PRESBYTERIAN HOMES INC Charity Report

Public IRS 990 nonprofit record

PRESBYTERIAN HOMES INC

EIN 56-0564344 · Human Services (P750)

What they do

THE MISSION of THE PRESBYTERIAN HOMES DBA BRIGHTSPIRE is to HONOR GOD BY ENRICHING THE LIVES and TOUCHING THE HEARTS of THOSE WE SERVE. THE PRESBYTERIAN HOMES DBA BRIGHTSPIRE PROVIDES SENIOR ADULTS WITH CARING and HIGH QUALITY SERVICES IN SUPPORT of THEIR PHYSICAL, INTELLECTUAL, SOCIAL and SPIRITUAL WELL-BEING.

Before you give

Are they doing good?

Easy charity check

Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$77.93spent for every $100 of revenueRevenue covered expenses this year.

$20.80of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.

$4.51in assets for every $1 spent this yearSome assets cannot be spent right away.

2.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $714,782 for TIMOTHY WEBSTER (PRESIDENT - CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$77,036,110

Expenses$60,034,300

Annual surplus $17,001,810 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$12,492,277 · 20.8% of expenses

Reported executive compensation (total)$4,288,086 · 7.1% of expenses

See all reported dollar amounts

Revenue$77,036,110

Expenses$60,034,300

Assets$270,632,746

Income$81,196,221

Contributions$2,148,549

Management and general$12,492,277

Executive compensation (total)$4,288,086

Stocks and bonds$87,924,984

Accounting fees$79,638

Investing fees$104,692

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TIMOTHY WEBSTERPRESIDENT - CEO · 40 hrs/week $714,782Base $677,575 · Other $37,207

STEPHEN FLEMINGPRESIDENT - CEO · 40 hrs/week $560,895Base $534,571 · Other $26,324

CREIGHTON LOVVORNEXECUTIVE VICE PRESIDENT-COO · 40 hrs/week $498,829Base $466,386 · Other $32,443

K ALAN TUTTEROWCFO · 40 hrs/week $425,273Base $410,135 · Other $15,138

JULIA HANOVERCFO · 40 hrs/week $419,208Base $390,061 · Other $29,147

MARK COLLINSEXECUTIVE VICE PRESIDENT-DIRECTOR · 40 hrs/week $314,349Base $282,888 · Other $31,461

ARNOLD THOMPSONDIRECTOR OF FINANCE · 40 hrs/week $310,264Base $276,038 · Other $34,226

LAURA LOWEEXECUTIVE VICE PRESIDENT, MARKETING AND SALES · 40 hrs/week $308,461Base $287,968 · Other $20,493

THOMAS SMITHEXEC DIRECTOR-RIVER LANDING · 40 hrs/week $306,810Base $279,035 · Other $27,775

TIFFANY ROBERSONVICE PRESIDENT-HEALTHCARE OPERATIONS · 40 hrs/week $275,500Base $250,251 · Other $25,249

WILLIE LASHEXECUTIVE VICE PRES, IT SERVICES · 40 hrs/week $272,137Base $241,354 · Other $30,783

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

TIMOTHY WEBSTERPRESIDENT - CEO

STEPHEN FLEMINGPRESIDENT - CEO

CREIGHTON LOVVORNEXECUTIVE VICE PRESIDENT-COO

K ALAN TUTTEROWCFO

JULIA HANOVERCFO

MARK COLLINSEXECUTIVE VICE PRESIDENT-DIRECTOR

ARNOLD THOMPSONDIRECTOR OF FINANCE

LAURA LOWEEXECUTIVE VICE PRESIDENT, MARKETING AND SALES

THOMAS SMITHEXEC DIRECTOR-RIVER LANDING

TIFFANY ROBERSONVICE PRESIDENT-HEALTHCARE OPERATIONS

WILLIE LASHEXECUTIVE VICE PRES, IT SERVICES

JANE BAKERBOARD MEMBER

HAROLD MARTINBOARD MEMBER

KATHRYN BILLINGSVICE CHAIRPERSON

DAVID SPRINKLEBOARD MEMBER

LEIGH ANN KLEEBOARD MEMBER

LORI HADDOCKCHAIRPERSON

DAVID COULTERBOARD MEMBER

CANTEY ALEXANDERBOARD MEMBER

BOB CHANDLERBOARD MEMBER

BEN ZURAWBOARD MEMBER

TIM CLONTZTREASURER

BARRY GOLDSTEINBOARD MEMBER

WENDY GATLINBOARD MEMBER

WILLIAM C MCILWAINSECRETARY

ALEXANDER L MAULTSBYBOARD MEMBER

About this charity

Recognized since: January 1991
Location: 5603 NEW GARDEN VILLAGE DRIVE, GREENSBORO, NC 27410
County: Guilford
In care of: K ALAN TUTTEROW
Primary officer: K ALAN TUTTEROW, CFO

How to reach them

WebsiteVisit the charity’s website Phone(336) 886-6553

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: BERNARD ROBINSON & COMPANY LLP
NTEE classification: Human Services (P750)
IRS tax category: Continuing Care Retirement Communities