Nonprofit · EIN 59-3231262
SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC
Also known as SAIL
Tax-exempt · OCALA, FL 34476
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $166,114 | $204,528 | -$38,414 | $543,454 | $0 | $543,454 |
| September 30, 2024 | 990 | $172,240 | $166,870 | $5,370 | $581,868 | $0 | $581,868 |
| September 30, 2023 | 990 | $145,984 | $167,689 | -$21,705 | $578,022 | $1,524 | $576,498 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $146,217
- Investment income
- $19,103
- Net gain from sales of assets
- $283
- Other revenue
- $794
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,230
- Occupancy
- $123,826
- Travel
- $4,698
- Depreciation
- $10,315
- Program services (functional)
- $144,600
- Management and general (functional)
- $59,928
Balance sheet and other
- Total assets, start of year
- $581,868
- Total assets, end of year
- $543,454
- Total liabilities, end of year
- $0
- Net assets, end of year
- $543,454
- Land, buildings and equipment
- $136,949
- Publicly traded securities
- $390,287
- Net assets without donor restrictions
- $543,454
- Gross receipts
- $171,239
- Employees
- 0
- Year formed
- 1995
- State of legal domicile
- FL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE CARROLL | VICE-PRESIDE Trustee or director, Officer | 20 | $9,690 |
| GAYLE CARROLL | PRES./TRES./ Trustee or director, Officer | 20 | $0 |
| PAM EDWARDS | BOARD MEMBER Trustee or director | 0.25 | $0 |
| NORMA HANNAN | BOARD MEMBER Trustee or director | 0.25 | $0 |
| MICHAEL O'CONNOR | BOARD MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended September 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS ADAIR | BOARD MEMBER Trustee or director | – | $0 |
| GAYLE CARROLL | TREASURER Trustee or director, Officer | – | $0 |
| STEVE CARROLL | ROARD MEMBER Trustee or director | – | $0 |
| CHARLIE DEMENZES | PRESIDENT Trustee or director, Officer | – | $0 |
| PAM EDWARDS | BOARD MEMBER Trustee or director | – | $0 |
| BETTY GAUL | VICE PRESIDE Trustee or director, Officer | – | $0 |
| NORMA HANNAN | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL O'CONNOR | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS ADAIR | BOARD MEMBER Trustee or director | – | $0 |
| GAYLE CARROLL | TREASURER Trustee or director, Officer | – | $0 |
| STEVE CARROLL | ROARD MEMBER Trustee or director | – | $0 |
| CHARLIE DEMENZES | PRESIDENT Trustee or director, Officer | – | $0 |
| PAM EDWARDS | BOARD MEMBER Trustee or director | – | $0 |
| BETTY GAUL | VICE PRESIDE Trustee or director, Officer | – | $0 |
| NORMA HANNAN | BOARD MEMBER Trustee or director | – | $0 |
| ALINE KLEIN | BOARD MEMBER Trustee or director | – | $0 |
| MICHAEL O'CONNOR | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 8660 SW 27TH AVENUE, OCALA, FL 34476-6557
- Principal officer (990 for 2024)
- GAYLE CARROLL, 6791 EASY STREET, OCALA, FL 34472
- Signed the 990
- GAYLE CARROLL, PRES./TRES./SECR.
- Phone
- (352) 873-1117
- Website
- WWW.SHADYACRESFL.ORG
- Return prepared by
- CRIPPEN & CO
Mission
TO PROVIDE SUBSIDIZED HOUSING FOR THE EXPRESS PURPOSE OF FOSTERING LOW AND VERY LOW INCOME MENTALLY HANDICAPPED ADULTS A LIFESTYLE OF RESPONSIBILITY AND INDEPENDENCE.
Program accomplishments
- TO PROVIDE SUBSIDIZED HOUSING FOR THE EXPRESS PURPOSE OF FOSTERING LOW AND VERY LOW INCOME MENTALLY HANDICAPPED ADULTS A LIFESTYLE OF RESPONSIBILITY AND INDEPENDENCE.Expenses $144,600
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 59-3231262
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $543,454
- Income (IRS master file)
- $171,239
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $166,114 | $204,528 | $543,454 | IRS |
| 990 | September 2024 | $172,240 | $166,870 | $581,868 | XML |
| 990 | September 2023 | $145,984 | $167,689 | $578,022 | XML |
| 990 | September 2022 | $69,593 | $176,266 | $745,718 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 59-3231262).
Questions about SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC
- What is the EIN of SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC?
- The employer identification number (EIN) of SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC is 59-3231262.
- Is SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS 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 SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC?
- The 990 for the year ended September 30, 2025 names GAYLE CARROLL.
- Who are the officers and directors of SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC?
- The 990 for the year ended September 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $9,690 (STEVE CARROLL, VICE-PRESIDE).
- How much revenue does SHADY ACRES INDEPENDENT LIVING FOR MENTALLY CHALLENGED ADULTS INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $166,114, expenses of $204,528 and total assets of $543,454 at year end.
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