Carmel Foundation
Offers seniors a welcoming place for activities, services, and community. For fiscal year 2025 it reported $2.8M in revenue, $3.1M in expenses, and $21.4M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Carmel, CA
- Website
- www.carmelfoundation.org
- Filings
- 5 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Elizabeth Bates’s $128K as FMR Finance Dir is at the 61st percentile of top reported officer pay among 3864 $1–10M 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
| Name | FY2025 | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Holly Zoller | — | $160,427 | $147,489 | — | — |
| Holly Zoller | — | — | — | $134,367 | $129,397 |
| Beth Bates | — | $132,138 | $124,489 | — | — |
| Elizabeth Bates | $128,416 | — | — | — | — |
| Kim Stemler | $115,710 | — | — | — | — |
| Beth Bates | — | — | — | $105,108 | $101,618 |
| Tim Stoltzfus | — | $105,092 | — | — | — |
| Molly Goshorn | $19,104 | — | — | — | — |
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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Where the work happens
Senior Housing Program
To provide independent living, low-income housing for members of the Carmel Foundation who are at least 65 years old. The Carmel Foundation has 49 units serving 51 residents.
Meal Programs
We offer Three meal programs, in-housing dining four days a week for lunch, curb-side pickup to go three days a week and home bound meals delivered to members who can't come to the Foundation. Close to 24,000 meals were prepared during the fiscal year.
Member Services
Over 65 interesting classes and activities are provided weekly in areas such as creative arts & expression (art, dance, writing), health & wellness (movement, nutrition, fitness), public educational programs, technology (classes & support), music literature & language, discussion groups & lectures, tours, volunteer opportunities…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 55% | — | — |
| Overhead ratio | 32% | — | — |
| Fundraising cost ratio | 31% | — | — |
| Revenue growth | -23% | — | — |
| Investment management fee ratio | 0.3% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 2% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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