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Nonprofit · EIN 92-2254866

AVERY POINT INC

Tax-exempt · CATONSVILLE, MD 21228

Financials

$8.8M$11.1M2023$27.1M$29M2024
Revenue Expenses · by fiscal year end
Financials of AVERY POINT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$27,077,461$28,952,923-$1,875,462$185,654,081$189,843,569-$4,189,488
December 31, 2023990$8,840,387$11,143,167-$2,302,780$126,607,162$128,921,188-$2,314,026
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$249,308
Program service revenue
$26,542,850
Investment income
$101,673
Net rental income
$183,630
Other revenue
$183,630

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$553,786
Other salaries and wages
$6,907,719
Salaries, compensation and benefits (total)
$8,906,803
Professional fundraising fees
$0
Legal fees
$25,906
Accounting fees
$142,991
Occupancy
$2,075,869
Travel
$54,703
Depreciation
$5,898,023
Program services (functional)
$21,091,629
Management and general (functional)
$7,861,294

Balance sheet and other

Total assets, start of year
$126,607,162
Total assets, end of year
$185,654,081
Total liabilities, end of year
$189,843,569
Net assets, end of year
-$4,189,488
Land, buildings and equipment
$3,846,941
Net assets without donor restrictions
-$4,239,729
Net assets with donor restrictions
$50,241
Gross receipts
$27,077,461
Employees
257
Volunteers
134
Year formed
2022
State of legal domicile
MD

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
SCOTT SAWICKIASSISTANT SECRETARY (BEG 4/1/24)
Officer
0.3$0$307,034$37,698
TODD DELANEYEXECUTIVE DIRECTOR (END 10/3/24)
Officer
40$223,453$74,485$24,161
REV DR ZINA JACQUEVICE CHAIR & VICE PRESIDENT
Trustee or director, Officer
0.1$0$172,500$0
LUKE MCKINLEYDIRECTOR, FINANCE
Officer
40$148,651$0$10,746
BRYAN BEEEXECUTIVE DIRECTOR (BEG 10/24)
Officer
40$151,252$0$1,563
MARY D COLINSSECRETARY
Trustee or director, Officer
0.1$0$150,000$0
STEPHANIE L REELDIRECTOR/VC & VP (THRU 3/31/24)
Trustee or director, Officer
0.1$0$150,000$0
EILEEN G ERSTADTREASURER
Trustee or director, Officer
0.1$0$140,000$0
MICHAEL W ROSKIEWICZDIRECTOR
Trustee or director
0.1$0$135,000$0
JACQUELYN WEIRPLANNING AND MOVING CONSULTANT
Highest-paid employee
40$102,370$0$11,474
ALYSSA HIMESSALES COUNSELOR
Highest-paid employee
40$111,037$0$1,907
KAY POLANDMANAGER, SALES
Highest-paid employee
40$104,872$0$5,776
BARBARA C BISGAIERDIRECTOR
Trustee or director
0.1$0$110,000$0
ZIAD AL RAWISENIOR MANAGER, FACILITIES
Highest-paid employee
40$102,062$0$5,832
PATRICIA M BROWNDIRECTOR
Trustee or director
0.1$0$90,000$0
11 more people on this return
NameTitleHours / weekCompensationFrom related orgs
MONTY C LEONARDDIRECTOR
Trustee or director
0.1$0$90,000
PAMELA D PAULKDIRECTOR
Trustee or director
0.1$0$90,000
IAN L BROWNCHAIR & PRESIDENT
Trustee or director, Officer
0.1$0$80,000
RUSSELL SHARPDIRECTOR
Trustee or director
0.1$0$80,000
KATHERINE CLUPPERDIRECTOR (BEG 4/1/24)
Trustee or director
0.1$0$65,000
MARY MOSCATODIRECTOR (BEG 4/1/24)
Trustee or director
0.1$0$65,000
CHRIS RATHMANNASSISTANT TREASURER (THRU 3/31/24)
Officer
1$0$0
PAMELA STINERASSISTANT TREASURER (BEG 4/1/24)
Officer
1$0$0
JOHN HALLASSISTANT TREASURER
Officer
1$0$0
MARK EMBLEYASSISTANT TREASURER
Officer
1$0$0
NEAL GANTERTASSISTANT TREASURER
Officer
1$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TODD DELANEYEXECUTIVE DIRECTOR
Officer
40$293,961$0$22,862
REV DR ZINA JACQUEDIRECTOR
Trustee or director
0.1$0$215,000$0
EILEEN G ERSTADTREASURER
Trustee or director, Officer
0.2$0$167,500$0
STEPHANIE L REELVICE CHAIR & VICE PRESIDENT
Trustee or director, Officer
0.1$0$150,000$0
MARY D COLINSSECRETARY
Trustee or director, Officer
0.2$0$150,000$0
LUKE MCKINLEYDIRECTOR, FINANCE
Officer
40$132,452$0$5,717
BARBARA C BISGAIERDIRECTOR
Trustee or director
0.1$0$110,000$0
MICHAEL W ROSKIEWICZDIRECTOR
Trustee or director
0.1$0$110,000$0
PATRICIA M BROWNDIRECTOR
Trustee or director
0.1$0$87,500$0
MONTY C LEONARDDIRECTOR
Trustee or director
0.1$0$87,500$0
PAMELA D PAULKDIRECTOR
Trustee or director
0.1$0$87,500$0
IAN L BROWNCHAIR & PRESIDENT (BEG 4/1/23)
Trustee or director, Officer
0.3$0$65,000$0
RUSSELL SHARPDIRECTOR (BEG 4/1/23)
Trustee or director
0.1$0$65,000$0
JOHN HALLASSISTANT TREASURER
Officer
0.5$0$0$0
CHRIS RATHMANNASSISTANT TREASURER
Officer
0.5$0$0$0
NEAL GANTERTASSISTANT TREASURER
Officer
0.5$0$0$0
MARK EMBLEYASSISTANT TREASURER
Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
813 MAIDEN CHOICE LN, CATONSVILLE, MD 21228-3679
In care of
% EILEEN ERSTAD
Principal officer (990 for 2024)
IAN BROWN, 1000 AVERY POINT WAY, RICHMOND, VA 23233
Signed the 990
EILEEN ERSTAD, TREASURER
Phone
(800) 260-3100
Return prepared by
RSM US LLP

Mission

MISSION STATEMENT - HOME IS BELONGING, PEACE OF MIND, LOVE AND ACCEPTANCE. WELCOME HOME!VISION STATEMENT - AVERY POINT, INC. CELEBRATES AGING! GROUNDED IN INCLUSION, INNOVATION AND ADVOCACY, WE CREATE UNPARALLELED VALUE AND OPPORTUNITIES FOR EVERY LIFE WE TOUCH. AS PART OF THE NATIONAL SENIOR COMMUNITIES ENTERPRISE, WE LEVERAGE OUR STRONG FINANCIAL FOUNDATION AND GOVERNANCE FOR THE BENEFIT OF SENIORS AND THOSE WHO SUPPORT THEM.

990 for the year ended December 31, 2024

Program accomplishments

  • AVERY POINT PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 518 INDEPENDENT LIVING UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.
    Expenses $21,091,629 · revenue $26,542,850

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
92-2254866
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$185,654,081
Income (IRS master file)
$27,077,461

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$27,077,461$28,952,923$185,654,081IRS
990December 2023$8,840,387$11,143,167$126,607,162XML

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 92-2254866).

Questions about AVERY POINT INC

What is the EIN of AVERY POINT INC?
The employer identification number (EIN) of AVERY POINT INC is 92-2254866.
Is AVERY POINT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to AVERY POINT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AVERY POINT 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 AVERY POINT 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 AVERY POINT 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 AVERY POINT INC?
The 990 for the year ended December 31, 2024 names IAN BROWN.
Who are the officers and directors of AVERY POINT INC?
The 990 for the year ended December 31, 2024 lists 26 people; 7 received compensation from the organization.
How much revenue does AVERY POINT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $27,077,461, expenses of $28,952,923 and total assets of $185,654,081 at year end.

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