Nonprofit · EIN 35-1445392
SHOALS SENIOR HOUSING INC
Tax-exempt · SHOALS, IN 47581
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $193,896 | $132,441 | $61,455 | $628,383 | $150,081 | $478,302 |
| December 31, 2024 | 990 | $168,267 | $143,279 | $24,988 | $592,162 | $175,315 | $416,847 |
| December 31, 2023 | 990 | $156,875 | $148,021 | $8,854 | $588,105 | $196,246 | $391,859 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $193,795
- Investment income
- $101
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $10,200
- Salaries, compensation and benefits (total)
- $10,200
- Professional fundraising fees
- $0
- Accounting fees
- $800
- Occupancy
- $28,218
- Depreciation
- $30,791
- Program services (functional)
- $122,241
- Management and general (functional)
- $10,200
Balance sheet and other
- Total assets, start of year
- $592,162
- Total assets, end of year
- $628,383
- Total liabilities, end of year
- $150,081
- Net assets, end of year
- $478,302
- Land, buildings and equipment
- $444,780
- Net assets without donor restrictions
- $478,302
- Gross receipts
- $193,896
- Employees
- 0
- Year formed
- 1973
- State of legal domicile
- IN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBIE ABEL | SECRETARY Officer | 30 | $10,200 |
| TONY ABEL | MEMBER Trustee or director | – | $0 |
| SHERYL OGG | VICE PRESIDE Trustee or director | – | $0 |
| CECIL RAGSDALE | PRESIDENT Officer | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBIE ABEL | SECRETARY Officer | 30 | $11,050 |
| TONY ABEL | MEMBER Trustee or director | – | $0 |
| SHERYL OGG | VICE PRESIDE Trustee or director | – | $0 |
| CECIL RAGSDALE | PRESIDENT Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bobbie Abel | Secretary Officer | 30 | $9,350 |
| Dick Cresgy | President Officer | 1 | $0 |
| Cecil Ragsdale | Vice President Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 172, SHOALS, IN 47581-0172
- Principal officer (990 for 2025)
- CECIL RAGSDALE, PO BOX 172, SHOALS, IN 47581
- Signed the 990
- CECIL RAGSDALE, PRESIDENT
- Phone
- (812) 296-1563
- Return prepared by
- STOLL & GRABER CPAS LLC
Mission
PROVIDE SUBSIDIZED HOUSING FOR SENIOR CITIZENS OF SHOALS INDIANA AREA.
Program accomplishments
- PROVIDE SUBSIDIZED HOUSING FOR SENIOR CITIZENS OF SHOALS INDIANA AREA.Expenses $122,241 · revenue $193,795
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1445392
- 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
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L220)
- Assets (IRS master file)
- $628,383
- Income (IRS master file)
- $193,896
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $193,896 | $132,441 | $628,383 | XML |
| 990 | December 2024 | $168,267 | $143,279 | $592,162 | XML |
| 990 | December 2023 | $156,875 | $148,021 | $588,105 | XML |
| 990 | December 2022 | $138,322 | $135,971 | $600,770 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 35-1445392).
Questions about SHOALS SENIOR HOUSING INC
- What is the EIN of SHOALS SENIOR HOUSING INC?
- The employer identification number (EIN) of SHOALS SENIOR HOUSING INC is 35-1445392.
- Is SHOALS SENIOR HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to SHOALS SENIOR HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHOALS SENIOR HOUSING 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 SHOALS SENIOR HOUSING INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHOALS SENIOR HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SHOALS SENIOR HOUSING INC?
- The 990 for the year ended December 31, 2025 names CECIL RAGSDALE.
- Who are the officers and directors of SHOALS SENIOR HOUSING INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $10,200 (BOBBIE ABEL, SECRETARY).
- How much revenue does SHOALS SENIOR HOUSING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $193,896, expenses of $132,441 and total assets of $628,383 at year end.
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