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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 2023. Filed on August 15, 2024.

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 2023 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 $210,556. The highest compensated employee at Penick Village Foundation Inc. is Alva Cromartie with fiscal year 2023 compensation of $270,875.

Revenue, expenses, and employee compensation

Revenue

$1,792,416

Expenses

$761,434

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alva Cromartie
Chief Executive Officer
$270,875
$0 $231,660 $39,215
Terry Kees
Chief Financial Officer
$221,995
$0 $205,137 $16,858
Caroline Eddy
CDO
$138,798
$0 $125,042 $13,756

Benchmark Employee Compensation

Non-Employee Board Members

Adair Woronoff
Secretary
Barbara Holderby
Board Member
Bob Darst
Treasurer
Hugh Bingham
Board Member
Janice Dixon
Board Member
Jim Davis
Vice President
Jim Heisey
President
John Frizzell
Board Member
Kelly Chandley
Board Member
Lane West
Board Member
Lynne Healy
Board Member
Micah Niebauer
Board Member

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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