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Nonprofit · EIN 31-1519694

RUSH HOMES INC

Tax-exempt · LYNCHBURG, VA 24503

Financials

$1.1M$768K2023$1.7M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of RUSH HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$1,661,026$1,110,731$550,295$9,989,612$7,163,436$2,826,176
December 31, 2023990 (amended)$1,055,133$768,320$286,813$5,039,031$2,892,385$2,146,646
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$726,720
Program service revenue
$551,096
Investment income
$178,164
Net rental income
$202,290
Net gain from sales of assets
$139,351
Other revenue
$205,046

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$96,289
Other salaries and wages
$426,064
Salaries, compensation and benefits (total)
$630,642
Professional fundraising fees
$0
Accounting fees
$4,500
Occupancy
$22,419
Travel
$5,554
Depreciation
$68,847
Program services (functional)
$728,154
Management and general (functional)
$205,925
Fundraising (functional)
$176,652

Balance sheet and other

Total assets, start of year
$5,039,031
Total assets, end of year
$9,989,612
Total liabilities, end of year
$7,163,436
Net assets, end of year
$2,826,176
Land, buildings and equipment
$735,962
Net assets without donor restrictions
$2,593,681
Net assets with donor restrictions
$232,495
Gross receipts
$1,711,675
Employees
12
Volunteers
73
Year formed
1996
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TRACEY BALLAGHEXECUTIVE DIRECTOR
Key employee
40$86,872$9,417
NICK PONTIUSDIRECTOR
Trustee or director
1$0$0
CATHIE JOSEPHDIRECTOR
Trustee or director
1$0$0
JAMES COLEMANVICE PRESIDENT
Trustee or director, Officer
1$0$0
MARI SMALLSHAWPRESIDENT
Trustee or director, Officer
1$0$0
STEVE SMALLSHAWSECRETARY
Trustee or director, Officer
1$0$0
ROBIN FOUTZDIRECTOR
Trustee or director
1$0$0
MICHAEL DOUCETTEDIRECTOR
Trustee or director
1$0$0
MARC CORBETTDIRECTOR
Trustee or director
1$0$0
BILL SANFORDTREASURER
Trustee or director, Officer
1$0$0
JENNIFER WOOFTERDIRECTOR
Trustee or director
1$0$0
DAVID SCHWARTZDIRECTOR
Trustee or director
1$0$0
ASHLEY HILBISHDIRECTOR
Trustee or director
1$0$0
WALTER VIRGILDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
TRACEY BALLAGHEXECUTIVE DIRECTOR
Key employee
40$58,438$7,602
LISA SANDVIGDIRECTOR
Trustee or director
1$0$0
NICK PONTIUSDIRECTOR
Trustee or director, Officer
1$0$0
ANDREA MILLERPRESIDENT
Trustee or director, Officer
1$0$0
MIKE GILLETTEDIRECTOR
Trustee or director
1$0$0
ANTHONY BECKLESTREASURER
Trustee or director, Officer
1$0$0
JAMES COLEMANDIRECTOR
Trustee or director
1$0$0
MARI SMALLSHAWSECRETARY
Trustee or director, Officer
1$0$0
STEVE SMALLSHAWDIRECTOR
Trustee or director
1$0$0
JACQUELINE GLANZDIRECTOR
Trustee or director
1$0$0
ANDREW BLANKSVICE PRESIDENT
Trustee or director
1$0$0
MARC CORBETTDIRECTOR
Trustee or director
1$0$0
BILL SANFORDDIRECTOR
Trustee or director
1$0$0
BRIAN JABLONSKIDIRECTOR
Trustee or director
1$0$0
DAVID SCHWARTZDIRECTOR
Trustee or director
1$0$0
ASHLEY HILBISHDIRECTOR
Trustee or director
1$0$0
MICKY FERGUSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 3305, LYNCHBURG, VA 24503-0305
Principal officer (990 for 2024)
TRACEY BALLAGH, 1721 MONSVIEW PLACE, LYNCHBURG, VA 24504
Signed the 990
TRACEY BALLAGH, EXECUTIVE DIRECTOR
Phone
(434) 455-2120
Return prepared by
DAVIDSON DOYLE & HILTON LLP

Mission

TO CREATE AFFORDABLE HOUSING IN THE LYNCHBURG REGION FOR LOW-INCOME FAMILIES WITH DISABILITIES THROUGH DEVELOPMENT, ADVOCACY, AND SUPPORT.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PURCHASE, DEVELOP AND MAINTAIN HOMES FOR ADULTS WITH MENTAL AND PHYSICAL DISABILITIES.
    Expenses $728,154 · revenue $934,306

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
31-1519694
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,989,612
Income (IRS master file)
$1,711,675

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,661,026$1,110,731$9,989,612XML
990December 2023$1,055,133$768,320$5,039,031XML
990December 2022$862,448$693,336$6,591,589IRS
990December 2021–––IRS
990December 2020–––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 31-1519694).

Questions about RUSH HOMES INC

What is the EIN of RUSH HOMES INC?
The employer identification number (EIN) of RUSH HOMES INC is 31-1519694.
Is RUSH HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to RUSH HOMES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RUSH HOMES 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 RUSH HOMES 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 RUSH HOMES 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 RUSH HOMES INC?
The 990 for the year ended December 31, 2024 names TRACEY BALLAGH.
Who are the officers and directors of RUSH HOMES INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $86,872 (TRACEY BALLAGH, EXECUTIVE DIRECTOR).
How much revenue does RUSH HOMES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,661,026, expenses of $1,110,731 and total assets of $9,989,612 at year end.

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