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Filing year 2024

THE CAROL WOODS CHARITABLE FUND INC

Chapel Hill, North Carolina·EIN 20-4262143·NTEE L11 · Housing & Shelter·501(c)(3)
Total revenue
$390k
Total assets
$2.7M
Total expenses
$262k
Reported officers
8
Mission

TO PROVIDE SUPPORT TO THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER, INC D/B/A THE CAROL WOODS RETIREMENT COMMUNITY, A 501(C)(3) ORGANIZATION.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President and CEO
25th percentile to median
$60k
$64k
Treasurer - Retired
Officer (Unspecified)
$36k
$39k

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 6 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE CAROL WOODS CHARITABLE FUND INC equaled 23% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
23%
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.

Top compensation, year by year

From $20k in 2023 to $60k in 2024.

$20k
2023
$60k
2024
In today's dollarsEst.
Up 194% in real terms$22k to $64k

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 rose 202% from 2023 to 2024, while revenue fell 2%.

$20k in 2023 to $60k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 THE CAROL WOODS CHARITABLE FUND INC

What does the Chief Executive Officer of THE CAROL WOODS CHARITABLE FUND INC earn?

In 2024, the Chief Executive Officer of THE CAROL WOODS CHARITABLE FUND INC received $60,413 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE CAROL WOODS CHARITABLE FUND INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in North Carolina, the 2024 pay of the Chief Executive Officer at THE CAROL WOODS CHARITABLE FUND INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE CAROL WOODS CHARITABLE FUND INC equaled 23% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are THE CAROL WOODS CHARITABLE FUND INC's revenue and expenses?

In 2024, THE CAROL WOODS CHARITABLE FUND INC reported $390k in total revenue and $262k in total expenses on its IRS Form 990.

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