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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 Penick Village Inc.

Penick Village Inc.

Fiscal year ending 2023. Filed on August 15, 2024.

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 2023 IRS Form 990 filing, Penick Village Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 355 total employees. Among the employees shown here, the average compensation is $154,836. The highest compensated employee at Penick Village Inc. is Alva Cromartie with fiscal year 2023 compensation of $270,875.

Revenue, expenses, and employee compensation

Revenue

$21,944,160

Expenses

$20,612,916

Employee compensation

$10,625,167
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alva Cromartie
Chief Executive Officer
$270,875
$231,660 No related comp$39,215
Terry Kees
Chief Financial Officer
$221,995
$205,137 No related comp$16,858
Caroline Eddy
CDO
$138,798
$125,042 No related comp$13,756
Veronia Axt
Human Resources Director
$115,508
$101,472 No related comp$14,036
Raymond Esteves
Healthcare Administrator
$115,138
$114,943 No related comp$195
Wendy Farrell
Director, Sales and Marketing
$112,484
$109,012 No related comp$3,472
Michael Whitlock
Director, Dining Services
$109,056
$109,056 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anne Hocutt
Board Member
Darlene Vaughn
Board Member
Frank Quis
Board Member
Gary Krasicky
Former President
Jim Lewis
Board Member
John Frizzell III
President
Len Gillespie
Board Member
Lynne Healy
Board Member
Marsha Coles
Board Member
Mary Reca Todd
Board Member
Micah Niebauer
Vice President
Mike Penick
Board Member

Contractors

Ths National LLC
Construction
$970,458
US Foods
Food
$888,992
Rlps LLC
Construction
$791,085
Pinnacle Development
Construction
$610,757
Bartlett Construction
Construction
$391,878

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