Civic Intelligence

Mcleod Centers for Wellbeing

EIN 56-0953783 • 501(c)3 • Charlotte, NC

Profile

Build a foundation of healing and hope based on equity, education, and evidence-based practice for all communities

500 Archdale DriveCharlotte, NC 28217

mcleodcenters.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.25x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.25x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

58th percentile

7.7%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

16th percentile

$129,153

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

59th percentile

7.5%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$28,169,853

Up $1,974,298 (+7.5%) from 2023

Liabilities

Down

$6,972,555

Down $148,660 (-2.1%) from 2023

Net Assets

Up

$21,197,298

Up $2,122,958 (+11%) from 2023

Revenue

Up

$27,448,808

Up $5,698,970 (+26%) from 2023

Expenses

Up

$25,325,850

Up $842,638 (+3.4%) from 2023

Net Income

Up

$2,122,958

Up $4,856,332 (+178%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0-$10MAssets 2011: $3,264,922Liabilities 2011: $674,186Net Assets 2011: $2,590,7362011Assets 2012: $3,305,893Liabilities 2012: $910,458Net Assets 2012: $2,395,4352012Assets 2013: $3,772,620Liabilities 2013: $731,040Net Assets 2013: $3,041,5802013Assets 2014: $4,540,315Liabilities 2014: $882,029Net Assets 2014: $3,658,2862014Assets 2015: $4,746,551Liabilities 2015: $836,735Net Assets 2015: $3,909,8162015Assets 2016: $4,942,718Liabilities 2016: $968,349Net Assets 2016: $3,974,3692016Assets 2017: $4,877,380Liabilities 2017: $1,122,642Net Assets 2017: $3,754,7382017Assets 2018: $4,247,174Liabilities 2018: $1,055,078Net Assets 2018: $3,192,0962018Assets 2019: $1,387,043Liabilities 2019: $2,029,053Net Assets 2019: -$642,0102019Assets 2020: $3,740,230Liabilities 2020: $5,278,535Net Assets 2020: -$1,538,3052020Assets 2021: $7,529,763Liabilities 2021: $3,757,136Net Assets 2021: $3,772,6272021Assets 2022: $30,610,379Liabilities 2022: $22,667,335Net Assets 2022: $7,943,0442022Assets 2023: $26,195,555Liabilities 2023: $7,121,215Net Assets 2023: $19,074,3402023Assets 2024: $28,169,853Liabilities 2024: $6,972,555Net Assets 2024: $21,197,2982024

Highlighted filing

2024

Assets$28,169,853
Liabilities$6,972,555
Net Assets$21,197,298

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $18,564,886Expenses 2011: $18,557,859Net Income 2011: $7,0272011Revenue 2012: $18,169,599Expenses 2012: $18,364,900Net Income 2012: -$195,3012012Revenue 2013: $19,319,823Expenses 2013: $18,673,678Net Income 2013: $646,1452013Revenue 2014: $20,704,987Expenses 2014: $20,088,281Net Income 2014: $616,7062014Revenue 2015: $22,844,590Expenses 2015: $22,593,060Net Income 2015: $251,5302015Revenue 2016: $23,929,430Expenses 2016: $23,864,877Net Income 2016: $64,5532016Revenue 2017: $23,930,181Expenses 2017: $24,149,812Net Income 2017: -$219,6312017Revenue 2018: $24,263,139Expenses 2018: $24,825,781Net Income 2018: -$562,6422018Revenue 2019: $19,097,353Expenses 2019: $20,432,668Net Income 2019: -$1,335,3152019Revenue 2020: $16,465,643Expenses 2020: $17,833,052Net Income 2020: -$1,367,4092020Revenue 2021: $24,396,806Expenses 2021: $19,085,874Net Income 2021: $5,310,9322021Revenue 2022: $22,619,688Expenses 2022: $18,449,271Net Income 2022: $4,170,4172022Revenue 2023: $21,749,838Expenses 2023: $24,483,212Net Income 2023: -$2,733,3742023Revenue 2024: $27,448,808Expenses 2024: $25,325,850Net Income 2024: $2,122,9582024

Highlighted filing

2024

Revenue$27,448,808
Expenses$25,325,850
Net Income$2,122,958

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.2$6.97$21.2$27.4$25.3$2.12
2023Detailed filing. Detailed filing data is available for this year.$26.2$7.12$19.1$21.7$24.5$2.73
2022Detailed filing. Detailed filing data is available for this year.$30.6$22.7$7.94$22.6$18.4$4.17
2021Detailed filing. Detailed filing data is available for this year.$7.53$3.76$3.77$24.4$19.1$5.31
2020Detailed filing. Detailed filing data is available for this year.$3.74$5.28$1.54$16.5$17.8$1.37
2019Detailed filing. Detailed filing data is available for this year.$1.39$2.03$0.64$19.1$20.4$1.34
2018Detailed filing. Detailed filing data is available for this year.$4.25$1.06$3.19$24.3$24.8$0.56
2017Detailed filing. Detailed filing data is available for this year.$4.88$1.12$3.75$23.9$24.1$0.22
2016Summary only. Only limited summary data is available for this year.$4.94$0.97$3.97$23.9$23.9$0.06
2015Summary only. Only limited summary data is available for this year.$4.75$0.84$3.91$22.8$22.6$0.25
2014Summary only. Only limited summary data is available for this year.$4.54$0.88$3.66$20.7$20.1$0.62
2013Summary only. Only limited summary data is available for this year.$3.77$0.73$3.04$19.3$18.7$0.65
2012Summary only. Only limited summary data is available for this year.$3.31$0.91$2.40$18.2$18.4$0.20
2011Summary only. Only limited summary data is available for this year.$3.26$0.67$2.59$18.6$18.6$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$27,448,808
Mission and Program Overview

Mission

McLeod Addictive Disease Center, Inc. provides comprehensive addictive disease treatment which treats the whole individual physically, mentally, and spiritually.

Mcleod centers for wellbeing provides comprehensive substance use disorder treatment. Patients received care through medication assisted treatmet, outpatient group and individual therapy and residential treatment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,736,156$19,022,162▼ $713,994
Savings and Temporary Cash Investments$1,251,762$5,412,762▲ $4,161,000
Accounts Receivable$3,096,168$2,738,594▼ $357,574
Pledges and Grants Receivable$226,570$162,320▼ $64,250
Cash and Non-Interest-Bearing Accounts$597,125$130,726▼ $466,399
Prepaid Expenses and Deferred Charges$365,501$119,524▼ $245,977
Total Assets$26,195,555$28,169,853▲ $1,974,298
Other Assets Total$922,273$583,765▼ $338,508
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,909,301$4,813,883▼ $95,418
Accounts Payable and Accrued Expenses$1,253,421$1,539,553▲ $286,132
Other Liabilities$958,493$619,119▼ $339,374
Total Liabilities$7,121,215$6,972,555▼ $148,660
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,074,340$21,197,298▲ $2,122,958
Total Net Assets Fund Balance$19,074,340$21,197,298▲ $2,122,958
Total Liabilities and Net Assets / Fund Balance$26,195,555$28,169,853▲ $1,974,298

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,235,353$1,230,414$17,465,767
Equipment$519,190$3,259,432$3,778,622
Other Land Buildings$1,224,564$309,469$1,534,033
Land$1,020,000-$1,020,000
Leasehold Improvements$23,055$384,484$407,539
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary WardPresidentFT$129,153$129,153
Christine ZazzaroPresidentFT$127,228$127,228
Christy MajorsVP of FinanceFT$122,062$122,062
Rachelle CastroVP of TreatmentFT$114,388$114,388
Melanie ConfortiCCOFT$107,139$107,139
Katherine LongCDOFT$87,068$87,068
Mary TraxlerMedical DirectorFT$28,326$28,326

Board Members and Trustees

NameTitle
Rob MccainChair, Trustee
Joan Harpootlian-thomasVice Chair, Trustee
Bruce LillieSecretary, Trustee
Richard WrightTreasurer, Trustee
Anthony DaniellyTrustee
Bob SchurmeierTrustee
Carter SorrellTrustee
Josh SampsonTrustee
Kenny ColbertTrustee
Kim HoltTrustee
Lynn HansenTrustee
Newton WilliamsTrustee
Jim MccorkleCFO
Elisabeth HardinCOO
Revenue and Support

Revenue Composition

Contributions and Grants
$936,344
Program Service Revenue
$26,373,612
Investment Income
$97,702
Other Revenue
$41,150
All Other Contributions
$845,541
Change in Net Assets
$2,122,958

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,448,808
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$27,448,808
Total Revenue per Form 990
$27,448,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,626,016
Salaries, Compensation, and Employee Benefits$12,300,848
Grants and Similar Amounts Paid$398,986
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,943,346$1,862,234-$8,805,580
Fees for Services Other$2,652,535$620,081-$3,272,616
Other Employee Benefits$1,160,639$382,820-$1,543,459
Depreciation Depletion$1,399,005--$1,399,005
Payroll Taxes$766,286$252,748-$1,019,034
Occupancy$896,882--$896,882
Current Officers, Directors, Trustees, and Key Employees-$818,349-$818,349
Information Technology-$741,001-$741,001
Insurance$431,835$24,539-$456,374
Grants to Domestic Orgs$398,986--$398,986
Other Expenses$0$337,052$0$337,052
Office Expenses-$216,141-$216,141
Interest-$184,959-$184,959
Fees for Services Accounting$111,637$25,230-$136,867
Pension Plan Contributions$86,045$28,381-$114,426
Travel-$38,441-$38,441
Fees for Services Legal$14,919$3,372-$18,291
Advertising-$5,513-$5,513
Total Functional Expenses$19,784,278$5,541,572$0$25,325,850

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,325,850
Total Expenses per Audited Statements$25,325,850
Total Expenses per Form 990$25,325,850
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Integrated Care of Greater HickoryHickory, NC-Provide Substance Use Disorder Treatment, Housing, and Transportation$398,986
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$535,949
Finance Lease Liability$83,170
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared and reviewed by the chief finance officer in conjunction with an independent tax preparer. The board reviews the 990 after its submission.

Form 990, Part VI, Section B, Line 12C

The board is required annually to review the organization's conflict of interest policy and attest by signature to any interests that could give rise to conflicts.

Form 990, Part VI, Section B, Line 15A

The president's compensation is set by the compensation committee of the board and is based on an annual performance review and comparative industry data. The compensation of key employees is based on budget availability and industry data. A formal hiring process exists to review salaries prior to any offers being extended.

Form 990, Part VI, Section C, Line 19

Mcleod maintains a hard copy of the documents that are made available upon request.

Filing and Contact Details

Filer

Filer Name
Mcleod Centers for Wellbeing
EIN
56-0953783
Phone
7043329900
Address
500 ARCHDALE DRIVE, CHARLOTTE, NC 28217

Signing Officer

Name
Jim Mccorkle
Title
CFO
Phone
7043329900
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Mccorkle
Formed
1970
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
253
Volunteers
0

Preparer

Firm
Greerwalker Llp
Address
227 WEST TRADE ST SUITE 1100, CHARLOTTE, NC 28202
Preparer
Paula P Tilley
Phone
7043770239
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Lab services: program service expenses 1,078,191. Management and general expenses 243,675. Fundraising expenses 0. Total expenses 1,321,866. Administrative: program service expenses 45,962. Management and general expenses 10,387. Fundraising expenses 0. Total expenses 56,349. Contract doctors: program service expenses 419,546. Management and general expenses 94,819. Fundraising expenses 0. Total expenses 514,365. Contract nurses: program service expenses 413,507. Management and general expenses 93,454. Fundraising expenses 0. Total expenses 506,961. Security: program service expenses 202,931. Management and general expenses 45,863. Fundraising expenses 0. Total expenses 248,794. Other professional fees: program service expenses 41,118. Management and general expenses 29,893. Fundraising expenses 0. Total expenses 71,011. Cleaning services : program service expenses 128,124. Management and general expenses 28,956. Fundraising expenses 0. Total expenses 157,080. Recruiting : program service expenses 91,938. Management and general expenses 20,778. Fundraising expenses 0. Total expenses 112,716. Consulting services : program service expenses 121,896. Management and general expenses 27,549. Fundraising expenses 0. Total expenses 149,445. Document storage/shredding : program service expenses 109,322. Management and general expenses 24,707. Fundraising expenses 0. Total expenses 134,029.

Financial Statement Notes

PART X, LINE 2:

The organization is a tax-exempt organization under section 501(c)(3) of the internal revenue code and, therefore, no provision for income taxes has been made in the accompanying combined financial statements. The organization records liabilities for income tax positions taken or expected to be taken when those positions are deemed uncertain to be upheld in an examination by taxing authorities. No liabilities for uncertain income tax positions were recorded as of june 30, 2024 and 2023.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR, TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR, TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER, TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14COO
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt18CCO
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP OF TREATMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP OF FINANCE
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IRS990/ProgSrvcAccomActy3Grp/Desc0MCLEOD OFFERS OUTPATIENT AND NON-MEDICAL RESIDENTIAL TREATMENT WHICH HAS A LENGTH OF STAY THAT IS GENERALLY 28 DAYS, BUT CAN BE TAILORED TO SATISFY INDIVIDUAL CLIENT NEEDS THAT INCORPORATE EDUCATION ON THE DISEASE OF ADDICTION WITH INDIVIDUAL, GROUP AND FAMILY COUNSELING.
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