ALAMANCE EXTENDED CARE INC

As filed

Subsection

03

NTEE code

L22

Classification

1000

Street

4100 WELL SPRING DRIVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE VILLAGE IS A NORTH CAROLINA NONPROFIT CORPORATION WHICH WAS FOUNDED IN 1986. THE VILLAGE WAS ESTABLISHED TO DEVELOP AND OPERATE A CONTINUING CARE RETIREMENT COMMUNITY AND TO PROVIDE HOUSING HEALTH CARE AND RELATED SERVICES TO OLDER ADULTS. THE VILLAGE IS AN AFFILIATE OF WELLSPRING SERVICES INC. SERVICES THE SOLE MEMBER OF THE VILLAGE. THE VILLAGE CONSISTS OF A LIFE PLAN COMMUNITY SITUATED ON APPROXIMATELY 48 ACRES LOCATED IN BURLINGTON NORTH CAROLINA. THE VILLAGE CONSISTS OF 110 INDEPENDENT LIVING APARTMENT UNITS AND 66 INDEPENDENT LIVING COTTAGE UNITS; A 24-UNIT ASSISTED LIVING FACILITY WHICH CONTAINS 12 TRADITIONAL ASSISTED LIVING UNITS AND 12 MEMORY SUPPORT UNITS; A 24-BED SKILLED NURSING UNIT; A COMMUNITY CENTER; AND A WELLNESS CENTER.

  Expenses $13,899,403 · Revenue $16,536,223

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $16,758,442

  Expenses

  $17,124,465

  Contributions

  $208,056

  Grants paid

  $0

• 2023

  Revenue

  $13,581,026

  Expenses

  $16,318,978

  Contributions

  $342,532

  Grants paid

  $0

• 2022

  Revenue

  $2,902,443

  Expenses

  $3,879,076

  Contributions

  $100

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $11,909,795

  Expenses

  $12,516,487

  Assets (EOY)

  $55,377,747

• 2020 · 990

  Revenue

  $13,908,822

  Expenses

  $15,284,598

  Assets (EOY)

  $64,386,325

• 2019 · 990

  Revenue

  $16,543,421

  Expenses

  $22,895,806

  Assets (EOY)

  $65,444,547

• 2018 · 990

  Revenue

  $17,976,499

  Expenses

  $18,794,030

  Assets (EOY)

  $73,266,375

• 2017 · 990

  Revenue

  $16,622,408

  Expenses

  $17,723,317

  Assets (EOY)

  $71,984,950

• 2016 · 990

  Revenue

  $17,669,557

  Expenses

  $18,356,309

  Assets (EOY)

  $73,866,445

• 2015 · 990

  Revenue

  $17,230,578

  Expenses

  $17,485,823

  Assets (EOY)

  $73,089,514

• 2014 · 990

  Revenue

  $17,338,336

  Expenses

  $16,674,040

  Assets (EOY)

  $74,847,423

• 2013 · 990

  Revenue

  $15,458,376

  Expenses

  $15,274,735

  Assets (EOY)

  $69,090,911

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files