CAROL WOODS SHALL BE A CHARITABLE, NOT-FOR-PROFIT CORPORATION MEETING THE NEEDS OF OLDER ADULTS FOR HOUSING, HEALTH, WELL-BEING, AND PROTECTION OF FINANCIAL SECURITY. THE MISSION OF CAROL WOODS SHALL BE TO PROVIDE A SAFE, HEALTHFUL, AND SECURE ENVIRONMENT FOR PERSONS THROUGHOUT THEIR LATER YEARS, AS WELL AS ENGAGE IN COOPERATIVE RESEARCH, DEVELOPMENT AND EDUCATION IN AREAS ENCOMPASSED BY THE MISSION. HIGH QUALITY RESIDENTIAL LIVING AND HEALTH SERVICES SHALL BE PROVIDED ACCORDING TO INDIVDUAL NEEDS. RESIDENTS' ON-GOING NEEDS TO MAINTAIN AND PROMOTE HEALTH AND WELL-BEING SHALL BE SUPPORTED THROUGH THE PROVISION OF APPROPRIATE RESOURCES. CAROL WOODS SHALL ENCOURAGE DIVERSITY, RESIDENTS' LEADERSHIP, PARTICIPATION IN AND SERVICE TO CAROL WOODS AND THE LARGER COMMUNITY. CAROL WOODS SHALL ALSO FOSTER A HIGH QUALITY WORK EXPERIENCE FOR STAFF AND FACILITATE STAFF DEVELOPMENT THAT EMBODIES THE VALUES OF THE ORGANIZATION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $305k
- Bonus
- —
- Other
- —
- Benefits
- $46k
- Base
- $239k
- Bonus
- —
- Other
- —
- Benefits
- $44k
- Base
- $137k
- Bonus
- —
- Other
- —
- Benefits
- $46k
- Base
- $136k
- Bonus
- —
- Other
- —
- Benefits
- $42k
- Base
- $136k
- Bonus
- —
- Other
- —
- Benefits
- $28k
- Base
- $133k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $129k
- Bonus
- —
- Other
- —
- Benefits
- $16k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentilevs Housing & Shelter peers in North Carolina | $305k | — | — | $46k | $363k $386k |
VP of Finance / CFO (retired) Above 90th percentile | $239k | — | — | $44k | $293k $311k |
VP of Well-being Board Vice President 75th to 90th percentile | $137k | — | — | $46k | $189k $201k |
Occupational Therapist Highest Compensated Employee 75th to 90th percentile | $136k | — | — | $42k | $184k $195k |
RN - Registered Nurse Highest Compensated Employee 75th to 90th percentile | $136k | — | — | $28k | $170k $180k |
VP of HR Board Vice President 75th to 90th percentile | $133k | — | — | $14k | $153k $162k |
Rehabilitation Coordinator Highest Compensated Employee Median to 75th percentile | $129k | — | — | $16k | $150k $159k |
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 22 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 18%
from 2023
From $309k in 2023 to $363k in 2024.
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.
Chief Executive Officer pay rose 18% from 2023 to 2024, while revenue rose 16%.
- Chief Financial Officer pay rose 19% from 2023 to 2024.
- Board Vice President pay rose 22% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC
What does the Chief Executive Officer of THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC earn?
In 2024, the Chief Executive Officer of THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC received $363,497 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 THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER 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 CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC falls in the top 10%. In 2024, the highest total compensation at THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC's revenue and expenses?
In 2024, THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER INC reported $40.6M in total revenue and $36M in total expenses on its IRS Form 990.
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