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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 Health Care Valdese Nursing Home Inc.

Valdese Nursing Home Inc.

Fiscal year ending 2024. Filed on May 1, 2025.

95 Locust Street
Connelly Springs, North Carolina 28612

Valdese Nursing Home Inc. (EIN: 58-1978560) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Valdese Nursing Home Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $579,937. The highest compensated employee at Valdese Nursing Home Inc. is Kathy Bailey with fiscal year 2024 compensation of $958,346.

Revenue, expenses, and employee compensation

Revenue

$683,280

Expenses

$116,619

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathy Bailey
President and Chief Executive Officer
$958,346
$0 $947,938 $10,408
Patricia Moll
Chief Financial Officer
$445,747
$0 $396,003 $49,744
Gandhari Loomis, M.D.
Board Member
$335,719
$0 $321,074 $14,645

Benchmark Employee Compensation

Non-Employee Board Members

Amy Jackson-Kincaid
Board Member
Andrew Brant, M.D.
Board Member
David Bennett
Treasurer
J Michael Bridges
Former Chair
Jeff Carswell
Chairman (Thru 1/2024)
Jim Rostan
Secretary (Thru 1/2024)/Vice Chair
Kevin Baxter
Board Member
M H McCrary
VICE Chair (Thru 1/24)/Chair
Susan Haire
Secretary (AS of 1/2024)
Tea Yang
Board Member

Mission Statement

VALDESE NURSING HOME, INC. IS DEDICATED TO PROVIDING EXCELLENT CARE AND HELPING EACH RESIDENT ACHIEVE AN OPTIMAL QUALITY OF LIFE.

Revisions to this organization profile

May 1, 2025:
2024 Valdese Nursing Home Inc. 990 filed
May 2, 2024:
2023 Valdese Nursing Home Inc. 990 filed
May 2, 2023:
2022 Valdese Nursing Home Inc. 990 filed

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