MCLEOD CENTERS FOR WELLBEING

EIN: 560953783 501(c)(3) Mental Health

CHARLOTTE, NC

Total Revenue
$32,411,763
Total Expenses
$28,424,992
Total Assets
$32,816,040
Net Assets
$25,184,069
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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NC
Principal Officer
KRISTIN PRENTISS
Phone
7043329900
Tax Period
2024-07-01 to 2025-06-30

MCLEOD CENTERS FOR WELLBEING, founded in 1970, is a mid-sized nonprofit in the Mental Health sector that reported $32.4M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $28.4M left a modest 12% surplus.

Mission

MCLEOD CENTERS MISSION IS TO BUILD A FOUNDATION OF HEALING AND HOPE BASED ON EQUITY, EDUCATION, AND EVIDENCE-BASED PRACTICE FOR ALL COMMUNITIES. MCLEOD'S COMPANY VALUES ARE DO THE RIGHT THING, STRIVE FOR EXCELLENCE ALWAYS, CELEBRATE SUCCESS, REMAIN CURIOUS, HONOR DIFFERENCES AND BE KIND.

Program Service Accomplishments

Program 1
Expenses: $18,574,521 Revenue: $28,113,947

MCLEOD OFFERS MEDICATION-ASSISTED TREATMENT (MAT). THIS IS THE USE OF FDA-APPROVED MEDICATIONS, IN COMBINATION WITH COUNSELING AND BEHAVIORAL THERAPIES, TO PROVIDE A CLINICALLY-DRIVEN...

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MCLEOD OFFERS MEDICATION-ASSISTED TREATMENT (MAT). THIS IS THE USE OF FDA-APPROVED MEDICATIONS, IN COMBINATION WITH COUNSELING AND BEHAVIORAL THERAPIES, TO PROVIDE A CLINICALLY-DRIVEN, "WHOLE-PATIENT" APPROACH TO THE TREATMENT OF SUBSTANCE USE DISORDERS. MAT OFTEN PREVENTS OR REDUCES OPIOID OVERDOSE BY NORMALIZING BRAIN CHEMISTRY, BLOCKING THE EUPHORIC EFFECTS OF ALCOHOL AND OPIOIDS,AND RELIEVING PHYSIOLOGICAL CRAVINGS. THE AIM OF MAT IS FOR PATIENTS TO ACHIEVE STABILITY, GENERALLY A YEAR OR MORE OF CONTINUED PARTICIPATION AND COMPLIANCE WITH TREATMENT RECOMMENDATIONS. IN ADDITION TO THE FDA-APPROVED MEDICATIONS (EITHER METHADONE OR BUPRENORPHINE), PATIENTS RECEIVE INDIVIDUAL TREATMENT PLANNING, URINALYSIS TESTING, AND REFERRALS TO COMMUNITY RESOURCES AS NEEDED. WE HAVE 8 LOCATIONS THROUGHOUT NC IN THE FOLLOWING COUNTIES: MECKLENBURG, GASTON, CATAWBA, CALDWELL, MCDOWELL, UNION, CABARRUS, AND IREDELL

Program 2
Expenses: $252,498 Revenue: $520,419

MCLEOD OFFERS SHORT-TERM, LONG-TERM AND INTENSIVE OUTPATIENT TREATMENT. INDIVIDUALS ENROLLED IN THESE PROGRAMS RECEIVE AN EDUCATION ON SUBSTANCE USE AND THERAPEUTIC GROUP COUNSELING, IN ADDITION TO...

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MCLEOD OFFERS SHORT-TERM, LONG-TERM AND INTENSIVE OUTPATIENT TREATMENT. INDIVIDUALS ENROLLED IN THESE PROGRAMS RECEIVE AN EDUCATION ON SUBSTANCE USE AND THERAPEUTIC GROUP COUNSELING, IN ADDITION TO INDIVIDUAL TREATMENT PLANNING, URINALYSIS TESTING, AND REFERRALS TO COMMUNITY RESOURCES AS NEEDED.

Program 3
Expenses: $1,593,669 Revenue: $1,884,790

MCLEOD CENTERS FOR WELLBEING'S RESIDENTIAL PROGRAM IS AN IN-PATIENT ADDICTION TREATMENT PROGRAM DESIGNED FOR PEOPLE WHO NEED STRUCTURED, INTENSIVE SUPPORT TO RECOVER FROM SUBSTANCE USE DISORDERS...

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MCLEOD CENTERS FOR WELLBEING'S RESIDENTIAL PROGRAM IS AN IN-PATIENT ADDICTION TREATMENT PROGRAM DESIGNED FOR PEOPLE WHO NEED STRUCTURED, INTENSIVE SUPPORT TO RECOVER FROM SUBSTANCE USE DISORDERS (SUCH AS OPIOID OR DRUG ADDICTION).

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,180,154
Program Service Revenue $29,969,994
Investment Income $250,408
Other Revenue $11,207
TOTAL REVENUE $32,411,763

Expense Breakdown

Grants Paid $358,316
Salaries & Benefits $14,045,996
Fundraising Expenses $3,926
Program Expenses $25,150,081
Other Expenses $14,020,680
TOTAL EXPENSES $28,424,992

Year-over-Year Comparison

2024 2023 Change
Revenue $32,411,763 $27,448,808 +0.2%
Expenses $28,424,992 $25,325,850 +0.1%
Net Income $3,986,771 $2,122,958 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
253
Volunteers
N/A

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
9
$811,423
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB MCCAIN SECRETARY, TRUSTEE 0.33
Officer Director
$0 $0 $0
RICHARD WRIGHT CHAIR, TRUSTEE 0.33
Officer Director
$0 $0 $0
LYNN HANSEN TREASURER, TRUSTEE 0.33
Officer Director
$0 $0 $0
DR JAMES RACHAL CHAIR, TRUSTEE 0.33
Officer Director
$0 $0 $0
ANTHONY DANIELLY TRUSTEE 0.10
Director
$0 $0 $0
JOSH SAMPSON TRUSTEE 0.10
Director
$0 $0 $0
KENNY COLBERT TRUSTEE 0.10
Director
$0 $0 $0
KIM HOLT TRUSTEE 0.10
Director
$0 $0 $0
CARTER SORRELL TRUSTEE 0.10
Director
$0 $0 $0
VICTOR ARMSTRONG TRUSTEE 0.10
Director
$0 $0 $0
ZACK LANDRY TRUSTEE 0.10
Director
$0 $0 $0
DETECTIVE DAVID LOPEZ TRUSTEE 0.10
Director
$0 $0 $0
LESLIE STEPHENS TRUSTEE 0.10
Director
$0 $0 $0
JENNIFER JOHNSON TRUSTEE 0.10
Director
$0 $0 $0
JIM MCCORKLE CFO (OUTGOING) 37.50
Officer
$134,328 $4,797 $139,125
ELISABETH HARDIN COO 37.50
Officer
$93,981 $1,728 $95,709
CHRISTINE ZAZZARO PRESIDENT 37.50
Officer
$261,098 $22,526 $283,624
KATHERINE LONG CDO 37.50
Officer
$105,054 $8,834 $113,888
MELANIE CONFORTI CCO 37.50
Officer
$156,174 $22,903 $179,077
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 $32,411,763 $28,424,992 $32,816,040 $3,986,771
2024 $27,448,808 $25,325,850 $28,169,853 $2,122,958
2023 $21,749,838 $24,483,212 $26,195,555 $-2,733,374
2022 $22,619,688 $18,449,271 $30,610,379 $4,170,417
2021 $24,396,806 $19,085,874 $7,529,763 $5,310,932
2020 $16,465,643 $17,833,052 $3,740,230 $-1,367,409
2019 $19,097,353 $20,432,668 $1,387,043 $-1,335,315
2018 $24,263,139 $24,825,781 $4,247,174 $-562,642
2017 $23,930,181 $24,149,812 $4,877,380 $-219,631
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