2026-08-17T12:42:44-05:00 2025-09-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-10-01 273481562 WESTCHESTER TRANSITION INC WEST 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 X KIM S HOPPE 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 4838000 0 X WWW.PROVIDENCEPLACENC.COM X 2010 NC 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 SPIRTUAL GROWTH AND DEVELOPMENT. X 3 3 82 0 0 0 0 0 4579154 0 1278 1017607 200 0 4580632 1017607 0 0 0 0 2081611 0 0 0 0 3074210 0 5155821 0 -575189 1017607 5170062 0 6187669 0 -1017607 0 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 SPIRTUAL GROWTH AND DEVELOPMENT. 0 0 PROVIDING HOUSING AND SENIOR SERVICES THROUGH INNOVATIVE MODELS AND STATE OF THE ART CARE SYSTEMS THAT MAXIMIZE FUNCTIONAL ABILITIES AND SPIRITUAL DEVELOPMENT OF THE RESIDENTS AND PROGRAM PARTICIPANTS IN A CHRISTIAN ENVIRONMENT. THE PRIMARY SERVICES PROVIDED ARE ASSISTED LIVING SERVICES AND MEMORY CARE. 55,170 SQ. FT. OF LIVING SPACE, MEMORY CARE CENTER PROVIDING THERAPEUTIC CARE FOR ALZHEIMER'S/DEMENTIA RESIDENTS, PRIVATE AND SEMI-PRIVATE ROOMS AND ON SITE PHYSICAL THERAPY. 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 20 0 1 82 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 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 PERSIDENT/CEO 0.00 X 0 549848 0 BARRY YATES FORMER CFO 0.00 X 0 576002 21842 0 1383855 21842 0 1 1 0 CULINARY SERVICES GROUP LLC 1135 BUSINESS PARKWAY S STE 10 WESTMINSTER MD 21157 FOOD SERVICE 538309 INTELYCARE INC PO BOX 787317 PHILADELPHIA PA 19178 HEALTHCARE STAFFING 339454 2 4838000 3820393 1017607 1017607 1017607 1017607 0 0 1017607 0 0 0 0 37846 0 1000 0 0 144718 0 0 0 0 0 39729 0 0 0 4674513 0 0 0 0 47256 0 225000 0 5170062 0 455684 0 4585 0 5570201 0 157199 0 6187669 0 X -1017607 0 -1017607 0 5170062 0 1017607 0 X 0 0 0 X 282757 0 0 0 0 282757 4769139 4501173 4529599 4579354 0 18379265 5051896 4501173 4529599 4579354 18662022 0 0 0 18662022 1485 9701 44304 1279 0 56769 1485 9701 44304 1279 56769 5053381 4510874 4573903 4580633 18718791 0.99700 0.99730 0.00300 0.00270 X 0 0 0 0 0 0 0 0 0 BARRY YATES FORMER CFO 0 576002 0 0 0 0 0 0 0 21842 0 597844 0 0 TERRY MILLER FORMER PERSIDENT/CEO 0 549848 0 0 0 0 0 0 0 0 0 549848 0 0 KIM HOPPE CEO 0 258005 0 0 0 0 0 0 0 0 0 258005 0 0 REAL PROPERTY 2024-10-01 3600000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) PERSONAL PROPERTY 2024-10-01 161000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) ACCOUNTS RECEIVABLE 2024-10-01 106000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) PREPAID EXPENSES 2024-10-01 20000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) INTANGIBLES 2024-10-01 925000 AGREED UPON PURCHASE PRICE 566056582 EVERYAGE 100 LEONARD AVENUE NEWTON NC 28658 501(C)(3) GOODWILL 2024-10-01 119000 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 PROVIDENCE PLACE ASSISTED LIVING, 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 BY ANY INTERESTED PARTY. WESLEYAN ARMS INC 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 561012908 ASSISTED LIVING NC 501(C)(3) LINE 10 N/A 0 PPRC NURSING HOME INC 1795 WESTCHESTER DRIVE HIGH POINT NC 27262 311733046 NURSING HOME 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 WESLEYAN INVESTMENT FOUNDATION 13300 OLIO RD FISHERS IN 46037 351775757 LOAN PROVIDER IN 501(C)(3) LINE 10 N/A 0 WESTCHESTER CHRISTIAN CENTER INC 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 561963673 ACQUISITION, IMPROVEMENT, MAINTENANCE, LEASING OF PROPERTY NC N/A C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0