Nonprofit · EIN 31-1654033
BETH SHOLOM TERRACE
Tax-exempt · VIRGINIA BCH, VA 23462
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $310,000 | $416,431 | -$106,431 | $3,400,000 | $0 | $3,400,000 |
| June 30, 2024 | 990 | $7,700,142 | $570,804 | $7,129,338 | $3,511,203 | $4,772 | $3,506,431 |
| June 30, 2023 | 990 | $549,664 | $482,612 | $67,052 | $3,126,314 | $6,749,221 | -$3,622,907 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $310,000
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $410,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $410,000
- Management and general (functional)
- $6,431
Balance sheet and other
- Total assets, start of year
- $3,511,203
- Total assets, end of year
- $3,400,000
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,400,000
- Net assets without donor restrictions
- $3,400,000
- Gross receipts
- $310,000
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2002
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nathan Drory | President Trustee or director, Officer | 1 | $0 |
| Matthew Weinstein | Vice President Trustee or director, Officer | 1 | $0 |
| Pam Guthrie | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| David Abraham | CEO Officer | 5 | $0 | $353,970 | $49,645 |
| Kimberley Allsbrook | SVP of Ops and Finance | 5 | $0 | $263,098 | $36,035 |
| Lauren Schoenfeld | VP of Admin | 0 | $0 | $165,528 | $6,266 |
| Amy Weinstein | Philanthropy Dir | 0 | $0 | $147,285 | $12,144 |
| Allison Whiteman | Administrator | 0 | $0 | $118,444 | $11,880 |
| Nathan Drory | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Matthew Weinstein | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Pam Guthrie | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| David Abraham | President & CEO Officer | 5 | $0 | $352,133 | $33,430 |
| Kimberley Allsbrook | CFO Officer | 5 | $0 | $245,787 | $25,739 |
| Brandy Lovitz | DON | 0 | $0 | $148,676 | $5,717 |
| Allison Whiteman | Administrator | 0 | $0 | $115,945 | $12,826 |
| Andrea Karig | Administrator | 0 | $0 | $112,565 | $12,904 |
| Amy Weinstein | Philanthropy Dir | 0 | $0 | $111,430 | $12,395 |
| Robert Lansing | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Judith Rosenberg | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Pam Guthrie | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Lawrence Siegel | Director Trustee or director | 1 | $0 | $0 | $0 |
| Bill Halprin | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jay Kossman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Fay Silverman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Bill Wagner | Director Trustee or director | 1 | $0 | $0 | $0 |
| Robert Zuckerman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Matthew Weinstein | Director Trustee or director | 1 | $0 | $0 | $0 |
| Edie Schlain | Director Trustee or director | 1 | $0 | $0 | $0 |
| Josh Adler | Director Trustee or director | 1 | $0 | $0 | $0 |
| Dr David Lannik | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mary Prendergast | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sara Jo Rubin | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jason Hoffman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Nancy Loewenberg | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mark Delevie | Director Trustee or director | 1 | $0 | $0 | $0 |
| Lawrence Steingold | Director Trustee or director | 1 | $0 | $0 | $0 |
| Abby Friedman | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5000 CORPORATE WOODS DR STE 500, VIRGINIA BCH, VA 23462-4259
- Principal officer (990 for 2024)
- Nathan Drory, 5000 Corporate Woods Drive 500, Virginia Beach, VA 23462
- Signed the 990
- Nathan Drory, President
- Phone
- (757) 420-2512
- Return prepared by
- KSP TAX ADVISORS
Mission
To provide housing and care for the elderly.
Program accomplishments
- Beth Sholom Terrace, a Virginia non-profit corporation, was organized in 2002 for the purpose of operating a 72-unit assisted living facility for the elderly in Virginia Beach, Virginia under Section 202 of the National Housing Act, as regulated by HUD. During 2024, the Terrace was sold and the entity is in the process of winding down operations upon repayment of the seller note.Expenses $410,000 · grants $410,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1654033
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $3,400,000
- Income (IRS master file)
- $310,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $310,000 | $416,431 | $3,400,000 | IRS |
| 990 | June 2024 | $7,700,142 | $570,804 | $3,511,203 | IRS |
| 990 | June 2023 | $549,664 | $482,612 | $3,126,314 | XML |
| 990 | June 2022 | $523,186 | $525,871 | $3,273,228 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 31-1654033).
Questions about BETH SHOLOM TERRACE
- What is the EIN of BETH SHOLOM TERRACE?
- The employer identification number (EIN) of BETH SHOLOM TERRACE is 31-1654033.
- Is BETH SHOLOM TERRACE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to BETH SHOLOM TERRACE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BETH SHOLOM TERRACE 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 BETH SHOLOM TERRACE 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 BETH SHOLOM TERRACE 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 BETH SHOLOM TERRACE?
- The 990 for the year ended June 30, 2025 names Nathan Drory.
- Who are the officers and directors of BETH SHOLOM TERRACE?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does BETH SHOLOM TERRACE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $310,000, expenses of $416,431 and total assets of $3,400,000 at year end.
Other nonprofits in VIRGINIA BCH
- SAMARITAN HOUSE INC EIN 54-1291021 · last filed 990 for 2025
- JUDEO-CHRISTIAN OUTREACH CENTER INC EIN 54-1417126 · last filed 990 for 2025
- HAMPTON ROADS RESIDENTIAL SERVICES INC EIN 46-5146603 · last filed 990 for 2025
- VETSHOUSE INCORPORATED EIN 54-1629481
- OUTREACH FOR CHRIST INC EIN 54-1006569 · last filed 990 for 2024
- TRANSGENDER ASSISTANCE PROGRAM OF VIRGINIA EIN 47-4938459 · last filed 990-EZ for 2025
- FAITH WORKS COALITION INC EIN 30-0459321 · last filed 990-EZ for 2025
- CHILD CARE MITYANA EIN 92-2403888 · last filed 990-PF for 2024
All nonprofits in VIRGINIA BCH · Virginia · Housing and shelter