Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 51-0246882

THE RUSSELL HOUSE INC

Tax-exempt · ROANOKE, VA 24019

Financials

$1.4M$1.2M2023$1.4M$1.2M2024$1.9M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of THE RUSSELL HOUSE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,945,048$1,300,975$644,073$4,608,448$2,557,661$2,050,787
December 31, 2024990$1,439,874$1,174,540$265,334$3,981,137$2,574,423$1,406,714
December 31, 2023990$1,383,452$1,224,631$158,821$3,828,882$2,685,504$1,143,378
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,430,141
of which government grants
$1,430,141
Program service revenue
$504,809
Investment income
$11,293
Net income from fundraising events
-$1,195
Other revenue
-$1,195

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$309,843
Salaries, compensation and benefits (total)
$353,384
Professional fundraising fees
$0
Legal fees
$395
Accounting fees
$14,000
Travel
$2,362
Depreciation
$181,223
Program services (functional)
$1,112,659
Management and general (functional)
$188,316

Balance sheet and other

Total assets, start of year
$3,981,137
Total assets, end of year
$4,608,448
Total liabilities, end of year
$2,557,661
Net assets, end of year
$2,050,787
Land, buildings and equipment
$2,501,172
Net assets without donor restrictions
$2,050,787
Gross receipts
$1,946,743
Employees
7
Volunteers
0
Year formed
1978
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY BETCHERDIRECTOR
Trustee or director, Officer
0.3$0
MICHAEL T ANDERSPRESIDENT
Trustee or director, Officer
0.3$0
MONIQUE DOUTRETREASURER
Trustee or director, Officer
0.3$0
BEVERLY BETCHERSECRETARY
Trustee or director, Officer
0.3$0
BONNIE ETHRIDGEDIRECTOR
Trustee or director
0.3$0
DENISE STOLLEDIRECTOR
Trustee or director
0.3$0
ANGELA TONEYDIRECTOR
Trustee or director
0.3$0
MARK TONEYDIRECTOR
Trustee or director
0.3$0
CHARLIE HURDDIRECTOR
Trustee or director
0.3$0
ROSANN BARRETTDIRECTOR
Trustee or director
0.3$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
BONNIE ETHRIDGEDIRECTOR
Trustee or director
0.3$0
DENISE STOLLEDIRECTOR
Trustee or director
0.3$0
ANGELA TONEYDIRECTOR
Trustee or director
0.3$0
MONIQUE DOUTRETREASURER
Trustee or director, Officer
0.3$0
MARK TONEYDIRECTOR
Trustee or director
0.3$0
MICHAEL T ANDRESVICE PRESIDENT
Trustee or director, Officer
0.3$0
BEVERLY BETCHERSECRETARY
Trustee or director, Officer
0.3$0
JEFFREY BETCHERPRESIDENT
Trustee or director, Officer
0.3$0
CHARLIE HURDDIRECTOR
Trustee or director
0.3$0
ROSANN BARRETTDIRECTOR
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
BONNIE ETHRIDGEDIRECTOR
Trustee or director
–$0
ALICE HORNDIRECTOR
Trustee or director
–$0
BILL REIDDIRECTOR
Trustee or director
–$0
DENISE STOLLEDIRECTOR
Trustee or director
–$0
ANGELA TONEYDIRECTOR
Trustee or director
–$0
MARK TONEYDIRECTOR
Trustee or director
–$0
MICHAEL T ANDERSVICE PRESIDE
Officer
–$0
BEVERLY BETCHERSECRETARY
Officer
–$0
JEFFREY BETCHERPRESIDENT
Officer
–$0
KATHLEEN DONOGHUETREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
3333 PETERS CREEK RD NW, ROANOKE, VA 24019-2719
In care of
% JAMES R RIESS
Principal officer (990 for 2025)
MICHAEL T ANDERS, 900 1ST COLONIAL RD, VIRGINIA BEACH, VA 23454
Signed the 990
MICHAEL T ANDERS, PRESIDENT
Phone
(540) 563-4565
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

THE ORGANIZATION OPERATES AN APARTMENT PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSEING ACT FOR THE PURPOSE OF PROVIDING HOUSING FOR ELDERLY AND DISABLED PERSONS POSSESSING LIMITED FINANCIAL RESOURCES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE RUSSELL HOUSE, INC., A VIRGINIA NON-PROFIT CORPORATION WAS ORGANIZED IN 1979 TO CONSTRUCT AND OPERATE A 119 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VIRGINIA BEACH, VA UNDER SECTION 202 OF THE NATIONAL HOUSE ACT WITH SECTION 8 RENTAL ASSISTANCE FROM HUD.
    Expenses $1,112,659 · revenue $504,809

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0246882
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
Assets (IRS master file)
$4,608,448
Income (IRS master file)
$1,946,743

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,945,048$1,300,975$4,608,448XML
990December 2024$1,439,874$1,174,540$3,981,137XML
990December 2023$1,383,452$1,224,631$3,828,882XML
990December 2022$1,288,584$1,087,551$3,776,963IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 51-0246882).

Questions about THE RUSSELL HOUSE INC

What is the EIN of THE RUSSELL HOUSE INC?
The employer identification number (EIN) of THE RUSSELL HOUSE INC is 51-0246882.
Is THE RUSSELL HOUSE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to THE RUSSELL HOUSE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE RUSSELL HOUSE 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 THE RUSSELL HOUSE 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 THE RUSSELL HOUSE 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 THE RUSSELL HOUSE INC?
The 990 for the year ended December 31, 2025 names MICHAEL T ANDERS.
Who are the officers and directors of THE RUSSELL HOUSE INC?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does THE RUSSELL HOUSE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,945,048, expenses of $1,300,975 and total assets of $4,608,448 at year end.

Other nonprofits in ROANOKE

All nonprofits in ROANOKE · Virginia · Housing and shelter