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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 2022. Filed on May 11, 2023.

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 2022 IRS Form 990 filing, Monarch, a 501(c)(3) charitable organization, reported compensation for 12 out of 2,032 total employees. Among the employees shown here, the average compensation is $289,021. The highest compensated employee at Monarch is Peggy Terhune with fiscal year 2022 compensation of $584,114.

Revenue, expenses, and employee compensation

Revenue

$104,634,999

Expenses

$94,886,018

Employee compensation

$72,007,610
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peggy Terhune
Chief Executive Officer
$584,114
$584,114 No related compNo other comp
Dr Douglas Smith
Psychiatrist
$391,960
$391,683 No related comp$277
Dr Hazel Maston
Psychiatrist
$332,770
$332,493 No related comp$277
Terri Bernhardt
Chief Administrative Officer
$305,189
$303,989 No related comp$1,200
Pamela Reid
CMO
$298,123
$298,123 No related compNo other comp
Robert McHale
Medical Director
$283,329
$283,329 No related compNo other comp
Dr Jacqueline Smith
Associate Medical Director
$259,110
$259,110 No related compNo other comp
Dave Brown
Chief Information Officer
$237,063
$236,463 No related comp$600
Cindy Jones
Chief Financial Officer
$213,313
$213,313 No related compNo other comp
Iverson Carter
Associate Medical Director
$209,597
$209,597 No related compNo other comp
Melissa Hall
Chief Operating Officer
$179,979
$179,979 No related compNo other comp
Christy Shaver
Chief Operating Officer
$173,707
$173,707 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Benjamin Marsh
Chair
Deborah Stark
Director
Ducan E Munn
Board DEV Chair
Elizabeth Underwood
Director
Jean Andersen
Director
Jeff Irvin
Director
Jeffrey Gaskin
Vice Chair
Kara Guerriero
Former Chair
Kent Earnhardt
Director
Madelfia Abb
Director
Michael J McCrann, Jd
Secretary
Robert Goodale
Director

Contractors

Key Benefit Administrators
Health Plan Administrator
$1,314,102
Gardner Skeleton
Attorney
$612,905
Credible Behavioral Health Inc.
Computer Software
$555,002
Element Fleet Corporation
Vehicle Maintenance and Fuel
$538,441
Workday Inc
Computer Software
$478,919

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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