$41.3M in expenses

Thrivemore is a not-for-profit corporation organized under the laws of the state of north carolina. It is exempt from income tax under internal revenue code section 501[c][3] and a public charity under section 509[a][2]. The board of trustees of thrivemore has fiduciary responsibility for the operation of thrivemore. The mission of thrivemore is to provide quality residential and health care living options and services to north carolina's older adult population. The provision of those services being offered to the poor elderly of the state as well as those older persons who do have the financial resources available to pay for the institutional services they need. (continued on schedule o)in addition to its program of benevolent funding to the poor elderly of the state, thrivemore also provides a special program designed to enhance the lifestyle of older adults with dementia related disorders like alzhemer's disease. Three such programs are operated by thrivemore. Thrivemore owns, maintains, and operates communities throughout north carolina. Its current communities include 357 independent living homes and apartments, 136 assisted living residences, and 101 skilled nursing care rooms. Thrivemore receives support from individuals, businesses, foundations, churches, special offerings, and bequests from others to assist in the operation and administration of its communities.