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Filing year 2023

VALDESE NURSING HOME INC

Connelly Springs, North Carolina·EIN 58-1978560·NTEE E91 · Health Care·501(c)(3)
Total revenue
$683k
Total assets
$724k
Total expenses
$117k
Reported officers
13
Mission

VALDESE NURSING HOME, INC. IS DEDICATED TO PROVIDING EXCELLENT CARE AND HELPING EACH RESIDENT ACHIEVE AN OPTIMAL QUALITY OF LIFE.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in North Carolina.

CFO
25th percentile to median
$50k
$54k
Board Member
10th to 25th percentile
$15k
$16k
President & CEO
Below 10th percentile
$10k
$11k

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 10 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VALDESE NURSING HOME INC equaled 43% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
43%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 15%
from 2022

From $43k in 2022 to $50k in 2023.

$43k
2022
$50k
2023
In today's dollarsEst.
Up 10% in real terms$50k to $54k

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 Financial Officer pay rose 15% from 2022 to 2023, while revenue held roughly steady.

$43k in 2022 to $50k in 2023.
  • Board Member pay fell 27% from 2022 to 2023.
  • Chief Executive Officer pay fell 25% 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 VALDESE NURSING HOME INC

What does the Chief Financial Officer of VALDESE NURSING HOME INC earn?

In 2023, the Chief Financial Officer of VALDESE NURSING HOME INC received $49,744 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Health Care organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at VALDESE NURSING HOME INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in North Carolina, the 2023 pay of the Chief Financial Officer at VALDESE NURSING HOME INC falls between the 25th percentile and the median. In 2023, the highest total compensation at VALDESE NURSING HOME INC equaled 43% of the organization's total expenses. The median for health care organizations is 4%.

What are VALDESE NURSING HOME INC's revenue and expenses?

In 2023, VALDESE NURSING HOME INC reported $683k in total revenue and $117k in total expenses on its IRS Form 990.

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