2025-09-26T14:44:12-05:00 2024-09-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-10-01 311733046 PPRC NURSING HOME INC PPRC 3368884560 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 KIM S HOPPE PRESIDENT/CEO 3368884560 2025-09-26 1 0 JOHN M ROBINSON P01281319 3362944494 2025-09-24 2023 2025-03-06 01:10:19Z KIM S HOPPE 1701 WESTCHESTER DRIVE SUITE 400 HIGH POINT NC 27262 16490925 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. 6 6 164 0 0 0 276558 0 15613612 16416602 85269 62625 20577 11698 15996016 16490925 0 0 0 0 5224831 7112828 0 0 0 10106137 10501338 15330968 17614166 665048 -1123241 13154578 11787601 8961967 8718231 4192611 3069370 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 11580751 16428300 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. 11580751 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 0 0 0 1 0 0 0 1 34 0 1 164 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 TERRY MILLER OUTGOING PRESIDENT/CEO 4.00 12.00 X X 0 740310 1784 PENNY CATES CHAIRMAN 3.14 X X 0 0 0 ED WINSLOW SECRETARY 3.14 X X 0 0 0 CRAIG DUNN INCOMING PRESIDENT 3.14 X X 0 0 0 THOMAS NEILL DIRECTOR 3.14 X 0 0 0 C NORWOOD DAVIS INCOMING TREASURER 3.14 X X 0 0 0 REGINA SPARROW DIRECTOR 3.14 X 0 0 0 BARRY YATES OUTGOING CFO 5.00 20.00 X 668387 0 44711 KIM HOPPE INTERIM CEO/CFO 5.00 20.00 X 0 0 0 668387 740310 46495 1 0 1 0 INTELYCARE INC PO BOX 787317 PHILADELPHIA PA 19178 TEMPORARY HEALTHCARE STAFFING 1685469 BROAD RIVER REHABILITATION 1 POND STREET ARDEN NC 28704 REHABILITATION SERVICES 1098954 CULINARY SERVICES GROUP LLC 1135 BUSINESS PKWY S STE 10 WESTMINSTER MD 21157 PROVIDE FOOD FOR RESIDENTS 1004043 NURSEFINDERS LLC PO BOX 910738 DALLAS TX 75391 HEALTHCARE STAFFING 372690 HD SUPPLY FACILITIES MAINTENANCE PO BOX 509058 SAN DIEGO CA 92150 FACILITIES MAINTENANCE 248992 8 PATIENT SERVICES ROOM 623000 16416602 16416602 16416602 62625 62625 MISCELLANEOUS INCOME 623000 11698 11698 11698 16490925 16428300 0 62625 133677 133677 6139978 3355068 2784910 461888 231430 230458 377285 227225 150060 985498 985498 12635 12635 23025 23025 3624 3624 103965 103965 180210 180210 234340 234340 973 973 261447 261447 377818 377818 204538 204538 NURSING, PHYSICAL THERA 6254480 6254480 ADMINISTRATIVE EXPENSES 1305432 1305432 BAD DEBTS 245635 245635 REPAIRS & MAINTENANCE 189607 188770 837 118111 118111 17614166 11580751 6033415 0 4373116 3013933 13612 15877 1269948 1265180 42670 42670 162507 143656 9743104 3701612 6301129 6041492 109577 102837 882019 1161956 13154578 11787601 952913 1094300 78444 0 7916998 7608031 13612 15900 8961967 8718231 X 4192611 3069370 4192611 3069370 13154578 11787601 -1123241 0 X 0 0 0 X 815625 276558 0 1092183 11784365 11162662 13275608 15613612 16416602 68252849 11784365 11978287 13275608 15890170 16416602 69345032 0 0 0 69345032 25603 3770 15860 137017 62625 244875 25603 3770 15860 137017 62625 244875 27725 23545 217677 20577 11698 301222 11837693 12005602 13509145 16047764 16490925 69891129 0.99220 0.99250 0.00350 0.00290 X 900000 900000 7499410 2757560 4741850 1343694 944052 399642 6041492 OTHER RECEIVABLES 80209 REPLACEMENT RESERVE 323786 ESCROW ACCOUNTS 24969 DUE FROM RELATED COMPANIES 732992 1161956 RESIDENT ESCROW LIABILITY 15900 15900 X X X 0 0 0 0 0 0 0 0 0 TERRY MILLER OUTGOING PRESIDENT/CEO 0 740310 0 0 0 0 0 0 0 1784 0 742094 0 0 BARRY YATES OUTGOING CFO 668387 0 0 0 0 0 0 0 44711 0 713098 0 0 0 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 902144 6623089 PPRC NURSING HOME INC WESLEYAN ARMS 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 561012908 ASSISTED LIVING NC 501(C)(3) LINE 11 N/A 0 PPRC SENIOR LIVING I INC 1795 WESTCHESTER DRIVE HIGH POINT NC 27262 311733044 INDEPENDENT LIVING NC 501(C)(3) LINE 11 N/A 0 PPRC SENIOR LIVING II INC 1727 WESTCHESTER DRIVE HIGH POINT NC 27262 300113709 INDEPENDENT LIVING NC 501(C)(3) LINE 11 N/A 0 FIRST WESLEYAN MANAGEMENT CO INC 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 912152420 MANAGEMENT COMPANY NC 501(C)(3) LINE 11 N/A 0 PROVIDENCE PLACE ASSISTED LIVING INC 1701 WESTCHESTER DRIVE HIGH POINT NC 27262 273481562 ASSISTED LIVING NC 501(C)(3) LINE 11 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 WESLEYAN ARMS INC M 740303 CASH PAID