2025-03-12T11:28:58+00:00 2024-03-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-04-01 237179679 CAROLINA VILLAGE INC CARO 8286926275 600 Carolina Village Road Hendersonville NC 28792 Kevin Parries CEO 8286926275 2025-03-12 true true Amy Bibby P00445891 8282542254 2025-02-27 2023 2025-03-06 01:10:19Z 34270836 false X www.carolinavillage.com X 1972 NC TO MAINTAIN AND OPERATE A RETIREMENT HOME, MEDICAL CENTER, AND ASSISTED LIVING CENTER. 18 18 448 18 0 0 1835562 204839 31315872 32480948 83713 817231 224369 767818 33459516 34270836 0 0 0 0 17207118 18418239 0 0 199353 14155611 15057350 31362729 33475589 2096787 795247 129083654 137942580 124409154 130779517 4674500 7163063 CAROLINA VILLAGE IS A NOT FOR-PROFIT FULL-SERVICE RETIREMENT FACILITY FOR SENIOR CITIZENS WITH A MISSION TO PROVIDE HOUSING, CONTINUING LIFE CARE, UP-TO-DATE SERVICE, AND A PLEASANT, CONGENIAL SOCIAL ENVIRONMENT TO ENCOURAGE PERSONAL GROWTH AND COMMUNITY PARTICIPATION WITHOUT REGARD TO RACE OR RELIGIOUS PERSUASION. false false 26903988 32480948 Carolina Village serves 530 residents in direct health care needs, meals, housing, and transportation. In the past year we have served 34,883 days of direct patient care in our Assisted Living and Skilled Nursing Care facilities. On our campus we provide Medicare services including but not limited to Physical Therapy, Occupational Therapy, and Speech Therapy. Our residents receive benefits from our comprehensive Wellness Program organized and coordinated by a facility staff member. The wellness program includes eight facets of wellness-physical, spiritual, environmental, social, vocational, intellectual, emotional, and nutritional. We maintain the Carolina Village HUB which is a real time information portal for residents and employees to receive up to the minute information about Carolina Village. The CV HUB is easily accessible from any computer or mobile device. Through our Quality First program we have given back to the community through food drives, school supply drives, benefit dinners, and other monetary gifts. We have partnered with the Henderson County Council on Aging, Special Olympics, Manna Food Bank, United Way, and other local non-profit organizations. Carolina Village provides 40 meals per day, 5 days a week to the local congregate meal site in association with the Henderson County Meals-on-Wheels program. 26903988 true true false false false false false false true true false false false false true true false false false false false false false false false false false false true true false false false false false false false false true false false false false false false false false false false true 40 0 true 448 true false false false false false false false false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true false X X X Amber Anderson 8282330603 600 Carolina Village Road Hendersonville NC 28792 Adam Shealy Secretary 1.5 X X 0 0 0 Justin Ward Assistant Secretary 1.5 X X 0 0 0 Mark Morse Vice-President 1.5 X X 0 0 0 Terry Andersen Treasurer 1.5 X X 0 0 0 Trina Strokes President 3.0 X X 0 0 0 Bill Gold Board Member 1.5 X 0 0 0 David Fluech Board Member 1.5 X 0 0 0 Kenneth Youngblood Board Member 1.5 X 0 0 0 Kimbela McMinn Board Member 1.5 X 0 0 0 Lee Mulligan Board Member 1.5 X 0 0 0 Lynn Killian Board Member 1.5 X 0 0 0 Richard Bobb Resident - Board Member 1.5 X 0 0 0 Rick Wood Board Member 1.5 X 0 0 0 Robbie Chenault Board Member 1.5 X 0 0 0 Sherri Metzger Resident - Board Member 1.5 X 0 0 0 Steven Young Board Member 1.5 X 0 0 0 Tim Kriegel Board Member 1.5 X 0 0 0 W Glover Little Board Member 1.5 X 0 0 0 Amber Anderson CFO 40.0 X 179518 0 38833 Kevin Parries CEO 40.0 X 433166 0 68452 Alex Tucker Health Care Administrator 40.0 X 148183 0 51546 Jon Renegar Director of Operations 40.0 X 252584 0 66171 Kristel Bane Business Office Manager 40.0 X 100124 0 35596 Maria Rich Director of Dining 40.0 X 117057 0 36344 Morgan Costner Controller 40.0 X 112243 0 36106 1342875 0 333048 7 false true false Frank Blum Construction 70 Charlotte St Suite 001 Asheville NC 28801 Construction/Remodeling 3519572 Owen Joseph 9 Walden Dr Unit I Arden NC 28704 Construction/Remodeling 1254101 TP Howard 90 Number Nine Rd Fairview NC 28730 Construction/Remodeling/Plumbing 614646 RiteRug 75 Brookfield Oaks Dr Greenville SC 29607 Construction/Remodeling/Flooring 511335 Carolina Electric & Maintenance PO Box 505 Arden NC 28704 Construction/Remodeling/Electrical Services 460380 20 204839 204839 Monthly Service Fees 623000 23838257 23838257 Medical Center 623000 2986051 2986051 Dietary 623000 2101461 2101461 Care Center 623000 1937830 1937830 Dietary - Med Ctr 623000 1617349 1617349 0 0 0 0 32480948 15174 15174 0 0 801417 640 801417 640 802057 802057 Miscellaneous 900099 767818 767818 0 0 0 0 767818 34270836 32480948 0 1585049 719970 719970 62046 62046 13383548 11503655 1879893 255439 208557 46882 2966473 2422024 544449 1030763 841583 189180 36849 36849 191179 191179 402452 402452 0 0 199353 199353 2031413 1463708 567705 136379 136379 2797940 2797940 124210 124210 2196141 2196141 4412662 4412662 Food 1585795 1585795 Medical Supply 674410 674410 Bad Debt 117456 117456 Miscellaneous 87321 87321 63790 63790 0 0 33475589 26903988 6372248 199353 2370170 3778629 6485998 2699254 0 0 0 126688 129761 285625 408347 173652259 66405773 101293644 107246486 18521529 23680103 0 0 0 0 129083654 137942580 3672355 3967359 63725793 68854880 49965221 57925935 0 7045785 31343 0 0 124409154 130779517 X 2969415 5353335 1705085 1809728 4674500 7163063 129083654 137942580 795247 1693316 0 X false true X true false X 49962 3526190 3498317 1835562 204839 9114870 26455366 29111688 29818640 31315872 32480948 149182514 0 0 0 26505328 32637878 33316957 33151434 32685787 158297384 0 0 0 105772 137756 243528 0 0 0 0 0 0 0 0 0 105772 137756 243528 158053856 11950 10596 2824 11879 15174 52423 0 11950 10596 2824 11879 15174 52423 0 226460 267616 203927 224369 767818 1690190 26743738 32916090 33523708 33387682 33468779 160039997 0.9876 0.9913 0 0.0004 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISC INCOME, COLUMN A - 226460.0, COLUMN B - 267616.0, COLUMN C - 203927.0, COLUMN D - 224369.0, COLUMN E - 767818.0, COLUMN F - 1690190.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 934676 43048 3160 -89176 1070060 957607 51987 1557 76475 934676 924466 58256 366 25481 957607 642816 96255 806 -184589 924466 656916 37997 528 52625 642816 0.0 0.3385 0.6615 false false 1513495 1513495 160905962 62873414 98032548 9040032 3532359 5507673 2192770 2192770 107246486 0 X 35964152 1693316 0 1693316 34270836 0 0 34270836 33475589 0 0 33475589 0 0 33475589 Schedule D, Part V, Line 4 Intended uses of endowment funds THE CAROLINA VILLAGE ENDOWMENT FUND WAS ESTABLISHED TO RECEIVE GIFTS, DEVISES, BEQUESTS, AND OTHER CONVEYANCES AND TO USE THEM FOR PROPERTY MAINTENANCE OR IMPROVEMENT PROJECTS, OR TO PROVIDE ECONOMIC ASSISTANCE TO RESIDENTS OR TO PERSONS DESIRING TO BE RESIDENTS. THE ENDOWMENT FUNDS INCLUDE DONOR-RESTRICTED FUNDS CLASSIFIED AS PERMANENTLY RESTRICTED, AND THE EARNINGS, INCLUDING NET APPRECIATION, ON THESE FUNDS THAT ARE TO BE SPENT ON THOSE PURPOSES WHICH ARE CLASSIFIED AS TEMPORARILY RESTRICTED. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE VILLAGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE VILLAGE HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF MARCH 31, 2024. X X X X false true false false false false false false Kevin Parries CEO 433166 0 0 0 0 0 55739 0 12713 0 501618 0 0 0 Amber Anderson CFO 179518 0 0 0 0 0 7189 0 31644 0 218351 0 0 0 Jon Renegar Director of Operations 252584 0 0 0 0 0 34527 0 31644 0 318755 0 0 0 Alex Tucker Health Care Administrator 148183 0 0 0 0 0 19970 0 31576 0 199729 0 0 0 Maria Rich Director of Dining 117057 0 0 0 0 0 4700 0 31644 0 153401 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The Village has a deferred compensation agreement with certain key employees. The agreement is to make contributions to their account at the discretion of the Board of Directors with an intention to provide annual funding equal to at least 10 percent of the employee's annual compensation. During calendar year 2023 the following amounts accrued. Kevin Parries - $42,539 Jon Renegar - $24,406 Alex Tucker - $14,037 A NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 65820YPD2 2017-12-27 84363613 Series 2017 Bonds false false false A 34750000 84363613 1814396 1225735 62052617 19307136 2017 true false true true A false false false false 0.0 0.0 0.0 false false false A false false false true false false false false false A false Schedule K, Part II, Line 3 THE AMOUNT OF TOTAL PROCEEDS PRESENTED ON LINE 3 INCLUDES INVESTMENT EARNINGS FROM DATE OF ISSUE TO THE END OF THE PRESENT FISCAL YEAR AS FOLLOWS: SALE PROCEEDS: $ 84,363,613 INVESTMENT EARNINGS TO DATE: 0 TOTAL TO LINE 3: $ 84,363,613 Schedule K, Part II, Line 11 THE AMOUNT PRESENTED ON LINE 11 REPRESENTS PROCEEDS USED TO CURRENTLY REFUND PRIOR ISSUES SERIES 2008 AND SERIES 2013. Tammy Camby SISTER OF CEO KEVIN PARRIES 62046 EMPLOYED BY ORGANIZATION AS ADMISSION COORDINATOR. Reports directly to the healthcare administrator. false Form 990, Part VI, Line 11b Review of form 990 by governing body THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION, THE RETURN WAS REVIEWED BY MANAGEMENT AND DISTRIBUTED TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE FINANCE COMMITTEE FORMALLY REVIEWED THE RETURN, AND RECOMMENDED TO THE FULL BOARD THAT THE RETURN BE APPROVED BEFORE FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy CAROLINA VILLAGE POLICY COMMITTEE REVIEWS THE POLICY ON AN ANNUAL BASIS AND MAKES ANY RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR ANY UPDATES AND CHANGES. THE EXECUTIVE DIRECTOR ENSURES EACH MEMBER OF THE BOARD RECEIVES REVIEWS AND SIGNS A COPY OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE EXECUTIVE COMMITTEE AND EXECUTIVE DIRECTOR ARE RESPONSIBLE FOR ENFORCING THE POLICY WITH EACH MEMBER. IF A SITUATION ARISES IN WHICH CONFLICT OF INTEREST IS POSSIBLE THE BOARD MEMBER(S) INVOLVED WILL REMOVE THEMSELVES DURING ANY DISCUSSIONS AND ABSTAIN FROM ANY VOTING. THE MINUTES OF THE BOARD WILL REFLECT THE PROCESS AND ADDITIONAL INFORMATION. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION FOLLOWS THE PROCESS DESCRIBED IN TREASURY REGULATION 4958(C) FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS IN THE REVIEW, APPROVAL, AND DOCUMENTATION OF OFFICER AND KEY EMPLOYEE COMPENSATION. A COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS EXAMINES DATA FROM THE FORMS 990 FROM VARIOUS SIMILARLY-SITUATED ORGANIZATIONS IN LIKE-SIZED COMMUNITIES AND ESTABLISHES COMPENSATION PACKAGES FOR THE CEO AND OTHER ORGANIZATION EXECUTIVES. Form 990, Part VI, Line 18 How forms are made available to the public PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE OR THE CAROLINA VILLAGE LIBRARY. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE ON THE NORTH CAROLINA DEPARTMENT OF INSURANCE WEBSITE, AS WELL AS AVAILABLE FOR VIEWING AT THE CAROLINA VILLAGE LIBRARY.