Everyage EIN 56-6056582

Everyage FY2022 filing

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Offers vibrant senior living and diverse programs for Christian adults. For fiscal year 2022 it reported $47.9M in revenue, $53.1M in expenses, and $35.7M in net assets.Pt I

Founded
1961
Type
Public charity (501(c)(3)) · Human Services
Location
Newton, NC
Website
www.everyage.org
Filings
5 on file (2020–2022)
Revenue
$47.9MFY2022
Expenses
$53.1M
Net assets
$35.7M
People
28
Filings
5
Updates
0
More identity details & actions ⌄
EIN  56-6056582 Public charity (501(c)(3)) Newton, NC Founded 1961
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 7/8/26 · see original: IRS
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Size
$10–100M
What they do
Offers vibrant senior living and diverse programs for Christian adults.
Leadership
Lee B Syria · President & CEO · $403K
Money in and out
$47.9M revenue, $53.1M expenses
Where the money goes · FY2022
Total revenue
$47.9M
Pt VIII · Ln 12
Total expenses
$53.1M
Pt IX · Ln 25
Net assets
$35.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5.2M
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$47.9M
FY2022▼ -18%
Expenses
$53.1M
FY2022▲ +12%
Total assets
$151.6M
FY2022▼ -5%
Total liabilities
$115.9M
FY2022▲ +4%
Total revenue
$47.9M
Pt VIII · Ln 12
Total expenses
$53.1M
Pt IX · Ln 25
Net assets
$35.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5.2M
Total assetsPt X · Ln 16$151.6M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $44.3M of program spending, described in the organization's own filed words · FY2021.
01

Everyage owns and operates continuing care retirement communities in newton ("abernethy laurels") and thomasville ("piedmont crossing"), north carolina, consisting of residential living units, assisted living units, and nursing facilities providing adult care and intermediate and skilled nursing care.

$44.3Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEveryage
EINHdr · item D56-6056582
Principal addressHdr · item CNewton, NC
WebsiteHdr · item Jwww.everyage.org
Year of formationHdr · item L1961
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P750)
Ruling yearIRS BMFNov 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President & CEO
$403,114Pt VII · Sec A
Chief Operating Officer
$296,644Pt VII · Sec A
Chief Financial Officer
$256,451Pt VII · Sec A
Chief HR Officer
$224,647Pt VII · Sec A
Chief Quality & Compliance
$216,557Pt VII · Sec A
Executive Director
$208,734Pt VII · Sec A
Director of Information Technology
$195,406Pt VII · Sec A
Executive Director
$185,294Pt VII · Sec A

Lee Syria’s $493K as President and CEO is at the 95th percentile of top reported officer pay among 3123 $10–100M human services 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lee Syria$492,511$438,561
Lee B Syria$403,114$352,106$303,673
Aimee Reimann$331,339$316,511
Aimee N Reimann$296,644$248,469$213,379
John White$244,552$256,451$131,874
Cathy Cooper$255,414$253,551
Gary W Shull$228,006$241,773
Michelle Roseman$236,699$232,062

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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Statement of Revenue

Part VIII
Program service revenue$41.8M · 87%
Other revenue$2.8M · 6%
Investment income$2.6M · 5%
Contributions & grants$638K · 1%
Program service revenue87%$41.8M
Other revenue6%$2.8M
Investment income5%$2.6M
Contributions & grants1%$638K
— government grantsLn 1e$392K
Total revenueLn 12$47.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$44.3M
Management & general17%$8.8M
Total functional expensesLn 25$53.1M

Balance Sheet

Part X · end of year
CashLn 1$4.2M
Total assetsLn 16$151.6M
Total liabilitiesLn 26$115.9M
Total net assetsLn 32$35.7M
Months of cash on handcomputed0.9

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$171K
Grants paid · 8 grants · $3.1M · 2019–2023
Unitemized GrantFY2023$134,136
Unitemized GrantFY2023$74,252
Unitemized GrantFY2022$168,203
Ea HoldingNC · FY2021$1,250,000
Unitemized GrantFY2021$63,612
Carolina SeniorcareNC · FY2020$1,000,000
Unitemized GrantFY2020$224,337
Unitemized GrantFY2019$226,276

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$57.3M revenue · ⤓ 990 PDF
FY2023$54.9M revenue · ⤓ 990 PDF
FY2022$47.9M revenue · viewing · ⤓ 990 PDF
FY2021$58.1M revenue · ⤓ 990 PDF
FY2020$48.9M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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