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Nonprofiteer
← PENICK VILLAGE INC

Form 990 for tax year 2024

Filed by PENICK VILLAGE INC.

Totals

Total revenue
$24,053,313
Total expenses
$22,357,141
Contributions and grants received
$2,075,112
Grants paid
$0
Program service revenue
$21,314,988
Investment income
$663,213
Other revenue
$0
Total assets, end of year
$156,537,408
Total liabilities, end of year
$142,893,565
Net assets or fund balances, end of year
$13,643,843
Program services expenses (Part IX)
$16,825,268
Management and general expenses
$5,231,751
Fundraising expenses
$300,122
Program service expenses (Part III)
$16,825,268

Program services were 75.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • FRANK QUIS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • MICAH NEIBAUER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOHN FRIZZELL

    IMMEDIATE PAST CHAIR & TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JACKLYNN LESNIAK

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • LANCE CRAIG

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ANNE HOCUTT

    RESIDENT DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM LEWIS

    RESIDENT DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARSHA COLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOANNE DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN EARP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JORGE HIDALGO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • REV J CARR HOLLAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GARY KRASICKY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MIKE PENICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHERRY PRICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WAYNE ROBBINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARY RECA TODD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALVA CROMARTIE

    CEO

    Total calculated
    $348,897
    From this org
    $298,773
    From related orgs
    $0
    Other
    $50,124
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $263,960
    Bonus
    $34,813
    Other
    $0
    Deferred
    $6,269
    Nontaxable benefits
    $43,855
    Filer's total
    $348,897

  • CHRISTOPHER MOONEY

    CFO

    Total calculated
    $266,415
    From this org
    $253,389
    From related orgs
    $0
    Other
    $13,026
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $226,417
    Bonus
    $26,972
    Other
    $0
    Deferred
    $3,031
    Nontaxable benefits
    $9,995
    Filer's total
    $266,415

  • CARRIE DUGAS

    CHIEF OPERATING OFFICER

    Total calculated
    $170,764
    From this org
    $167,245
    From related orgs
    $0
    Other
    $3,519
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,845
    Bonus
    $26,400
    Other
    $0
    Deferred
    $3,519
    Nontaxable benefits
    $0
    Filer's total
    $170,764

  • PANSY REYNOLDS

    HEALTHCARE ADMINISTRATOR

    Total calculated
    $154,138
    From this org
    $123,860
    From related orgs
    $0
    Other
    $30,278
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $106,355
    Bonus
    $17,505
    Other
    $0
    Deferred
    $3,021
    Nontaxable benefits
    $27,257
    Filer's total
    $154,138

  • WENDY FARRELL

    DIRECTOR OF SALES & MARKETING

    Total calculated
    $128,954
    From this org
    $124,466
    From related orgs
    $0
    Other
    $4,488
    Hours/week
    40

  • JONATHAN DEBERRY

    DIRECTOR OF FACILITY SERVICES

    Total calculated
    $132,011
    From this org
    $118,826
    From related orgs
    $0
    Other
    $13,185
    Hours/week
    40

  • JENNIFER POLLARD

    DIRECTOR OF HOME AND COMMUNITY SERVICES

    Total calculated
    $132,609
    From this org
    $113,520
    From related orgs
    $0
    Other
    $19,089
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
ELIGIBLE LEADERSHIP TEAM MEMBERS MAY EARN AN ANNUAL INCENTIVE OF UP TO 10% OF THEIR ANNUAL BASE SALARY. MEMBERS OF THE EXECUTIVE LEADERSHIP TEAM (C-SUITE) MAY EARN AN ANNUAL INCENTIVE OF UP TO 15% OF THEIR ANNUAL BASE SALARY. THE ANNUAL INCENTIVE IS BASED ON MEETING ORGANZATION-WIDE STRATEGIC GOALS, AS APPROVED BUT THE EXECUTIVE COMMITTEE AND/OR BOARD OF DIRECTORS AT THE BEGINNING OF THE PERFORMANCE YEAR, AS WELL AS INDIVIDUAL PERFORMANCE GOALS DEVELOPED IN COLLABORATION WITH THE EMPLOYEE'S SUPERVISOR AND REVIEWED BY THE CHIEF EXECUTIVE OFFICER. FOLLOWING COMPLETION OF PERFORMANCE EVALUATIONS, MANAGEMENT PRESENTS THE RECOMMENDED INCENTIVE PAYMENTS TO THE EXECTUTIVE COMMITTEE AND/OR BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • JA GREER GROUP LLC

    RENTAL · NC · income $201,719 · assets $4,052,309

    Directly controlled by PENICK VILLAGE

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202642269349302579

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