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Nonprofit · EIN 59-1719434

PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC

Tax-exempt · CONCORD, NC 28026

Financials

$4.4M$4.8M2023$4.4M$4.3M2024
Revenue Expenses · by fiscal year end
Financials of PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,371,168$4,285,182$85,986$1,922,421$450,349$1,472,072
June 30, 2024990$4,429,034$4,786,980-$357,946$1,832,813$446,727$1,386,086
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$85,180
Program service revenue
$4,269,170
Investment income
$7,548
Other revenue
$9,270

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,787,973
Salaries, compensation and benefits (total)
$3,285,908
Professional fundraising fees
$0
Accounting fees
$31,837
Occupancy
$75,556
Travel
$15,825
Depreciation
$43,488
Program services (functional)
$3,562,532
Management and general (functional)
$722,650

Balance sheet and other

Total assets, start of year
$1,832,813
Total assets, end of year
$1,922,421
Total liabilities, end of year
$450,349
Net assets, end of year
$1,472,072
Land, buildings and equipment
$629,557
Net assets without donor restrictions
$1,457,566
Net assets with donor restrictions
$14,506
Gross receipts
$4,371,168
Employees
112
Year formed
1976
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
LISA COXEXECUTIVE DI
Highest-paid employee
40$166,112
SHARON LIPKEFINANCE DIRE
Officer
40$140,000
PAULA FLANAGANBOARD CHAIR
Trustee or director
0.5$0
KATHLEEN SMITHVICE CHAIR
Trustee or director
0.5$0
JEAN HARGETTSECRETARY
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationOther / benefits
LISA COXEXECUTIVE DI
Highest-paid employee
40$182,394$5,488
SHARON LIPKEFINANCE DIRE
Key employee
40$168,258$5,048
PAULA FLANAGANBOARD CHAIR
Trustee or director
0.5$0$0
KATHLEEN SMITHVICE CHAIR
Trustee or director
0.5$0$0
JEAN HARGETTSECRETARY
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 909, CONCORD, NC 28026-0909
Principal officer (990 for 2024)
SHARON LIPKE, PO BOX 909, CONCORD, NC 28026
Signed the 990
SHARON LIPKE, FINANCE DIRECTOR
Phone
(704) 788-2304
Return prepared by
ACCOUNTING MANAGEMENT SOLUTIONS LLC

Mission

PIEDMONT RESIDENTIAL DEVELOPMENT CENTER, INC. SERVES INTELLECTUALLY AND PHYSICALLY DISABLED CHILDREN AND ADULTS. PRDC PROVIDES LONG-TERM DEVELOPMENT, EDUCATIONAL, THERAPEUTIC, NURSING, AND MEDICAL CARE.

990 for the year ended June 30, 2025

Program accomplishments

  • BOST CHILDREN'S CENTER PROVIDES LONG-TERM DEVELOPMENTAL, EDUCATIONAL, THERAPEUTIC, MEDICAL AMD NURSING CARE FOR SEVERELY AND PROFOUNDLY HANDICAPPED INDIVIDUALS.
    Expenses $1,287,685
  • WILHELM PLACE HOME PROVIDES LONG-TERM DEVELOPMENTAL, EDUCATIONAL, THERAPEUTIC, MEDICAL AND NURSING CARE FOR SEVERELY AND PROFOUNDLY HANDICAPPED INDIVIDUALS.
    Expenses $776,780
  • CHRISTY WOODS HOME PROVIDES LONG-TERM DEVELOPMENTAL, EDUCATIONAL, THERAPEUTIC, MEDICAL, AND NURSING CARE FOR SEVERELY AND PROFOUNDLY HANDICAPPED INDIVIDUALS.
    Expenses $758,302
  • MICHIGAN STREET HOME PROVIDES LONG-TERM DEVELOPMENTAL, EDUCATIONAL, THERAPEUTIC, MEDICAL AND NURSING CARE FOR SEVERELY AND PROFOUNDLY HANDICAPPED INDIVIDUALS.
    Expenses $739,765

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
59-1719434
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
1977
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,922,421
Income (IRS master file)
$4,371,168

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,371,168$4,285,182$1,922,421XML
990June 2024$4,429,034$4,786,980$1,832,813XML
990June 2023$4,394,988$4,177,258$2,199,618IRS
990June 2022–––IRS
990June 2021–––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 59-1719434).

Questions about PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC

What is the EIN of PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC?
The employer identification number (EIN) of PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC is 59-1719434.
Is PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PIEDMONT RESIDENTIAL DEVELOPMENT 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 PIEDMONT RESIDENTIAL DEVELOPMENT CENTER 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 PIEDMONT RESIDENTIAL DEVELOPMENT CENTER 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 PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC?
The 990 for the year ended June 30, 2025 names SHARON LIPKE.
Who are the officers and directors of PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC?
The 990 for the year ended June 30, 2025 lists 5 people; 2 received compensation from the organization, the highest $166,112 (LISA COX, EXECUTIVE DI).
How much revenue does PIEDMONT RESIDENTIAL DEVELOPMENT CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,371,168, expenses of $4,285,182 and total assets of $1,922,421 at year end.

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