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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 Housing & Shelter Penick Village Foundation Inc.

Penick Village Foundation Inc.

Fiscal year ending 2024. Filed on August 8, 2025.

500 East Rhode Island Avenue
Southern Pines, North Carolina 28387

Penick Village Foundation Inc. (EIN: 20-1055492) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Penick Village Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $232,287. The highest compensated employee at Penick Village Foundation Inc. is Alva Cromartie with fiscal year 2024 compensation of $320,513.

Revenue, expenses, and employee compensation

Revenue

$409,111

Expenses

$909,616

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alva Cromartie
Chief Executive Officer
$320,513
$0 $282,900 $37,613
Terry Kees
Cfo-Retired - (2/28/2024)
$238,848
$0 $224,853 $13,995
Christopher Mooney
CFO (AS of 3/1/24)
$137,499
$0 $118,614 $18,885

Benchmark Employee Compensation

Non-Employee Board Members

Adair Woronoff
Secretary
Bob Darst
Treasurer
Dr Jim Tart
Trustee
Dr Nancy Ellis
Trustee
Hugh Bingham
Trustee
Janice Dixon
Trustee
Jim Davis
Vice President
Jim Heisey
President
Joanne Davis
Trustee
Karyn Kline
Trustee
Kelly Chandley
Trustee
Lane West
Trustee

Mission Statement

PENICK VILLAGE FOUNDATION CONTINUES ITS MISSION TO RAISE AND DISTRIBUTE FUNDS TO PENICK VILLAGE, INC.

Revisions to this organization profile

August 8, 2025:
2024 Penick Village Foundation Inc. 990 filed
August 15, 2024:
2023 Penick Village Foundation Inc. 990 filed
August 15, 2023:
2022 Penick Village Foundation Inc. 990 filed

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