Form 990 for tax year 2022
Filed by ALBEMARLE OLDER ADULT HOUSING INC.
Totals
- Total revenue
- $222,036
- Total expenses
- $326,054
- Contributions and grants received
- $101,443
- Grants paid
- $0
- Program service revenue
- $116,680
- Investment income
- $264
- Other revenue
- $3,649
- Total assets, end of year
- $1,491,044
- Total liabilities, end of year
- $116,564
- Net assets or fund balances, end of year
- $1,374,480
- Program services expenses (Part IX)
- $294,010
- Management and general expenses
- $32,044
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $294,010
Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
KATHY H WOOD-ZEALY PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
KELSEY MCCLEAVE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
LINDA SHAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
JESSE CLANTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
BETH ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
MARY WORSLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
VICTOR TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
MICHELLE POOLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
TERESA COOPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
CORY TOBIN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.25 + 0.75 related
-
LEE SYRIA
PRESIDENT/CEO
- Total calculated
- $479,561
- From this org
- $0
- From related orgs
- $434,680
- Other
- $44,881
- Hours/week
- 0.25 + 39.75 related
Schedule J breakdown matched by us
- Base
- $0 + $434,680 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $41,000 related
- Nontaxable benefits
- $0 + $3,881 related
- Filer's total
- $0 + $479,561 related
-
JEANNETTE BRECKENRIDGE
DIRECTOR OF HOUSING SERVICES
- Total calculated
- $156,841
- From this org
- $0
- From related orgs
- $141,128
- Other
- $15,713
- Hours/week
- 0.25 + 39.75 related
Schedule J breakdown matched by us
- Base
- $0 + $141,128 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $15,200 related
- Nontaxable benefits
- $0 + $513 related
- Filer's total
- $0 + $156,841 related
-
JOHN WHITE
CFO (ENDED 11/2022)
- Total calculated
- $280,833
- From this org
- $0
- From related orgs
- $244,552
- Other
- $36,281
- Hours/week
- 0.25 + 39.75 related
Schedule J breakdown matched by us
- Base
- $0 + $244,552 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $22,882 related
- Nontaxable benefits
- $0 + $13,399 related
- Filer's total
- $0 + $280,833 related
-
TAMMY JONES
CFO (STARTED 2/2023)
- Total calculated
- $0
- Hours/week
- 0.25 + 39.75 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- CEMO WAGE SURVEY IS CONDUCTED BY EVERYAGE, AND THEIR INDEPENDENT CONSULTANT, CLIFTONLARSONALLEN DOES AN ANNUAL REVIEW OF THE CEO AND SENIOR LEADERSHIP SALARIES WHICH IS REPORTED TO THE BOARD OF DIRECTORS
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · NC
-
STATESVILLE ELDERLY HOUSING INC
501(C)(3) · APARTMENT FACILITY FOR THE ELDERLY · NC
Directly controlled by EVERYAGE
-
501(C)(3) · APARTMENT FACILITY FOR THE ELDERLY · NC
Directly controlled by EVERYAGE
-
501(C)(3) · FUND AND SUPPORT THE OPERATIONS AND PROGRAMS OF EVERYAGE · NC
Directly controlled by EVERYAGE
-
501(C)(3) · SUPPORT THE OPERATIONS AND PROGRAMS OF EVERYAGE · NC
Directly controlled by EVERYAGE
-
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · NC
Directly controlled by EVERYAGE
-
501(C)(3) · PROGRAM OF DAY CARE AND HEALTH SERVICES FOR THE ELDERLY · NC
Directly controlled by CAROLINA SENIORCARE
-
501(C)(3) · PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY · NC
Directly controlled by EVERYAGE
-
501(C)(3) · APARTMENT FACILITY FOR THE ELDERLY · NC
Directly controlled by EVERYAGE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442289349301929
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