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EIN 56-1722754

Grace Ridge

IRS 501(c) type
501(c)(3)
Num. employees
94
City
Morganton
State
North Carolina
Year formed
1992
Most recent tax filings
2022-06-01
NTEE code, primary
P75: Senior Continuing Care Communities
Description
Grace Ridge is a healthcare organization dedicated to improving the health of their communities by providing excellent and compassionate care. They operate a retirement community that offers independent living quarters, a health facility, and other amenities for retirement living in Morganton, NC.
Related structure
Grace Ridge is a subordinate organization under Carolinas HealthCare System Blue Ridge.
Also known as...
Grace Lifecare
Total revenues
$10,776,607
2021
Total expenses
$10,794,934
2021
Total assets
$25,476,311
2021
Num. employees
94
2021

Program areas at Grace Ridge

The organization operates a retirement community consisting of independent living quarters, a health facility, and other amenities for retirement living.

Personnel at Grace Ridge

NameTitleCompensation
Kathy BaileyPresident and Chief Executive Officer$0
Patricia A MollChief Financial Officer$0
Christopher RomickExecutive Director$163,502
Sherrod SalsburySecretary$0
J Michael BridgesChairman$0
...and 4 more key personnel

Financials for Grace Ridge

RevenuesFYE 12/2021
Total grants, contributions, etc.$743,674
Program services$9,673,063
Investment income and dividends$343,525
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$26,373
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$14,161
Total revenues$10,776,607

Form 990s for Grace Ridge

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-09990View PDF
2019-122021-02-24990View PDF
2018-122019-12-06990View PDF
2017-122018-12-22990View PDF
2016-122018-03-14990View PDF
...and 7 more Form 990s

Organizations like Grace Ridge

OrganizationLocationRevenue
Wesley HEIGHTSShelton, CT$5,959,739
CHRISTIAN CARE COMMUNITIES Group ReturnLouisville, KY$28,922,048
Park Place Christian Community of St JohnTinley Park, IL$12,217,204
Concordia Village (LSS)Saint Louis, MO$20,561,665
Carondelet VillageRoseville, MN$15,659,631
Kendal at LexingtonLexington, VA$22,740,309
Hap Senior CareBeaver, PA$4,547,620
D'YOUVILLE Leadership SolutionsLowell, MA$5,027,546
Walker Methodist PlaceMinnetonka, MN$4,692,547
Park Place RHF HousingLong Beach, CA$7,027,739
Data update history
May 29, 2023
Updated personnel
Identified 2 new personnel
July 28, 2022
Received grants
Identified 1 new grant, including a grant for $8,672 from Blue Ridge Healthcare Foundation
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 28, 2021
Posted financials
Added Form 990 for fiscal year 2018
April 6, 2021
Updated personnel
Identified 4 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesChapter / child organizationsCharities
Issues
Human services
Characteristics
Receives government fundingTax deductible donations
General information
Address
500 Lenoir Rd
Morganton, NC 28655
Metro area
Hickory-Lenoir-Morganton, NC
County
Burke County, NC
Website URL
graceridge.org/ 
Phone
(828) 580-5000
IRS details
EIN
56-1722754
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Subordinate organization
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