Big Elm Retirement Center

KANNAPOLIS, NC EIN: 56-1273797

Outreach ministry to indigent, aged, and needy

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-2.1% YoY

Revenue

$275K

-6.8% YoY

Net Investment Income

$4K

+2.6% YoY

Expenses

$303K

+2.6% YoY

About Big Elm Retirement Center

Based on IRS filings

Big Elm Retirement Center is a nonprofit organization, based in KANNAPOLIS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

China GroveConcordKannapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$174K$262K$349K20202021202220232024
Metric202420232022
Total Assets$1,339,168$1,367,647$1,368,035
Revenue$274,747$294,804$289,088
Expenses$303,300$295,671$308,198
Qualifying Distributions
Net Investment Income$3,664$3,571$1,234
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$13K$20K$27K4 grants20202 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Rebecca BarnesExecutive Director$15K

From 2024 filing

NameTitleHoursCompensation
Pat PalmquistPresident2
Gary HolmanDirector2
John TaylorChairman2
Sam CrispDirector2
Don NewtonDirector2
Greg SloopDirector2
Rebecca BarnesExecutive Director40$15,242
Rebecca OsborneDirector2
Eddie HeglarDirector2
Steve OwensDirector2
Judy PalmquistDirector2

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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