WELL-SPRING RETIREMENT COMMUNITY INC
4100 WELL SPRING DRIVE, GREENSBORO, NC 27410 www.well-spring.org

Total Revenue
$33,044,542
Total Expenses
$30,588,821
Net Assets
$33,642,463

Organizations Filed Purposes: WELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.

TO PROVIDE RETIREMENT LIVING SERVICES.

WELL-SPRING RETIREMENT COMMUNITY, INC ("WELL-SPRING"), A NORTH CAROLINA NONPROFIT CORPORATION, WAS ORGANIZED FOR THE PURPOSE OF OPERATING A CONTINUING CARE RETIREMENT COMMUNITY. WELL-SPRING IS GOVERNED BY A BOARD OF TRUSTEES COMPOSED OF CIVIC LEADERS, CURRENTLY CONSISTING OF 17 INDIVIDUALS, WHO SERVE WITHOUT COMPENSATION FOR STAGGERED THREE-YEAR TERMS. A MULTI-DENOMINATIONAL GROUP OF CHURCHES IN GREENSBORO, NORTH CAROLINA INITIALLY SPONSORED AND PROVIDED LEADERSHIP TO WELL-SPRING. REV. RUL. 72-124, 1972-1 C.B. 145, SETS OUT REQUIREMENTS THAT "HOME FOR THE AGED" MUST MEET TO QUALIFY FOR SECTION 501(C) 3 EXEMPTION. THE INTERNAL REVENUE SERVICE PROVIDED THE FOLLOWING REQUIREMENTS: (1) SATISFACTION OF THE NEED FOR HOUSING THROUGH THE PROVISION OF EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS AND SIMILAR NEEDS OF AGED.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Misti RidenourDIRECTOR OF HEALTHCARE40$147,634
George GalvinDIRECTOR OF DINING SERVICE40$140,256
Alison Munroe- LylesDIRECTOR OF NURSING40$127,470
Philip JohnsonDIRECTOR OF FACILITIES40$104,426
Don GwynnTREASURER/CFO20$0
K Alan TutterowSECRETARY/ED40$0
Stephen P FlemingPRESIDENT/CEO30$0
Ann ZurawBOARD MEMBER1$0
Susan ShumakerBOARD MEMBER1$0
Dale WhitfieldBOARD MEMBER1$0
Leslye TuckBOARD MEMBER1$0
Steven TangerBOARD MEMBER1$0
Robert PowellBOARD MEMBER1$0
Lloyd PetersonBOARD MEMBER1$0
Bonnie McalisterVICE-CHAIR1$0
Paul H Livingston JrBOARD MEMBER1$0
Mark HymanBOARD MEMBER1$0
Danny GatlingBOARD MEMBER1$0
Wendy GatlinBOARD MEMBER1$0
Clem ClementBOARD MEMBER1$0
Anthony BoydBOARD MEMBER1$0
Kenneth BoggsBOARD MEMBER1$0
Kathryn BillingsCHAIR4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003119349300520_public.xml