Hendersonville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CAROLINA VILLAGE INC, founded in 1972, is a mid-sized nonprofit in the Housing & Shelter sector that reported $34.3M in total revenue in fiscal year 2023.
CAROLINA VILLAGE IS A NOT FOR-PROFIT FULL-SERVICE RETIREMENT FACILITY FOR SENIOR CITIZENS WITH A MISSION TO PROVIDE HOUSING, CONTINUING LIFE CARE, UP-TO-DATE SERVICE, AND A PLEASANT, CONGENIAL SOCIAL ENVIRONMENT TO ENCOURAGE PERSONAL GROWTH AND COMMUNITY PARTICIPATION WITHOUT REGARD TO RACE OR RELIGIOUS PERSUASION.
Carolina Village serves 530 residents in direct health care needs, meals, housing, and transportation. In the past year we have served 34,883 days of direct patient care in our Assisted Living and...
Carolina Village serves 530 residents in direct health care needs, meals, housing, and transportation. In the past year we have served 34,883 days of direct patient care in our Assisted Living and Skilled Nursing Care facilities. On our campus we provide Medicare services including but not limited to Physical Therapy, Occupational Therapy, and Speech Therapy. Our residents receive benefits from our comprehensive Wellness Program organized and coordinated by a facility staff member. The wellness program includes eight facets of wellness-physical, spiritual, environmental, social, vocational, intellectual, emotional, and nutritional. We maintain the Carolina Village HUB which is a real time information portal for residents and employees to receive up to the minute information about Carolina Village. The CV HUB is easily accessible from any computer or mobile device. Through our Quality First program we have given back to the community through food drives, school supply drives, benefit dinners, and other monetary gifts. We have partnered with the Henderson County Council on Aging, Special Olympics, Manna Food Bank, United Way, and other local non-profit organizations. Carolina Village provides 40 meals per day, 5 days a week to the local congregate meal site in association with the Henderson County Meals-on-Wheels program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $34,270,836 | $33,459,516 | +0.0% |
| Expenses | $33,475,589 | $31,362,729 | +0.1% |
| Net Income | $795,247 | $2,096,787 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Adam Shealy | Secretary | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| Justin Ward | Assistant Secretary | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Morse | Vice-President | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| Terry Andersen | Treasurer | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| Trina Strokes | President | 3.0 |
Officer
Director
|
$0 | $0 | $0 |
| Bill Gold | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| David Fluech | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Kenneth Youngblood | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Kimbela McMinn | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Lee Mulligan | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Lynn Killian | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Richard Bobb | Resident - Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Rick Wood | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Robbie Chenault | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Sherri Metzger | Resident - Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Steven Young | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Tim Kriegel | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| W Glover Little | Board Member | 1.5 |
Director
|
$0 | $0 | $0 |
| Amber Anderson | CFO | 40.0 |
Officer
|
$179,518 | $38,833 | $218,351 |
| Kevin Parries | CEO | 40.0 |
Officer
|
$433,166 | $68,452 | $501,618 |
| Alex Tucker | Health Care Administrator | 40.0 |
Highest
|
$148,183 | $51,546 | $199,729 |
| Jon Renegar | Director of Operations | 40.0 |
Highest
|
$252,584 | $66,171 | $318,755 |
| Kristel Bane | Business Office Manager | 40.0 |
Highest
|
$100,124 | $35,596 | $135,720 |
| Maria Rich | Director of Dining | 40.0 |
Highest
|
$117,057 | $36,344 | $153,401 |
| Morgan Costner | Controller | 40.0 |
Highest
|
$112,243 | $36,106 | $148,349 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $34,270,836 | $33,475,589 | $137,942,580 | $795,247 |
| 2023 | $33,459,516 | $31,362,729 | $129,083,654 | $2,096,787 |
| 2022 | $34,185,742 | $29,410,795 | $124,169,436 | $4,774,947 |
| 2021 | $33,783,018 | $28,070,443 | $120,268,570 | $5,712,575 |
| 2020 | $26,906,533 | $28,525,142 | $116,207,934 | $-1,618,609 |
| 2019 | $24,908,532 | $25,001,473 | $101,388,223 | $-92,941 |
| 2018 | $23,917,558 | $25,447,991 | $94,153,371 | $-1,530,433 |
Compare CAROLINA VILLAGE INC with other nonprofits in North Carolina and across the country.