NonprofitsCarmel Hills Retirement Comm

Housing & Shelter

Carmel Hills Retirement Comm

CHARLOTTE, NC

Total revenue

$3.8M

Total expenses

$3.9M

Net assets

$734K

Grants received

$71K

7 grants

EIN

581307937

Tax year

2024

Mission

The main objective of Carmel Hills is to maintain and operate a retirement home by carrying out educational, religious, recreational and other programs. Carmel Hills also maintains a health care center and carries on such other work in the overall charitable field of services to the aged as may be appropriate.

Financials

FY 2024

Revenue

Contributions & grants$148K
Program service revenue$3.5M
Investment income$63K
Other revenue$16K
Total revenue$3.8M

Expenses

Grants paid$178K
Salaries & benefits$2.3M
Fundraising
Other expenses$1.4M
Total expenses$3.9M
Total assets$3.6M
Net assets$734K

People

13 listed

NameRoleCompensation

Gabriel Iorga

Administrator

Board

$103K

50 hrs/wk

Sam Vedder

Director

Board

1 hrs/wk

Steve McDonald

President

Board

1 hrs/wk

Larry Stassel

Director

Board

1 hrs/wk

Sam Jeanjaquet

Director

Board

1 hrs/wk

Joe Youannas

Assistant Treas

Board

1 hrs/wk

Paul Palmer Jr

Treasurer

Board

1 hrs/wk

Peter Keddis

Secretary

Board

1 hrs/wk

Tim Dietz

Director

Board

1 hrs/wk

Paul Palmer Sr

Director

Board

1 hrs/wk

Dr Charles Heuss

Director

Board

1 hrs/wk

Craig Robson

Vice President

Board

1 hrs/wk

Dr Ihab Dorotta

Director

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$9K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$14K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$20
EMPLOYEE MATCHING GIFT DONATION
2022
$630
EMPLOYEE MATCHING GIFTS
2020
$11K
For grant recipient's exempt purposes
2019
$28K
For grant recipient's exempt purposes
2018
$9K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$71K from 3 funders · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$47K · 3 grants · 2017–2019

Vanguard Charitable Endowment Program

$23K · 2 grants · 2022–2023

Duke Energy Foundation

$650 · 2 grants · 2020–2022

Details

EIN581307937
NTEE codeL220
Subsection03
Ruling date1978-03
Formed1977
Employees77
Volunteers15
CARMEL HILLS RETIREMENT COMM — Mission, Financials & Grants Received | Grantivo