Overview

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Est.

1983

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Carolina Meadows Inc is a nonprofit organization dedicated to providing housing, health care, and other services to residents through a life plan community, focusing on senior assisted living. With an operating budget of $51.2 million and total revenue of $53.8 million for the 2024 filing year, the organization demonstrates a significant financial scale. Carolina Meadows does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.carolinameadows.org.

Mission Statement

TO PROVIDE HOUSING, HEALTH CARE, AND OTHER SERVICES TO RESIDENTS THROUGH A LIFE PLAN COMMUNITY.
Revenues
$53.8M
Expenses
$51.8M
Net Income:
+$2M
Assets
$241.7M
Liabilities
$291.6M
Net Assets:
-$49.9M
Operating Budget
$51.2M
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
1
Median grant size
$90K
Largest grant received
$90K
K
Kevin McLeod
Board Member
H
Hugh Tilson
Board Member
R
Ralph Karpinos
Board Member

Frequently Asked Questions

What is CAROLINA MEADOWS INC’s budget?
In 2024, CAROLINA MEADOWS INC reported an annual operating budget of around $51.2 million. More detailed financial information is available to registered users.
What causes does CAROLINA MEADOWS INC support?
CAROLINA MEADOWS INC supports work in Senior assisted living.
Where does CAROLINA MEADOWS INC operate?
CAROLINA MEADOWS INC is headquartered in Chapel Hill, NC.
Who funded CAROLINA MEADOWS INC recently?
In 2024, CAROLINA MEADOWS INC received grants from CAROLINA MEADOWS FOUNDATION INC, CAROLINA MEADOWS FOUNDATION INC, and CAROLINA MEADOWS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CAROLINA MEADOWS INC received in 2024?
The largest grant to CAROLINA MEADOWS INC in 2024 exceeds $90 thousand.