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Nonprofit · EIN 56-0564344

PRESBYTERIAN HOMES INC

Tax-exempt · GREENSBORO, NC 27410

Financials

$65.7M$60.4M2022$73.5M$59.4M2023$77M$60M2024$22.1M$22.2M2025
Revenue Expenses · by fiscal year end
Financials of PRESBYTERIAN HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$22,093,236$22,191,093-$97,857$270,769,704$135,962,002$134,807,702
September 30, 2025990$77,036,110$60,034,300$17,001,810$270,632,746$137,484,901$133,147,845
September 30, 2024990$73,497,043$59,363,114$14,133,929$262,843,503$146,486,113$116,357,390
September 30, 2023990$65,685,113$60,438,776$5,246,337$244,275,349$152,518,383$91,756,966
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,904,550
Program service revenue
$17,610,563
Investment income
$1,475,525
Net rental income
$25,331
Net gain from sales of assets
$250,671
Other revenue
$1,102,598

Expenses

Grants and similar amounts paid
$477,997
Compensation of officers, directors and key employees
$999,447
Other salaries and wages
$5,733,784
Salaries, compensation and benefits (total)
$8,646,732
Professional fundraising fees
$0
Legal fees
$8,101
Accounting fees
$47,000
Occupancy
$1,149,908
Travel
$32,359
Depreciation
$1,971,436
Program services (functional)
$13,934,212
Management and general (functional)
$8,096,881
Fundraising (functional)
$160,000

Balance sheet and other

Total assets, start of year
$270,632,746
Total assets, end of year
$270,769,704
Total liabilities, end of year
$135,962,002
Net assets, end of year
$134,807,702
Land, buildings and equipment
$156,751,602
Publicly traded securities
$87,360,837
Net assets without donor restrictions
$133,495,742
Net assets with donor restrictions
$1,311,960
Gross receipts
$23,559,720
Employees
1,562
Volunteers
119
Year formed
1942
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN FLEMINGPRESIDENT - CEO
Officer
40$0$665,492$45,534
TIMOTHY WEBSTERPRESIDENT - CEO
Officer
40$0$636,422$36,525
CREIGHTON LOVVORNCOO
Key employee
40$0$486,897$37,159
JULIA HANOVERCFO
Officer
40$0$472,517$30,538
K ALAN TUTTEROWCFO
Officer
40$0$421,304$33,396
THOMAS SMITHEXEC DIRECTOR-RIVER LANDING
Highest-paid employee
40$273,471$0$30,167
ARTHUR JOHNSONEXEC DIRECTOR-SCOTIA VILLAGE
Highest-paid employee
40$216,558$0$22,463
MEGAN BROWNDIRECTOR OF CLINICAL SERVICES-RIVER LANDING
Highest-paid employee
40$181,699$0$29,300
LISA WAITEASC EXEC DIRECTOR-RIVER LANDING
Highest-paid employee
40$172,420$0$26,094
HANNA DAVISEXEC DIRECTOR-SCOTIA VILLAGE
Highest-paid employee
40$156,215$0$23,612
LORI HADDOCKCHAIRPERSON
Trustee or director, Officer
1$0$0$0
KATHRYN BILLINGSVICE CHAIRPERSON
Trustee or director, Officer
1$0$0$0
TIM CLONTZTREASURER
Trustee or director, Officer
1$0$0$0
WILLIAM C MCILWAINSECRETARY
Trustee or director, Officer
1$0$0$0
CANTEY ALEXANDERBOARD MEMBER
Trustee or director
1$0$0$0
10 more people on this return
NameTitleHours / weekCompensation
JANE BAKERBOARD MEMBER
Trustee or director
1$0
BOB CHANDLERBOARD MEMBER
Trustee or director
1$0
DAVID COULTERBOARD MEMBER
Trustee or director
1$0
WENDY GATLINBOARD MEMBER
Trustee or director
1$0
BARRY GOLDSTEINBOARD MEMBER
Trustee or director
1$0
LEIGH ANN KLEEBOARD MEMBER
Trustee or director
1$0
HAROLD MARTINBOARD MEMBER
Trustee or director
1$0
ALEXANDER L MAULTSBYBOARD MEMBER
Trustee or director
1$0
DAVID SPRINKLEBOARD MEMBER
Trustee or director
1$0
BEN ZURAWBOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2025: 26 people
NameTitleHours / weekCompensationOther / benefits
TIMOTHY WEBSTERPRESIDENT - CEO
Officer
40$677,575$37,207
STEPHEN FLEMINGPRESIDENT - CEO
Officer
40$534,571$26,324
CREIGHTON LOVVORNEXECUTIVE VICE PRESIDENT-COO
Key employee
40$466,386$32,443
K ALAN TUTTEROWCFO
Officer
40$410,135$15,138
JULIA HANOVERCFO
Officer
40$390,061$29,147
MARK COLLINSEXECUTIVE VICE PRESIDENT-DIRECTOR
Key employee
40$282,888$31,461
ARNOLD THOMPSONDIRECTOR OF FINANCE
Highest-paid employee
40$276,038$34,226
LAURA LOWEEXECUTIVE VICE PRESIDENT, MARKETING AND SALES
Highest-paid employee
40$287,968$20,493
THOMAS SMITHEXEC DIRECTOR-RIVER LANDING
Highest-paid employee
40$279,035$27,775
TIFFANY ROBERSONVICE PRESIDENT-HEALTHCARE OPERATIONS
Highest-paid employee
40$250,251$25,249
WILLIE LASHEXECUTIVE VICE PRES, IT SERVICES
Highest-paid employee
40$241,354$30,783
LORI HADDOCKCHAIRPERSON
Trustee or director, Officer
1$0$0
BEN ZURAWBOARD MEMBER
Trustee or director, Officer
1$0$0
DAVID SPRINKLEBOARD MEMBER
Trustee or director
1$0$0
HAROLD MARTINBOARD MEMBER
Trustee or director
1$0$0
LEIGH ANN KLEEBOARD MEMBER
Trustee or director
1$0$0
BARRY GOLDSTEINBOARD MEMBER
Trustee or director
1$0$0
WENDY GATLINBOARD MEMBER
Trustee or director
1$0$0
ALEXANDER L MAULTSBYBOARD MEMBER
Trustee or director
1$0$0
JANE BAKERBOARD MEMBER
Trustee or director
1$0$0
CANTEY ALEXANDERBOARD MEMBER
Trustee or director
1$0$0
DAVID COULTERBOARD MEMBER
Trustee or director
1$0$0
TIM CLONTZTREASURER
Trustee or director, Officer
1$0$0
WILLIAM C MCILWAINSECRETARY
Trustee or director, Officer
1$0$0
KATHRYN BILLINGSVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
BOB CHANDLERBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
TIMOTHY WEBSTERASSISTANT SECRETARY - CEO
Officer
37.5$631,310$36,275
CREIGHTON LOVVORNVICE PRESIDENT - COO
Key employee
37.5$430,890$31,687
JULIA HANOVERASSISTANT TREASURER - CFO
Officer
37.5$353,787$29,933
THOMAS SMITHEXECUTIVE DIRECTOR-RIVER L
Highest-paid employee
37.5$264,558$27,511
MARK COLLINSVICE PRESIDENT - DIRECTOR
Key employee
37.5$259,930$25,910
ARNOLD THOMPSONEXECUTIVE DIRECTOR-FRIENDS
Highest-paid employee
37.5$249,538$33,171
LAURA LOWEDIRECTOR OF MARKETING
Highest-paid employee
37.5$258,540$10,356
TIFFANY ROBERSONDIRECTOR OF HEALTH SERVICE
Highest-paid employee
37.5$231,428$26,197
LORI HADDOCKCHAIRPERSON
Trustee or director, Officer
1$0$0
ALEXANDER L MAULTSBYVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
WILLIAM C MCILWAINSECRETARY
Trustee or director, Officer
1$0$0
LEIGH ANN KLEETREASURER
Trustee or director, Officer
1$0$0
DAVID COULTERIMMEDIATE PAST CHAIR
Trustee or director
1$0$0
DOUG BROWNBOARD MEMBER
Trustee or director
1$0$0
ANGELA BUTLERBOARD MEMBER
Trustee or director
1$0$0
MAC DOUBLESBOARD MEMBER
Trustee or director
1$0$0
BUBBA JUDYBOARD MEMBER
Trustee or director
1$0$0
CONNIE LASTERBOARD MEMBER
Trustee or director
1$0$0
D HECTOR MCEACHERNBOARD MEMBER
Trustee or director
1$0$0
CORINNE NICHOLSONBOARD MEMBER
Trustee or director
1$0$0
STEVE ROYALBOARD MEMBER
Trustee or director
1$0$0
BILL SMITHBOARD MEMBER
Trustee or director
1$0$0
CHRISTOPHER B TAYLORBOARD MEMBER
Trustee or director
1$0$0
EDDIE WILLIFORDBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
TIMOTHY WEBSTERASSISTANT SECRETARY - CEO
Officer
37.5$526,459$36,180
CREIGHTON LOVVORNVICE PRESIDENT - COO
Key employee
37.5$373,810$33,352
JULIA HANOVERASSISTANT TREASURER - CFO
Officer
37.5$315,145$29,057
THOMAS SMITHEXECUTIVE DIRECTOR-RIVER L
Highest-paid employee
37.5$232,335$28,055
ARNOLD THOMPSONEXECUTIVE DIRECTOR-FRIENDS
Highest-paid employee
37.5$223,219$30,789
LAURA LOWEDIRECTOR OF MARKETING
Highest-paid employee
37.5$230,903$11,741
MARK COLLINSVICE PRESIDENT - DIRECTOR
Key employee
37.5$219,694$21,992
TIFFANY ROBERSONDIRECTOR OF HEALTH SERVICE
Highest-paid employee
37.5$198,770$23,667
SEAN STOWERSDIRECTOR OF INFORMATION TECHNOLOGY
Highest-paid employee
37.5$197,183$19,720
LORI HADDOCKCHAIRPERSON
Trustee or director, Officer
1$0$0
ALEXANDER L MAULTSBYVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
WILLIAM C MCILWAINSECRETARY
Trustee or director, Officer
1$0$0
LEIGH ANN KLEETREASURER
Trustee or director, Officer
1$0$0
DAVID COULTERBOARD MEMBER
Trustee or director
1$0$0
DOUG BROWNBOARD MEMBER
Trustee or director
1$0$0
ANGELA BUTLERBOARD MEMBER
Trustee or director
1$0$0
MAC DOUBLESBOARD MEMBER
Trustee or director
1$0$0
BUBBA JUDYBOARD MEMBER
Trustee or director
1$0$0
CONNIE LASTERBOARD MEMBER
Trustee or director
1$0$0
D HECTOR MCEACHERNBOARD MEMBER
Trustee or director
1$0$0
DEBRA PAPPASBOARD MEMBER
Trustee or director
1$0$0
CORINNE NICHOLSONBOARD MEMBER
Trustee or director
1$0$0
STEVE ROYALBOARD MEMBER
Trustee or director
1$0$0
BILL SMITHBOARD MEMBER
Trustee or director
1$0$0
CHRISTOPHER B TAYLORBOARD MEMBER
Trustee or director
1$0$0
EDDIE WILLIFORDBOARD MEMBER
Trustee or director
1$0$0
GREG WOODBOARD MEMBER
Trustee or director
1$0$0
ALEXANDER WRENNBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5603 NEW GARDEN VILLAGE DR, GREENSBORO, NC 27410-8595
In care of
% RHONDA CUMMONS
Principal officer (990 for 2025)
TIMOTHY J WEBSTER, 5603 NEW GARDEN VILLAGE DRIVE, GREENSBORO, NC 27410
Signed the 990
K ALAN TUTTEROW, CFO
Phone
(336) 886-6553
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

THE MISSION OF THE PRESBYTERIAN HOMES DBA BRIGHTSPIRE IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF THOSE WE SERVE. THE PRESBYTERIAN HOMES DBA BRIGHTSPIRE PROVIDES SENIOR ADULTS WITH CARING AND HIGH QUALITY SERVICES IN SUPPORT OF THEIR PHYSICAL, INTELLECTUAL, SOCIAL AND SPIRITUAL WELL-BEING.

990 for the year ended December 31, 2025

Program accomplishments

  • THE PRESBYTERIAN HOMES, INC. DBA BRIGHTSPIRE PROVIDES RESIDENTIAL ASSISTED LIVING AND NURSING CARE FOR APPROXIMATELY 888 SENIOR ADULT RESIDENTS. SERVICES INCLUDE HOUSEKEEPING, FOOD SERVICE, MEDICAL AND OTHER SUPPORT SERVICES IN A CONTINUING CARE COMMUNITY.
    Expenses $13,934,212 · grants $477,997 · revenue $18,687,830

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
56-0564344
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)
Group exemption
Exempt since
1991
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Group exemption
8627 (1 member organizations)
Assets (IRS master file)
$270,632,746
Income (IRS master file)
$89,280,858

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$22,093,236$22,191,093$270,769,704XML
990-TDecember 2025–––IRS
990September 2025$77,036,110$60,034,300$270,632,746XML
990-TSeptember 2025–––IRS
990September 2024$73,497,043$59,363,114$262,843,503XML
990-TSeptember 2024–––IRS
990September 2023$65,685,113$60,438,776$244,275,349XML
990-TSeptember 2023–––IRS
990September 2022$60,268,413$53,641,782$239,360,172IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 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 56-0564344).

Questions about PRESBYTERIAN HOMES INC

What is the EIN of PRESBYTERIAN HOMES INC?
The employer identification number (EIN) of PRESBYTERIAN HOMES INC is 56-0564344.
Is PRESBYTERIAN HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to PRESBYTERIAN HOMES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does PRESBYTERIAN HOMES 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 PRESBYTERIAN HOMES INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESBYTERIAN HOMES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PRESBYTERIAN HOMES INC?
The 990 for the year ended December 31, 2025 names TIMOTHY J WEBSTER.
Who are the officers and directors of PRESBYTERIAN HOMES INC?
The 990 for the year ended December 31, 2025 lists 25 people; 5 received compensation from the organization.
How much revenue does PRESBYTERIAN HOMES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $22,093,236, expenses of $22,191,093 and total assets of $270,769,704 at year end.

Organizations in its group exemption (1)

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