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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 Monarch

Monarch

Fiscal year ending 2018. Filed on October 31, 2018.

350 Pee Dee Avenue Suite 101
Albemarle, North Carolina 28001

Monarch (EIN: 56-1326126) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2018 IRS Form 990 filing, Monarch, a 501(c)(3) charitable organization, reported compensation for 12 out of 2,237 total employees. Among the employees shown here, the average compensation is $250,984. The highest compensated employee at Monarch is Peggy Terhune with fiscal year 2018 compensation of $362,049.

Revenue, expenses, and employee compensation

Revenue

$80,995,721

Expenses

$80,241,737

Employee compensation

$60,159,235
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peggy Terhune
Chief Executive Officer
$362,049
$353,749 No related comp$8,300
Dr Douglas Smith
Psychiatrist
$319,945
$311,645 No related comp$8,300
Dr Sharyn Comeau
Psychiatrist
$287,257
$278,957 No related comp$8,300
Dr Venkata Chittilla
Psychiatrist
$281,980
$273,680 No related comp$8,300
Dr Robert McHale
Psychiatrist
$274,600
$266,300 No related comp$8,300
Daniel Brown
CCO
$255,509
$247,209 No related comp$8,300
Dr Bamidele Ajayi
Psychiatrist
$241,800
$233,500 No related comp$8,300
Theresa Bernhardt
Chief Administrative Officer
$208,412
$200,112 No related comp$8,300
Pam Shipman
CISO
$205,474
$197,174 No related comp$8,300
James Kelley
Chief Operating Officer
$201,638
$193,338 No related comp$8,300
Cindy Jones
Chief Financial Officer
$200,855
$192,555 No related comp$8,300
Blake Martin
CDO
$172,292
$163,992 No related comp$8,300

Benchmark Employee Compensation

Non-Employee Board Members

Benjamin Marsh
Director
Brenda Hinson
Former President
Duncan E Munn
Director
Elizabeth Underwood
Director
Jeff Irvin
Director
Jeffrey Gaskin
Former Chair
Joan S Johnson
Director
Joel Laster
Finance Chair
Kent Earnhardt
Director
Larry Hinson
Policy Chair
Lee Allen
Chair
Michael J McCrann, Jd
Secretary

Contractors

Gardner Skelton Pllc
Attorney
$605,821
Locum-Tenenscom
Contracted Physicians
$581,768
Staff Care Inc
Contracted Physicians
$391,695
Consilium Staffing LLC
Contracted Physicians
$368,830
Praful Mehta
Actt Services-Physician
$291,520

Mission Statement

MONARCH IS COMMITTED TO SUPPORTING, EDUCATING AND EMPOWERING PEOPLE WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES, MENTAL ILLNESS, AND SUBSTANCE USE DISORDERS TO CHOOSE AND ACHIEVE WHAT IS IMPORTANT TO THEM. WE PROVIDE RESIDENTIAL, DAY/EMPLOYMENT, BEHAVIORAL HEALTH OUTPATIENT THERAPY AND OTHER PERIODIC SERVICES, CRISIS SERVICES, ASSERTIVE COMMUNITY TREATMENT TEAMS AND VARIOUS OTHER COMMUNITY SERVICES FOR PEOPLE WITH INTELLECTUAL/DEVELOPMENTAL DISABILITIES, MENTAL ILLNESS AND SUBSTANCE USE DISORDERS. SERVING CHILDREN, ADULTS, AND FAMILIES, WE FOCUS ON INDEPENDENCE, GROWTH, AND RECOVERY AS APPROPRIATE.

Revisions to this organization profile

November 17, 2025:
2025 Monarch 990 filed
January 20, 2025:
2024 Monarch 990 filed
November 10, 2023:
2023 Monarch 990 filed

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