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Nonprofit · EIN 62-0630670

ASBURY INC

Tax-exempt · FREDERICK, MD 21703

Financials

$4.7M$02024
Revenue Expenses · by fiscal year end
Financials of ASBURY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,663,273$0$4,663,273$1,205,468$3,691,095-$2,485,627
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,663,273
of which government grants
$4,663,273
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$17,670,573
Total assets, end of year
$1,205,468
Total liabilities, end of year
$3,691,095
Net assets, end of year
-$2,485,627
Net assets without donor restrictions
-$2,485,627
Gross receipts
$12,163,273
Employees
0
Volunteers
0
Year formed
1956
State of legal domicile
TN

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 / weekCompensationFrom related orgsOther / benefits
DOUG LEIDIGDIRECTOR/ACOMM CEO
Trustee or director
2$0$1,372,281$38,911
ANDREW JEANNERETTREASURER
Officer
1$0$706,567$37,011
ANDREW JOSEPHSECRETARY
Officer
1$0$519,805$26,880
MELISSA FURYASST. SECRETARY
Officer
1$0$322,952$11,603
RICHARD SHUMANDIRECTOR
Trustee or director
2$0$6,600$0
NELLIE WARD COLECHAIR/PRESIDENT
Trustee or director, Officer
2$0$0$0
VICKIE HARRISDIRECTOR
Trustee or director
2$0$0$0
BOB MCCOLLUMDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
5285 WESTVIEW DR STE 200, FREDERICK, MD 21703-8521
Principal officer (990 for 2024)
DOUG LEIDIG, 5285 WESTVIEW DRIVE 200, FREDERICK, MD 21703
Signed the 990
ANDREW JEANNERET, TREASURER
Phone
(865) 238-8300
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

OUR MISSION IS EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY AND GRACE.

990 for the year ended December 31, 2024

Program accomplishments

  • SUBSTANTIALLY ALL ASSETS OF ASBURY PLACE WERE SOLD ON JANUARY 1, 2024. OPERATIONS CEASED AFTER THE SALE. PRIOR TO THE SALE, ASBURY PLACE OPERATED SKILLED NURSING, RESIDENTIAL LIVING, AND ASSISTED LIVING FACILITIES.0

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
62-0630670
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
1961
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$1,205,468
Income (IRS master file)
$12,163,273

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$28,692,615$44,286,520$17,670,573IRS
990December 2022$30,099,366$45,732,769$66,660,803IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ASBURY INC

What is the EIN of ASBURY INC?
The employer identification number (EIN) of ASBURY INC is 62-0630670.
Is ASBURY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to ASBURY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASBURY 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 ASBURY 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 ASBURY 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 ASBURY INC?
The 990 for the year ended December 31, 2024 names DOUG LEIDIG.
Who are the officers and directors of ASBURY INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does ASBURY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,663,273, expenses of $0 and total assets of $1,205,468 at year end.

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