LIFE ST JOSEPH OF THE PINES INC

EIN: 272159847 501(c)(3)

FAYETTEVILLE, NC

Total Revenue
$24,740,472
Total Expenses
$21,003,153
Total Assets
$20,239,539
Net Assets
$13,309,593
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
DANIEL DRAKE
Phone
9104834911
Tax Period
2022-07-01 to 2023-06-30

LIFE ST JOSEPH OF THE PINES INC, founded in 2010, is a mid-sized nonprofit that reported $24.7M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.7M, a strong 15% operating margin.

Mission

TO PROVIDE HEALTHCARE SERVICES FOR THE ELDERLY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,558
Program Service Revenue $24,334,719
Investment Income $403,572
Other Revenue $623
TOTAL REVENUE $24,740,472

Expense Breakdown

Grants Paid $250
Salaries & Benefits $5,809,010
Fundraising Expenses $0
Program Expenses $19,916,541
Other Expenses $15,193,893
TOTAL EXPENSES $21,003,153

Year-over-Year Comparison

2022 2021 Change
Revenue $24,740,472 $21,704,619 +0.1%
Expenses $21,003,153 $20,271,067 +0.0%
Net Income $3,737,319 $1,433,552 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,916,622
Total Directors
9
$793,898
Key Employees
2
$840,467
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL DRAKE DIR; CHAIR AT 1/23; PRESIDENT & CEO 1.00
Officer Director
$0 $159,678 $793,898
ANTONIO JONES DIRECTOR AS OF 1/23 1.00
Director
$0 $0 $0
JOHN WILSON DIRECTOR & CHAIR THROUGH 12/22 1.00
Officer Director
$0 $0 $0
JOSEPH LEVISTER DIRECTOR THROUGH 12/22 1.00
Director
$0 $0 $0
KAIA COLLINS-FRYE DIRECTOR 1.00
Director
$0 $0 $0
LA-LISA HEWITT-ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
LILLIAN SPEARMAN DIRECTOR AS OF 1/23 1.00
Director
$0 $0 $0
SUZANNE KING DIRECTOR 1.00
Director
$0 $0 $0
TASHA SMITH DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER RICHETTI TREAS/VP HLTH PLAN MGMT THP THR 8/22 1.00
Officer
$0 $150,132 $403,094
ANNE LEWIS SECRETARY; CHIEF OPERATING OFFICER 1.00
Officer
$0 $48,805 $388,639
KIMBERLY SAXTON VICE PRESIDENT, FINANCE 1.00
Officer
$0 $54,741 $330,991
KAREN NICHOLS CHIEF MEDICAL OFFICER 1.00
Key Emp
$0 $40,471 $492,633
CARRIE HAYS MCELROY CHIEF CLINICAL OFFICER 1.00
Key Emp
$0 $54,654 $347,834
TERESA WATTS NURSE PRACTITIONER 40.00
Highest
$0 $15,493 $129,398
JOYCE ALEXANDER-HINES EXECUTIVE DIRECTOR 40.00
Highest
$0 $5,097 $127,525
STEPHANIE ALLEN THERAPY MANAGER 40.00
Highest
$0 $15,199 $124,760
MALINDA KENNISON PHYSICAL THERAPIST 40.00
Highest
$0 $14,259 $119,604
KIMBERLY BELL NURSE PRACTITIONER 40.00
Highest
$0 $7,408 $116,581
MARK MCPHERSON FORMER OFFICER; THHS PRESIDENT & CEO 0.00
$0 $152,988 $713,120
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $24,740,472 $21,003,153 $20,239,539 $3,737,319
2022 $21,704,619 $20,271,067 $15,869,341 $1,433,552
2021 $24,172,182 $21,253,279 $16,318,020 $2,918,903
2020 $23,985,525 $21,987,712 $10,614,625 $1,997,813
2019 $24,459,222 $23,993,057 $23,455,151 $466,165
2018 $24,029,494 $20,937,451 $20,149,309 $3,092,043
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