Nonprofit · EIN 56-2205837
BAPTIST RETIREMENT HOMES FOUNDATION
Tax-exempt · WINSTON SALEM, NC 27116
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,163,764 | $2,824,396 | $2,339,368 | $50,826,269 | $13,880 | $50,812,389 |
| September 30, 2024 | 990 | $3,843,425 | $3,848,146 | -$4,721 | $45,176,642 | $12,454 | $45,164,188 |
| September 30, 2023 | 990 | $1,330,323 | $2,456,704 | -$1,126,381 | $39,730,118 | $1,463,306 | $38,266,812 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $3,266,321
- Program service revenue
- $0
- Investment income
- $1,897,443
- Net gain from sales of assets
- $948,063
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,663,128
- Other salaries and wages
- $209,610
- Salaries, compensation and benefits (total)
- $274,070
- Professional fundraising fees
- $0
- Accounting fees
- $1,050
- Travel
- $11,233
- Depreciation
- $7,306
- Program services (functional)
- $1,663,128
- Management and general (functional)
- $853,339
- Fundraising (functional)
- $307,929
Balance sheet and other
- Total assets, start of year
- $45,176,642
- Total assets, end of year
- $50,826,269
- Total liabilities, end of year
- $13,880
- Net assets, end of year
- $50,812,389
- Land, buildings and equipment
- $968,188
- Publicly traded securities
- $39,503,709
- Net assets without donor restrictions
- $35,770,737
- Net assets with donor restrictions
- $15,041,652
- Gross receipts
- $5,286,195
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2000
- 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 | Other / benefits |
|---|---|---|---|---|---|
| REED VANDERSLIK | ASST SECRETARY Officer | 4 | $0 | $406,216 | $50,893 |
| MICHAEL BRADY | ASST TREASURER Officer | 4 | $0 | $206,627 | $29,364 |
| KEVIN COOK | DIRECTOR OF DEVELOPMENT Officer | 36 | $0 | $38,040 | $7,798 |
| MARY MORGAN | CHAIR (THRU 12/24) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CLARENCE LAMBE | CHAIR (AS OF 12/24) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BETH JONES | DIRECTOR (AS OF 1/25) Trustee or director | 1 | $0 | $0 | $0 |
| CHARLOTTE COOK-SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROGER ROBERTSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELVIN SCALES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HENRY SKINNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| REED VANDERSLIK | ASST SECRETARY Officer | 4 | $0 | $384,611 | $48,222 |
| SCOTT FARKAS | ASST TREASURER THRU 9/26/23 Officer | 4 | $0 | $153,408 | $40,927 |
| MONIQUE FARRELL | DIRECTOR OF DEVELOPMENT Officer | 36 | $0 | $101,250 | $9,618 |
| MARY MORGAN | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLOTTE COOK-SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLARENCE LAMBE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROGER ROBERTSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MELVIN SCALES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HENRY SKINNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL BRADY | ASST TREASURER AS OF 2/12/24 Officer | 4 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| REED VANDERSLIK | ASST SECRETARY Officer | 4 | $0 | $373,130 | $56,449 |
| SCOTT FARKAS | ASST TREASURER Officer | 4 | $0 | $190,789 | $32,836 |
| MONIQUE FARRELL | DIRECTOR OF DEVELOPMENT Officer | 36 | $0 | $9,258 | $0 |
| SARAH MAYO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARY E MORGAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANET MULLANEY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HENRY SKINNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLARENCE LAMBE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11024, WINSTON SALEM, NC 27116-1024
- In care of
- % WILLIAM B STILLERMAN
- Principal officer (990 for 2024)
- REED A VANDERSLIK, PO BOX 11024, WINSTON SALEM, NC 27116
- Signed the 990
- MICHAEL J BRADY, CHIEF FINANCIAL OFFICER
- Phone
- (336) 725-0202
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
BAPTIST RETIREMENT HOMES FOUNDATION'S MISSION IS TO PRIMARILY SUPPORT THE BENEVOLENT MINISTRY OF THE BAPTIST RETIREMENT HOMES OF NORTH CAROLINA, INCORPORATED DBA THRIVEMORE
Program accomplishments
- BAPTIST RETIREMENT HOMES FOUNDATION'S MISSION IS TO PRIMARILY SUPPORT THE BENEVOLENT MINISTRY OF THE BAPTIST RETIREMENT HOMES OF NORTH CAROLINA, INCORPORATED DBA THRIVEMOREExpenses $1,663,128 · grants $1,663,128
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 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 56-2205837
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2000
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L112)
- Assets (IRS master file)
- $50,826,269
- Income (IRS master file)
- $5,286,195
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,163,764 | $2,824,396 | $50,826,269 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $3,843,425 | $3,848,146 | $45,176,642 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $1,330,323 | $2,456,704 | $39,730,118 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $4,268,416 | $634,186 | $38,117,881 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | 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 56-2205837).
Questions about BAPTIST RETIREMENT HOMES FOUNDATION
- What is the EIN of BAPTIST RETIREMENT HOMES FOUNDATION?
- The employer identification number (EIN) of BAPTIST RETIREMENT HOMES FOUNDATION is 56-2205837.
- Is BAPTIST RETIREMENT HOMES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to BAPTIST RETIREMENT HOMES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BAPTIST RETIREMENT HOMES FOUNDATION 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 BAPTIST RETIREMENT HOMES FOUNDATION 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 BAPTIST RETIREMENT HOMES FOUNDATION 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 BAPTIST RETIREMENT HOMES FOUNDATION?
- The 990 for the year ended September 30, 2025 names REED A VANDERSLIK.
- Who are the officers and directors of BAPTIST RETIREMENT HOMES FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does BAPTIST RETIREMENT HOMES FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,163,764, expenses of $2,824,396 and total assets of $50,826,269 at year end.
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