2022-12-21T10:48:21-06:00 2022-06-30 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2021-07-01 510230406 HOLY ANGELS INC HOLY 7048254161 PO BOX 710 BELMONT NC 28012 REGINA P MOODY PRESIDENT/CEO 7048254161 2022-12-19 1 REGINA MOODY 999009999 AMANDA ADAMS P00748038 7043771678 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z REGINA P MOODY PO BOX 710 BELMONT NC 28012 9334354 0 0928 X WWW.HOLYANGELSNC.ORG X 1956 NC HOLY ANGELS, INC. PROVIDES SUPPORT TO ITS RELATED EXEMPT ORGANIZATIONS. 15 15 475 10 0 0 5293774 364234 8493240 8970120 0 0 0 0 13787014 9334354 0 409632 0 0 6250823 6724194 0 0 0 2666215 2893106 8917038 10026932 4869976 -692578 6832439 12927862 1052004 5957712 5780435 6970150 X IN A POSITIVE ENVIRONMENT OF SPIRITUAL, PHYSICAL, EDUCATIONAL, SOCIAL AND EMOTIONAL SUPPORT, HOLY ANGELS PROVIDES CHILDREN AND ADULTS WITH DIGNIFIED AND EMPOWERING OPPORTUNITIES FOR LIVING, WITH SPECIAL EMPHASIS ON THOSE INDIVIDUALS WITH VARYING DEGREES OF MENTAL RETARDATION WHO MAY ALSO HAVE MULTIPLE DISABILITIES. 0 0 5695856 409632 7452227 HOLY ANGELS INC. OFFERS PROGRAMS AND SERVICES FOR CHILDREN AND ADULTS WITH VARYING DEGREES OF INTELLECTUAL DEVELOPMENTAL DISABILITIES AND DELICATE MEDICAL CONDITIONS. HOLY ANGELS' RESIDENTIAL PROGRAM SERVICE ACCOMPLISHMENTS HAVE HAD INCREASED GROWTH SPECIFICALLY IN MEDICAL AND DENTAL SERVICES DUE TO THE COMPLEXITY OF THE DISABILITIES OF THE INDIVIDUALS SERVED. WE CONTINUE TO EXPAND OTHER DAY PROGRAMS AND SERVICES IN EFFORT TO SERVE MORE CLIENTS WITHIN THE COMMUNITY WHILE OFFERING A LARGER ARRAY OF MORE DIVERSE SERVICES. 1517893 1517893 IN FURTHERANCE OF ITS CHARITABLE MISSION AND THE CHARITABLE MISSION OF ITS RELATED ENTITIES, HOLY ANGELS, INC. PROVIDES ADMINISTRATIVE SERVICES FOR HOLY ANGELS SERVICES, INC. AND HOLY ANGELS FOUNDATION. 7213749 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 7 0 1 475 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X MICHAEL C GIANG 7048254161 HOLY ANGELS INC PO BOX 710 BELMONT NC 28012 HANS L LENGERS CHAIR 1.00 1.00 X X 0 0 0 REV ROB F HINMAN PAST CHAIR 1.00 1.00 X X 0 0 0 KAYE MCGARRY VICE CHAIR 1.00 1.00 X X 0 0 0 LYNN LEONARD DIRECTOR 1.00 1.00 X 0 0 0 MAGGIE BAUCOM DIRECTOR 1.00 1.00 X 0 0 0 SHELTON BROWN DIRECTOR 1.00 1.00 X 0 0 0 JOHN DICKENSON DIRECTOR 1.00 1.00 X 0 0 0 SR TOM GAVIGAN DIRECTOR 1.00 1.00 X 0 0 0 TIM GUNDERMAN DIRECTOR 1.00 1.00 X 0 0 0 STEVE HANNON DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL HOLDENRID DIRECTOR 1.00 1.00 X 0 0 0 RAMONA HOLLOWAY DIRECTOR 1.00 1.00 X 0 0 0 ASHLEY LONG DIRECTOR 1.00 1.00 X 0 0 0 ANDREW MATZNICK DIRECTOR 1.00 1.00 X 0 0 0 JASON SHOEMAKER DIRECTOR 1.00 1.00 X 0 0 0 REGINA P MOODY PRESIDENT/CEO 20.00 20.00 X 369641 0 22696 KERRI C MASSEY EXECUTIVE VP/COO 20.00 20.00 X 173385 0 24642 MICHAEL C GIANG TREASURER/ CFO 20.00 20.00 X 188184 0 16274 CAROL PETROPULOS EXECUTIVE SECRETARY 20.00 20.00 X 67911 0 13095 799121 0 76707 3 0 1 0 0 364234 364234 PATIENT SERVICE REVENU 900099 6419544 6419544 AFFILIATE ADMIN SERVIC 900099 1517893 1517893 FOOD AND OTHER SALES 900099 666990 666990 DIETARY EVALUATIONS 900099 223618 223618 142075 142075 8970120 9334354 8970120 0 0 409632 409632 1056816 232657 824159 4661557 3755639 905918 135952 92054 43898 462570 313209 149361 407299 275784 131515 690019 354101 335918 38630 31029 7601 241176 193723 47453 551351 442868 108483 6624 5321 1303 16832 13520 3312 358774 299244 59530 192117 154316 37801 SUPPLIES 588727 472890 115837 FOOD EXPENSES 130962 105194 25768 77894 62568 15326 10026932 7213749 2813183 0 4044990 7948629 233130 1882293 329627 1032445 180727 115046 109620 111033 10156972 8364919 1859201 1792053 75144 46363 6832439 12927862 976250 885755 5027284 75754 44673 1052004 5957712 X 5780435 5087857 1882293 5780435 6970150 6832439 12927862 -692578 1882293 0 X 0 1 X 1 0 X 681675 2063380 1710427 5293774 364234 10113490 8012028 7037278 6631259 8493240 8970120 39143925 8693703 9100658 8341686 13787014 9334354 49257415 387915 1317277 1471477 2020907 1637517 6835093 975993 1019425 1053392 1113610 1500003 5662423 1363908 2336702 2524869 3134517 3137520 12497516 36759899 8693703 9100658 8341686 13787014 9334354 49257415 0.74630 0.77010 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 413842 413842 4693255 3501709 1191546 5049875 4863210 186665 1792053 RESIDENT TRUST LIABILITY 44673 44673 X 9746325 1929864 1929864 7816461 1517893 1517893 9334354 8556610 47571 47571 8509039 1517893 1517893 10026932 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX AND APPLICABLE STATE STATUTES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. U.S. GAAP REQUIRES THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO AUDIT BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: AFFILIATE ADMIN FEES NETTED AGAINST RELATED EXPENSES 1,517,893. PART XII, LINE 4B - OTHER ADJUSTMENTS: AFFILIATE ADMIN FEES NETTED AGAINST RELATED EXPENSES 1,517,893. 1 HOLY ANGELS FOUNDATION INC PO BOX 710 BELMONT NC 28012 561762654 501(C)(3) 409632 0 OPERATIONS SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION ONLY MAKES GRANTS TO ITS RELATED ORGANIZATIONS. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. X X X X 0 0 0 0 0 0 0 0 0 REGINA P MOODY PRESIDENT/CEO 293307 0 0 0 76334 0 13170 0 9526 0 392337 0 0 0 MICHAEL C GIANG TREASURER/ CFO 187958 0 0 0 226 0 7767 0 8507 0 204458 0 0 0 KERRI C MASSEY EXECUTIVE VP/COO 173385 0 0 0 0 0 9112 0 15530 0 198027 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION INCLUDE THE FOLLOWING PERSONS: THE INDIVIDUAL WHO IS FROM TIME TO TIME THE PRESIDENT OF THE SISTERS OF MERCY OF THE AMERICAS, REGIONAL COMMUNITY OF NORTH CAROLINA (THE "REGIONAL COMMUNITY") AND THOSE PERSONS WHO FROM TIME TO TIME ARE THE MEMBERS OF THE COUNCIL OF THE REGIONAL COMMUNITY. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION ELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS APPROVE ANY MAJOR DECISIONS AFFECTING HOLY ANGELS, INC. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE 990 AND THEN ONCE IT HAS BEEN COMPLETED, SENDS VIA EMAIL (WITH A DELIVERY AND READ RECEIPT) A COMPLETE COPY OF THE 990 TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN HAVE ONE WEEK TO REVIEW AND TO RESPOND BACK TO MANAGEMENT WITH ANY CHANGES THAT NEED TO BE MADE. IF THERE ARE NO CHANGES NEEDED AFTER THE ONE WEEK PERIOD, MANAGEMENT FILES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THIS CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THIS POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT HOLY ANGELS, INC. IS A CHARITABLE ORGANIZATION AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OF DIRECTORS OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE RESPONSIBILITY FOR EXECUTIVE COMPENSATION FOR THE PRESIDENT/CEO IS THE RESPONSIBILITY OF THE CHAIR AND THE EXECUTIVE COMMITTEE, WHICH CONSISTS OF THE PAST CHAIR, CHAIR, VICE CHAIR, COMMITTEE CHAIRS AND ANY OTHER MEMBERS APPOINTED BY THE CHAIR. THE EXECUTIVE COMMITTEE SEEKS INPUT FROM THE BOARD AND MEETS ON AN ANNUAL BASIS TO COMPLETE A YEARLY PERFORMANCE AND COMPENSATION REVIEW OF THE PRESIDENT/CEO. A COMPARABLE SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION AND OTHER EXECUTIVE POSITIONS. THE EXECUTIVE COMMITTEE SHALL MEET INDEPENDENT OF THE PRESIDENT/CEO TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION. DURING THESE DELIBERATIONS, THE COMMITTEE MAY ALSO CONSIDER INPUT OBTAINED FROM OTHER BOARD MEMBERS, SISTERS OF MERCY, STAFF, PROFESSIONAL ADVISORS, AND OTHER INFORMED COMMUNITY LEADERS. THE CHAIR OF THE EXECUTIVE COMMITTEE REVIEWS THE ACCOMPLISHMENTS OF THE PRESIDENT/CEO DURING THE YEAR AND A WRITTEN PERFORMANCE REVIEW IS COMPLETED. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMPENSATION REVIEW INCLUDES BASE PAY, FRINGE BENEFITS AND ANY OTHER IDENTIFIED PERFORMANCE INCENTIVES. THROUGH ITS MINUTES, THE CHAIR/EXECUTIVE COMMITTEE MUST DOCUMENT ALL OF ITS DELIBERATIONS AND DECISIONS, INCLUDING THE SALARY SURVEY USED. THIS PROCESS IS REFERENCED IN ARTICLE XI, SECTION 1 OF THE BYLAWS OF HOLY ANGELS, INC. THE HOLY ANGELS BOARD OF DIRECTORS DELEGATES THE AUTHORITY OF THE PRESIDENT/CEO TO DETERMINE ALL OTHER COMPENSATION. AS FOR KEY EMPLOYEES AND OTHER EMPLOYEES, IT IS THE POLICY OF HOLY ANGELS TO PAY WAGES AND SALARIES THAT ARE REASONABLE AND COMPETITIVE WITH RATES BEING PAID FOR SIMILAR JOBS BY OTHER EMPLOYERS IN THE COMMUNITY. INCREASES IN EMPLOYEE COMPENSATION MAY BE OFFERED BASED ON INDIVIDUAL JOB PERFORMANCE, LONGEVITY, DUTIES AND RESPONSIBILITIES LISTED IN JOB DESCRIPTIONS, AND AREA WAGE AND SALARY SURVEYS. WAGE OR SALARY RANGES HAVE BEEN ESTABLISHED FOR EACH LEVEL OF JOBS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. HOLY ANGELS ENTERPRISES LLC 6600 WILKINSON BLVD BELMONT NC 28012 842303989 RETAIL FOOD AND GIFT SALES NC 666990 218234 HOLY ANGELS INC HA-HOPE PROPERTIES LLC 6600 WILKINSON BLVD BELMONT NC 28012 842310510 HOLD REAL ESTATE NC 0 250469 HOLY ANGELS INC SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL COMMUNITY 101 MERCY DRIVE BELMONT NC 28012 581395744 HELP PEOPLE IN NEED NC 501(C)(3) LINE 1 0 HOLY ANGELS FOUNDATION INC PO BOX 710 BELMONT NC 28012 561762654 TO PROMOTE CHARITABLE AND RELIGIOUS ACTIVITIES ON BEHALF OF ITS PARENT NC 501(C)(3) LINE 7 HOLY ANGELS INC 1 HOLY ANGELS SERVICES INC PO BOX 710 BELMONT NC 28012 561785000 TO PROVIDE COMPREHENSIVE CARE TO PRIMARILY CHILDREN WITH DISABILITIES NC 501(C)(3) LINE 10 HOLY ANGELS INC 1 SISTERS OF MERCY OF NORTH CAROLINA FOUNDATION 2115 REXFORD RD STE 401 BELMONT NC 28012 561920303 SUPPORTS WORK OF TAX-EXEMPT HEALTHCARE, EDUCATIONAL AND SOCIAL ORGANIZATIONS NC 501(C)(3) LINE 12A, I SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 HOLY ANGELS FOUNDATION INC B 409632 FAIR MARKET VALUE SISTERS OF MERCY OF THE AMERICAS C 1929864 FAIR MARKET VALUE HOLY ANGELS SERVICES INC L 1593347 FAIR MARKET VALUE HOLY ANGELS FOUNDATION INC L 117285 FAIR MARKET VALUE