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Filing year 2023

CAROLINA VILLAGE INC

Hendersonville, North Carolina·EIN 23-7179679·NTEE L220 · Housing & Shelter·501(c)(3)
Total revenue
$34.3M
Total assets
$137.9M
Total expenses
$33.5M
Reported officers
25
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

CEO
Above 90th percentilevs Housing & Shelter peers in North Carolina
$502k
$548k
Base
$433k
Bonus
Other
Benefits
$13k
Director of Operations
Above 90th percentile
$319k
$348k
Base
$253k
Bonus
Other
Benefits
$32k
CFO
Above 90th percentile
$218k
$238k
Base
$180k
Bonus
Other
Benefits
$32k
Health Care Administrator
Highest Compensated Employee
75th to 90th percentile
$200k
$218k
Base
$148k
Bonus
Other
Benefits
$32k
Director of Dining
Highest Compensated Employee
Median to 75th percentile
$153k
$168k
Base
$117k
Bonus
Other
Benefits
$32k
Controller
75th to 90th percentile
$148k
$162k
Business Office Manager
Business Manager
Median to 75th percentilevs all sectors nationwide
$136k
$148k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CAROLINA VILLAGE INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 3%
from 2022

From $515k in 2022 to $502k in 2023.

$515k
2022
$502k
2023
In today's dollarsEst.
Down 7% in real terms$588k to $548k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 3% from 2022 to 2023, while revenue rose 2%.

$515k in 2022 to $502k in 2023.
  • Chief Operating Officer pay rose 2% from 2022 to 2023.
  • Chief Financial Officer pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CAROLINA VILLAGE INC

What does the Chief Executive Officer of CAROLINA VILLAGE INC earn?

In 2023, the Chief Executive Officer of CAROLINA VILLAGE INC received $501,618 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CAROLINA VILLAGE INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in North Carolina, the 2023 pay of the Chief Executive Officer at CAROLINA VILLAGE INC falls in the top 10%. In 2023, the highest total compensation at CAROLINA VILLAGE INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are CAROLINA VILLAGE INC's revenue and expenses?

In 2023, CAROLINA VILLAGE INC reported $34.3M in total revenue and $33.5M in total expenses on its IRS Form 990.

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