SALEM VILLAGES INCORPORATED (CENTRAL ORG C/O F FRANK MACY JR

EIN: 631005947 501(c)(3)

WINSTONSALEM, NC

Total Revenue
$3,545
Total Expenses
$281,430
Total Assets
$49,726
Net Assets
$49,726
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
AL
Principal Officer
JUDITH HAIZLIP
Phone
3367943845
Tax Period
2023-01-01 to 2023-12-31

SALEM VILLAGES INCORPORATED (CENTRAL ORG C/O F FRANK MACY JR, founded in 1989, is a micro nonprofit that reported $4K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $281K exceeded revenue, resulting in a 7839% operating deficit.

Mission

CHARITABLE ORGANIZATION THAT IS THE ADMINISTRATIVE HOLDER OF THE GROUP TAX EXEMPTION FOR MULTIPLE TAX-EXEMPT SUBORDINATES THAT INDIVIDUALLY PROVIDE SKILLED LONG-TERM CARE SERVICES OR FUNCTIONS FOR THE ELDERLY.

Program Service Accomplishments

Program 1
Expenses: $281,430

THE OPERATIONS AND THE FACILITY FOR THAT ENTITY WERE SOLD IN 2018. CENTRAL ORG PROVIDESADMINISTRATIVE SUPPORT FOR THE SUBORDINATE THAT IS IN ACTIVE DISSOLUTION.

🔒

Trantor Score

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)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3,545
Other Revenue $0
TOTAL REVENUE $3,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,650
Fundraising Expenses $0
Program Expenses $281,430
Other Expenses $279,780
TOTAL EXPENSES $281,430

Year-over-Year Comparison

2023 2022 Change
Revenue $3,545 $81,538 -1.0%
Expenses $281,430 $10,552 +25.7%
Net Income $-277,885 $70,986 -4.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
3
Independent Members
2
Employees
N/A
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
3
$1,650
Total Directors
3
$1,650
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDITH HAIZLIP PRESIDENT 1.00
Officer Director
$550 $0 $550
MADELINE D'HEILLY VICE PRESIDENT 1.00
Officer Director
$550 $0 $550
LINDA KOONS VICE PRESIDENT 1.00
Officer Director
$550 $0 $550
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
2023 $3,545 $281,430 $49,726 $-277,885
2022 $81,538 $10,552 $325,597 $70,986
2021 $289 $283,301 $254,611 $-283,012
2020 $1,409 $119,587 $537,623 $-118,178
2019 $6,794 $60,068 $655,801 $-53,274
2018 $701,184 $71,013 $709,075 $630,171
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SALEM VILLAGES INCORPORATED (CENTRAL ORG C/O F FRANK MACY JR with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.