CHAPEL HILL, NC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC, founded in 1972, is a mid-sized nonprofit in the Housing & Shelter sector that reported $40.6M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $36.0M left a modest 11% surplus.
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $40,583,636 | $33,390,699 | +0.2% |
| Expenses | $35,969,893 | $34,172,779 | +0.1% |
| Net Income | $4,613,743 | $-782,080 | -6.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JESS AYLOR | CHAIR OF THE BOARD | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY MCMANUS | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DELORES BAILY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REBECCA BRENT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN COPPOLA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN ELKINS-WILLIAMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN EVANS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN HAWKINS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOROTHY HENINGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES HOUSE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE LENSING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN MASK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM MILLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENDALL PAGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILL PERREAULT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN POPKIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE RUNBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARETE SANDELOWSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH SCHULTZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ADAM STEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSH GURLITZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRYSTAL TORAIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIANNE RATCLIFFE | PRESIDENT & CEO | 39.00 |
Officer
|
$304,649 | $58,848 | $363,497 |
| KENNETH G REEB JR | VP OF FINANCE / CFO (RETIRED) | 39.00 |
Officer
|
$238,642 | $54,378 | $293,020 |
| JENNIFER WILSON | VP OF WELL-BEING | 40.00 |
Highest
|
$137,304 | $52,037 | $189,341 |
| LIZBETH TOMAJKO | VP OF HR | 40.00 |
Highest
|
$133,244 | $19,390 | $152,634 |
| CRAIG ANDERSON | REHABILITATION COORDINATOR | 40.00 |
Highest
|
$129,088 | $21,104 | $150,192 |
| LYDIA BARNES | RN - REGISTERED NURSE | 57.00 |
Highest
|
$136,036 | $33,503 | $169,539 |
| SARAH SMILEY | OCCUPATIONAL THERAPIST | 46.00 |
Highest
|
$136,036 | $47,802 | $183,838 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $40,583,636 | $35,969,893 | $127,793,531 | $4,613,743 |
| 2023 | $35,102,132 | $34,172,779 | $121,999,246 | $929,353 |
| 2022 | $31,949,437 | $32,474,861 | $120,640,930 | $-525,424 |
| 2021 | $33,870,799 | $31,045,179 | $131,498,938 | $2,825,620 |
| 2020 | $32,575,119 | $30,401,868 | $128,549,186 | $2,173,251 |
| 2019 | $33,707,161 | $31,635,322 | $123,055,852 | $2,071,839 |
| 2018 | $33,503,283 | $30,713,934 | $115,327,259 | $2,789,349 |
Compare THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC with other nonprofits in North Carolina and across the country.