- Revenue 2024
- $40,583,636
- Expenses 2024
- $35,969,893
Program services were 80.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L220
- Classification
- 1000
- Street
- 750 WEAVER DAIRY RD
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).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
ASSOCIATION OF CAROL WOODS RESIDENTS INC
EIN 54-2114743
Mission and programs · 2024
Mission
CAROL WOODS SHALL BE A CHARITABLE, NOT-FOR-PROFIT CORPORATION MEETING THE NEEDS OF OLDER ADULTS FOR HOUSING, HEALTH, WELL-BEING, AND PROTECTION OF FINANCIAL SECURITY. THE MISSION OF CAROL WOODS SHALL BE TO PROVIDE A SAFE, HEALTHFUL, AND SECURE ENVIRONMENT FOR PERSONS THROUGHOUT THEIR LATER YEARS, AS WELL AS ENGAGE IN COOPERATIVE RESEARCH, DEVELOPMENT AND EDUCATION IN AREAS ENCOMPASSED BY THE MISSION. HIGH QUALITY RESIDENTIAL LIVING AND HEALTH SERVICES SHALL BE PROVIDED ACCORDING TO INDIVDUAL NEEDS. RESIDENTS' ON-GOING NEEDS TO MAINTAIN AND PROMOTE HEALTH AND WELL-BEING SHALL BE SUPPORTED THROUGH THE PROVISION OF APPROPRIATE RESOURCES. CAROL WOODS SHALL ENCOURAGE DIVERSITY, RESIDENTS' LEADERSHIP, PARTICIPATION IN AND SERVICE TO CAROL WOODS AND THE LARGER COMMUNITY. CAROL WOODS SHALL ALSO FOSTER A HIGH QUALITY WORK EXPERIENCE FOR STAFF AND FACILITATE STAFF DEVELOPMENT THAT EMBODIES THE VALUES OF THE ORGANIZATION.
Activities or mission (Part I)
OPERATION OF A CCRC PROVIDING HOUSING, HEALTHCARE, AND OTHER SERVICES TO SENIORS.
-
DURING THE YEAR, THE ORGANIZATION PROVIDED HOUSING, HEALTHCARE AND OTHER RELATED SERVICES TO SENIOR RESIDENTS THROUGH OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) CONTAINING 315 INDEPENDENT LIVING APARTMENTS/COTTAGES, 59 ASSISTED LIVING ACCOMMODATIONS, AND A 60-BED HEALTH CENTER. SERVED AN AVERAGE OF 910 SENIORS UNDER LIFE CARE ARRANGEMENTS, INCLUDING AN AVERAGE OF 84 LIVING PERMANENTLY IN ASSISTED LIVING AND THE HEALTH CENTER. (CONTINUED ON SCHEDULE O)ADDITIONALLY, THE ORGANIZATION PROVIDED THE FOLLOWING PROGRAMS AND SERVICES:- OFFERED A CCRC WITHOUT LODGING PROGRAM APPROVED BY THE NC DEPARTMENT OF INSURANCE. SERVED AN AVERAGE OF 146 IN THE PROGRAM OVER THE COURSE OF THE YEAR. - CONTINUED PROACTIVE AND INTENTIONAL CHARITABLE CARE AND COMMUNITY BENEFIT PROGRAM, INCLUDING: 1) MADE CHARITABLE GIFTS TO ORANGE COUNTY ($175,000), TOWNS OF CHAPEL HILL AND CARRBORO ($130,000), AND THE LOCAL PUBLIC SCHOOLS ($82,000) TO SUPPORT VITAL SERVICES TO SENIORS IN THE COMMUNITY; AND 2) MADE $463,775 IN CHARITABLE GIFTS AND FINANCIAL SUPPORT TO OTHER NON-PROFIT ORGANIZATIONS PURSUING MISSIONS SIMILAR TO CAROL WOODS. - CONTINUED TO PROVIDE IN-KIND BENEFITS TO THE OUTSIDE COMMUNITY, INCLUDING: 1) MAKING AVAILABLE CAROL WOODS' CAMPUS AND STAFF FOR A VARIETY OF EDUCATIONAL AND COMMUNITY SUPPORT PURPOSES -- PROVIDING INTERNSHIPS AND OTHER OPPORTUNITIES FOR STUDENTS TO LEARN OF AGING SERVICES OPPORTUNITIES IN DISCIPLINES RANGING FROM MEDICAL AND NURSE PRACTITIONER, TO NURSING, SOCIAL WORK AND CERTIFIED NURSING ASSISTANTS; 2) DONATED BUILDING MATERIALS TO THE HABITAT RESTORE AND OTHER ITEMS TO THE AREA THRIFT STORE.
Expenses $28,881,881 · Grants $908,108 · Revenue $33,560,164
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
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.
-
Jess AylorJESS AYLOR
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Larry McManusLARRY MCMANUS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Delores BailyDELORES BAILY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca BrentREBECCA BRENT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan CoppolaSUSAN COPPOLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Elkins-WilliamsSTEPHEN ELKINS-WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John EvansJOHN EVANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John HawkinsJOHN HAWKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dorothy HeningerDOROTHY HENINGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charles HouseCHARLES HOUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
George LensingGEORGE LENSING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Allen MaskALLEN MASK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom MillerTOM MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kendall PageKENDALL PAGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Will PerreaultWILL PERREAULT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ben PopkinBEN POPKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bruce RunbergBRUCE RUNBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Margarete SandelowskiMARGARETE SANDELOWSKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beth SchultzBETH SCHULTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Adam SteinADAM STEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Josh GurlitzJOSH GURLITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Crystal TorainCRYSTAL TORAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marianne RatcliffeMARIANNE RATCLIFFE
PRESIDENT & CEO
- Total calculated
- $363,497
- From this org
- $304,649
- From related orgs
- $0
- Other
- $58,848
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $304,649
- Bonus
- $0
- Other
- $0
- Deferred
- $12,938
- Nontaxable benefits
- $45,910
- Filer's total
- $363,497
-
Kenneth G Reeb JrKENNETH G REEB JR
VP OF FINANCE / CFO (RETIRED)
- Total calculated
- $293,020
- From this org
- $238,642
- From related orgs
- $0
- Other
- $54,378
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $238,642
- Bonus
- $0
- Other
- $0
- Deferred
- $10,128
- Nontaxable benefits
- $44,250
- Filer's total
- $293,020
-
Jennifer WilsonJENNIFER WILSON
VP OF WELL-BEING
- Total calculated
- $189,341
- From this org
- $137,304
- From related orgs
- $0
- Other
- $52,037
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,304
- Bonus
- $0
- Other
- $0
- Deferred
- $5,970
- Nontaxable benefits
- $46,067
- Filer's total
- $189,341
The first 25 listed. 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
- $40,583,636
- Expenses
- $35,969,893
- Contributions
- $167,761
- Grants paid
- $908,108
-
2023
- Revenue
- $35,102,132
- Expenses
- $34,172,779
- Contributions
- $80,647
- Grants paid
- $1,032,350
-
2022
- Revenue
- $31,949,437
- Expenses
- $32,474,861
- Contributions
- $220,405
- Grants paid
- $895,572
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
-
2021 · 990
- Revenue
- $33,870,799
- Expenses
- $31,045,179
- Assets (EOY)
- $131,498,938
-
2020 · 990
- Revenue
- $32,575,119
- Expenses
- $30,401,868
- Assets (EOY)
- $128,549,186
-
2019 · 990
- Revenue
- $33,707,161
- Expenses
- $31,635,322
- Assets (EOY)
- $123,055,852
-
2018 · 990
- Revenue
- $33,503,283
- Expenses
- $30,713,934
- Assets (EOY)
- $115,327,259
-
2017 · 990
- Revenue
- $30,736,220
- Expenses
- $28,378,640
- Assets (EOY)
- $123,656,483
-
2016 · 990
- Revenue
- $28,841,638
- Expenses
- $28,033,180
- Assets (EOY)
- $116,046,164
-
2015 · 990
- Revenue
- $30,451,050
- Expenses
- $27,541,001
- Assets (EOY)
- $113,875,968
-
2014 · 990
- Revenue
- $29,092,919
- Expenses
- $25,271,812
- Assets (EOY)
- $115,849,324
-
2013 · 990
- Revenue
- $24,451,856
- Expenses
- $23,756,243
- Assets (EOY)
- $108,598,316
-
2012 · 990
- Revenue
- not reported
- Expenses
- $22,602,286
- Assets (EOY)
- $86,547,786
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
-
ORANGE COUNTY NORTH CAROLINA
$175,000
2022 GENERAL SUPPORT, SENIOR SERVICES
-
ORANGE COUNTY NORTH CAROLINA
$175,000
2023 GENERAL SUPPORT, SENIOR SERVICES
-
ORANGE COUNTY NORTH CAROLINA
$175,000
2024 GENERAL SUPPORT, SENIOR SERVICES
-
TOWN OF CHAPEL HILL
$125,000
2024 GENERAL SUPPORT, SENIOR SERVICES
-
TOWN OF CHAPEL HILL
$100,000
2022 GENERAL SUPPORT, SENIOR SERVICES
-
TOWN OF CHAPEL HILL
$100,000
2023 GENERAL SUPPORT, SENIOR SERVICES
-
$75,600
2024 BELOW-MARKET RENTS FOR SENIOR DAY CARE CENTER
-
$75,000
2023 GERIATRIC DENTAL CARE FOR LOW INCOME SENIORS
-
$60,000
2022 BELOW-MARKET RENTS FOR SENIOR DAY CARE CENTER
-
$60,000
2023 BELOW-MARKET RENTS FOR SENIOR DAY CARE CENTER
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
CAROL WOODS CHARITABLE FUND INC
$167,761
2024 REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
-
CAROL WOODS CHARITABLE FUND INC
$80,647
2023 REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
-
2022 REIMBURSEMENT FOR CHARITABLE EXPENSES INCLUDING RESIDENT ASSISTANCE, EMPLOYEE DEVELOPMENT AND GIFTED GARDEN MAINTENANCE.
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.
Declared on its 2024 return
-
THE CAROL WOODS CHARITABLE FUND INC
501(C)(3) · SUPPORTING ORGANIZATION · NC · controlled entity
Declared as related by
-
CAROL WOODS CHARITABLE FUND INC
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.