Nonprofit · EIN 58-1563544
ALDERSGATE II INC
Tax-exempt · GREENSBORO, NC 27407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $418,303 | $426,549 | -$8,246 | $2,350,517 | $2,041,045 | $309,472 |
| December 31, 2023 | 990 | $380,975 | $381,790 | -$815 | $2,394,803 | $2,077,085 | $317,718 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $251,465
- of which government grants
- $251,465
- Program service revenue
- $134,750
- Investment income
- $3,153
- Other revenue
- $28,935
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,081
- Accounting fees
- $5,000
- Occupancy
- $125,637
- Depreciation
- $84,531
- Program services (functional)
- $419,278
- Management and general (functional)
- $7,271
Balance sheet and other
- Total assets, start of year
- $2,394,803
- Total assets, end of year
- $2,350,517
- Total liabilities, end of year
- $2,041,045
- Net assets, end of year
- $309,472
- Land, buildings and equipment
- $1,342,356
- Net assets without donor restrictions
- $309,472
- Gross receipts
- $418,303
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1984
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY PROCTOR | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| VANCE WHICKER | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| HAROLD PROCTOR | TREASURER Trustee or director, Officer | 1 | $0 |
| LEWIS MOORE | SECRETARY Trustee or director, Officer | 1 | $0 |
| DON VENABLE | DIRECTOR Trustee or director | 1 | $0 |
| BEN BROTHERS | DIRECTOR Trustee or director | 1 | $0 |
| REV SUSAN HOYLE | DIRECTOR Trustee or director | 1 | $0 |
| JAMIE LOCKHART | DIRECTOR Trustee or director | 1 | $0 |
| MARY BETH PAGE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY PROCTOR | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| VANCE WHICKER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| HAROLD PROCTOR | TREASURER Trustee or director, Officer | 1 | $0 |
| LEW MOORE | SECRETARY Trustee or director, Officer | 1 | $0 |
| DON VENABLE | DIRECTOR Trustee or director | 1 | $0 |
| BEN BROTHERS | DIRECTOR Trustee or director | 1 | $0 |
| REV SUSAN HOYLE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2608 MERRITT DR, GREENSBORO, NC 27407-5612
- In care of
- % GREATER GREENSBORO HOUSING
- Principal officer (990 for 2024)
- LEWIS MOORE, 2608 MERRITT DRIVE, GREENSBORO, NC 27407
- Signed the 990
- LEWIS MOORE, SECRETARY
- Phone
- (336) 544-2300
- Return prepared by
- BERNARD ROBINSON & COMPANY LLP
Mission
TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS IN THE GREENSBORO, NC AREA.
Program accomplishments
- TO OPERATE A 40-UNIT APARTMENT COMPLEX FOR THE ELDERLY IN GREENSBORO, NC, UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE PROJECT IS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") AS TO RENTAL RATES AND OPERATING METHODS. ADDITIONALLY, UNITS IN THE PROJECT ARE COVERED UNDER A HOUSING ASSISTANCE PAYMENTS CONTRACT WITH HUD AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.Expenses $419,278 · revenue $163,685
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 | Not 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
- 58-1563544
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $2,350,517
- Income (IRS master file)
- $418,303
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $418,303 | $426,549 | $2,350,517 | XML |
| 990 | December 2023 | $380,975 | $381,790 | $2,394,803 | XML |
| 990 | December 2022 | $367,497 | $428,863 | $2,435,314 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 58-1563544).
Questions about ALDERSGATE II INC
- What is the EIN of ALDERSGATE II INC?
- The employer identification number (EIN) of ALDERSGATE II INC is 58-1563544.
- Is ALDERSGATE II INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to ALDERSGATE II INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALDERSGATE II 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 ALDERSGATE II 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 ALDERSGATE II 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 ALDERSGATE II INC?
- The 990 for the year ended December 31, 2024 names LEWIS MOORE.
- Who are the officers and directors of ALDERSGATE II INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does ALDERSGATE II INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $418,303, expenses of $426,549 and total assets of $2,350,517 at year end.
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