2025-11-13T09:13:53-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2024-01-01 863815687 THE SHARON FOUNDATION SHAR 7045531670 5100 SHARON ROAD CHARLOTTE NC 28210 ANGELA RIGSBEE PRESIDENT AND CEO 7045531670 2025-11-10 1 1 KATHRINE A WARLICK P02065266 7049985200 2025-11-10 2024 2025-03-06 01:10:19Z ANGELA RIGSBEE 5100 SHARON ROAD CHARLOTTE NC 28210 691291 0 X WWW.THESHARON.ORG X 2021 NC PROVISION OF GOODS, SERVICES, AND FUNDS TO THE SHARON AT SOUTHPARK AND ITS RESIDENTS. 5 5 0 5 0 0 1000200 501200 0 0 105195 190091 0 0 1105395 691291 0 0 0 0 78820 42396 0 0 1024 6780 1174 85600 43570 1019795 647721 3135705 3826848 192990 236412 2942715 3590436 THE SHARON FOUNDATION EXISTS SOLELY FOR THE BENEFIT OF THE PRESBYTERIAN HOME AT CHARLOTTE, INC. (D/B/A THE SHARON AT SOUTHPARK) AND ITS RESIDENTS. 0 0 42546 THE SHARON FOUNDATION WAS ESTABLISHED AS A SUPPORTING ORGANIZATION THAT SUPPORTS THE MISSION OF THE PRESBYTERIAN HOME AT CHARLOTTE, INC. (THE SHARON AT SOUTHPARK) BY FURTHERING ITS FINANCIAL ASSISTANCE AND FUNDRAISING GOALS. 42546 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X CHARLES R GASKINS 7045533802 5100 SHARON ROAD CHARLOTTE NC 28210 NED MCCONNELL CHAIR 1.00 0.00 X X 0 0 0 VINCENT PRATT VICE CHAIR 1.00 0.00 X X 0 0 0 KELLY GRAVES TREASURER 1.00 0.00 X X 0 0 0 KATHERINE RICHARDS SECRETARY 1.00 0.00 X X 0 0 0 TIMOTHY IGNASHER DIRECTOR 1.00 0.00 X 0 0 0 ANGELA RIGSBEE PRESIDENT & CEO 1.00 40.00 X 0 286390 34057 CHARLES GASKINS CFO 1.00 40.00 X 0 251746 41938 0 538136 75995 0 0 1 0 0 500000 1200 501200 190091 190091 691291 0 0 190091 35700 35700 6696 6696 1024 1024 BANK FEES 150 150 43570 42546 0 1024 3135705 3826848 3135705 3826848 192990 236412 192990 236412 X 2942715 3590436 2942715 3590436 3135705 3826848 647721 0 X 0 1 X 1 0 X X X 1 THE PRESBYTERIAN HOME AT CHARLOTTE 566064186 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE SHARON AND THE FOUNDATION HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE SHARON AND THE FOUNDATION FILE AS TAX-EXEMPT ORGANIZATIONS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THEIR TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECTED TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE SHARON AND THE FOUNDATION FOLLOW GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THE STANDARD HAS HAD NO IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. 0 0 0 0 1 0 1 0 0 ANGELA RIGSBEE PRESIDENT & CEO 0 253647 0 30000 0 2743 0 9548 0 24509 0 320447 0 0 CHARLES GASKINS CFO 0 214783 0 26600 0 10363 0 8602 0 33336 0 293684 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE SHARON AT SOUTHPARK, A RELATED TAX-EXEMPT ORGANIZATION, SERVES AS THE COMPENSATION COMMITTEE. IN 2024 THE ORGANIZATION HAD AN EXTERNAL COMPENSATION REVIEW. THE COMMITTEE WAS GIVEN THIS WAGE AND SALARY SURVEY CONDUCTED BY AN INDEPENDENT SALARY CONSULTANT. THE DATA INCLUDED MULTIPLE SALARY SURVEYS INCLUDING CCRC'S AS WELL AS SIMILAR & COMPETING ORGANIZATIONS. THESE DATA WERE USED IN CONFIRMING THE 2024 SALARY AND ADJUSTMENTS WERE MADE IN 2025. CEO COMPENSATION IS DOCUMENTED AND PLACED IN THE CEO'S FILE HELD BY THE BOARD CHAIR. A COPY IS ALSO KEPT IN THE SHARON'S RECORDS.. PART I, LINE 5 CEO, CFO, & VP'S HAD CERTAIN TARGETS TO ATTAIN INCLUDING "INCOME AVAILABLE FOR DEBT SERVICE" COMPARED TO FORECASTED FIGURES TO EARN A PORTION OF THEIR BONUS. PART I, LINE 6 CEO, CFO, & VP'S HAD CERTAIN TARGETS TO ATTAIN INCLUDING "INCOME AVAILABLE FOR DEBT SERVICE" COMPARED TO FORECASTED FIGURES TO EARN A PORTION OF THEIR BONUS. FORM 990, PART VI, SECTION A, LINE 8B CURRENTLY THE ORGANIZATION HAS NO COMMITTEES TO WHICH THE BOARD DELEGATES AUTHORITY. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND CFO REVIEW THE FULL 990. A REDACTED DRAFT IS SHARED WITH THE EXECUTIVE COMMITTE OF THE SHARON AT SOUTHPARK, A RLEATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST; BOARD MEMBERS ABSTAIN FROM ANY DECISION/VOTE THAT MAY BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE SHARON AT SOUTHPARK, A RELATED TAX-EXEMPT ORGANIZATION, SERVES AS THE COMPENSATION COMMITTEE. IN 2024 THE ORGANIZATION HAD AN EXTERNAL COMPENSATION REVIEW. THE COMMITTEE WAS GIVEN THIS WAGE AND SALARY SURVEY CONDUCTED BY AN INDEPENDENT SALARY CONSULTANT. THE DATA INCLUDED MULTIPLE SALARY SURVEYS INCLUDING CCRC'S AS WELL AS SIMILAR & COMPETING ORGANIZATIONS. THESE DATA WERE USED IN CONFIRMING THE 2024 SALARY AND ADJUSTMENTS WERE MADE IN 2025. CEO COMPENSATION IS DOCUMENTED AND PLACED IN THE CEO'S FILE HELD BY THE BOARD CHAIR. A COPY IS ALSO KEPT IN THE SHARON'S RECORDS.. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PRESBYTERIAN HOME AT CHARLOTTE INC 5100 SHARON ROAD CHARLOTTE NC 28210 566064816 RETIREMENT COMMUNITY NC 501(C)(3) LINE 10 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0