EIN 56-0562308


IRS 501(c) type
Num. employees
Year formed
Most recent tax filings
To providing quality care and meaningful way to life for residents and staff. A place where residents and staff become an extension of family that recognize the dignity and worth of each individual.
Also known as...
Baptist Retirement Homes of North Carolina Incorporated; Baptist Retirement Homes of North Carolina
Total revenues
Total expenses
Total assets
Num. employees

Program areas at ThriveMore

Thrivemore is a not-for-profit corporation organized under the laws of the state of North Carolina. It is exempt from income tax under internal revenue code section 501[c][3] and a public charity under section 509[a][2]. The board of trustees of Thrivemore has fiduciary responsibility for the operation of Thrivemore. The mission of Thrivemore is to provide quality residential and health care living options and services to North Carolina's older adult population. The provision of those services being offered to the poor elderly of the state as well as those older persons who do have the financial resources available to pay for the institutional services they need. (continued on schedule o)in addition to its program of benevolent funding to the poor elderly of the state, Thrivemore also provides a special program designed to enhance the lifestyle of older adults with dementia related disorders like alzhemer's disease. Three such programs are operated by Thrivemore. Thrivemore owns, maintains, and operates communities throughout North Carolina. Its current communities include 262 independent living Homes and apartments, 138 assisted living residences, and 201 skilled nursing care rooms. Thrivemore receives support from individuals, businesses, foundations, churches, special offerings, and bequests from others to assist in the operation and administration of its communities.

Who funds ThriveMore

Grants from foundations and other nonprofits
Lettie Pate Whitehead FoundationFor the Care of Aged Women.$265,000
Baptist Retirement Homes FoundationFund and Support Benevolent Ministry$130,000
The Winston-Salem Foundation5 Grant(s) for Varying Purposes$21,842
...and 2 more grants received

Personnel at ThriveMore

Reed A VanderslikPresident and Chief Executive Officer$340,955
Scott FarkasChief Financial Officer$184,312
Jessica McCollusVice President of Operations$160,945
Jennifer BartschtVice President of Marketing$124,339
Richard SimpsonVice President of Clinical Services$127,919
...and 13 more key personnel

Financials for ThriveMore

RevenuesFYE 09/2022
Total grants, contributions, etc.$1,419,598
Program services$34,663,957
Investment income and dividends$1,803,500
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$47,123
Net gain from sale of non-inventory assets$1,203,039
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$450,055
Total revenues$39,587,272

Form 990s for ThriveMore

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-15990View PDF
2021-092022-08-15990View PDF
2020-092021-08-13990View PDF
2019-092020-09-15990View PDF
2018-092019-04-15990View PDF
...and 9 more Form 990s

Organizations like ThriveMore

Genacross Lutheran ServicesToledo, OH$54,580,656
Mercy Retirement and Care CenterAlameda, CA$21,652,358
Menno HavenChambersburg, PA$60,604,024
Brethren Village Retirement CommunityLititz, PA$50,111,596
Larksfield PlaceWitchita, KS$23,108,904
Landis HomesLititz, PA$48,905,142
St Paul's Episcopal HomeSan Diego, CA$36,208,689
Masonic Homes of CaliforniaSan Francisco, CA$110,751,854
Asbury AtlanticFrederick, MD$182,270,716
Williamsburg LandingWilliamsburg, VA$45,342,775
Data update history
September 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 30, 2023
Updated personnel
Identified 5 new personnel
September 25, 2023
Received grants
Identified 3 new grant, including a grant for $130,000 from Baptist Retirement Homes Foundation
September 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesHeadquarter / parent organizationsCharities
HealthHuman servicesDiseases and disorders
LobbyingState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
PO Box 11024
Winston Salem, NC 27116
Metro area
Winston-Salem, NC
Forsyth County, NC
Website URL
(336) 759-1044
IRS details
Fiscal year end
Taxreturn type
Form 990
Year formed
Eligible to receive tax-deductible contributions (Pub 78)
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Central organization
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