ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC

CHARLOTTE, NC | Mecklenburg County
Affordable Housing

Overview

ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC
56-0547462
3800 SHAMROCK DR
CHARLOTTE, NC 28215
Mecklenburg County
(704) 532-7000

Mission Statement info

WE HONOR ELDERS AND ARE COMMITTED TO CREATING AND FOSTERING DIVERSE, CARING COMMUNITIES WHERE EVERYONE HAS A VOICE AND VALUE.

Founded info
1945
Total Employees info
705
Total Volunteers info
500
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
153
Care and housing for the aged
152
Nursing or convalescent home
382
Housing for the aged
Standard Business Classification (NAICS Code) info
-
Not reported

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$39.4M
Revenue
$38.2M
Assets
$165.6M
Exempt Ruling Date info
1946-11
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
3800 SHAMROCK DR
CHARLOTTE, NC 28215
Mecklenburg County
FIPS Geocoded Address info
16740
MSA/CBSA info
37
State info
119
County info
0016.03
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Charlotte-Concord-Gastonia, NC-SC
Combined Statistical Area info
Charlotte-Concord, NC-SC
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 66.84%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0016.03 Mecklenburg County
Population
Total Population 4,813 1,074,475
Total Households 1,874 411,097
Income
Median Family Income (Census*) $34,063 $66,641
Median Family Income (2019 FFIEC) $70,700 N/A
Tract Income Percentage 53.06% N/A
Below Poverty Level 28.1% 11.6%
Unemployment Level 12.3% 4.8%
Housing
Total Housing Units 1,974 445,287
Total Owner-Occupied Units 34.3% 56.4%
Total Renter-Occupied Units 60.6% 43.6%
Total Vacant Units 5.1% 7.9%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

14
Total Voting Members
in Governing Body
info
14
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Michael Sulhan
CFO & Treasurer
(704) 532-7000
Principal Officer info
Suzanne H Pugh
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.