Moravian Home Incorporated dba Salemtowne
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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2019 (received by the IRS February 10, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 9, 2023)
- 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
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.
Here's the math on researching Moravian Home Incorporated dba Salemtowne by hand.
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