The Chapel Hill Residential Retirement
CAROL WOODS SHALL BE A CHARITABLE, NOT-FOR-PROFIT CORPORATION MEETING THE NEEDS OF OLDER ADULTS FOR HOUSING, HEALTH, WELL-BEING, AND PROTECTION OF FINANCIAL SECURITY. THE MISSION OF CAROL WOODS SHALL BE TO PROVIDE A SAFE, HEALTHFUL, AND SECURE ENVIRONMENT FOR PERSONS THROUGHOUT THEIR LATER YEARS, AS WELL AS ENGAGE IN COOPERATIVE RESEARCH, DEVELOPMENT AND EDUCATION IN AREAS ENCOMPASSED BY THE MISSION. HIGH QUALITY RESIDENTIAL LIVING AND HEALTH SERVICES SHALL BE PROVIDED ACCORDING TO INDIVDUAL NEEDS. RESIDENTS' ON-GOING NEEDS TO MAINTAIN AND PROMOTE HEALTH AND WELL-BEING SHALL BE SUPPORTED THROUGH THE PROVISION OF APPROPRIATE RESOURCES. CAROL WOODS SHALL ENCOURAGE DIVERSITY, RESIDENTS' LEADERSHIP, PARTICIPATION IN AND SERVICE TO CAROL WOODS AND THE LARGER COMMUNITY. CAROL WOODS SHALL ALSO FOSTER A HIGH QUALITY WORK EXPERIENCE FOR STAFF AND FACILITATE STAFF DEVELOPMENT THAT EMBODIES THE VALUES OF THE ORGANIZATION.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$127.8M
+4.7% YoY
Annual Giving
$846K
-5.0% YoY
Grant Count
20
+0.0% YoY
Avg Grant Size
$42K
-5.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $127,793,531 | $121,999,246 | $120,640,930 |
| Revenue | $40,583,636 | $35,102,132 | $31,949,437 |
| Expenses | $35,969,893 | $34,172,779 | $32,474,861 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,692,511 | $3,277,870 | $1,397,174 |
| 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 10 recipients in 2024
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESS AYLOR | CHAIR OF THE BOARD | 1 | — |
| LARRY MCMANUS | VICE CHAIR | 1 | — |
| DELORES BAILY | BOARD MEMBER | 1 | — |
| REBECCA BRENT | BOARD MEMBER | 1 | — |
| SUSAN COPPOLA | BOARD MEMBER | 1 | — |
| STEPHEN ELKINS-WILLIAMS | BOARD MEMBER | 1 | — |
| JOHN EVANS | BOARD MEMBER | 1 | — |
| JOHN HAWKINS | BOARD MEMBER | 1 | — |
| DOROTHY HENINGER | BOARD MEMBER | 1 | — |
| CHARLES HOUSE | BOARD MEMBER | 1 | — |
| GEORGE LENSING | BOARD MEMBER | 1 | — |
| ALLEN MASK | BOARD MEMBER | 1 | — |
| TOM MILLER | BOARD MEMBER | 1 | — |
| KENDALL PAGE | BOARD MEMBER | 1 | — |
| WILL PERREAULT | BOARD MEMBER | 1 | — |
| BEN POPKIN | BOARD MEMBER | 1 | — |
| BRUCE RUNBERG | BOARD MEMBER | 1 | — |
| MARGARETE SANDELOWSKI | BOARD MEMBER | 1 | — |
| BETH SCHULTZ | BOARD MEMBER | 1 | — |
| ADAM STEIN | BOARD MEMBER | 1 | — |
| JOSH GURLITZ | BOARD MEMBER | 1 | — |
| CRYSTAL TORAIN | BOARD MEMBER | 1 | — |
| MARIANNE RATCLIFFE | PRESIDENT & CEO | 39 | $304,649 |
| KENNETH G REEB JR | VP OF FINANCE / CFO (RETIRED) | 39 | $238,642 |
| JENNIFER WILSON | VP OF WELL-BEING | 40 | $137,304 |
| LIZBETH TOMAJKO | VP OF HR | 40 | $133,244 |
| CRAIG ANDERSON | REHABILITATION COORDINATOR | 40 | $129,088 |
| LYDIA BARNES | RN - REGISTERED NURSE | 57 | $136,036 |
| SARAH SMILEY | OCCUPATIONAL THERAPIST | 46 | $136,036 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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