Baptist Retirement Homes of North Carolina Incorporated
Baptist retirement homes of North Carolina, inc. Dba thrivemore is a church-related, not-for-profit organization committed to providing quality care and a meaningful way of life for residents and staff... A place where residents and staff become an extension of family that recognizes the dignity and worth of each individual.
Key facts about Baptist Retirement Homes of North Carolina Incorporated
- EIN
- 56-0562308
- Latest 990 filing
- Form 990, 2025
- Total assets
- $232,106,035
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$232.1M
+22.4% YoY
Revenue
$44.4M
+0.3% YoY
Net Investment Income
$2.1M
+71.0% YoY
Expenses
$55.6M
+6.9% YoY
How Baptist Retirement Homes of North Carolina Incorporated gives
- Giving grew 219% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Baptist Retirement Homes of North Carolina Incorporated
Based on IRS filings
Baptist Retirement Homes of North Carolina Incorporated is a public charity focused on Human Services, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $232.1M in total assets. Net investment income was $2.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $5K (2019) to $575K (2024). In 2024 it made 1 grant totaling $575K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $232,106,035 | $189,607,114 | $136,825,376 |
| Revenue | $44,428,310 | $44,295,811 | $52,031,584 |
| Expenses | $55,572,638 | $51,979,121 | $47,484,488 |
| Net Investment Income | $2,140,682 | $1,252,119 | $9,861,571 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS July 6, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Baptist Retirement Homes of North Carolina Incorporated is led by Reed A. Vanderslik, CEO since 2022 (on filings since 2019); 8 of 28 officers listed in 2025 are compensated.
Officers on the 2025 filing
Reed A. Vanderslik
CEO
President of Affiliate & Assistant Treasurer → President of Affiliate & A, 2021
President of Affiliate & A → CEO, 2022
On filings since 2019
36 hrs/week
$97K (2020) → $406K (2025)
Tatum Myers
Executive Director
Administrator → Executive Director, 2024
On filings since 2022
40 hrs/week
$130K (2022) → $158K (2025)
Cynthia Moore
Executive Director
On filings since 2024
40 hrs/week
$150K (2024) → $119K (2025)
Pamela Pate
Executive Director & Ardenwoods
New on the 2025 filing
40 hrs/week
$167K (2025)
Betty Lynne Johnson
Chair
Board Member → Vice Chair, 2024
Vice Chair → Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Shannon Sears
Director & Clinical Complia
Director & Clinical Compliance → Director & Clinical Complia, 2025
On filings since 2024
40 hrs/week
$119K (2024) → $143K (2025)
Bobby F. Watson
Trustee
Board Treasurer → Board Teasurer, 2023
Board Teasurer → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Clarence R. Lambe Jr.
Trustee
Vice Chair → Board Chair, 2022
Board Chair → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Perry H. Bailey
Trustee
Trustee → Board Member, 2020
Board Member → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Ralph S. Morgan
Trustee
Trustee → Board Member, 2020
Board Member → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Wanda J. Rose
Trustee
Board Member → Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
Rhonda Lowe
Trustee
Board Member → Trustee, 2025
On filings since 2021
1 hr/week
No compensation reported
Sobeida Adolphus
Trustee
Board Member → Trustee, 2024
On filings since 2022
1 hr/week
No compensation reported
Drnathan Scovens
Trustee
On filings since 2024
1 hr/week
No compensation reported
Nidra Ricks
Trustee
On filings since 2024
1 hr/week
No compensation reported
Phil Feagan
Trustee
On filings since 2024
1 hr/week
No compensation reported
Sammy Gianopoulos
Trustee
On filings since 2024
1 hr/week
No compensation reported
Tamara Caple
Trustee
On filings since 2024
1 hr/week
No compensation reported
Andrey Johnson
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
H. Powell Dew Jr.
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Maryjo Cleveland
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jessica McCollum
Chief Operating Officer
Vice President of Operations → Chief Operating Officer, 2024
On filings since 2021
40 hrs/week
$125K (2021) → $254K (2025)
Jennifer Bartscht
Chief Marketing Officer
Vice President of Marketing → Chief Marketing Officer, 2024
On filings since 2022
40 hrs/week
$124K (2022) → $162K (2025)
Michael Brady
CFO
CFO - → CFO, 2025
On filings since 2024
36 hrs/week
$207K (2025)
Charles D. Mast
Immediate Past Chair
Board Member → Chair, 2024
Chair → Immediate Past Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Michael R. Taylor
Vice Chair
Board Member → Trustee, 2024
Trustee → Vice Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Janet Blanford
Secretary
Board Member → Secretary, 2024
On filings since 2022
1 hr/week
No compensation reported
Sarah Mayo
Treasurer
Board Member → Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (43)
- Former: Carolyn D. Helms (2021–2024) — Trustee
- Former: Daniel Rice (2021–2024) — Immediate Past Chair
- Former: Dave Horne (2021–2024) — Trustee
- Former: Scott Farkas (2021–2024) — CFO -
- Former: Connie McBride (2024) — Lpn
- Former: Jo Cleveland (2024) — Trustee
- Former: Powell Drew (2024) — Trustee
- Former: A. Edward Beddingfield Jr. (2019–2023) — Board Secretary
- Former: Jeffrey L. Cobb (2019–2023) — Board Member
- Former: John S. Pond Jr. (2019–2023) — Board Member
- Former: William Meginnis (2019–2023) — Construction Services
- Former: Franklin S. Watkins (2021–2023) — Board Member
- Former: James L. McCoy III (2021–2023) — Board Member
- Former: Nathaniel Leonard (2021–2023) — Board Member
- Former: Alison Switzer (2023) — Administrator
- Former: Elizabeth Arnold (2023) — Lpn
- Former: W. Linville Roach (2023) — Board Member
- Former: Debra A. Meginnis (2019–2022) — Former COO
- Former: Betty Jackson (2021–2022) — Administrator
- Former: Richard Simpson (2021–2022) — Vice President of Clinical Services
- Former: Christopher Elmer (2019–2021) — Administrator
- Former: Henry M. Skinner Jr. (2019–2021) — Board Member
- Former: Jeannine M. Richman (2019–2021) — CFO
- Former: Mary Beth F. Johnston (2019–2021) — Board Member
- Former: Richard P. Murray (2019–2021) — Board Member
- Former: William B. Stillerman (2019–2021) — Emeritus President of Affi
- Former: Edward Beddingfield Jr. (2021) — Corporate Secretary
- Former: Anita H. Johnson (2019–2020) — Secretary
- Former: Beth Tyner Jones (2019–2020) — Board Member
- Former: Nancy E. Fish (2019–2020) — Board Member
- Former: Bob Watson (2020) — Board Member
- Former: Ed Beddingfield (2020) — Board Member
- Former: Jeff Cobb (2020) — Board Member
- Former: Jeff Hobart (2020) — Vice Chair
- Former: Labon McCoy (2020) — Board Member
- Former: Mike Taylor (2020) — Board Member
- Former: Nate Leonard (2020) — Board Member
- Former: Rick Murray (2020) — Board Member
- Former: Jeffrey K. Hobart (2019) — Trustee
- Former: Lee M. Kirby Jr. (2019) — Trustee
- Former: Lisa Johnson (2019) — Administrator
- Former: Mary E. Morgan (2019) — Trustee
- Former: Phillip R. Faegan (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $406K, to Reed Vanderslik (CEO). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Baptist Retirement Homes of North Carolina Incorporated
How large is Baptist Retirement Homes of North Carolina Incorporated?
Baptist Retirement Homes of North Carolina Incorporated reported $232.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $44.4M.
What is Baptist Retirement Homes of North Carolina Incorporated?
Baptist Retirement Homes of North Carolina Incorporated is a public charity focused on Human Services, based in Winston-Salem, NC. It holds $232.1M in total assets as of 2025.
Where does Baptist Retirement Homes of North Carolina Incorporated operate?
Baptist Retirement Homes of North Carolina Incorporated has awarded grants in North Carolina.
What is Baptist Retirement Homes of North Carolina Incorporated's EIN?
Baptist Retirement Homes of North Carolina Incorporated's EIN (Employer Identification Number) is 56-0562308. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Baptist Retirement Homes of North Carolina Incorporated by hand.
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Baptist Retirement Homes of North Carolina Incorporated down — hundreds of funders to go?