Nonprofit · EIN 56-1273797
BIG ELM RETIREMENT CENTER INC
Tax-exempt · KANNAPOLIS, NC 28081
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $244,464 | $266,657 | -$22,193 | $1,316,826 | $404 | $1,316,422 |
| September 30, 2024 | 990 | $274,747 | $303,300 | -$28,553 | $1,339,168 | $553 | $1,338,615 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $49,117
- Program service revenue
- $0
- Investment income
- $7,296
- Net rental income
- $188,051
- Other revenue
- $188,051
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $67,686
- Other salaries and wages
- $50,430
- Salaries, compensation and benefits (total)
- $143,237
- Professional fundraising fees
- $0
- Legal fees
- $3,710
- Accounting fees
- $1,525
- Occupancy
- $19,932
- Travel
- $12,625
- Depreciation
- $8,125
- Program services (functional)
- $177,708
- Management and general (functional)
- $88,949
Balance sheet and other
- Total assets, start of year
- $1,339,168
- Total assets, end of year
- $1,316,826
- Total liabilities, end of year
- $404
- Net assets, end of year
- $1,316,422
- Land, buildings and equipment
- $719,457
- Gross receipts
- $514,999
- Employees
- 5
- Volunteers
- 6
- Year formed
- 1979
- 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 | From related orgs |
|---|---|---|---|---|
| Rebecca Barnes | Executive Director Key employee | 40 | $15,242 | $52,444 |
| Pat Palmquist | President Officer | 2 | $0 | $0 |
| Gary Holman | Director Trustee or director | 2 | $0 | $0 |
| John Taylor | Chairman Officer | 2 | $0 | $0 |
| Sam Crisp | Director Trustee or director | 2 | $0 | $0 |
| Larry Ballard | Director Trustee or director | 2 | $0 | $0 |
| Don Newton | Director Trustee or director | 2 | $0 | $0 |
| Greg Sloop | Director Trustee or director | 2 | $0 | $0 |
| Rebecca Osborne | Director Trustee or director | 2 | $0 | $0 |
| Eddie Heglar | Director Trustee or director | 2 | $0 | $0 |
| Steve Owens | Director Trustee or director | 2 | $0 | $0 |
| Judy Palmquist | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Rebecca Barnes | Executive Director Key employee | 40 | $15,242 | $65,652 |
| Pat Palmquist | President Officer | 2 | $0 | $0 |
| Gary Holman | Director Trustee or director | 2 | $0 | $0 |
| John Taylor | Chairman Officer | 2 | $0 | $0 |
| Sam Crisp | Director Trustee or director | 2 | $0 | $0 |
| Larry Ballard | Director Trustee or director | 2 | $0 | $0 |
| Don Newton | Director Trustee or director | 2 | $0 | $0 |
| Greg Sloop | Director Trustee or director | 2 | $0 | $0 |
| Rebecca Osborne | Director Trustee or director | 2 | $0 | $0 |
| Eddie Heglar | Director Trustee or director | 2 | $0 | $0 |
| Steve Owens | Director Trustee or director | 2 | $0 | $0 |
| Judy Palmquist | Director Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 905 MCKNIGHT ST, KANNAPOLIS, NC 28081-9381
- Principal officer (990 for 2024)
- John E Taylor, PO Box 190, Kannapolis, NC 28082
- Signed the 990
- John E Taylor, Chairman
- Phone
- (704) 933-5862
- Return prepared by
- Trexler Watson Thompson & Dunn PLLC
Mission
Outreach ministry to indigent, aged, and needy
Program accomplishments
- Rental of the facilities for the benefit of the sick, aged or needy persons and offering an outreach ministry to the indigent, aged or needy persons and such other charitable and religious purposes within the community served in furtherance of the charitable and religious purposes of the Church.Expenses $177,708 · revenue $244,464
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
- 56-1273797
- 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
- 1980
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,316,826
- Income (IRS master file)
- $514,999
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $244,464 | $266,657 | $1,316,826 | XML |
| 990 | September 2024 | $274,747 | $303,300 | $1,339,168 | XML |
| 990 | September 2023 | $294,804 | $295,671 | $1,367,647 | IRS |
| 990 | September 2022 | $289,088 | $308,198 | $1,368,035 | 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 56-1273797).
Questions about BIG ELM RETIREMENT CENTER INC
- What is the EIN of BIG ELM RETIREMENT CENTER INC?
- The employer identification number (EIN) of BIG ELM RETIREMENT CENTER INC is 56-1273797.
- Is BIG ELM RETIREMENT CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to BIG ELM RETIREMENT CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BIG ELM RETIREMENT CENTER 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 BIG ELM RETIREMENT CENTER 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 BIG ELM RETIREMENT CENTER 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 BIG ELM RETIREMENT CENTER INC?
- The 990 for the year ended September 30, 2025 names John E Taylor.
- Who are the officers and directors of BIG ELM RETIREMENT CENTER INC?
- The 990 for the year ended September 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $15,242 (Rebecca Barnes, Executive Director).
- How much revenue does BIG ELM RETIREMENT CENTER INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $244,464, expenses of $266,657 and total assets of $1,316,826 at year end.
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