Carolina Meadows Residents Association Inc

Nonprofit profile at a glance

EIN
561608504
IRS 990-EZ coverage
2011–2025
Forms available
Form 990 2010, Form 990-EZ 2025
Location
Chapel Hill, NC, USA
Phone
9199298634
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$78,891
Expenses
$62,381
Assets
$122,439

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Jan Rider (President)
  • Beth Wortman (Vice President)
  • Pat Mandell (Past President)
  • Joan Rehm (Vice President)

People named in this filing

  • Jan Rider (President)
  • Beth Wortman (Vice President)
  • Sharyn Vaughn (Shop Finl Mgr)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Established to enhance the quality of life of the nearly 700 residents of Carolina Meadows, a continuing-care retirement community in Chatham County, North Carolina.

What it reported doing in 2025

Sponsored and or supported various small groups and various projects for the benefit of the membership. Groups included Book Club, Art Guild, Social Hours, Garden Club, Wood Shop, Health and Fitness, Mens' Breakfast, Women's Breakfast, Remembrances, Pottery classes, Meadow Garden etc.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77%; rating input score 77
  • Program expense ratio: 97.3%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 20.9%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 1.96; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 5.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 77% of revenue deployed · 97.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments · $61K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Officer compensation ratio scored 56/100.