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Filing year 2024

WELL-SPRING RETIREMENT COMMUNITY INC

Greensboro, North Carolina·EIN 56-1497371·NTEE P750 · Human Services·501(c)(3)
Total revenue
$43M
Total assets
$139.1M
Total expenses
$41.4M
Reported officers
24
Mission

WELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.

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 Human Services organizations in North Carolina.

Executive Director
Above 90th percentile
$278k
$295k
Base
$208k
Bonus
$28k
Other
Benefits
$3k
Director of Health Services
Key Employee
75th to 90th percentilevs Human Services peers nationwide
$202k
$214k
Base
$150k
Bonus
$22k
Other
Benefits
$2k
Director of Nursing
Highest Compensated Employee
Median to 75th percentile
$160k
$170k
Director of Dining Services
Highest Compensated Employee
Median to 75th percentile
$159k
$168k
Director of Facilities
Highest Compensated Employee
25th percentile to median
$136k
$144k
President CEO
25th percentile to median
$49k
$52k
Secretary Interim Treas
Secretary (Operational)
25th percentile to medianvs Human Services peers nationwide
$38k
$40k

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 17 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WELL-SPRING RETIREMENT COMMUNITY INC equaled 0.7% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
0.7%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 21%
from 2023

From $230k in 2023 to $278k in 2024.

$230k
2023
$278k
2024
In today's dollarsEst.
Up 17% in real terms$251k to $295k

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 21% from 2023 to 2024, while revenue rose 8%.

$230k in 2023 to $278k in 2024.
  • Highest Compensated Employee pay fell 13% from 2023 to 2024.
  • Secretary (Operational) pay rose 61% from 2023 to 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 WELL-SPRING RETIREMENT COMMUNITY INC

What does the Chief Executive Officer of WELL-SPRING RETIREMENT COMMUNITY INC earn?

In 2024, the Chief Executive Officer of WELL-SPRING RETIREMENT COMMUNITY INC received $277,963 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services 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 WELL-SPRING RETIREMENT COMMUNITY INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in North Carolina, the 2024 pay of the Chief Executive Officer at WELL-SPRING RETIREMENT COMMUNITY INC falls in the top 10%. In 2024, the highest total compensation at WELL-SPRING RETIREMENT COMMUNITY INC equaled 0.7% of the organization's total expenses. The median for human services organizations is 8%.

What are WELL-SPRING RETIREMENT COMMUNITY INC's revenue and expenses?

In 2024, WELL-SPRING RETIREMENT COMMUNITY INC reported $43M in total revenue and $41.4M in total expenses on its IRS Form 990.

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