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Nonprofit · EIN 20-4264152

BAY POINTE APARTMENTS INC

Tax-exempt · PRESTONSBURG, KY 41653

Financials

$133K$217K2022$148K$188K2023$151K$198K2024
Revenue Expenses · by fiscal year end
Financials of BAY POINTE APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$151,336$198,403-$47,067$1,335,873$27,029$1,308,844
June 30, 2024990$148,021$188,436-$40,415$1,372,464$16,552$1,355,912
June 30, 2023990$132,692$217,482-$84,790$1,408,390$12,063$1,396,327
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$150,240
Investment income
$1,096
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$47,647
Salaries, compensation and benefits (total)
$51,292
Professional fundraising fees
$0
Accounting fees
$7,400
Depreciation
$48,512
Program services (functional)
$198,403

Balance sheet and other

Total assets, start of year
$1,372,464
Total assets, end of year
$1,335,873
Total liabilities, end of year
$27,029
Net assets, end of year
$1,308,844
Land, buildings and equipment
$1,247,488
Net assets without donor restrictions
-$1,271,894
Net assets with donor restrictions
$2,580,738
Gross receipts
$151,336
Employees
4
Volunteers
0
Year formed
2006
State of legal domicile
KY

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES BUTLERPRESIDENT
Trustee or director, Officer
2$0
DIANE THACKERVICE PRESIDENT
Trustee or director, Officer
2$0
ERIC RATLIFFSEC/TREAS
Trustee or director, Officer
2$0
MISSY ALLENMEMBER
Trustee or director
2$0
JERRY FULTZMEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
JAMES BUTLERPRESIDENT
Officer
2$0
DIANE THACKERVP
Officer
2$0
ERIC RATLIFFSEC/TREAS
Officer
2$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
JAMES BUTLERPRESIDENT
Officer
2$0
DIANE THACKERVP
Officer
2$0
ERIC RATLIFFSEC/TREAS
Officer
2$0

Address and contacts

Address (IRS master file)
110 RESOURCE COURT, PRESTONSBURG, KY 41653-8074
In care of
% ERIC RATLIFF
Principal officer (990 for 2024)
MADONNA SKAGGS, PO Box 767, MOREHEAD, KY 40351
Signed the 990
MADONNA SKAGGS, BOOKKEEPER
Phone
(606) 886-2374
Return prepared by
FRALEY MILLER & COMPANY CPAs' PLLC

Mission

LOW INCOME HOUSING FOR SENIOR CITIZENS

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED 23 LOW INCOME HOUSING UNITS TO SENIOR CITIZENS
    Expenses $198,403 · revenue $151,336

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-4264152
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,335,873
Income (IRS master file)
$151,336

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$151,336$198,403$1,335,873IRS
990June 2024$148,021$188,436$1,372,464XML
990June 2023$132,692$217,482$1,408,390XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 20-4264152).

Questions about BAY POINTE APARTMENTS INC

What is the EIN of BAY POINTE APARTMENTS INC?
The employer identification number (EIN) of BAY POINTE APARTMENTS INC is 20-4264152.
Is BAY POINTE APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to BAY POINTE APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BAY POINTE APARTMENTS 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 BAY POINTE APARTMENTS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAY POINTE APARTMENTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BAY POINTE APARTMENTS INC?
The 990 for the year ended June 30, 2025 names MADONNA SKAGGS.
Who are the officers and directors of BAY POINTE APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does BAY POINTE APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $151,336, expenses of $198,403 and total assets of $1,335,873 at year end.

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