EIN 56-6064186

Sharon Towers

IRS 501(c) type
501(c)(3)
Num. employees
432
Year formed
1969
Most recent tax filings
2022-12-01
Description
Sharon Towers is a continuous care retirement community offering both independent and assisted living housing. Sharon Towers has emerged as one of the leading not-for-profit retirement living communities in the Charlotte, North Carolina region.
Also known as...
The Presbyterian Home at Charlotte
Total revenues
$28,589,138
2022
Total expenses
$28,080,307
2022
Total assets
$213,210,140
2022
Num. employees
432
2022

Program areas at Sharon Towers

The Presbyterian Home at Charlotte, Inc. Provides housing, health care, and other related services to residents through The operation of a retirement facility which at december 31, 2022, contained 253 independent living units, 40 assisted living units, and a 96 bed health care center (37 health care beds out of service during construction).

Grants made by Sharon Towers

GranteeGrant descriptionAmount
Alzheimers Association Western Carolina ChapterWalk To End Alzheimer's and Dementia Education$165,000
InReachSupport for A Wide Variety of Services To Individuals With Intellectual and Mental Deficits$125,000
Loaves and FishesFriendship TraysHome Delivered Meals To Those in Need$25,000
...and 3 more grants made

Who funds Sharon Towers

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Trexler FoundationGeneral$100,000
Foundation for the CarolinasCharitable Gift$67,000
CBT Charitable TrustGeneral$55,000
...and 8 more grants received

Personnel at Sharon Towers

NameTitleCompensation
Angela RigsbeePresident and Chief Executive Officer$237,861
Charles R GaskinsChief Financial Officer$203,448
Elizabeth ByrdVice President Nursing Services$121,596
Milton McGowianVice President Resident Services$136,566
Anne MoffatPresident and Chief Executive Officer / Chief Executive Officer / Executive Director$323,924
...and 13 more key personnel

Financials for Sharon Towers

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,432,369
Program services$27,236,684
Investment income and dividends$663,579
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-743,494
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$28,589,138

Form 990s for Sharon Towers

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-11990View PDF
2021-122022-11-11990View PDF
2020-122021-05-24990View PDF
2019-122020-10-22990View PDF
2018-122020-01-10990View PDF
...and 10 more Form 990s

Organizations like Sharon Towers

OrganizationLocationRevenue
The Village at RockvilleFrederick, MD$37,956,141
Masonicare at Ashlar VillageWallingford, CT$30,919,426
Fox Run Orchard ParkOrchard Park, NY$22,551,973
Canterbury WoodsWilliamsville, NY$27,847,656
Brethren Village Retirement CommunityLititz, PA$50,111,596
Orchard CoveCanton, MA$25,560,319
ThriveMoreWinston Salem, NC$39,587,272
Methodist Retirement Center of Central OhioColumbus, OH$13,710,062
Pinnacle Living (VUMH)Glen Allen, VA$93,876,733
Larksfield PlaceWitchita, KS$23,108,904
Data update history
September 27, 2023
Received grants
Identified 1 new grant, including a grant for $2,000 from Herschel H and Cornelia N Everett Foundation
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 11, 2023
Used new vendors
Identified 11 new vendors, including , , , , , , , , , , and
July 1, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesHeadquarter / parent organizationsCharities
Issues
Human services
Characteristics
LobbyingState / local levelEndowed supportTax deductible donations
General information
Address
5100 Sharon Rd
Charlotte, NC 28210
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Website URL
sharontowers.org/ 
Phone
(704) 553-1670
Facebook page
sharontowerscharlotte 
IRS details
EIN
56-6064186
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
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
Central organization
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