Nonprofit · EIN 56-0614176
DEERFIELD EPISCOPAL RETIREMENT COMM INC
Tax-exempt · ASHEVILLE, NC 28803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $55,909,916 | $44,614,603 | $11,295,313 | $294,807,288 | $173,393,774 | $121,413,514 |
| September 30, 2024 | 990 | $47,029,081 | $42,270,716 | $4,758,365 | $268,237,933 | $160,384,058 | $107,853,875 |
| September 30, 2023 | 990 | $45,645,787 | $40,888,792 | $4,756,995 | $252,466,839 | $161,003,740 | $91,463,099 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,177,634
- of which government grants
- $1,726,090
- Program service revenue
- $44,114,710
- Investment income
- $9,098,753
- Net gain from sales of assets
- $5,203,425
- Net income from sales of inventory
- $495
- Other revenue
- $518,819
Expenses
- Grants and similar amounts paid
- $148,199
- Compensation of officers, directors and key employees
- $1,480,165
- Other salaries and wages
- $15,908,312
- Salaries, compensation and benefits (total)
- $21,933,526
- Professional fundraising fees
- $0
- Legal fees
- $83,360
- Accounting fees
- $106,053
- Occupancy
- $3,850,220
- Travel
- $82,871
- Depreciation
- $7,285,804
- Program services (functional)
- $39,918,851
- Management and general (functional)
- $4,444,548
- Fundraising (functional)
- $251,204
Balance sheet and other
- Total assets, start of year
- $268,237,933
- Total assets, end of year
- $294,807,288
- Total liabilities, end of year
- $173,393,774
- Net assets, end of year
- $121,413,514
- Land, buildings and equipment
- $132,158,485
- Publicly traded securities
- $117,477,211
- Net assets without donor restrictions
- $111,465,653
- Net assets with donor restrictions
- $9,947,861
- Gross receipts
- $55,916,326
- Employees
- 491
- Volunteers
- 120
- Year formed
- 1955
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LIBBY BUSH | CEO Officer | 40 | $459,251 | $50,506 |
| ROBERT CHANDLER | CFO Officer | 40 | $318,056 | $31,179 |
| FAITH PERKINS | CHRO Officer | 40 | $267,020 | $21,286 |
| KEITH EINSMANN | COO Officer | 40 | $236,579 | $26,676 |
| MATT SHARPE | EXECUTIVE DIRECTOR Key employee | 40 | $199,259 | $5,978 |
| BRIAN KING | DIRECTOR OF HEALTH SERVICES Highest-paid employee | 40 | $170,844 | $25,605 |
| KATE PHILLIPS | DIRECTOR OF ACCOUNTING Highest-paid employee | 40 | $153,506 | $26,549 |
| CINDY CLAMPETT | DIRECTOR OF NURSING Highest-paid employee | 40 | $159,742 | $10,635 |
| KATHY FOSTER | DIRECTOR OF MARKETING Highest-paid employee | 40 | $139,733 | $14,827 |
| TARYN TINDALL | DIRECTOR OF WELLBEING Highest-paid employee | 40 | $135,079 | $14,687 |
| EUGENE CARR | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| GLENN MAYES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| REV TODD DONATELLI | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT KIEFFER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BILL CLONTZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRENDA NASH | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRIS DISMUKES | BOARD MEMBER Trustee or director | 2 | $0 |
| FRED KOON | BOARD MEMBER Trustee or director | 2 | $0 |
| JULIE TODD | BOARD MEMBER Trustee or director | 2 | $0 |
| KAREN KELLOW | BOARD MEMBER Trustee or director | 2 | $0 |
| LORI MCCANN | BOARD MEMBER Trustee or director | 2 | $0 |
| PAT PATTERSON | BOARD MEMBER Trustee or director | 2 | $0 |
| ROBA WHITELEY | BOARD MEMBER Trustee or director | 2 | $0 |
| THE RT REV JOSE MCLOUGHLIN | BOARD MEMBER Trustee or director | 2 | $0 |
| TOM OWENS | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Libby Bush | CEO Officer | 40 | $423,911 | $47,859 |
| Robert Chandler | CFO Officer | 40 | $317,184 | $143,873 |
| Matt Sharpe | COO Officer | 40 | $243,646 | $7,093 |
| Faith Perkins | CHRO Officer | 40 | $235,218 | $7,387 |
| Keith Einsmann | Chief Facilities Officer Officer | 40 | $179,122 | $30,696 |
| Brian King | Director of Health Services Highest-paid employee | 40 | $162,680 | $31,200 |
| Kate Phillips | Director of Accounting Highest-paid employee | 40 | $143,289 | $31,413 |
| Cindy Clampett | Director of Nursing Highest-paid employee | 40 | $149,821 | $11,603 |
| Kathy Foster | Director of Marketing Highest-paid employee | 40 | $132,431 | $15,576 |
| Taryn Tindall | Director of Wellbeing Highest-paid employee | 40 | $123,992 | $15,323 |
| Eugene Carr | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Glenn Mayes | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Rev Todd Donatelli | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Robert Kieffer | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Bill Clontz | Board Member Trustee or director | 2 | $0 | $0 |
| Brenda Nash | Board Member Trustee or director | 2 | $0 | $0 |
| Chris Dismukes | Board Member Trustee or director | 2 | $0 | $0 |
| Fred Koon | Board Member Trustee or director | 2 | $0 | $0 |
| John Fleming | Board Member Trustee or director | 2 | $0 | $0 |
| Karen Kellow | Board Member Trustee or director | 2 | $0 | $0 |
| Laurel Radley | Board Member Trustee or director | 2 | $0 | $0 |
| Lori McCann | Board Member Trustee or director | 2 | $0 | $0 |
| Roba Whiteley | Board Member Trustee or director | 2 | $0 | $0 |
| Suzanne Dawkins | Board Member Trustee or director | 2 | $0 | $0 |
| The Rt Rev Jose McLoughlin | Board Member Trustee or director | 2 | $0 | $0 |
| Tom Owens | Board Member Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT F WERNET JR | CEO (THROUGH SEPT. '22) Officer | 40 | $1,863,015 | $17,028 |
| ROBERT CHANDLER | CFO Officer | 40 | $269,586 | $133,768 |
| MATT SHARPE | COO Officer | 40 | $222,967 | $5,768 |
| KEITH EINSMANN | DIRECTOR OF FACILITIES Highest-paid employee | 40 | $162,873 | $21,400 |
| LIBBY BUSH | CEO (BEGINNING AUG. '22) Officer | 40 | $178,842 | $4,062 |
| BRIAN KING | DIRECTOR OF HEALTH & WELLN Highest-paid employee | 40 | $151,075 | $22,965 |
| KATHY FOSTER | DIRECTOR OF MARKETING Highest-paid employee | 40 | $133,099 | $13,416 |
| CINDY CLAMPETT | DIRECTOR OF NURSING Highest-paid employee | 40 | $127,370 | $9,423 |
| JEFF COVINGTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBA WHITELEY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN FLEMING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VIRGINIA TEMPLETON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GLENN MAYES | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ISAAC OWOLABI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LAUREL RADLEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| EUGENE CARR | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BILL CLONTZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUZANNE DAWKINS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRIS DISMUKES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| REV TODD DONATELLI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT KIEFFER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BRENDA NASH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAT BAKER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| THE RT REV JOSE MCLOUGHLIN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TOM OWENS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVE BROWN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1617 HENDERSONVILLE RD, ASHEVILLE, NC 28803-4129
- Principal officer (990 for 2024)
- ROBERT K CHANDLER, 1617 HENDERSONVILLE ROAD, ASHEVILLE, NC 28803
- Signed the 990
- ROBERT K CHANDLER, CFO
- Phone
- (828) 274-1531
- Website
- WWW.DEERFIELDWNC.ORG
- Return prepared by
- FORVIS MAZARS LLP
Mission
DEERFIELD IS FAITH-BASED, NONPROFIT, OPEN TO ALL, AND PROVIDES A CONTINUUM OF SERVICES TO EMPOWER RESIDENTS TO LIVE LIFE TO THE FULLEST. WE ENRICH THE LIVES OF THOSE WHO LIVE AND WORK AT DEERFIELD AND COMMIT TO BE A LEADER IN THE FIELD OF AGING SERVICES.
Program accomplishments
- DEERFIELD EPISCOPAL RETIREMENT COMMUNITY, INC. ("DEERFIELD"), A NORTH CAROLINA NONPROFIT CORPORATION, WAS ORGANIZED FOR THE PURPOSE OF OPERATING A CONTINUING CARE RETIREMENT COMMUNITY. DEERFIELD IS GOVERNED BY A BOARD OF DIRECTORS, WHICH IS COMPOSED OF INDEPENDENT CIVIC LEADERS WHO SERVE WITHOUT COMPENSATION. REV. RUL. 72-124, 1972-1 C.B. 145, SETS OUT REQUIREMENTS THAT "HOMES FOR THE AGED" MUST MEET TO QUALIFY FOR SECTION 501(C)(3) EXEMPTION. THE INTERNAL REVENUE SERVICE PROVIDED THE FOLLOWING REQUIREMENTS: (1) SATISFACTION OF THE NEED FOR HOUSING THROUGH THE PROVISION OF EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS, AND SIMILAR NEEDS OF AGED PERSONS; (2) SATISFACTION OF THE NEED FOR HEALTH CARE THROUGH PROVISION OF PHYSICAL AND MENTAL HEALTH SERVICES DIRECTLY OR THROUGH CONTINUING ARRANGEMENTS WITH OUTSIDE ORGANIZATIONS; AND (3) SATISFACTION OF THE NEED FOR FINANCIAL SECURITY THROUGH MAINTAINING IN RESIDENCE ANY PERSONS WHO BECOME UNABLE TO PAY THEIR REGULAR CHARGE AND THROUGH PROVIDING SERVICES AT THE LOWEST FEASIBLE COST. DEERFIELD SATISFIES ALL THREE REQUIREMENTS. IN CONJUNCTION WITH ITS COMMITMENT TO MAINTAINING PERSONS IN RESIDENCE WHO BECOME UNABLE TO PAY, DEERFIELD HAS ESTABLISHED A BENEVOLENT ASSISTANCE FUND, WHICH IS USED FOR THE EXCLUSIVE PURPOSE OF PROVIDING ASSISTANCE TO RESIDENTS IN NEED. SUCH RESIDENTS ARE IDENTIFIED BASED ON FINANCIAL INFORMATION OBTAINED FROM THE RESIDENT AND SUBSEQUENT REVIEW AND ANALYSIS. DURING THE YEAR ENDED SEPTEMBER 30, 2025 THE CHARGES FORGONE RELATED TO DEERFIELD'S BENEVOLENT ASSISTANCE PROGRAM WERE APPROXIMATELY $136,000. EXCEPT FOR SOME PRE-EXISTING FEE-FOR-SERVICE CONTRACTS, DEERFIELD OPERATES UNDER THE "LIFE CARE" CONCEPT WHEREBY RESIDENTS ENTER INTO AN AGREEMENT WITH THE ORGANIZATION THAT SPECIFIES THE SERVICES AND FACILITIES TO BE PROVIDED TO THE RESIDENT OVER HIS OR HER REMAINING LIFE. THE AGREEMENT REQUIRES PAYMENT OF A ONE-TIME ENTRANCE FEE AND DEERFIELD'S MONTHLY SERVICE FEES. UNDER THE AGREEMENT, DEERFIELD HAS THE ABILITY TO INCREASE FEES AS DEEMED NECESSARY. IN FURTHERANCE OF ITS CHARITABLE PURPOSE, DEERFIELD PROVIDES MEETING AND OFFICE SPACE FOR THREE NON-PROFIT ORGANIZATIONS ON ITS GROUNDS. THE ANNUAL RENTAL INCOME FOREGONE IS VALUED AT AN ESTIMATED $333,000 DURING THE YEAR ENDED SEPTEMBER 30, 2025. DEERFIELD ALSO PROVIDES NUMEROUS COMMUNITY BENEFITS WHICH INCLUDE CHARITABLE DONATIONS AND DONATED VOLUNTEER SERVICES IN THE AMOUNTS OF $1,782,000 DURING THE YEAR ENDED SEPTEMBER 30, 2025.Expenses $39,918,851 · grants $148,199 · revenue $44,114,710
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 56-0614176
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $294,807,288
- Income (IRS master file)
- $55,916,326
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $55,909,916 | $44,614,603 | $294,807,288 | XML |
| 990 | September 2024 | $47,029,081 | $42,270,716 | $268,237,933 | XML |
| 990 | September 2023 | $45,645,787 | $40,888,792 | $252,466,839 | XML |
| 990 | September 2022 | $43,307,731 | $38,230,037 | $241,626,533 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 56-0614176).
Questions about DEERFIELD EPISCOPAL RETIREMENT COMM INC
- What is the EIN of DEERFIELD EPISCOPAL RETIREMENT COMM INC?
- The employer identification number (EIN) of DEERFIELD EPISCOPAL RETIREMENT COMM INC is 56-0614176.
- Is DEERFIELD EPISCOPAL RETIREMENT COMM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to DEERFIELD EPISCOPAL RETIREMENT COMM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEERFIELD EPISCOPAL RETIREMENT COMM 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 DEERFIELD EPISCOPAL RETIREMENT COMM INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DEERFIELD EPISCOPAL RETIREMENT COMM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of DEERFIELD EPISCOPAL RETIREMENT COMM INC?
- The 990 for the year ended September 30, 2025 names ROBERT K CHANDLER.
- Who are the officers and directors of DEERFIELD EPISCOPAL RETIREMENT COMM INC?
- The 990 for the year ended September 30, 2025 lists 25 people; 10 received compensation from the organization, the highest $459,251 (LIBBY BUSH, CEO).
- How much revenue does DEERFIELD EPISCOPAL RETIREMENT COMM INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $55,909,916, expenses of $44,614,603 and total assets of $294,807,288 at year end.
Other nonprofits in ASHEVILLE
- GIVENS ESTATES INC EIN 51-0199312 · last filed 990 for 2024
- COMMUNITY ACTION OPPORTUNITIES EIN 56-0817672 · last filed 990 for 2025
- HELPMATE INC EIN 56-1276293 · last filed 990 for 2025
- COLABORATIVA LA MILPA EIN 20-8303608 · last filed 990 for 2024
- F I R S T EIN 56-2278402 · last filed 990 for 2025
- IRENE WORTHAM RESIDENTIAL CENTER INC EIN 56-1569395 · last filed 990 for 2025
- ACHIEVE WNC EIN 81-3036310 · last filed 990 for 2025
- JEWISH FAMILY SERVICES OF WNC INC EIN 45-2497063 · last filed 990 for 2025
All nonprofits in ASHEVILLE · North Carolina · Human services