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Chapel HILL Residential Retirement Center INC

Public charity
DBA: CENTER INC
Other · CHAPEL HILL, NC · EIN 23-7271041

About

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.

DBA Center INC

Donations are tax-deductible
Category
Other
Employees
475
Volunteers
50

Financial Snapshot

FY ending 2023-12-31
Revenue
$35.1M
Expenses
$34.2M
Assets
$122.0M
Liabilities
$88.4M

Financial history

$35.1M$17.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $35.1M · Avg: $32.6M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$1K
Grants Given
$1.0M
CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC
Your actions

Address

750 Weaver Dairy RDX
Chapel HILL, NC, 27514-000

Governance

Voting board members17
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.