Overview

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Est.

1945

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Aldersgate United Methodist Retirement Community Inc, with EIN 56-0547462, is dedicated to providing excellent continuing care services for older adults, focusing on senior assisted living. In the 2024 filing year, the organization operates with a budget of $52.7 million and reported total revenue of $47.2 million, supported by a diverse range of funders. More information about their services and mission can be found on their website, www.aldersgateccrc.com.

Mission Statement

PROVISION OF EXCELLENT CONTINUING CARE SERVICES FOR OLDER ADULTS.
Revenues
$47.2M
Expenses
$52.7M
Net Income:
-$5.5M
Assets
$138.8M
Liabilities
$184.7M
Net Assets:
-$45.9M
Operating Budget
$52.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$24K
Largest grant received
$27.5K
C
Cherie Grisso
Board Member
B
Brooke Hodge
Board Member
T
Tommy Lawing
Board Member

Frequently Asked Questions

What is ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC’s budget?
In 2024, ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC reported an annual operating budget of around $52.7 million. More detailed financial information is available to registered users.
What causes does ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC support?
ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC supports work in Senior assisted living.
Where does ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC operate?
ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC is headquartered in Charlotte, NC.
Who funded ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC recently?
In 2025, ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC received grants from CLARENCE E HOOD TR UWILL, CLARENCE E HOOD TR UWILL, and FOUNDATION FOR THE CAROLINAS. More information on this organization’s funders is available to registered users.
What is the largest grant ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC received in 2024?
The largest grant to ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC in 2024 exceeds $27 thousand.