Totals
- Total revenue
- $115,589,948
- Total expenses
- $114,846,596
- Contributions and grants received
- $2,071,387
- Grants paid
- $0
- Program service revenue
- $111,717,205
- Investment income
- $1,022,062
- Other revenue
- $779,294
- Total assets, end of year
- $59,624,587
- Total liabilities, end of year
- $26,900,307
- Net assets or fund balances, end of year
- $32,724,280
- Program services expenses (Part IX)
- $93,495,389
- Management and general expenses
- $21,351,207
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $93,495,389
Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$914,554
-
1f · All other contributions, gifts and grants
$1,156,833
-
2a · Program service revenue: MEDICAID PAYMENTS
total $84,420,619 · related or exempt $84,420,619
-
2b · Program service revenue: MENTAL HEALTH
total $15,865,094 · related or exempt $15,865,094
-
2c · Program service revenue: RESIDENT RENT
total $6,165,648 · related or exempt $6,165,648
-
2d · Program service revenue: INSURANCE PAYMENTS
total $1,818,135 · related or exempt $1,818,135
-
2e · Program service revenue: MEDICARE PAYMENTS
total $1,539,214 · related or exempt $1,539,214
-
2f · All other program service revenue
total $1,908,495 · related or exempt $1,908,495
-
3 · Investment income
total $757,660 · excluded $757,660
-
6a · Gross rents
real property $139,761
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $139,761
-
6d · Net rental income or loss
total $139,761 · related or exempt $139,761
-
7a · Gross sales of assets other than inventory
securities $16,290,205 · other assets $686,594
-
7b · Less cost or other basis and sales expenses
securities $16,172,959 · other assets $539,438
-
7c · Gain or loss
securities $117,246 · other assets $147,156
-
7d · Net gain or loss
total $264,402 · excluded $264,402
-
8a · Fundraising events: gross income
$380,017
-
8b · Fundraising events: direct expenses
$46,644
-
8c · Net income from fundraising events
total $333,373 · excluded $333,373
-
10a · Gross sales of inventory
$63,528
-
10b · Cost of goods sold
$14,052
-
10c · Net income from sales of inventory
total $49,476 · related or exempt $49,476
-
11a · Other revenue: OTHER REVENUE
total $227,267 · related or exempt $227,267
-
11b · Other revenue: INTEREST SUBSIDY
total $29,417 · related or exempt $29,417
-
11e · Other revenue, total
$256,684
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $2,526,752 · management and general $2,526,752
-
7 · Other salaries and wages
total $72,549,832 · program services $63,466,650 · management and general $9,083,182
-
9 · Other employee benefits
total $7,357,847 · program services $5,280,617 · management and general $2,077,230
-
10 · Payroll taxes
total $6,310,128 · program services $5,391,857 · management and general $918,271
-
11a · Fees: management
total $7,930 · management and general $7,930
-
11b · Fees: legal
total $687,364 · management and general $687,364
-
11c · Fees: accounting
total $211,662 · management and general $211,662
-
11f · Fees: investment management
total $58,941 · management and general $58,941
-
11g · Fees: other
total $84,961 · program services $77,946 · management and general $7,015
-
12 · Advertising and promotion
total $345,916 · program services $86,210 · management and general $259,706
-
13 · Office expenses
total $253,386 · program services $134,647 · management and general $118,739
-
16 · Occupancy
total $4,000,190 · program services $3,929,256 · management and general $70,934
-
17 · Travel
total $440,493 · program services $385,305 · management and general $55,188
-
19 · Conferences, conventions and meetings
total $1,199,970 · program services $1,074,766 · management and general $125,204
-
20 · Interest
total $90,141 · program services $78,078 · management and general $12,063
-
22 · Depreciation, depletion and amortization
total $1,179,267 · program services $1,080,827 · management and general $98,440
-
23 · Insurance
total $1,114,556 · program services $768,188 · management and general $346,368
-
24a · Other expenses: CONTRACT SERVICES
total $6,584,088 · program services $2,476,202 · management and general $4,107,886
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $1,837,565 · program services $1,752,693 · management and general $84,872
-
24c · Other expenses: FOOD AND PROVISIONS
total $1,538,084 · program services $1,491,202 · management and general $46,882
-
24d · Other expenses: BAD DEBT EXPENSE
total $1,122,511 · program services $1,122,511
-
24e · All other expenses
total $5,345,012 · program services $4,898,434 · management and general $446,578
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,000 · end of year $850
-
2 · Savings and temporary cash investments
beginning of year $13,314,896 · end of year $9,605,461
-
3 · Pledges and grants receivable
beginning of year $2,000,000 · end of year $0
-
4 · Accounts receivable
beginning of year $7,681,654 · end of year $7,895,624
-
9 · Prepaid expenses and deferred charges
beginning of year $647,131 · end of year $895,946
-
10a · Land, buildings and equipment: cost or other basis
$22,017,333
-
10b · Land, buildings and equipment: accumulated depreciation
$12,508,921
-
10c · Land, buildings and equipment, net
beginning of year $10,087,254 · end of year $9,508,412
-
11 · Investments: publicly traded securities
beginning of year $12,218,156 · end of year $19,428,026
-
15 · Other assets
beginning of year $11,223,740 · end of year $12,290,268
-
17 · Accounts payable and accrued expenses
beginning of year $9,644,577 · end of year $9,519,321
-
19 · Deferred revenue
beginning of year $3,431,525 · end of year $4,337,145
-
23 · Secured mortgages and notes payable
beginning of year $12,141,989 · end of year $12,728,165
-
25 · Other liabilities
beginning of year $267,028 · end of year $315,676
-
27 · Net assets without donor restrictions
beginning of year $27,872,671 · end of year $29,839,728
-
28 · Net assets with donor restrictions
beginning of year $3,816,041 · end of year $2,884,552
Mission and programs · 2024
Mission
MONARCH IS COMMITTED TO SUPPORTING, EDUCATING AND EMPOWERING PEOPLE WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES, MENTAL ILLNESS, AND SUBSTANCE USE DISORDERS TO CHOOSE AND ACHIEVE WHAT IS IMPORTANT TO THEM. WE PROVIDE RESIDENTIAL, DAY/EMPLOYMENT, BEHAVIORAL HEALTH OUTPATIENT THERAPY AND OTHER PERIODIC SERVICES, CRISIS SERVICES, ASSERTIVE COMMUNITY TREATMENT TEAMS AND VARIOUS OTHER COMMUNITY SERVICES FOR PEOPLE WITH INTELLECTUAL/DEVELOPMENTAL DISABILITIES, MENTAL ILLNESS AND SUBSTANCE USE DISORDERS. SERVING CHILDREN, ADULTS, AND FAMILIES, WE FOCUS ON INDEPENDENCE, GROWTH, AND RECOVERY AS APPROPRIATE.
Activities or mission (Part I)
SEE RESPONSE FOR PART III, LINE 1, BELOW FOR MISSION STATEMENT.
-
MONARCH BEHAVIORAL HEALTH SERVICES: MONARCH PROVIDES OUTPATIENT THERAPY (INDIVIDUAL, FAMILY, GROUP), MEDICATION MANAGEMENT, PEER SUPPORTS, INTENSIVE IN-HOME, COMMUNITY SUPPORTS,TARGETED CASE MANAGEMENT, FACILITY BASED CRISIS, MOBILE CRISIS, ACTT, DWI SERVICES, AND PSYCHIATRIC SERVICES. 25,921 PATIENTS WERE SERVED IN THE CURRENT YEAR.
Expenses $39,599,680 · Revenue $45,050,535
-
MONARCH RESIDENTIAL SERVICES: MONARCH MANAGES SMALL GROUP HOMES (2-9 PEOPLE), APARTMENT PROGRAMS AND COMPLEXES, ALONG WITH INDEPENDENT LIVING IN THE COMMUNITY FOR PEOPLE WHO HAVE INTELLECTUAL/DEVELOPMENTAL DISABILITIES OR MENTAL ILLNESS. GROUP HOME SETTINGS PROVIDE 24 HOUR SUPERVISION. SITES ACCESS QUALIFIED PROFESSIONALS, NURSES, PHYSICIANS, VARIOUS THERAPISTS, DIETICIANS, PSYCHOLOGISTS OR PSYCHIATRIC SERVICES AS NEEDED. APARTMENT PROGRAMS AND SUPPORTS IN THE COMMUNITY MAY BE 24 HOUR OR PERIODIC. PERSON CENTER PLANS ARE DEVELOPED AND IMPLEMENTED BASED ON AN INDIVIDUAL'S DREAMS, VALUES AND FAMILY CULTURE TO CREATE GOALS FOR GREATER INDEPENDENCE AT HOME AND IN THE COMMUNITY. 477 PATIENTS WERE SERVED IN THE CURRENT YEAR.
Expenses $41,854,192 · Revenue $52,177,603
-
MONARCH DAY/EMPLOYMENT/PERIODIC SERVICES: MONARCH PROVIDES A VARIETY OF DAY/EMPLOYMENT SERVICES INCLUDING SUPPORTED EMPLOYMENT, MICRO-ENTERPRISE, AND JOB DEVELOPMENT TO HELP PEOPLE BECOME EMPLOYED. VOLUNTEERING AND COMMUNITY INVOLVEMENT WITH SKILLS DEVELOPMENT ASSIST THOSE WHO CHOOSE NOT TO WORK YET, FOR VARIOUS REASONS. WHEN NEEDED, DAY SUPPORTS CAN ALSO PROVIDE ASSISTANCE IN GAINING HIGHER EDUCATION. PERSON CENTER PLANS ARE DEVELOPED AND IMPLEMENTED BASED ON AN INDIVIDUAL'S DREAMS, VALUES AND FAMILY CULTURE TO CREATE GOALS FOR GREATER INDEPENDENCE AT HOME AND IN THE COMMUNITY. 1,065 PATIENTS WERE SERVED IN THE CURRENT YEAR.
Expenses $9,491,527 · Revenue $11,307,388
-
NC MEDICAID IS COMMITTED TO EFFECTIVELY MANAGING PATIENTS MEDICAL, SOCIAL AND BEHAVIORAL CONDITIONS THROUGH A TEAMBASED, PERSONCENTERED APPROACH CALLED CARE MANAGEMENT. ALL MEDICAID ENROLLEES WILL HAVE ACCESS TO APPROPRIATE CARE MANAGEMENT AND COORDINATION SUPPORT ACROSS MULTIPLE SETTINGS OF CARE, INCLUDING A STRONG BASIS IN PRIMARY CARE AND CONNECTIONS TO SPECIALTY CARE AND COMMUNITYBASED RESOURCES. ENROLLEES WITH HIGH MEDICAL, BEHAVIORAL OR SOCIAL NEEDS SHOULD HAVE ACCESS TO A PROGRAM OF CARE MANAGEMENT THAT INCLUDES THE INVOLVEMENT OF A MULTIDISCIPLINARY CARE TEAM AND THE DEVELOPMENT OF A WRITTEN CARE PLAN. LOCAL CARE MANAGEMENT (CARE MANAGEMENT PERFORMED AT THE SITE OF CARE, IN THE HOME, OR IN THE COMMUNITY WHERE FACETOFACE INTERACTION IS POSSIBLE) IS THE PREFERRED APPROACH, BUILDING ON THE STRENGTHS OF THE CURRENT CARE MANAGEMENT STRUCTURE. CARE MANAGERS WILL HAVE ACCESS TO TIMELY AND COMPLETE ENROLLEELEVEL INFORMATION. AS PART OF CARE MANAGEMENT AND CARE COORDINATION, ENROLLEES WILL HAVE ACCESS TO DIRECT LINKAGES TO PROGRAMS AND SERVICES THAT ADDRESS UNMET HEALTHRELATED RESOURCE NEEDS AFFECTING SOCIAL DETERMINANTS OF HEALTH, ALONG WITH FOLLOWUP AND ONGOING PLANNING. CARE MANAGEMENT ACTIVITIES WILL ALIGN WITH OVERALL STATEWIDE PRIORITIES FOR ACHIEVING QUALITY OUTCOMES AND VALUE. 1,340 PATIENTS WERE SERVED IN THE CURRENT YEAR.ANCILLARY PROGRAM SERVICE REVENUE INCLUDING RENTS, SALES OF INVENTORY & REFUNDS / REIMBURSEMENTS RELATED TO EXEMPT PURPOSE.
Expenses $2,549,990 · Revenue $3,627,600
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kent EarnhardtKENT EARNHARDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff IrvinJEFF IRVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Theresa Hall-KendrickTHERESA HALL-KENDRICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amie BrendleAMIE BRENDLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth UnderwoodELIZABETH UNDERWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah StarkDEBORAH STARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andy StarzeckiANDY STARZECKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alexis G BudgeALEXIS G BUDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Caroletta Metcalf DanielsCAROLETTA METCALF DANIELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jay CharlesJAY CHARLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
K Michael ShambergerK MICHAEL SHAMBERGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kara S GuerrieroKARA S GUERRIERO
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Duncan E MunnDUNCAN E MUNN
BOARD DEV CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
William AustinWILLIAM AUSTIN
FINANCE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jean AndersenJEAN ANDERSEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey GaskinJEFFREY GASKIN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Benjamin MarshBENJAMIN MARSH
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Peggy TerhunePEGGY TERHUNE
CEO
- Total calculated
- $614,526
- From this org
- $614,526
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $537,482
- Bonus
- $77,044
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $614,526
-
Tammy GeisTAMMY GEIS
CFO
- Total calculated
- $324,736
- From this org
- $324,136
- From related orgs
- $0
- Other
- $600
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $267,624
- Bonus
- $56,512
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $600
- Filer's total
- $324,736
-
Melissa HallMELISSA HALL
COO
- Total calculated
- $208,525
- From this org
- $208,525
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,525
- Bonus
- $10,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $208,525
-
Christy ShaverCHRISTY SHAVER
COO
- Total calculated
- $221,519
- From this org
- $221,519
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,519
- Bonus
- $15,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $221,519
-
Terri BernhardtTERRI BERNHARDT
CAO
- Total calculated
- $447,254
- From this org
- $447,254
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $371,589
- Bonus
- $75,665
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $447,254
-
Blake MartinBLAKE MARTIN
PRESIDENT
- Total calculated
- $274,499
- From this org
- $274,499
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,227
- Bonus
- $54,272
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $274,499
-
Lyndril LeonardLYNDRIL LEONARD
SENIOR VP OF OPERATIONS
- Total calculated
- $223,576
- From this org
- $222,976
- From related orgs
- $0
- Other
- $600
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,976
- Bonus
- $12,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $600
- Filer's total
- $223,576
-
Geoffrey MoehrkeGEOFFREY MOEHRKE
CIO
- Total calculated
- $212,117
- From this org
- $212,117
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $204,617
- Bonus
- $7,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $212,117
-
Dr Douglas SmithDR DOUGLAS SMITH
PSYCHIATRIST
- Total calculated
- $424,376
- From this org
- $423,776
- From related orgs
- $0
- Other
- $600
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $421,276
- Bonus
- $2,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $600
- Filer's total
- $424,376
-
Dr Jacqueline SmithDR JACQUELINE SMITH
MEDICAL DIRECTOR
- Total calculated
- $328,742
- From this org
- $328,742
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $318,742
- Bonus
- $10,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $328,742
-
John LatzJOHN LATZ
MEDICAL DIRECTOR
- Total calculated
- $313,677
- From this org
- $313,677
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $303,677
- Bonus
- $10,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $313,677
-
Robert McHaleROBERT MCHALE
MEDICAL DIRECTOR
- Total calculated
- $285,006
- From this org
- $285,006
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $282,506
- Bonus
- $2,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $285,006
-
Dr Amy UnderwoodDR AMY UNDERWOOD
PSYCHIATRIST
- Total calculated
- $274,319
- From this org
- $274,319
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $274,319
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $274,319
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 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349309988
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.