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Nonprofit · EIN 61-1340533

LIBERTY RIDGE SENIOR LIVING INC

Tax-exempt · LEXINGTON, KY 40509

Financials

$2.4M$2.8M2023$133K$330K2024
Revenue Expenses · by fiscal year end
Financials of LIBERTY RIDGE SENIOR LIVING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$132,916$329,829-$196,913$10,983,113$11,028,623-$45,510
December 31, 2023990$2,438,078$2,781,826-$343,748$11,456,223$11,304,820$151,403
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$16,371
Net rental income
$99,602
Other revenue
$116,545

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$79,700
Accounting fees
$875
Depreciation
$2,395
Program services (functional)
$235,140
Management and general (functional)
$94,689

Balance sheet and other

Total assets, start of year
$11,456,223
Total assets, end of year
$10,983,113
Total liabilities, end of year
$11,028,623
Net assets, end of year
-$45,510
Land, buildings and equipment
$10,213,624
Gross receipts
$608,314
Employees
0
Volunteers
14
Year formed
1999
State of legal domicile
KY

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.

NameTitleHours / weekCompensation
KYLE LEETRUSTEE/CHAIRMAN
Trustee or director, Officer
0.5$0
CLEDA FLENERTRUSTEE/SECRETARY
Trustee or director, Officer
0$0
ROB KESPELHERTRUSTEE
Trustee or director
0.5$0
PATSY DUAGHERTYTRUSTEE
Trustee or director
0.5$0
PHIL LAMBERTTRUSTEE
Trustee or director
0.5$0
JOHN LAWRENCETRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
TERRI SCHNEIDERCOMMUNITY DIRECTOR
Key employee
40$72,084
KYLE LEETRUSTEE/CHAIRMAN
Trustee or director, Officer
0.5$0
CLEDA FLENERTRUSTEE/SECRETARY
Trustee or director, Officer
0$0
ROB KESPELHERTRUSTEE
Trustee or director
0.5$0
PATSY DUAGHERTYTRUSTEE
Trustee or director
0.5$0
PHIL LAMBERTTRUSTEE
Trustee or director
0.5$0
JOHN LAWRENCETRUSTEE
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
701 LIBERTY ROAD, LEXINGTON, KY 40509-0000
Principal officer (990 for 2024)
Kyle Lee, 701 LIBERTY RIDGE LANE, LEXINGTON, KY 40509
Signed the 990
Kyle Lee, Trustee/Chairman
Phone
(859) 543-9449
Return prepared by
THE LIVESAY GROUP PLLC

Mission

PROVIDE RESIDENTIAL HOUSING AND RELATED BASIC SERVICES TO SENIOR CITIZENS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE RESIDENTIAL HOUSING AND RELATED BASIC SERVICES TO SENIOR CITIZENS.
    Expenses $235,140 · revenue $132,916

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-1340533
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P75)
Assets (IRS master file)
$10,983,113
Income (IRS master file)
$608,314

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$132,916$329,829$10,983,113IRS
990December 2023$2,438,078$2,781,826$11,456,223XML
990December 2022$2,702,927$3,135,280$11,997,901IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 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 61-1340533).

Questions about LIBERTY RIDGE SENIOR LIVING INC

What is the EIN of LIBERTY RIDGE SENIOR LIVING INC?
The employer identification number (EIN) of LIBERTY RIDGE SENIOR LIVING INC is 61-1340533.
Is LIBERTY RIDGE SENIOR LIVING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to LIBERTY RIDGE SENIOR LIVING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIBERTY RIDGE SENIOR LIVING 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 LIBERTY RIDGE SENIOR LIVING 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 LIBERTY RIDGE SENIOR LIVING 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 LIBERTY RIDGE SENIOR LIVING INC?
The 990 for the year ended December 31, 2024 names Kyle Lee.
Who are the officers and directors of LIBERTY RIDGE SENIOR LIVING INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does LIBERTY RIDGE SENIOR LIVING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $132,916, expenses of $329,829 and total assets of $10,983,113 at year end.

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