Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
EIN 58-1379192 • 501(c)3 • King, NC
Profile
The provision of affordable housing and services to the elderly and infirm in need of skilled and intermediate nursing care and independent living
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Down$7,969,687
Down $105,766 (-1.3%) from 2023
Liabilities
Down$4,741,775
Down $305,860 (-6.1%) from 2023
Net Assets
Up$3,227,912
Up $200,094 (+6.6%) from 2023
Revenue
Up$724,127
Up $122,823 (+20%) from 2023
Expenses
Up$524,033
Up $101,910 (+24%) from 2023
Net Income
Up$200,094
Up $20,913 (+12%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The provision of affordable housing and services to the elderly and infirm in need of skilled and intermediate nursing care and independent living
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,863,236 | $6,581,738 | ▼ $281,498 |
| Other Notes and Loans Receivable, Net | $1,049,814 | $1,049,814 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $134,765 | $320,523 | ▲ $185,758 |
| Intangible Assets | $24,231 | $14,204 | ▼ $10,027 |
| Prepaid Expenses and Deferred Charges | $3,407 | $3,408 | ▲ $1 |
| Total Assets | $8,075,453 | $7,969,687 | ▼ $105,766 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,880,642 | $4,694,200 | ▼ $186,442 |
| Accounts Payable and Accrued Expenses | $127,909 | $47,575 | ▼ $80,334 |
| Deferred Revenue | $39,084 | $0 | ▼ $39,084 |
| Total Liabilities | $5,047,635 | $4,741,775 | ▼ $305,860 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,027,818 | $3,227,912 | ▲ $200,094 |
| Total Net Assets Fund Balance | $3,027,818 | $3,227,912 | ▲ $200,094 |
| Total Liabilities and Net Assets / Fund Balance | $8,075,453 | $7,969,687 | ▼ $105,766 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $4,952,806 | $2,024,833 | $6,977,639 |
| Other Land Buildings | $1,134,895 | $620,120 | $1,755,015 |
| Equipment | $234,103 | $1,187,327 | $1,421,430 |
| Land | $259,934 | - | $259,934 |
| Name | Title |
|---|---|
| Garry Merritt | President |
| David Colter | Vice President |
| David Stewart | Director |
| Horace Graham | Director |
| James L Kiser | Director |
| Keith Kiger | Director |
| Larry Redding | Director |
| Phil Holt | Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $524,033 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $291,526 | - | - | $291,526 |
| Interest | $191,307 | - | - | $191,307 |
| Fees for Services Accounting | - | $14,000 | - | $14,000 |
| Insurance | $6,916 | - | - | $6,916 |
| Other Expenses | $4,442 | $1,032 | - | $1,032 |
| Advertising | $140 | - | - | $140 |
| Total Functional Expenses | $509,001 | $15,032 | $0 | $524,033 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $524,033 |
| Total Expenses per Audited Statements | $524,033 |
| Total Expenses per Form 990 | $524,033 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The 990 is prepared by an independent auditor and presented to the board president for review and signature. The board president presents the form 990 to the full board for approval.”
“Public documents are available upon request by mail.”
“It is the corporation's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a 'more-likely-than-not' threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for 2024.”
“Deferred revenue on py draft bs recognized as income on issued fs: 39,084.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | CONSTRUCTION, LEASING, AND MAINTAINING A 116 BED NURSING CARE FACILITY FOR LOW INCOME ELDERLY RESIDENTS. FACILITY WAS CONSTRUCTED WITH THE ASSISTANCE OF A HUD-INSURED MORTGAGE LOAN UNDER SECTION 232 OF THE U.S. HOUSING ACT. |
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| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2715757 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 699147 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 598596 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 479196 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 469800 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 469018 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2715757 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 724127 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 601304 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 482500 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 471850 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 474038 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2753819 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 4952806 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2024833 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6977639 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 234103 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1187327 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1421430 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 524033 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 259934 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 259934 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1134895 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 620120 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1755015 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 39084 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 39084 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 685043 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | IT IS THE CORPORATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A 'MORE-LIKELY-THAN-NOT' THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2024. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | DEFERRED REVENUE ON PY DRAFT BS RECOGNIZED AS INCOME ON ISSUED FS: 39,084. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6581738 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 524033 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 724127 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 685043 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 524033 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE 990 IS PREPARED BY AN INDEPENDENT AUDITOR AND PRESENTED TO THE BOARD PRESIDENT FOR REVIEW AND SIGNATURE. THE BOARD PRESIDENT PRESENTS THE FORM 990 TO THE FULL BOARD FOR APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST BY MAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | CHRISTIAN VILLAGE INC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 472256398 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | CV AFFORDABLE HOUSING CORP |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 2585 W CLEMMONSVILLE RD SUITE 102 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | WINSTONSALEM |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 27127 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 1 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 2 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 561726110 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 1 | 465177485 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 2 | 463527253 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 1 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 2 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct | 0 | 0.00660 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 0 | RELATED |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 1 | RELATED |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 2 | RELATED |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 1 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 2 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | CAROLINA APARTMENTS LIMITED PARTNERSHIP |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 1 | VILLAS MANAGING MEMBER LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 2 | VILLAS AT CHRISTIAN VILLAGE LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 0 | 36323 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 0 | 364 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | PO BOX 25168 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 1 | 2585 W CLEMMONSVILLE RD SUITE 102 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 2 | 2585 W CLEMMONSVILLE RD SUITE 102 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | WINSTONSALEM |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 1 | WINSTONSALEM |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 2 | WINSTONSALEM |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 1 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 2 | NC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 0 | 27114 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 1 | 27127 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 2 | 27127 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 2 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | CAROLINA CHRISTIAN VILLAGE HOMES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | CHRISTIAN VILLAGE HOMES INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | CAMPBELL APARTMENTS INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 581623250 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 200557167 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 2 | 455043866 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 2 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 2 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 2 | LOW INCOME HOUSING |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 10 |
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