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Nonprofit · EIN 51-0145188

CARAMORE COMMUNITY INC

Tax-exempt · CARRBORO, NC 27510

Financials

$2.6M$2.9M2022$2.6M$2.7M2023$3.2M$3.1M2024
Revenue Expenses · by fiscal year end
Financials of CARAMORE COMMUNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,215,278$3,076,895$138,383$874,364$72,322$802,042
June 30, 2024990$2,554,530$2,708,662-$154,132$809,739$146,080$663,659
June 30, 2023990$2,608,713$2,857,264-$248,551$943,147$125,356$817,791
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$8,718
Program service revenue
$3,075,045
Investment income
$4,191
Other revenue
$127,324

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,533
Other salaries and wages
$1,541,880
Salaries, compensation and benefits (total)
$1,974,254
Professional fundraising fees
$0
Accounting fees
$56,423
Occupancy
$427,871
Travel
$7,032
Depreciation
$22,758
Program services (functional)
$2,624,286
Management and general (functional)
$452,609

Balance sheet and other

Total assets, start of year
$809,739
Total assets, end of year
$874,364
Total liabilities, end of year
$72,322
Net assets, end of year
$802,042
Land, buildings and equipment
$344,418
Net assets without donor restrictions
$802,042
Gross receipts
$3,215,278
Employees
95
Volunteers
5
Year formed
1975
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVID CHAPMANPRESIDENT/CEO
Officer
40$115,533
KINSEY WENNERSTROMCHAIRPERSON
Trustee or director, Officer
1$0
JACK SIMONDSTREASURER
Trustee or director, Officer
1$0
MELVA STRAITSECRETARY
Trustee or director, Officer
1$0
TYSON FEARRINGTONBOARD MEMBER
Trustee or director
1$0
PHIL MULLINSBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
DAVID CHAPMANPRESIDENT/CEO
Officer
40$113,900$31,378
TYSON FEARRINGTONCHAIRPERSON
Trustee or director, Officer
1$0$0
KINSEY WENNERSTROMTREASURER
Trustee or director, Officer
1$0$0
SHARON LOCKLEARMEMBER
Trustee or director
1$0$0
BRENDA HARRISONMEMBER
Trustee or director
1$0$0
CHRIS SLACKEMEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
DAVID CHAPMANPRESIDENT/CEO
Officer
40$113,800$22,902
TYSON FEARRINGTONCHAIRPERSON
Trustee or director, Officer
2$0$0
CATHY VONFANGETREASURER
Trustee or director, Officer
2$0$0
MARCELA HERNANDEZBOARD MEMBER
Trustee or director
1$0$0
SHARON LOCKLEARBOARD MEMBER
Trustee or director
1$0$0
LINI PANDITEBOARD MEMBER
Trustee or director
1$0$0
SOPHIE CHENBOARD MEMBER
Trustee or director
1$0$0
BRENDA HARRISONBOARD MEMBER
Trustee or director
1$0$0
CHRIS SLACKEBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
550 SMITH LEVEL RD, CARRBORO, NC 27510-2555
Principal officer (990 for 2024)
DAVID CHAPMAN, 550 SMITH LEVEL ROAD, CARRBORO, NC 27510
Signed the 990
DAVID CHAPMAN, PRESIDENT/CEO
Phone
(919) 967-3402
Return prepared by
SHARPE PATEL CPA

Mission

TO EMPOWER ADULTS LIVING WITH SEVERE AND PERSISTENT MENTAL ILLNESS IN NORTH CAROLINA WITH THE TOOLS TO LEAD MEANINGFUL AND INDEPENDENT LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • CARAMORE'S PERSON-CENTERED, RECOVERY-FOCUSED, COMMUNITY-INTEGRATED SERVICES CREATE A SAFE AND SUPPORTIVE ENVIRONMENT WHERE MEMBERS CAN BUILD SKILLS, GAIN EMPLOYMENT, AND BECOME SELF-SUFFICIENT.
    Expenses $2,624,286 · revenue $3,202,369

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
51-0145188
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$874,364
Income (IRS master file)
$3,215,278

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,215,278$3,076,895$874,364IRS
990June 2024$2,554,530$2,708,662$809,739IRS
990June 2023$2,608,713$2,857,264$943,147XML
990June 2022$2,770,485$2,806,893$1,183,414IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0145188).

Questions about CARAMORE COMMUNITY INC

What is the EIN of CARAMORE COMMUNITY INC?
The employer identification number (EIN) of CARAMORE COMMUNITY INC is 51-0145188.
Is CARAMORE COMMUNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to CARAMORE COMMUNITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARAMORE COMMUNITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CARAMORE COMMUNITY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARAMORE COMMUNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CARAMORE COMMUNITY INC?
The 990 for the year ended June 30, 2025 names DAVID CHAPMAN.
Who are the officers and directors of CARAMORE COMMUNITY INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $115,533 (DAVID CHAPMAN, PRESIDENT/CEO).
How much revenue does CARAMORE COMMUNITY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,215,278, expenses of $3,076,895 and total assets of $874,364 at year end.

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