EIN 20-1055492

Penick Village Foundation

Name: Penick Village Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Southern Pines

State

North Carolina

Year formed

2003

Most recent tax filings

2023-09-01

NTEE code, primary

L11: Housing and Shelter Single Organization Support

Description

The Penick Village Foundation enhances the lives of residents and staff through various programs. It protects residents from displacement due to unforeseen financial circumstances via its Benevolent Assistance Program. The foundation supports employees and their families in their educational endeavors through the Van Camp Futrell Scholarship Program. It also provides emergency assistance and educational loans to staff through the Thiede Fund, while actively raising and distributing funds to support the charity work, mission, and vision of Penick Village, Inc.

Related structure

Penick Village Foundation is a subordinate organization under Penick Village.

Total revenues

$1,792,416

2023

Total expenses

$761,434

2023

Total assets

$3,162,560

2023

Num. employees

2023

Program areas at Penick Village Foundation

Raise and distribute funds to support the charity work, mission and vision of Penick Village, Inc.

Grants made by Penick Village Foundation

Grantee	Grant description	Grant year	Amount
Penick Village	General Support	2023-09	$417,585

Who funds Penick Village Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Donald & ELIZABETH Cooke Foundation	2023-12	Charitable	$10,000

Personnel at Penick Village Foundation

Name	Title	Compensation	Date of data
Alva Cromartie	Chief Executive Officer	$0	2023-09-30
Christopher Mooney	Chief Financial Officer		2024-08-15
Terry Kees	Past Chief Financial Officer	$0	2023-09-30
Adair Woronoff	Secretary	$0	2023-09-30
Jim Davis	Vice President	$0	2023-09-30
...and 9 more key personnel

Financials for Penick Village Foundation

Revenues	FYE 09/2023	FYE 09/2022	% Change
Total grants, contributions, etc.	$1,511,604	$686,471	120.2%
Program services	$0	$0	-
Investment income and dividends	$73,042	$97,632	-25.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$245,495	$5,983	4003.2%
Net income from fundraising events	$-37,725	$-56,199	32.9%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$1,792,416	$733,887	144.2%

Form 990s for Penick Village Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-09	2024-08-15	990	View PDF
2022-09	2023-08-15	990	View PDF
2021-09	2022-08-14	990	View PDF
2020-09	2021-08-11	990	View PDF
2019-09	2020-10-07	990	View PDF
...and 10 more Form 990s

Organizations like Penick Village Foundation

Organization	Type	Location	Revenue
Rogue Valley Manor Foundation	501(c)(3)	Medford, OR	$1,544,784
Lutheran Life Communities Foundation	501(c)(3)	Arlington Heights, IL	$2,481,563
Front Porch Communities Foundation	501(c)(3)	Glendale, CA	$6,309,382
Presbyterian Villages of Michigan Foundation	501(c)(3)	Southfield, MI	$3,295,677
Seacrest Village Retirement Communities	501(c)(3)	Encinitas, CA	$2,803,291
Valley Senior Living Foundation	501(c)(3)	Grand Forks, ND	$509,238
Morningstar Senior Living Foundation	501(c)(3)	Nazareth, PA	$485,006
Madison Avenue	501(c)(3)	Long Beach, CA	$705,065
The Brethren Home Foundation	501(c)(3)	New Oxford, PA	$4,411,506
Twelve Oaks Foundation	501(c)(3)	Altadena, CA	$1,924,649

Data update history

September 24, 2024

Posted financials

Added Form 990 for fiscal year 2023

September 21, 2024

Received grants

Identified 1 new grant, including a grant for $10,000 from Donald & ELIZABETH COOKE Foundation

September 21, 2024

Updated personnel

Identified 2 new personnel

September 30, 2023

Posted financials

Added Form 990 for fiscal year 2022

August 17, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Grantmaking organizationsHousing and shelter organizationsRetirement homesChapter / child organizationsCharities

Issues

EducationHuman servicesHousing

Characteristics

Funds one specific organizationProvides grantsFundraising eventsProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 500 E Rhode Island Ave; Southern Pines, NC 28387
County: Moore County, NC
Website URL: penickvillage.org/about-us/foundation/
Phone: (910) 692-0300

IRS details

EIN: 20-1055492
Fiscal year end: September
Taxreturn type: Form 990
Year formed: 2003
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L11: Housing and Shelter Single Organization Support
NAICS code, primary: 62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status: Subordinate organization

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Penick Village Foundation

Program areas at Penick Village Foundation

Grants made by Penick Village Foundation

Who funds Penick Village Foundation

Personnel at Penick Village Foundation

Financials for Penick Village Foundation

Form 990s for Penick Village Foundation

Organizations like Penick Village Foundation

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