Penick Village Inc
Donations deductibleRevenue
$24.1m
year to 30 September 2025
Expenses
$22.4m
year to 30 September 2025
Total assets
$156.5m
$142.9m liabilities
Net assets
$13.6m
assets less liabilities
Directors and trustees
12
5.1y av
Staff
409
340 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
13
named in Part VII
Penick Village Inc's network
12 people2 organisationsi12 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (12). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
12 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 12 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Dr Gary Krasicky | Board Member | 2024 | 2 yrs |
| Frank Quis | Vice President | 2023 | 3 yrs |
| Jacklynn Lesniak | Board Member | 2024 | 2 yrs |
| John Frizzell III (also filed as John Frizzell) | Immediate Past President | 2018 | 8 yrs |
| Lance Craig | Treasurer | 2024 | 2 yrs |
| Marsha Coles | Board Member | 2019 | 7 yrs |
| Mary Reca Todd | Board Member | 2020 | 6 yrs |
| Micah Neibauer | President | 2024 | 2 yrs |
| Mike Penick | Board Member | 2018 | 8 yrs |
| Rev J Carr Holland | Board Member | 2021 | 5 yrs |
| Sherry Price | Company secretary | 2020 | 6 yrs |
| Wayne Robbins | Board Member | 2021 | 5 yrs |
Officers and senior leadership
13 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Alva Cromartie | CEO | since 2021 |
| Caroline Eddy | CDO | since 2021 |
| Caroline Hendricks | COO | since 2018 |
| Christopher Mooney | CFO As of 3/1/24 | 2024 |
| Jeffrey I Hutchins | Chief Executive Officer | since 2018 |
| Jennifer Pollard | Director of Home Care | 2024 |
| Michael Whitlock | Director, Dining Services | since 2023 |
| Pansy Reynolds | Healthcare Administrator | 2024 |
| Raymond Esteves | Healthcare Administrator | 2023 |
| Terry Kees | Chief Financial Officer | since 2018 |
| Veronia AXT | Director, Human Resources | 2023 |
| Veronica AXT | Director of HR | 2024 |
| Wendy Farrell | Director, Sales and Marketing | since 2023 |
Pay and hours
year to 30 September 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Alva Cromartie | CEO | 39 | $299k | $50k | |
| Christopher Mooney | CFO | 39 | $253k | $13k | |
| Carrie Dugas | Chief Operating Officer | 40 | $167k | $4k | |
| Wendy Farrell | Director of Sales & Marketing | 40 | $124k | $4k | |
| Pansy Reynolds | Healthcare Administrator | 40 | $124k | $30k | |
| Jonathan Deberry | Director of Facility Services | 40 | $119k | $13k | |
| Jennifer Pollard | Director of Home and Community Services | 40 | $114k | $19k | |
| Frank Quis | President | 1 | $0 | ||
| Micah Neibauer | Vice President | 1 | $0 | ||
| John Frizzell | Immediate Past Chair & Treasurer | 1 | $0 | ||
| Jacklynn Lesniak | Secretary | 1 | $0 | ||
| Lance Craig | Treasurer | 1 | $0 | ||
| Anne Hocutt | Resident Director | 1 | $0 | ||
| Jim Lewis | Resident Director | 1 | $0 | ||
| Marsha Coles | Director | 1 | $0 | ||
| Joanne Davis | Director | 1 | $0 | ||
| John Earp | Director | 1 | $0 | ||
| Jorge Hidalgo | Director | 1 | $0 | ||
| Rev J Carr Holland | Director | 1 | $0 | ||
| Gary Krasicky | Director | 1 | $0 | ||
| Mike Penick | Director | 1 | $0 | ||
| Sherry Price | Director | 1 | $0 | ||
| Wayne Robbins | Director | 1 | $0 | ||
| Mary Reca Todd | Director | 1 | $0 |
About
- Legal name
- Penick Village Inc
- EIN
- 560729010
- Address
- 500 E Rhode Island Ave, Southern Pnes, NC, 28387-4010
- State
- North Carolina
- Mission
- As a faith-based nonprofit organization, penick village's mission is to cultivate a friendly and safe community where residents have the freedom to focus on their wellness and relationships while living to life's fullest potential. (continued on schedule o) penick village's vision is to offer a premier lifeplan community experience to our residents, delivering exceptional services... (as filed on the Form 990)
- Activity (NTEE)
- P750 Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 9 (IRS master file code)
- Formed
- 1957
- Principal officer
- Alva S Cromartie III (as named on the Form 990)
- IRS ruling date
- 1 July 1964
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsJohn Frizzell III
≥8years on the filingsMike Penick
≥7years on the filingsMarsha Coles
≥6years on the filingsMary Reca Todd
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $156.5m
- Total liabilities
- $142.9m
- Net assets or fund balances
- $13.6m
- Contributions and grants received
- $2.1m
- Program service revenue
- $21.3m
- Employees
- 409
- Volunteers
- 340
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $21.4m | $21.3m | $135k |
As filed on the IRS Form 990. US dollars.