Carmel Hills Inc

Housing & shelter organization based in Charlotte, NC. 74 employees. Exempt under §501(c)(3).

MissionThe main objective of Carmel Hills is to maintain and operate a retirement home by carrying out educational, religious, recreational and other programs. Carmel Hills also maintains a health care center and carries on such other work in the overall charitable field of services to

EIN
58-1307937
State
NC
Sector
Housing & shelter
Budget band
$2.5M–$5M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$4.0M
Total revenue
$3.7M
Total expenses
$3.4M
Net assets

Financial health · TY 2023

44
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
11
1.9 months of expenses
Program efficiency
80
82% spent on programs
Revenue diversity
41
Mix of program fees, grants & contributions

Leadership compensation

Gabriel Iorga
Administrator
$102,210
16th percentile vs. peers

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Carmel Hills Inc Executive Compensation | 990 Data | DoubleNine