Overview

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Est.

1984

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Southminster Inc, identified by EIN 56-1443222, is a nonprofit organization dedicated to providing continuing care to residents in the senior assisted living sector. With an operating budget of $53 million and total revenue of $54.4 million for the filing year 2025, the organization demonstrates a robust financial scale, though it relies on multiple funders without any single funder contributing 50% or more of its revenue. For more information, visit their website at www.southminster.org.

Mission Statement

TO PROVIDE CONTINUING CARE TO RESIDENTS OF SOUTHMINSTER, INC.
Revenues
$54.4M
Expenses
$54.6M
Net Income:
-$188.5K
Assets
$237.7M
Liabilities
$253.7M
Net Assets:
-$16M
Operating Budget
$53M
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
9
Median grant size
$10K
Largest grant received
$105K
B
Ben Gilchrist
Board Member
T
Teresa Lewis
Board Member
F
Frank Horne Jr
Board Member

Frequently Asked Questions

What is SOUTHMINSTER INC’s budget?
In 2025, SOUTHMINSTER INC reported an annual operating budget of around $53 million. More detailed financial information is available to registered users.
What causes does SOUTHMINSTER INC support?
SOUTHMINSTER INC supports work in Senior assisted living.
Where does SOUTHMINSTER INC operate?
SOUTHMINSTER INC is headquartered in Charlotte, NC.
Who funded SOUTHMINSTER INC recently?
In 2025, SOUTHMINSTER INC received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, THE DICKSON FOUNDATION INC, and FOUNDATION FOR THE CAROLINAS. More information on this organization’s funders is available to registered users.
What is the largest grant SOUTHMINSTER INC received in 2024?
The largest grant to SOUTHMINSTER INC in 2024 exceeds $105 thousand.