Carmel Hills Retirement Comm

Human Services · Charlotte, North Carolina

2801 Carmel Road, Charlotte, NC 28226-6393

EIN: 581307937· Founded: Mar 1978· 48 years active· Filing Year: 2024

Annual Revenue

$4.0M

Total Expenses

$3.7M

Total Assets

$3.4M

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$102K

2.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.8M

Total Payroll

$1.9M

50% of total expenses

Where the Money Goes

95%

Programs: 95%

Payroll: 50%

Other overhead: 5%

Program Revenue$3.5M (89%)

Total Expenses$3.7M (93%)

Payroll$1.9M (50%)

Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$4.0M annual revenue

15%

Executive Compensation

$102K total officer comp (2.7% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$3.4M in assets

10%

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Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.