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Nonprofit · EIN 88-0266437

SILVER SAGE MANOR INC

Tax-exempt · RENO, NV 89502

Financials

$525K$409K2023$781K$707K2024
Revenue Expenses · by fiscal year end
Financials of SILVER SAGE MANOR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$780,916$706,884$74,032$7,017,669$788,054$6,229,615
December 31, 2023990$524,520$408,794$115,726$5,598,925$90,664$5,508,261
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$564,781
Investment income
$216,135
Net gain from sales of assets
$87,658
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$129,785
Other salaries and wages
$132,240
Salaries, compensation and benefits (total)
$294,750
Professional fundraising fees
$0
Legal fees
$5,363
Accounting fees
$41,765
Occupancy
$43,623
Depreciation
$40,971
Program services (functional)
$623,006
Management and general (functional)
$83,878

Balance sheet and other

Total assets, start of year
$5,598,925
Total assets, end of year
$7,017,669
Total liabilities, end of year
$788,054
Net assets, end of year
$6,229,615
Land, buildings and equipment
$1,362,081
Net assets without donor restrictions
$6,229,615
Gross receipts
$947,893
Employees
5
Volunteers
0
Year formed
1991
State of legal domicile
NV

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
HARRY HOBSONEXECUTIVE DIRECTOR
Officer
40$129,785
KEN NARDUCYPRESIDENT
Trustee or director, Officer
5$0
DIANE TORRYVICE-PRESIDENT
Trustee or director, Officer
2$0
LINDA CANAVANTREASURER
Trustee or director, Officer
4$0
JERRY MULLENSECRETARY
Trustee or director, Officer
2$0
PATTI BENGTSONTRUSTEE
Trustee or director
1$0
MARK MACDONALDTRUSTEE
Trustee or director
1$0
STEPHEN NOVACEKTRUSTEE
Trustee or director
1$0
JAMES ROBERTSTRUSTEE
Trustee or director
1$0
GRACE SCHOENFELDTRUSTEE
Trustee or director
1$0
GEORGE A SUMMERHILLTRUSTEE
Trustee or director
1$0
JULIE OTTTRUSTEE
Trustee or director
1$0
GINGER PAULSENTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
HARRY HOBSONEXECUTIVE DIRECTOR
Officer
40$110,027
KEN NARDUCYPRESIDENT
Trustee or director, Officer
5$0
DIANE TORRYVICE-PRESIDENT
Trustee or director, Officer
2$0
LINDA CANAVANTREASURER
Trustee or director, Officer
4$0
JERRY MULLENSECRETARY
Trustee or director, Officer
2$0
PATTI BENGTSONTRUSTEE
Trustee or director
1$0
MARK MACDONALDTRUSTEE
Trustee or director
1$0
STEPHEN NOVACEKTRUSTEE
Trustee or director
1$0
JAMES ROBERTSTRUSTEE
Trustee or director
1$0
GRACE SCHOENFELDTRUSTEE
Trustee or director
1$0
GEORGE A SUMMERHILLTRUSTEE
Trustee or director
1$0
JULIE OTTTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3870 NEIL ROAD SUITE A, RENO, NV 89502-3841
In care of
% FRANK SWEDER
Principal officer (990 for 2024)
KENNETH W NARDUCY, 3870 NEIL ROAD SUITE A, RENO, NV 89502
Signed the 990
LINDA L CANAVAN, TREASURER
Phone
(775) 329-1155
Return prepared by
PANGBORN & CO LTD

Mission

SERVING THE NEEDS OF SENIORS BY DEVELOPING HIGH-QUALITY AFFORDABLE HOUSING

990 for the year ended December 31, 2024

Program accomplishments

  • SILVER SAGE MANOR, INC. (MANOR) PROVIDES HIGH QUALITY AFFORDABLE HOUSING FOR SENIORS AT OR BELOW 50% OF AREA MEDIAN INCOME IN 4 COMPLETED PROPERTIES. IN TOTAL THE PROPERTIES PROVIDE HOUSING FOR 152 SENIOR HOUSEHOLDS. MANOR NEARING COMPLETION OF A NEW DEVELOPMENT THAT WILL ADD AN ADDITIONAL 40 UNITS OF AFFORDABLE SENIOR HOUSING TO ITS PORTFOLIO.AS PART OF SUPPORTING THE ELDERLY, THE MANOR, ON OCCASSION, WILL FORGIVE LOANS WITH LOW INCOME SENIOR HOUSING IT IS DIRECTLY INVOLVED. FOR 2024, MANOR FORGAVE A $250,000 NOTE RECEIVABLE WITH SILVER SAGE SENIOR RESIDENCE, LLC, WHICH MANOR HAS A DIRECT 99.99% INTEREST AND AN INDIRECT 0.001% INTEREST. SEE SCHEDULE O FOR CONTINUATION OF PROGRAM ACCOMPLISHMENT.ADDITIONALLY, MANOR SUPPORTS THE RESIDENTS OF ITS PROPERTIES WITH SENIOR SERVICES COORDINATORS ENGAGING WITH RESIDENTS TO ASSIST THEM IN CONNECTING WITH RESOURCES THAT ALLOW THEM TO SUCCESSFULLY AGE IN PLACE. OUR SENIOR SERVICE COORDINATORS ASSIST RESIDENTS WITH A WIDE VARIETY OF NEEDS. IN 2024 OVER 8,000 INTERACTIONS WERE RECORDED WITH OUR COORDINATORS.
    Expenses $521,833 · revenue $550,524
  • RENTAL ACTIVITY FOR AN EIGHT UNIT APARTMENT COMPLEX FOR LOW INCOME HOUSING SERVING THE ELDERLY, LOCATED ON MORAN STREET IN RENO, NV.
    Expenses $101,173 · revenue $106,279

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
88-0266437
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99Z)
Assets (IRS master file)
$7,017,669
Income (IRS master file)
$947,893

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$780,916$706,884$7,017,669IRS
990December 2023$524,520$408,794$5,598,925XML
990December 2022$1,041,967$350,779$5,373,097IRS
990December 2021–––IRS
990December 2020–––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 88-0266437).

Questions about SILVER SAGE MANOR INC

What is the EIN of SILVER SAGE MANOR INC?
The employer identification number (EIN) of SILVER SAGE MANOR INC is 88-0266437.
Is SILVER SAGE MANOR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to SILVER SAGE MANOR INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SILVER SAGE MANOR 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 SILVER SAGE MANOR 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 SILVER SAGE MANOR 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 SILVER SAGE MANOR INC?
The 990 for the year ended December 31, 2024 names KENNETH W NARDUCY.
Who are the officers and directors of SILVER SAGE MANOR INC?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $129,785 (HARRY HOBSON, EXECUTIVE DIRECTOR).
How much revenue does SILVER SAGE MANOR INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $780,916, expenses of $706,884 and total assets of $7,017,669 at year end.

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