Nonprofit · EIN 85-0637894
RIDGELY SENIOR CARE CORP
Tax-exempt · ROANOKE, VA 24012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $690,671 | $64,256 | $626,415 | $16,125,253 | $0 | $16,125,253 |
| December 31, 2023 | 990 | $16,493 | $144,612 | -$128,119 | $15,548,838 | $50,000 | $15,498,838 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $690,671
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,757
- Accounting fees
- $12,520
- Program services (functional)
- $46,257
- Management and general (functional)
- $17,999
Balance sheet and other
- Total assets, start of year
- $15,548,838
- Total assets, end of year
- $16,125,253
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,125,253
- Publicly traded securities
- $16,123,882
- Net assets without donor restrictions
- $16,125,253
- Gross receipts
- $690,671
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES HENRY SMITH UNTIL 1224 | CHAIR Trustee or director, Officer | 1 | $0 |
| THOMAS L REGNELL UNTIL 1224 | SECRETARY Trustee or director, Officer | 1 | $0 |
| DONALD CALLOWAY UNTIL 1224 | TREASURER Trustee or director, Officer | 1 | $0 |
| ROBERT C LAWSON FROM 1224 | CHAIR Trustee or director, Officer | 0 | $0 |
| KATHYRN K OELSCHLAGER FROM 1224 | VICE-CHAIR Trustee or director, Officer | 0 | $0 |
| NATHANIEL L BISHOP FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| GLEN C COMBS FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| EDWIN R FEINOUR FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| GREGORY W FELDMANN FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| DR LUCIAN GROVE JR FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| DR CYNDA A JOHNSON FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT H SANDEL FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
| PAUL NESTER FROM 1224 | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES HENRY SMITH | CHAIRMAN & D Trustee or director, Officer | 1 | $0 |
| THOMAS L REGNELL | SECRETARY & Trustee or director, Officer | 1 | $0 |
| DONALD CALLOWAY | TREASURER & Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 367 HERSHBERGER RD, ROANOKE, VA 24012-1983
- In care of
- % CHARLES HENRY SMITH
- Principal officer (990 for 2024)
- C MICHAEL SHANNON, 367 HERSHBERGER ROAD, ROANOKE, VA 24012
- Signed the 990
- C MICHAEL SHANNON, CFO
- Phone
- (540) 265-2177
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
RIDGELY SENIOR CARE CORPORATION WAS ESTABLISHED TO DISTRIBUTE THE ACCRUED RENOVATION RESERVES OF THE FORMER TEMPLE FOUNDATION INC. WHICH HAD OPERATED A SENIOR LIVING FACILITY. THESE RESERVES WERE TO GO TO CHARITABLE ORGANIZATIONS THAT ARE ACTIVE IN PROVIDING COMMUNITY SERVICES THAT SUPPORT AND ENHANCE THE QUALITY OF LIFE FOR OLDER ADULTS AND THE COMMUNITY AT LARGE TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES FOR WHICH IT WAS ORGANIZED.
Program accomplishments
- THE ORGANIZATION WAS FUNDED ON DECEMBER 30, 2020 WHEN THE TRANSFER OF ASSETS OCCURED. SINCE THAT TIME, THE ORGANIZATION HAS SPENT TIME IDENTIFYING AND REVIEWING PLANS FROM VARIOUS CONTINUING CARE RETIREMENT COMMUNITIES SEEKING FUNDS.THE ORGANIZATION HAS IDENTIFIED A RECIPIENT FOR THE FUNDING AND THE TRANSACTION WAS COMPLETED IN 2024.Expenses $46,257
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
- 85-0637894
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P75)
- Assets (IRS master file)
- $16,125,253
- Income (IRS master file)
- $690,671
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $690,671 | $64,256 | $16,125,253 | IRS |
| 990 | December 2023 | $16,493 | $144,612 | $15,548,838 | XML |
| 990 | December 2022 | -$150,160 | $105,635 | $14,914,305 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-0637894).
Questions about RIDGELY SENIOR CARE CORP
- What is the EIN of RIDGELY SENIOR CARE CORP?
- The employer identification number (EIN) of RIDGELY SENIOR CARE CORP is 85-0637894.
- Is RIDGELY SENIOR CARE CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to RIDGELY SENIOR CARE CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIDGELY SENIOR CARE CORP 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 RIDGELY SENIOR CARE CORP 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 RIDGELY SENIOR CARE CORP 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 RIDGELY SENIOR CARE CORP?
- The 990 for the year ended December 31, 2024 names C MICHAEL SHANNON.
- Who are the officers and directors of RIDGELY SENIOR CARE CORP?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does RIDGELY SENIOR CARE CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $690,671, expenses of $64,256 and total assets of $16,125,253 at year end.
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