2025-10-30T10:00:08-05:00 2025-06-30 561706742 DAVIDSON HOLLAND WHITESELL & CO PLLC 209 13TH AVE PLACE NW SUITE 200 HICKORY NC 28601 990 2024-07-01 561762654 HOLY ANGELS FOUNDATION INC HOLY 7048254161 PO BOX 710 BELMONT NC 28012 KERRI C MASSEY PRESIDENT / CEO 7048254161 2025-10-23 1 1 MATTHEW MCKINNEY P01707028 8283222070 2025-10-23 2024 2025-03-06 01:10:19Z KERRI C MASSEY PO BOX 710 BELMONT NC 28012 20911075 0 X WWW.HOLYANGELSNC.ORG X 1956 NC THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE CHARITABLE AND RELIGIOUS ACTIVITIES ON BEHALF OF ITS PARENT ORGANIZATION, HOLY ANGELS, INC. 15 15 0 109 0 0 3777893 5592976 0 0 1348520 3343578 -72020 -45312 5054393 8891242 1569840 4605559 0 0 0 0 0 0 819611 1092670 1116937 2662510 5722496 2391883 3168746 36000815 38761165 15159 36609 35985656 38724556 FUNDING, FUNDRAISING, AND ADMINISTRATIVE SUPPORT PROVIDED TO OR ON BEHALF OF HOLY ANGELS, INC. FOR COMPREHENSIVE RESIDENTIAL SERVICES AND MEDICAL CARE TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. 0 0 4605559 4605559 FUNDING, FUNDRAISING, AND ADMINISTRATIVE SUPPORT PROVIDED TO OR ON BEHALF OF HOLY ANGELS, INC. FOR COMPREHENSIVE RESIDENTIAL SERVICES AND MEDICAL CARE TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. 4605559 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 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 PO BOX 710 BELMONT NC 28012 GREG ADAMS 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 DIANE CHASE DIRECTOR 1.00 1.00 X 0 0 0 JOHN DICKENSON DIRECTOR 1.00 1.00 X 0 0 0 REBECCA FOX DIRECTOR 1.00 1.00 X 0 0 0 THOMAS GAVIGAN MD DIRECTOR 1.00 1.00 X 0 0 0 JOHN KINES DIRECTOR 1.00 1.00 X 0 0 0 DENNIS KUHN DIRECTOR 1.00 1.00 X 0 0 0 RICK MENZE DIRECTOR 1.00 1.00 X 0 0 0 ANDREW MATZNICK DIRECTOR 1.00 1.00 X 0 0 0 SR NANCY NANCE RSM DIRECTOR 1.00 1.00 X 0 0 0 CATHY THORSELL DIRECTOR 1.00 1.00 X 0 0 0 JASON SHOEMAKER VICE CHAIR 1.00 1.00 X X 0 0 0 KAYE MCGARRY CHAIR 1.00 1.00 X X 0 0 0 CAROL PETROPULOS EXECUTIVE SECRETARY 10.00 30.00 X 0 82088 13178 MICHAEL C GIANG TREASURER / CFO 10.00 30.00 X 0 224445 19600 DONNIE O THURMAN EXECUTIVE VP/COO 10.00 30.00 X 0 167015 15206 KERRI C MASSEY CEO & PRESIDENT 10.00 30.00 X 0 251520 21855 REGINA P MOODY PRESIDENT EMERITUS 6.00 18.00 X 0 159538 16796 0 884606 86635 0 1 1 0 0 755932 275200 4561844 1212869 5592976 1633718 1633718 13520781 11810921 1709860 1709860 1709860 163600 755932 208912 -45312 -45312 8891242 0 0 3298266 X 4605559 4605559 2161 2161 114238 114238 183088 183088 712 712 32100 32100 9973 9973 296 296 177 177 103955 103955 SHARED SERVICES 503677 503677 OTHER EXPENSES 95137 95137 CONTRACT SERVICES 70423 70423 BAD DEBT EXPENSE 1000 1000 5722496 4605559 297326 819611 1597810 1920560 5573 66679 6104 51661 75195 2547806 86261 2457997 2461545 31456994 34014968 364101 282793 36000815 38761165 15159 36609 15159 36609 X 33594046 34076277 2391610 4648279 35985656 38724556 36000815 38761165 3168746 -429846 0 X X 0 1 X 1 0 X 3741817 5081625 3897838 3777893 5592976 22092149 3741817 5081625 3897838 3777893 5592976 22092149 2665647 19426502 755305 1399299 884586 1134582 1633718 5807490 42502 42502 27942141 0.69520 0.66510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8688930 118932 695815 9503677 7171705 490918 1026307 8688930 6427142 210288 534275 7171705 7254221 77408 -904487 6427142 5652366 78074 1523781 7254221 0.76340 0.23660 0 0 744150 1703947 2448097 89809 86261 3548 9900 9900 2461545 X 8556070 -429846 208912 -220934 8777004 114238 114238 8891242 5817170 208912 208912 5608258 114238 114238 5722496 PART V, LINE 4: THE INTENT OF THE MOTHER MARY BENIGNUS HOBAN ENDOWMENT FUND IS TO ENSURE THE FUTURE OF HOLY ANGELS THROUGH BUILDING THE CORPUS THAT WILL GENERATE EARNED INTEREST WHICH CAN BE USED TO SUPPORT ORGANIZATIONS, SPECIAL PROJECTS OR CAPITAL NEEDED. THE PERCENTAGES REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. 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 THE CURRENT YEAR, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNIZTION 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 TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 208,912. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 208,912. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING REVENUE GOT TALENT 351252 270252 81000 12704 28953 42470 27176 CLAY SHOOT 344142 291942 52200 2115 30689 7273 11108 3 224138 193739 30399 6846 16810 8506 14259 919532 755933 163599 21665 76452 58249 52543 208909 -45310 1 HOLY ANGELS SERVICES INC PO BOX 710 BELMONT NC 28012 561785000 3666687 0 OPERATIONS SUPPORT HOLY ANGELS INC PO BOX 710 BELMONT NC 28012 510230406 938872 0 OPERATIONS SUPPORT 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 KERRI C MASSEY CEO & PRESIDENT 0 251520 0 0 0 0 0 0 0 21855 0 273375 0 0 MICHAEL C GIANG TREASURER / CFO 0 224445 0 0 0 0 0 0 0 19600 0 244045 0 0 DONNIE O THURMAN EXECUTIVE VP/COO 0 167015 0 0 0 0 0 0 0 15206 0 182221 0 0 REGINA P MOODY PRESIDENT EMERITUS 0 159538 0 0 0 0 0 0 0 16796 0 176334 0 0 X 7 1196275 FAIR MARKET VALUE X GALA - SILVER MEMBERSHIP 1 10000 FAIR MARKET VALUE X JEWELRY 1 6595 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 HOLY ANGELS, INC. IS THE SOLE MEMBER OF HOLY ANGELS FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 7A HOLY ANGELS, INC. APPOINTS THE BOARD OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B HOLY ANGELS, INC. APPROVES ANY MAJOR DECISIONS AFFECTING HOLY ANGELS FOUNDATION, 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 CIMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES ARE EMPLOYED BY HOLY ANGELS, INC., A RELATED ENTITY. 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 APPONTED 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 MEMEBERS, 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 ANNNUAL 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. INCREASED 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 JOB. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 183,088. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 183,088. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HA PROPERTIES LLC PO BOX 710 BELMONT NC 28012 842071832 HOLD REAL ESTATE NC 0 2506664 HOLY ANGELS FOUNDATION INC 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 0 HOLY ANGELS INC PO BOX 710 BELMONT NC 28012 510230406 TO PROVIDE SUPPORT TO RELATED ORGANIZATIONS NC 501(C)(3) LINE 10 SISTERS OF MERCY OF THE AMERICAS SOUTH CENTRAL 0 SISTERS OF MERCY OF NORTH CAROLINA FOUNDATION PO BOX 987 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 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 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 HOLY ANGELS SERVICES B 3666687 FAIR MARKET VALUE HOLY ANGELS INC B 938872 FAIR MARKET VALUE HOLY ANGELS INC M 183088 FAIR MARKET VALUE