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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 Health Care Grace Nursing Center Inc.

Grace Nursing Center Inc.

Fiscal year ending 2020. Filed on November 9, 2021.

109 Foothills Drive
Morganton, North Carolina 28655

Grace Nursing Center Inc. (EIN: 56-1838369) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Grace Nursing Center Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $144,767. The highest compensated employee at Grace Nursing Center Inc. is Clay Richardson, M.D. with fiscal year 2020 compensation of $251,724.

Revenue, expenses, and employee compensation

Revenue

$774,145

Expenses

$200,596

Employee compensation

$107,029
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Clay Richardson, M.D.
Member at-large
$251,724
$0 $200,016 $51,708
Patricia Moll
Interim Chief Financial Officer
$37,809
$0 $35,762 $2,047
Kathy Bailey
President and Chief Executive Officer
$0
Robert G Fritts
Senior Vice President of Finance and Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Alan Griffin
Board Member
Allen Vannoppen
Board Member
Brian Gwyn
Board Member
Felicia Simmons
Board Member
Frieda Clark
Board Member
J Michael Bridges
Chair
Jeff Carswell
Treasurer
Jennifer Brady, M.D.
Board Member
John Branstrom
Board Member
M H McCrary
Vice Chair
Sherrod Salsbury
Secretary
Susan Haire
Board Member

Mission Statement

GRACE NURSING CENTER 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 Nursing Center Inc. 990 filed
May 2, 2024:
2023 Grace Nursing Center Inc. 990 filed
May 2, 2023:
2022 Grace Nursing Center Inc. 990 filed

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