Pprc Nursing Home INC

Tax-deductible

High Point, NC501(c)(3)Since 2000Health CareEIN 31-1733046Revenue −$3.1M in FY2025

On file with the IRSprovidenceplacenc.com1701 Westchester Dr Ste 400, 27262-7163 · High Point, NCTax-exempt since May 1970Church — 170(b)(1)(A)(i)

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Pprc Nursing Home, INC. Is a non-profit organization whose mission is to passionately serve the housing and care needs of senior adults with innovative programs and services delivered at an exceptional value while encouraging personal and spiritual growth and development.

501(c)(3) charity; gifts are tax-deductible.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $48K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.1M
to officers and key staff
Top officer’s pay higher than 81% of similar orgs
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$3.1M
-119% vs prior year
Spent
$0
Net assets
$0
By yearFY2020–FY2025
Revenue
−$3.1M
FY2025▼ -119%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.8M
FY2021$12.0M
FY2022$13.5M
FY2023$16.0M
FY2024$16.5M
FY2025−$3.1M
Expenses
$0
FY2025▼ -100%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.3M
FY2021$11.0M
FY2022$11.2M
FY2023$15.3M
FY2024$17.6M
FY2025$0
Net assets
$0
FY2025▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$212K
FY2021$1.2M
FY2022$3.5M
FY2023$4.2M
FY2024$3.1M
FY2025$0

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Former CFO
$576,002Pt VII · Sec A
Former President/CEO
$549,848Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Barry Yates’s $576K as Former CFO is at the 81st percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Barry Yates$576,002$668,387$351,031$143,418$92,912$18,805
Terry Miller$549,848—$312,351$77,736$32,533—
Thomas Neill———$12,500——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides housing and care for seniors with innovative programs, fostering personal and spiritual growth.

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Provided by the organization

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1 program · in their own filed words · FY2024
01

The organization operates a 129-BED skilled nursing facility for the elderly located in high point, north carolina (the project). Specifically designed to meet the physical, social, and psychological needs of elderly and handicapped individuals.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
−$3.1M
Ln 12
Money outPt IX
$0
Ln 25
Owns and owesPt X
$0
net assets · Ln 32
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gains on assetsLn 7−$3.1M
Total revenueLn 12−$3.1M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 5148
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3.0M$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$6.0M$0
Total assetsLn 16$11.8M$0
LiabilitiesLn 26$8.7M$0
Net assetsLn 32$3.1M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing −$3.1M$0−$3.1M$0 990 PDF
FY2024 $16.5M$17.6M−$1.1M$3.1M 990 PDF
FY2023 $16.0M$15.3M$665K$4.2M 990 PDF
FY2022 $13.5M$11.2M$2.3M$3.5M 990 PDF
FY2021 $12.0M$11.0M$1.0M$1.2M 990 PDF
FY2020 $11.8M$11.3M$500K$212K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary −$3,069,370 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $16,416,602$0
I-10 Investment incomePrior year $62,625−$3,069,370
I-11 Other revenuePrior year $11,698$0
I-12 Total revenuePrior year $16,490,925−$3,069,370
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,112,828$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,501,338$0
I-18 Total expensesPrior year $17,614,166$0
I-19 Revenue less expensesPrior year −$1,123,241−$3,069,370
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue −$3,069,370 across 2 lines filed
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,069,370−$3,069,370
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$3,069,370−$3,069,370
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $0 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $3,013,933$0
X-2 Savings and temporary cash investmentsStart of year $15,877$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,265,180$0
X-8 Inventories for sale or useStart of year $42,670$0
X-9 Prepaid expenses and deferred chargesStart of year $143,656$0
X-10c Land, buildings and equipment, netStart of year $6,041,492$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $102,837$0
X-15 Other assetsStart of year $1,161,956$0
X-16 Total assetsStart of year $11,787,601$0
X-17 Accounts payable and accrued expensesStart of year $1,094,300$0
X-25 Other liabilitiesStart of year $15,900$0
X-26 Total liabilitiesStart of year $8,718,231$0
X-27 Net assets without donor restrictionsStart of year $3,069,370$0
X-32 Total net assets or fund balancesStart of year $3,069,370$0
X-33 Total liabilities and net assetsStart of year $11,787,601$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue−$3,069,370
XI-2 Total expenses$0
XI-3 Revenue less expenses−$3,069,370
XI-4 Net assets at start of year$3,069,370
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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