | $1,490,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $601,804 |
| Savings and temporary cash investments | $91,801 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,368 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,161 |
| Net Land, buildings, and equipment | $854,536 |
| Investments—publicly traded securities | $1,053,582 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $147,033 |
| Total assets | $2,776,285 |
| Accounts payable and accrued expenses | $88,409 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $369,287 |
| Unsecured mortgages and notes payable | $25,000 |
| Other liabilities | $173,533 |
| Total liabilities | $656,229 |
| Net assets without donor restrictions | $2,120,056 |
| 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 | $2,776,285 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adult Center For Enrichment Inc Greensboro, NC | $2,933,242 | $4,096,593 |
New Life Tn Winchester, TN | $6,541,545 | $3,737,745 |
Circle Center Adult Day Services Richmond, VA | $3,232,978 | $1,423,278 |
Shalom Farms Richmond, VA | $1,111,344 | $1,496,007 |
Charles House Association Chapel Hill, NC | $2,776,285 | $1,681,901 |
Paulding Enterprises Inc Dallas, GA | $1,508,950 | $1,073,347 |
Adult Care Center Of Roanoke Valley Inc Salem, VA | $1,019,343 | $804,188 |
Rosswoods Inc Dalton, GA | $2,353,641 | $963,243 |
Lowenstein House Memphis, TN | $868,337 | $656,676 |
Thrive Memphis Memphis, TN | $427,509 | $546,527 |
Friendship Adult Day Services Inc Burlington, NC | $29,818 | $107,490 |
Creative Living Center Inc Greenville, NC | $38,427 | $168,135 |
The Guest House Inc Gainesville, GA | $0 | $28,593 |
M E Cox Center For The Elder Day Care Norfolk, VA | $271,736 | $0 |
Oah Living Legends Grayson, GA | $100 | $0 |