The Pines at Davidson
Legal name: The Pines at Davidson Inc
Nonprofit profile at a glance
- EIN
- 581598135
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Davidson, NC, US
- Phone
- (704) 896-1100
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $47,990,437
- Expenses
- $37,446,239
- Assets
- $180,927,488
- Liabilities
- $119,464,347
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- VERNON M BAKER (PRESIDENT, CEO)
- DAVID A GENTRY (VICE PRESIDENT/CFO)
Highest reported compensation
- VERNON M BAKER (PRESIDENT, CEO): $420,619 total reported compensation
- DAVID A GENTRY (VICE PRESIDENT/CFO): $327,696 total reported compensation
- LESLEY A CHAMBLESS (DIRECTOR OF HUMAN RESOURCES): $208,803 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Pines at Davidson is a not-for-profit Life Plan Community dedicated to providing a vibrant, secure, and fulfilling lifestyle for older adults, with a commitment to enhancing care and services through community support.
What it reported doing in 2025
All other services to meet the physical, emotional, intellectual and spiritual needs of residents including maintenance, security, housekeeping and laundry
Operating model
- Revenue model
- Other-operating. 65% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.1%; rating input score 76
- Program expense ratio: 90.7%; rating input score 91
- Fundraising efficiency: $21.15 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 16th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 22%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 4.83; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 43rd percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 76.1% of revenue deployed · 90.7% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $34M in reported program spending
- Leadership: top reported pay $421K · 25 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.1M reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.