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Nonprofit · EIN 26-0821403

RIDGECREST AT RICHFIELD

Tax-exempt · SALEM, VA 24153

Financials

$1.2M$1.1M2022$1.3M$1.1M2023
Revenue Expenses · by fiscal year end
Financials of RIDGECREST AT RICHFIELD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$1,253,444$1,125,973$127,471$2,264,975$2,158,692$106,283
September 30, 2023990$1,239,290$1,082,958$156,332$2,232,628$2,253,816-$21,188
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,149,314
Investment income
$104,130
Net gain from sales of assets
$100,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$142,773
Salaries, compensation and benefits (total)
$176,542
Professional fundraising fees
$0
Legal fees
$58,119
Accounting fees
$70,155
Occupancy
$356,070
Travel
$3,432
Depreciation
$205,667
Program services (functional)
$820,294
Management and general (functional)
$305,679

Balance sheet and other

Total assets, start of year
$2,232,628
Total assets, end of year
$2,264,975
Total liabilities, end of year
$2,158,692
Net assets, end of year
$106,283
Land, buildings and equipment
$1,259,396
Net assets without donor restrictions
$106,283
Gross receipts
$1,253,444
Employees
9
Volunteers
6
Year formed
2008
State of legal domicile
VA

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 September 30, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Mary P ClementsCFO
Officer
2$0$285,968$19,183
Tonya WoolwineExecutive/Corp Secretary
Officer
2$0$160,200$31,312
George ZubrodCEO
Officer
2$0$32,550$0
David ThornhillDirector
Trustee or director
2$0$0$0
Donnovan YoungDirector
Trustee or director
2$0$0$0
Kirtesh PatelDirector
Trustee or director
2$0$0$0
Sydney NordtDirector
Trustee or director
2$0$0$0
990 for the year ended September 30, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHERIE GRISSOCEO THROUGH 6/2023
Officer
2$0$288,788$41,130
MARY P CLEMENTSCFO
Officer
2$0$194,343$21,063
AMY STOEHRREVENUE ENHANCEMENT THROUGH 9/2023
Highest-paid employee
2$0$146,808$8,666
MELISSA SHEPPARDDIRECTOR OF NURSING, SALEM
Highest-paid employee
2$0$117,656$17,193
WAYNE FERGUSONDIRECTOR OF IT THROUGH 9/2023
Highest-paid employee
2$0$101,894$18,730
TONYA WOOLWINEEXECUTIVE/CORP SECRETARY
Officer
2$0$84,504$18,351
KIRTESH PATELBOARD CHAIR
Trustee or director, Officer
2$0$0$0
DAVID THORNHILLVICE CHAIR
Trustee or director, Officer
2$0$0$0
DONNOVAN YOUNGTREASURER
Trustee or director, Officer
2$0$0$0
SYDNEY NORDTSECRETARY
Trustee or director, Officer
2$0$0$0
DR WARREN G CLARKDIRECTOR
Trustee or director
2$0$0$0
DR WILLIAM HASTYDIRECTOR
Trustee or director
2$0$0$0
DONNA MUSSELWHITEDIRECTOR
Trustee or director
2$0$0$0
DR CORTORREAL PROSPERODIRECTOR
Trustee or director
2$0$0$0
DR EDWIN J POLVERINODIRECTOR
Trustee or director
2$0$0$0
ANGELA REYNOLDSDIRECTOR
Trustee or director
2$0$0$0
ADAM SHOREDIRECTOR
Trustee or director
2$0$0$0
LISA SPRINKELDIRECTOR
Trustee or director
2$0$0$0
SUSAN WOODIE-WILLIAMSDIRECTOR
Trustee or director
2$0$0$0
GEORGE ZUBRODCEO STARTING 8/2023
Officer
2$0$0$0

Address and contacts

Address (IRS master file)
3730 RICHFIELD LANCE, SALEM, VA 24153-0000
Principal officer (990 for 2023)
MARY CLEMENTS, 3730 Richfield Lance, Salem, VA 24153
Signed the 990
MARY CLEMENTS, CFO
Phone
(540) 380-4500
Return prepared by
Forvis Mazars LLP

Mission

TO PROVIDE INDEPENDENT, AFFORDABLE, HIGH-QUALITY HOUSING AND RELATED AMENITIES AND SERVICES FOR SENIOR INDIVIDUALS AND FAMILIES OF THE GREATER ROANOKE VALLEY.

990 for the year ended September 30, 2024

Program accomplishments

  • OPERATION OF AN AFFORDABLE HOUSING COMPLEX FOR SENIOR AND DISABLED INDIVIDUALS AND FAMILIES.
    Expenses $820,294 · revenue $1,149,314

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026Not on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
26-0821403
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
2008
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,264,975
Income (IRS master file)
$1,253,444

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$1,253,444$1,125,973$2,264,975XML
990September 2023$1,239,290$1,082,958$2,232,628XML
990September 2022$1,252,864$1,154,149$2,089,924IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 26-0821403).

Questions about RIDGECREST AT RICHFIELD

What is the EIN of RIDGECREST AT RICHFIELD?
The employer identification number (EIN) of RIDGECREST AT RICHFIELD is 26-0821403.
Is RIDGECREST AT RICHFIELD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to RIDGECREST AT RICHFIELD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIDGECREST AT RICHFIELD 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 RIDGECREST AT RICHFIELD due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIDGECREST AT RICHFIELD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of RIDGECREST AT RICHFIELD?
The 990 for the year ended September 30, 2024 names MARY CLEMENTS.
Who are the officers and directors of RIDGECREST AT RICHFIELD?
The 990 for the year ended September 30, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does RIDGECREST AT RICHFIELD have?
On its 990 for the year ended September 30, 2024 it reported revenue of $1,253,444, expenses of $1,125,973 and total assets of $2,264,975 at year end.

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