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Organizations Human Services Penick Village Inc.

Penick Village Inc.

Fiscal year ending 2022. Filed on August 14, 2023.

500 East Rhode Island Avenue
Southern Pines, North Carolina 28387

Penick Village Inc. (EIN: 56-0729010) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Penick Village Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 358 total employees. Among the employees shown here, the average compensation is $119,570. The highest compensated employee at Penick Village Inc. is Terry Kees with fiscal year 2022 compensation of $193,699.

Revenue, expenses, and employee compensation

Revenue

$19,095,592

Expenses

$19,277,846

Employee compensation

$10,470,373
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Terry Kees
Chief Financial Officer
$193,699
$185,621 No related comp$8,078
Jeffrey I Hutchins
Former Chief Executive Officer
$115,776
$113,514 No related comp$2,262
Caroline Eddy
CDO
$94,244
$94,244 No related compNo other comp
Alva Cromartie
Chief Executive Officer
$74,561
$64,363 No related comp$10,198
Caroline Hendricks
Chief Operating Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Darlene Vaughn
Board Member
Gary Hildebrand
Board Member
Gary Krasicky
Former President
John Frizzell III
President
Len Gillespie
Board Member
Lynne Healy
First Vice President
Marsha Coles
Board Member
Mary Reca Todd
Board Member
Micah Niebauer
Board Member
Mike Penick
Board Member
Ray Pardue
Board Member
Rev J Carr Holland
Board Member

Mission Statement

AS A FAITH-BASED NONPROFIT ORGANIZATION, PENICK VILLAGE'S MISSION IS TO CULTIVATE A FRIENDLY AND SAFE COMMUNITY WHERE RESIDENTS HAVE THE FREEDOM TO FOCUS ON THEIR WELLNESS AND RELATIONSHIPS WHILE LIVING TO LIFE'S FULLEST POTENTIAL. (CONTINUED ON SCHEDULE O) PENICK VILLAGE'S VISION IS TO OFFER A PREMIER LIFEPLAN COMMUNITY EXPERIENCE TO OUR RESIDENTS, DELIVERING EXCEPTIONAL SERVICES, LIFESTYLE, AND INNOVATION.

Revisions to this organization profile

August 6, 2025:
2024 Penick Village Inc. 990 filed
August 15, 2024:
2023 Penick Village Inc. 990 filed
August 14, 2023:
2022 Penick Village Inc. 990 filed

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Other organizations also named Penick Village

Penick Village Foundation Inc.
Southern Pines, North Carolina