2026-08-17T12:39:29-05:00 2025-09-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-10-01 311733046 PPRC NURSING HOME INC PPRC 3368884558 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 KIM S HOPPE CEO 3368884558 2026-08-17 1 0 JOHN M ROBINSON P01281319 3362944494 2026-08-17 2024 2025-03-06 01:10:19Z X KIM S HOPPE 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 18425000 0 X WWW.PROVIDENCEPLACENC.COM X 2000 NC PPRC NURSING HOME, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PASSIONATELY SERVE THE HOUSING AND CARE NEEDS OF SENIOR ADULTS WITH INNOVATIVE PROGRAMS AND SERVICES DELIVERED AT AN EXCEPTIONAL VALUE WHILE ENCOURAGING PERSONAL AND SPIRITUAL GROWTH AND DEVELOPMENT. X 6 6 148 0 0 0 0 0 16416602 0 62625 -3069370 11698 0 16490925 -3069370 0 0 0 0 7112828 0 0 0 0 10501338 0 17614166 0 -1123241 -3069370 11787601 0 8718231 0 3069370 0 PPRC NURSING HOME, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PASSIONATELY SERVE THE HOUSING AND CARE NEEDS OF SENIOR ADULTS WITH INNOVATIVE PROGRAMS AND SERVICES DELIVERED AT AN EXCEPTIONAL VALUE WHILE ENCOURAGING PERSONAL AND SPIRITUAL GROWTH AND DEVELOPMENT. 0 0 THE ORGANIZATION OPERATES A 129-BED SKILLED NURSING FACILITY FOR THE ELDERLY LOCATED IN HIGH POINT, NORTH CAROLINA (THE PROJECT). SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF ELDERLY AND HANDICAPPED INDIVIDUALS. THE PROJECT IS OPERATED UNDER SECTION 232 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). THE PROJECT'S MAJOR PROGRAM IS ITS SECTION 232 INSURED MORTGAGE. FHA PROJECT NUMBER 053-43243. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 24 0 1 148 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X KIM S HOPPE 3368884560 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 REGINA SHARROW SECRETARY 0.00 X X 0 0 0 C NORWOOD DAVIS PRESIDENT 0.00 X X 0 0 0 CRAIG DUNN DIRECTOR 0.00 X 0 0 0 KIM HOPPE CEO 5.00 20.00 X 0 258005 0 TERRY MILLER FORMER PRESIDENT/CEO 0.00 X 549848 0 0 BARRY YATES FORMER CFO 0.00 X 576002 0 21842 1125850 258005 21842 2 1 1 0 INTELYCARE INC PO BOX 787317 PHILADELPHIA PA 19178 TEMPORARY HEALTHCARE STAFFING 1205199 CULINARY SERVICES GROUP LLC 1135 BUSINESS PKWY S STE 10 WESTMINSTER MD 21157 PROVIDE FOOD FOR RESIDENTS 839654 BROAD RIVER REHABILITATION 1 POND STREET ARDEN NC 28704 REHABILITATION SERVICES 799748 NURSEFINDERS LLC PO BOX 910738 DALLAS TX 75391 HEALTHCARE STAFFING 283652 EXCEL STAFFING SERVICES PO BOX 748247 ATLANTA GA 30374 STAFFING SERVICE 263095 5 18425000 21494370 -3069370 -3069370 -3069370 -3069370 0 0 -3069370 0 0 0 0 3013933 0 15877 0 0 1265180 0 0 0 0 42670 0 143656 0 0 0 6041492 0 0 0 0 102837 0 1161956 0 11787601 0 1094300 0 7608031 0 15900 0 8718231 0 X 3069370 0 3069370 0 11787601 0 -3069370 0 X 0 0 0 X 815625 0 276558 0 0 1092183 11162662 13275608 15613612 16416602 0 56468484 11978287 13275608 15890170 16416602 57560667 0 0 0 57560667 3770 15860 137017 62625 0 219272 3770 15860 137017 62625 219272 23545 217677 20577 11698 273497 12005602 13509145 16047764 16490925 58053436 0.99150 0.99220 0.00380 0.00350 X X X X 0 0 0 0 0 0 0 0 0 BARRY YATES FORMER CFO 576002 0 0 0 0 0 0 0 21842 0 597844 0 0 0 TERRY MILLER FORMER PRESIDENT/CEO 549848 0 0 0 0 0 0 0 0 0 549848 0 0 0 KIM HOPPE CEO 0 258005 0 0 0 0 0 0 0 0 0 258005 0 0 REAL PROPERTY 2024-10-01 6900000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) PERSONAL PROPERTY 2024-10-01 561000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) ACCOUNTS RECEIVABLE 2024-10-01 1625000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) PREPAID EXPENSES 2024-10-01 83000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) INTANGIBLES 2024-10-01 2428000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) GOODWILL 2024-10-01 7443000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) INVENTORY 2024-10-01 43000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) 0 0 0 1 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: KIM S. HOPPE PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: COMPENSATION FROM RELATED ORGANIZATION FOR SERVICES RELATED TO WINDING DOWN THE ENTITY. FORM 990, PART VI, SECTION A, LINE 3 CERTAIN MANAGEMENT DUTIES WERE DELEGATED TO A RELATED 501(C)(3) ORGANIZATION: WESLEYAN ARMS, INC. (56-1012908). FORM 990, PART VI, SECTION B, LINE 11B PPRC NURSING HOME, INC. DOES NOT PROVIDE ITS FORM 990 TO THE BOARD FOR REVIEW PRIOR TO FILING THE 990 RETURN. THE FINANCIAL STATEMENTS ARE REVIEWED ON A MONTHLY BASIS BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE ASKED TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST AND IN THE EVENT OF A CONFLICT OF INTEREST THAT MEMBER IS ASKED TO ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND CERTAIN TOP EMPLOYEES IS DETERMINED BY AN INDEPENDENT BOARD OF DIRECTORS. THE DIRECTORS ARE ALL LOCAL BUSINESS EXECUTIVES AND PROFESSIONALS. THE REVIEW AND ANALYSIS IS CONDUCTED IN A CLOSED SESSION WHERE THE INDIVIDUAL WHO IS THE SUBJECT OF THE REVIEW IS EXCLUDED FROM THE DISCUSSIONS SO AS TO ENCOURAGE FRANK AND FORTHRIGHT DEBATE. DURING THE DISCUSSIONS, COMPARABILITY DATA IS OFTEN IDENTIFIED. FOR EXAMPLE, ONE OF THE DIRECTORS IS A HEALTHCARE ATTORNEY AND IS AWARE OF EXECUTIVE SALARIES AT A NUMBER OF SIMILAR LONG TERM CARE ORGANIZATIONS THROUGHOUT THE STATE. NOTES AND MINUTES ARE TAKEN OF THE DISCUSSION AND THE DECISION AND THEN THE CONCLUSIONS OF THE BOARD ARE THEN PUT INTO PLACE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. PPRC HOLDINGS LLC 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 463824921 LEASING PROPERTY TO PPRC NURSING HOME, INC. NC 2420456 0 PPRC NURSING HOME INC WESLEYAN ARMS 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 561012908 ASSISTED LIVING NC 501(C)(3) LINE 10 N/A 0 PPRC SENIOR LIVING I INC 1795 WESTCHESTER DRIVE HIGH POINT NC 27262 311733044 INDEPENDENT LIVING NC 501(C)(3) LINE 10 N/A 0 PPRC SENIOR LIVING II INC 1727 WESTCHESTER DRIVE HIGH POINT NC 27262 300113709 INDEPENDENT LIVING NC 501(C)(3) LINE 10 N/A 0 FIRST WESLEYAN MANAGEMENT CO INC 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 912152420 MANAGEMENT COMPANY NC 501(C)(3) LINE 10 N/A 0 WESTCHESTER TRANSITION INC 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 273481562 ASSISTED LIVING NC 501(C)(3) LINE 10 N/A 0 WESLEYAN INVESTMENT FOUNDATION 13300 OLIO RD FISHERS IN 46037 351775757 LOAN PROVIDER IN 501(C)(3) LINE 10 N/A 0 WESTCHESTER CHRISTIAN CENTER 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 561963673 ACQUISITION, IMPROVEMENT, MAINTENANCE, LEASING OF PROPERTY NC N/A C 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0