Moravian Home Incorporated dba Salemtowne logo

Moravian Home Incorporated dba Salemtowne

Public charity · Grantmaker Winston-Salem, 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.

Key facts about Moravian Home Incorporated dba Salemtowne

EIN
56-0963926
Latest 990 filing
Form 990, 2025
Total assets
$124,402,490

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$124.4M

-5.2% YoY

Revenue

$41.5M

+5.5% YoY

Net Investment Income

$1.4M

+110.6% YoY

Expenses

$43.0M

+7.4% YoY

How Moravian Home Incorporated dba Salemtowne gives

  • Giving grew 1106% from 2019 to 2022. Method

From the foundation's IRS Form 990 filings. Methodology.

About Moravian Home Incorporated dba Salemtowne

Based on IRS filings

Moravian Home Incorporated dba Salemtowne 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 $124.4M in total assets. Net investment income was $1.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Winston-Salem

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M2 grants2019 0 grants2020 2 grants2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $70K (2019) to $850K (2022). In 2022 it made 1 grant totaling $850K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K1$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 3 (33%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$124,402,490$131,234,419$131,791,581
Revenue$41,505,884$39,341,268$40,790,928
Expenses$42,991,730$40,041,593$40,646,316
Net Investment Income$1,361,308$646,432$-1,126,109

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS February 10, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS February 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS February 9, 2023)
  4. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Moravian Home Incorporated dba Salemtowne is led by Mark A. Steele, President & CEO since 2025 (on filings since 2019); 11 of 27 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Mark A. Steele

    President & CEO

    CEO → President & CEO, 2025

    On filings since 2019

    40 hrs/week

    $261K (2019) → $277K (2025)

  • Paul E. Harrison

    President & CEO

    New on the 2025 filing

    40 hrs/week

    $126K (2025)

  • Marty Edwards

    Chair

    Vice Chair → Board Chair, 2024

    Board Chair → Chair, 2025

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Timothy S. Dahlke

    Director of Facilities

    Director of Facilities → Former Director of Facilities, 2024

    Former Director of Facilities → Director of Facilities, 2025

    On filings since 2023

    40 hrs/week

    $146K (2023) → $156K (2025)

  • Renee Brumagin

    Director of Marketing

    On filings since 2024

    40 hrs/week

    $109K (2024) → $112K (2025)

  • Stephanie Stone

    Director of Nursing

    On filings since 2024

    $118K (2024) → $136K (2025)

  • Anne Burris

    Vice President of Marketing & Sales

    Marketing Director → Vice President of Sales & Marketing, 2022

    Vice President of Sales & Marketing → Vice President of Marketing & Sales, 2023

    On filings since 2020

    40 hrs/week

    $121K (2020) → $166K (2025)

  • Allison E. Vessels

    Vice President of Hr & Resident Services

    On filings since 2023

    40 hrs/week

    $159K (2023) → $181K (2025)

  • Candise G. Eldridge

    Licensed Practical Nurse

    New on the 2025 filing

    40 hrs/week

    $148K (2025)

  • Eric Kirkeeng

    General Manager of Culinary Services

    New on the 2025 filing

    40 hrs/week

    $127K (2025)

  • Kristin J. Stathers

    Vice President of Healthcare Services

    New on the 2025 filing

    40 hrs/week

    $155K (2025)

  • Tracy Beisecker

    CFO

    New on the 2025 filing

    40 hrs/week

    $228K (2025)

  • Corlis Sellers-Drummond

    Secretary

    Board Member → Secretary, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Ferguson

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Aimee Smith

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Elms Allen

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Kevin Owen

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Larry Colbourne

    Treasurer

    Board Member → Treasurer, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • R Patrick Yeatts

    Board Member

    Board Member → Vice Chair, 2024

    Vice Chair → Board Member, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Russell Armistead

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Scott Southerland

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Chris Thore

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Leslee Battle

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Michelle Cook

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Rose Simon

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Terry Williams

    Vice Chair

    Board Member → Vice Chair, 2025

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Tim Gardner

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

Former officers (42)
  • Former: Emily Rector (2023–2024) — Vice President of Development
  • Former: Tracy Biesecker (2023–2024) — CFO
  • Former: Catherine Maynard (2024) — Vice President of Health Services
  • Former: Edwinna Swan (2024) — Home Care Director
  • Former: Betty C. Petree (2019–2023) — Board Member
  • Former: Carol Ann Adcock (2019–2023) — Board Member
  • Former: Chris Perry (2019–2023) — Treasurer
  • Former: John Geis (2019–2023) — Chair
  • Former: Kathleen O'Brien (2019–2023) — Board Member
  • Former: Matthew Dolge (2019–2023) — Board Member
  • Former: Joseph Yoon (2020–2023) — Vice President of Health Services
  • Former: Pattie Stoltz (2020–2023) — Board Member
  • Former: Tim McMullen (2022–2023) — Board Member
  • Former: Alyssa Brown (2023) — Director of Nursing
  • Former: Brian Tuckmantel (2019–2022) — CFO
  • Former: Graham Rights (2019–2022) — Board Member - Executive Officio
  • Former: Clyde J. Christmas (2021–2022) — Gm of Culinary Services
  • Former: Amy Pagano (2022) — Vice President of Rl & Administrator Svc
  • Former: Floyd Dickey (2022) — Controller
  • Former: Joe Yoon (2022) — Vice President of Healthcare
  • Former: Ann Barefield (2019–2021) — Board Member
  • Former: Chip Mims (2019–2021) — Board Member
  • Former: Edward J. Iii Lewis (2019–2021) — Board Member
  • Former: John Elster (2019–2021) — Treasurer
  • Former: Kathy Wilson (2019–2021) — Director Hr & Compliance
  • Former: Kimberly H. Stogner (2019–2021) — Board Member
  • Former: F. Keith Stirewalt (2020–2021) — Secretary
  • Former: Dickey Cham (2021) — Controller
  • Former: David E. Shaffner (2019–2020) — Treasurer
  • Former: Bill Whitehurst (2020) — Board Member
  • Former: Dewey Slusher (2020) — Controller
  • Former: Kelli Doby (2020) — Don
  • Former: Deron Mabe (2019) — Board Member
  • Former: Donald Frey (2019) — Board Member & Outgoing
  • Former: Evelyn Acree (2019) — Board Member
  • Former: Keith Stirewalt (2019) — Board Member
  • Former: Nikki Burris (2019) — Director of Marketing
  • Former: Peggy Carter (2019) — Board Member & Outgoing
  • Former: Peggy Valentine (2019) — Board Member
  • Former: Rich Harris (2019) — Board Member & Outgoing
  • Former: Richard Gotlieb (2019) — Board Member
  • Former: Valene Franco (2019) — Board Member

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

Mark Steele — President/CEO (outgoing): $277KMark SteelePresident/CEO (outgoing)$277KTracy Beisecker — CFO: $228KTracy BeiseckerCFO$228KAllison E Vessels — VP of HR/Resident Services: $181KAllison E VesselsVP of HR/Resident Services$181KAnne Burris — VP of Marketing and Sales: $166KAnne BurrisVP of Marketing and Sales$166KTimothy S Dahlke — Director of Facilities: $156KTimothy S DahlkeDirector of Facilities$156KKristin J Stathers — VP of Healthcare Services: $155KKristin J StathersVP of Healthcare Services$155KCandise G Eldridge — Licensed Practical Nurse: $148KCandise G EldridgeLicensed Practical Nurse$148KStephanie Stone — Director of Nursing: $136KStephanie StoneDirector of Nursing$136KEric Kirkeeng — General Manager of Culinary Services: $127KEric KirkeengGeneral Manager of Culinary…$127KPaul E Harrison — President/CEO (incoming): $126KPaul E HarrisonPresident/CEO (incoming)$126KRenee Brumagin — Director of Marketing: $112KRenee BrumaginDirector of Marketing$112K

The highest reported compensation on the 2025 filing was $277K, to Mark Steele (President/CEO (outgoing)). 11 officers or directors reported compensation on that filing.

Frequently asked questions about Moravian Home Incorporated dba Salemtowne

How large is Moravian Home Incorporated dba Salemtowne?

Moravian Home Incorporated dba Salemtowne reported $124.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $41.5M.

What is Moravian Home Incorporated dba Salemtowne?

Moravian Home Incorporated dba Salemtowne is a public charity focused on Human Services, based in Winston-Salem, NC. It holds $124.4M in total assets as of 2025.

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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