Moravian Home Incorporated dba Salemtowne

WINSTONSALEM, NC EIN: 56-0963926 Website

Salemtowne is a nonprofit continuing care retirement community that promotes the well-being of its residents by providing a caring environment. Salemtowne is an ecumenical community that reflects the Moravian values of individual respect, hospitality, lifelong learning, and love of the arts.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$131.2M

-0.4% YoY

Revenue

$39.3M

-3.6% YoY

Net Investment Income

$646K

-157.4% YoY

Expenses

$40.0M

-1.5% YoY

About Moravian Home Incorporated dba Salemtowne

Based on IRS filings

Moravian Home Incorporated dba Salemtowne is a nonprofit organization focused on Human Services, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $131.2M in total assets. Net investment income was $646K.

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $1.4M (100%)

States

North Carolina

Cities

Winston Salem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$131,234,419	$131,791,581	$135,166,146
Revenue	$39,341,268	$40,790,928	$36,716,865
Expenses	$40,041,593	$40,646,316	$39,004,328
Qualifying Distributions	—	—	—
Net Investment Income	$646,432	$-1,126,109	$785,629
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Corlis Sellers-Drummond	Secretary	2	—
Larry Colbourne	Treasurer	2	—
Marty Edwards	Board Chair	2	—
R Patrick Yeatts	Vice Chair	2	—
Aimee Smith	Board Member	2	—
Chris Thore	Board Member	2	—
Elms Allen	Board Member	2	—
John Ferguson	Board Member	2	—
Kevin Owen	Board Member	2	—
Leslee Battle	Board Member	2	—
Michelle Cook	Board Member	2	—
Rose Simon	Board Member	2	—
Russell Armistead	Board Member	2	—
Scott Southerland	Board Member	2	—
Terry Williams	Board Member	2	—
Tim Gardner	Board Member	2	—
Mark Steele	CEO	40	$348,561
Tracy Biesecker	CFO	40	$209,820
Allison Vessels	VP of HR/Resident Services	40	$178,380
Catherine Maynard	VP of Health Services	40	$161,625
Timothy Dahlke	Former Director of Facilities	40	$152,121
Ann Burris	VP of Marketing and Sales	40	$149,625
Edwinna Swan	Home Care Director	40	$100,061
Emily Rector	VP of Development	40	$111,244
Renee Brumagin	Director of Marketing	40	$108,775
Stephanie Stone	Director of Nursing	40	$117,797

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is Moravian Home Incorporated dba Salemtowne?

Moravian Home Incorporated dba Salemtowne is a nonprofit organization focused on Human Services, based in WINSTONSALEM, NC. It holds $131.2M in total assets as of 2024.

How large is Moravian Home Incorporated dba Salemtowne?

As of 2024, Moravian Home Incorporated dba Salemtowne holds $131.2M in total assets with $39.3M in annual revenue.

Where does Moravian Home Incorporated dba Salemtowne operate?

Moravian Home Incorporated dba Salemtowne has awarded grants in North Carolina.

What is Moravian Home Incorporated dba Salemtowne's EIN?

Moravian Home Incorporated dba Salemtowne's EIN (Employer Identification Number) is 56-0963926. IRS Form 990 filing data is available on this page for 2020–2024.