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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Grace Lifecare Inc.

Grace Lifecare Inc.

Fiscal year ending 2023. Filed on May 11, 2024.

500 Lenoir Road
Morganton, North Carolina 28655

Grace Lifecare Inc. (EIN: 56-1722754) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Grace Lifecare Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 102 total employees. Among the employees shown here, the average compensation is $323,061. The highest compensated employee at Grace Lifecare Inc. is Kathy Bailey with fiscal year 2023 compensation of $979,442.

Revenue, expenses, and employee compensation

Revenue

$10,354,058

Expenses

$12,166,314

Employee compensation

$5,859,301
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathy Bailey
President and Chief Executive Officer
$979,442
$0 $965,485 $13,957
Patricia Moll
Chief Financial Officer
$430,768
$0 $387,359 $43,409
Gandhari Loomis, M.D.
Board Member
$337,860
$0 $317,688 $20,172
Jeffrey Bright
Marketing Director
$138,903
$122,120 No related comp$16,783
Nancy Lovelace
Administrator LTC
$132,228
$117,435 No related comp$14,793
Kenneth Cormier
Executive Director
$122,705
$119,819 No related comp$2,886
Linda Lackey
Nurse Manager
$119,520
$103,874 No related comp$15,646

Benchmark Employee Compensation

Non-Employee Board Members

Alan Griffin
Board Member
Alan Vannoppen
Board Member
Andrew Brant, M.D.
Board Member
David Bennett
Board Member
J Michael Bridges
Chair
Jeff Carswell
Treasurer
John Branstrom
Board Member
M H McCrary
Vice Chair
Sherrod Salsbury
Secretary
Susan Haire
Board Member
Tea Yang
Board Member

Mission Statement

GRACE LIFECARE IS COMMITTED TO IMPROVING THE HEALTH OF OUR COMMUNITIES BY PROVIDING EXCELLENT AND COMPASSIONATE CARE.

Revisions to this organization profile

May 1, 2025:
2024 Grace Lifecare Inc. 990 filed
May 11, 2024:
2023 Grace Lifecare Inc. 990 filed
May 2, 2023:
2022 Grace Lifecare Inc. 990 filed

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