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Nonprofit · EIN 20-0715202

SPRINGSHIRE RETIREMENT COMMUNITY INC

Tax-exempt · GREENSBORO, NC 27401

Financials

$109K$2K2023$13K$2K2024
Revenue Expenses · by fiscal year end
Financials of SPRINGSHIRE RETIREMENT COMMUNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,711$2,022$10,689$13,228,935$23,825,000-$10,596,065
December 31, 2023990$109,243$2,022$107,221$13,209,902$23,825,000-$10,615,098
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$12,711
Net gain from sales of assets
-$44,820
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$2,022
Management and general (functional)
$2,022

Balance sheet and other

Total assets, start of year
$13,209,902
Total assets, end of year
$13,228,935
Total liabilities, end of year
$23,825,000
Net assets, end of year
-$10,596,065
Land, buildings and equipment
$2,472,580
Net assets without donor restrictions
-$10,596,065
Gross receipts
$57,531
Employees
0
Year formed
2004
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DIETRICH M EVEGESECRETARY/TR
Trustee or director, Officer
10$0
GEORGE O'GARROCHAIR
Trustee or director, Officer
10$0
PATRICIA SINGLETONDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DIETRICH M EVEGESECRETARY/TR
Trustee or director, Officer
10$0
GEORGE O'GARROCHAIR
Trustee or director, Officer
10$0
PATRICIA SINGLETONDIRECTOR
Trustee or director
5$0
KEN WALKERVICE CHAIR
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
230 NORTH ELM STREET, GREENSBORO, NC 27401-2438
In care of
% DAVID W AMMONS
Principal officer (990 for 2024)
GEORGE O'GARRO, 230 NORTH ELM ST, SUITE 1900, GREENSBORO, NC 27401
Signed the 990
GEORGE O'GARRO, CHAIR
Phone
(919) 468-3118
Return prepared by
JAMES A LUCAS AND COMPANY LLP

Mission

ORIGINALLY FORMED TO OPERATE AS A CONTINUING CARE RETIREMENT FACILITY LICENSED UNDER THE LAWS OF THE STATE OF NORTH CAROLINA, SPRINGSHIRE CHANGED ITS MISSION BY MOVING FROM A CONTINUING CARE RETIREMENT FACILITY CONCEPT IN FAVOR OF SENIOR LIVING RETIREMENT CENTER. SPRINGSHIRE WILL CONTINUE TO OPERATE AS A TAX EXEMPT FACILITY PURSUANT TO REV RULING 72-124 AND REV RULING 79-18. AS A MAJOR COMPONENT OF OPERATING THE SENIOR LIVING RETIREMENT FACILITY, SPRINGSHIRE WANTS TO CONDUCT ACTIVITIES AND PROGRAMS THAT ARE INTERGENERATIONAL IN CONJUNCTION WITH A CHARTER SCHOOL. THIS WILL INCLUDE PROGRAMS AND ACTIVITIES THAT WILL BE AN IMPORTANT ASPECT OF GREENVILLE PREPARATORY ACADEMY, ITS SUBSIDIARY, WHICH WILL OPERATE AS A CHARTER SCHOOL, WITH OBLIGATIONS TO PROVIDE INTERGENERATIONAL PROGRAMS REQUIRED FROM BOTH COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO CONDUCT ACTIVITIES AND PROGRAMS THAT ARE INTERGENERATIONAL IN CONJUNCTION WITH A CHARTER SCHOOL. THIS WILL INCLUDE PROGRAMS AND ACTIVITIES THAT WILL BE AN IMPORTANT ASPECT OF GREENVILLE PREPARATORY ACADEMY, ITS SUBSIDIARY, WHICH WILL OPERATE AS A CHARTER SCHOOL, WITH OBLIGATIONS TO PROVIDE INTERGENERATIONAL PROGRAMS REQUIRED FROM BOTH COMMUNITIES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-0715202
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,228,935
Income (IRS master file)
$57,531

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,711$2,022$13,228,935IRS
990December 2023$109,243$2,022$13,209,902XML
990December 2022$13,138$2,022$13,119,434IRS
990December 2021$8,880,419$2,022$7,608,318IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0715202).

Questions about SPRINGSHIRE RETIREMENT COMMUNITY INC

What is the EIN of SPRINGSHIRE RETIREMENT COMMUNITY INC?
The employer identification number (EIN) of SPRINGSHIRE RETIREMENT COMMUNITY INC is 20-0715202.
Is SPRINGSHIRE RETIREMENT COMMUNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to SPRINGSHIRE RETIREMENT COMMUNITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPRINGSHIRE RETIREMENT COMMUNITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SPRINGSHIRE RETIREMENT COMMUNITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPRINGSHIRE RETIREMENT COMMUNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SPRINGSHIRE RETIREMENT COMMUNITY INC?
The 990 for the year ended December 31, 2024 names GEORGE O'GARRO.
Who are the officers and directors of SPRINGSHIRE RETIREMENT COMMUNITY INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does SPRINGSHIRE RETIREMENT COMMUNITY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,711, expenses of $2,022 and total assets of $13,228,935 at year end.

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