Kirkwood by the River
Legal name: Presbyterian Retirement Homes of Birmingham Inc
Nonprofit profile at a glance
- EIN
- 630726127
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Birmingham, AL, United States
- Phone
- 205-956-2184
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $19,133,038
- Expenses
- $18,382,632
- Assets
- $49,749,194
- Liabilities
- $39,933,744
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- CHAD CARTER (PRESIDENT)
Highest reported compensation
- CHAD CARTER (PRESIDENT): $191,577 total reported compensation
- WILLIAM WIDMAN (CFO): $157,860 total reported compensation
- GAYLE LEDBETTER (NURSING): $140,498 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kirkwood by the River provides faith-based senior living as a Life Plan Community, offering a full continuum of care to meet the needs of aging adults.
What it reported doing in 2024
Personal care services & other misc
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.1%; rating input score 87
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 2.71; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.8; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 4.7%; rating input score 53; 53rd percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 15.1% per year; rating input score 100; 81st percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 87.1% of revenue deployed · 90.9% of spending went to programs
- Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $16.7M in reported program spending
- Leadership: top reported pay $192K · 24 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6M reported
- Consistency: 31 of 31 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 53/100.