North Carolina · Nonprofit
CAROLINA MEADOWS INC
CAROLINA MEADOWS INC (North Carolina) receives grants from 2 organizations whose IRS filings report $11,000 to it, the largest being THE GREATER CINCINNATI FOUNDATION ($10,000). 0 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $54M
- Funders on record
- 2
- Grants received
- $11k
- Net assets
- $-49866016
What Carolina Meadows Inc does
Mission
To enrich and improve the lives of residents and those connected to our community. To support our local community, invest in the future of aging, contribute to the local economy and partner on senior (continued on schedule o)initiatives, as well as provide housing, health care and other related services to senior adults through the operation of a life plan community.
As stated on its FY2024 Form 990.
Program
Our belief is that if carolina meadows ceased to exist, the organization would be missed within the local community and the broader county area because carolina meadows is approximately the 3rd largest employer and the 4th largest property taxpayer in chatham county. Continued on schedule o.community outreach:carolina meadows supports a variety of organizations and causes within the local community that align with the goals and beliefs of the organization, paying particular attention to the following areas:-chatham county property taxes -providing charity care for the residents of carolina meadows-employee literacy -addressing food insecurity and hunger, particularly among children and senior citizens-contributing to the united way of chatham county, cora, and pbs north carolina joint resident-organizational campaigns-validating the importance of the arts through the chatham artist in residence program-supporting workforce development, increasing housing supply and affordability, and supporting small business development through a 5-year, $50,000 pledge for a greater chapel hill-carrboro campaign through the chapel hill chamber of commercecarolina meadows has been committed, since…
$45,378,024 spentof which $625,350 as grants$49,500,485 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $45,378,024.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $156M to $242M (+55%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 2% · 2021 1% · 2022 0%. Grants only. Government contracts and fees sit inside program revenue.
0% of CAROLINA MEADOWS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kevin Mcleod
President and CEO
Board chair
Gregory Herman-Giddens
Chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2017 and FY2018 filings.
Who funds it, year by year
2017 → 2019: the base held at 1 funder, grant income rose $1k → $10k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $2.3M from one payer (the payer shares this organization's board, largest Carolina Meadows Foundation Inc). These are real filings, and they are not money CAROLINA MEADOWS INC raised.
From the IRS filings of CAROLINA MEADOWS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CAROLINA MEADOWS INC leans on a few funders — its largest provides 91% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAROLINA MEADOWS INC.
Largest funder’s share by year: 2017 100% · 2019 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
91% of CAROLINA MEADOWS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1k that is directly attributable, 100% of it comes from funders outside North Carolina, across 1 state.
Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CAROLINA MEADOWS INC runs a healthier operating margin than half of the 3,288 human services nonprofits its size.
this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024
Organizations like CAROLINA MEADOWS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 4 related entities
- Carolina Meadows Home Care Inc · exempt
- Carolina Meadows Senior Communities and Services Inc · exempt
- Carolina Meadows Foundation Inc · exempt
- Carolina Meadows Management and Development Services Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for CAROLINA MEADOWS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAROLINA MEADOWS INC?
- CAROLINA MEADOWS INC (North Carolina) receives grants from 2 organizations whose IRS filings report $11,000 to it, the largest being THE GREATER CINCINNATI FOUNDATION ($10,000). 0 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CAROLINA MEADOWS INC have?
- IRS filings report 2 organizations giving $11,000 in grants to CAROLINA MEADOWS INC.
- Who is the largest funder of CAROLINA MEADOWS INC?
- THE GREATER CINCINNATI FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like CAROLINA MEADOWS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing