ELDER SPIRIT DEVELOPMENT CO

Address
100 ABINGDON PLACE
ABINGDON, VA 24211
Contact
Website: http://www.elderspirit.org
Phone: +1 (276) 525-4704
Nonprofit
NTEE: G94 - Geriatrics
EIN: 54-1932560

Mission

DEVELOP AND MANAGE LOW INCOME HOUSING FOR PERSONS AGE 55 AND OVER
 201720162015
Basic features of the organization
Year of formation1999
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area3660
Human resources, including compensation
Summary compensation info
Number of employees00 
Number of volunteers22 
Personnel
Ballentine, Fran
TitleDIRECTORDIRECTOR 
Name of key/compensated personFRAN BALLENTINEFRAN BALLENTINE 
Average hours per week working for org 1.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Brumleve, Linda
TitleRECORDING SERECORDING SE 
Name of key/compensated personLINDA BRUMLEVELINDA BRUMLEVE 
Average hours per week working for org 1.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionOfficerOfficer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Crum, Matt
TitleDIRECTORDIRECTOR 
Name of key/compensated personMATT CRUMMATT CRUM 
Average hours per week working for org 1.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Dotten, Vickianne
TitleVICE PRESIDEVICE PRESIDE 
Name of key/compensated personVICKIANNE DOTTENVICKIANNE DOTTEN 
Average hours per week working for org 2.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Homesley, Scott
TitleTREASURERTREASURER 
Name of key/compensated personSCOTT HOMESLEYSCOTT HOMESLEY 
Average hours per week working for org 4.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Mashburn, Linda
TitleDIRECTORDIRECTOR 
Name of key/compensated personLINDA MASHBURNLINDA MASHBURN 
Average hours per week working for org 1.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Meadows, Beverly
TitleDIRECTORDIRECTOR 
Name of key/compensated personBEVERLY MEADOWSBEVERLY MEADOWS 
Average hours per week working for org 1.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Terrell, Bob
TitleDIRECTORDIRECTOR 
Name of key/compensated personBOB TERRELLBOB TERRELL 
Average hours per week working for org 1.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or directorIndividual trustee or director 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Winship, David
TitlePRESIDENTPRESIDENT 
Name of key/compensated personDAVID WINSHIPDAVID WINSHIP 
Average hours per week working for org 3.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
PositionIndividual trustee or director, OfficerIndividual trustee or director, Officer 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Purpose: mission, activities & accomplishments
Mission or significant activitiesDEVELOP AND MANAGE AFFORDABLE HOUSING FOR PEOPLE AGED 55 AND OVER.DEVELOP AND MANAGE AFFORDABLE HOUSING FOR PEOPLE AGED 55 AND OVER. 
Program expenses (total)$181,543.00$177,954.00 
Programs, including revenue & expenses
PROVIDE 16 APARTMENTS FOR LOW INCOME HOUSING IN ABINGDON VA REVENUE AND EXPENSES ARE REPORTED IN THE RENTAL SCHEDULE
Program expenses$122,126.00$177,954.00 
Program revenue$123,076.00$96,757.00 
Program descriptionPROVIDE 16 APARTMENTS FOR LOW INCOME HOUSING IN ABINGDON VA REVENUE AND EXPENSES ARE REPORTED IN THE RENTAL SCHEDULEPROVIDE 16 APARTMENTS FOR LOW INCOME HOUSING IN ABINGDON VA REVENUE AND EXPENSES ARE REPORTED IN THE RENTAL SCHEDULE 
Financial data
Expense categories (totals)
Sum (total functional expenses)$181,543.00$177,954.00 
Program services (total functional expenses)$181,543.00$177,954.00 
Management & general (total functional expenses)$0.00$0.00 
Fundraising (total functional expenses)$0.00$0.00 
Revenue
Total revenue$123,492.00$102,184.00 
Program service revenue (total)$123,076.00$96,757.00$90,655.00
Revenue from contributions (total) $3,500.00$25,460.00
Investment income$416.00$134.00 
Total unrelated business revenue$0.00$0.00 
Other revenue, current yr$0.00$1,793.00 
Total revenue from grants, etc., current yr$0.00$3,500.00 
Gross receipts$123,492.00$102,184.00 
Sources of contributions
Revenue from all other contributions $3,500.00 
Other types of revenue
Miscellaneous revenue (total) $1,793.00 
Income from dividends, interest, and similar investments$416.00$134.00 
Net rental income  $0.00
Fees for services
Fundraising service fees (total)$0.00$0.00 
General management fees (total) $16,605.00 
Accounting service fees (total) $500.00 
Assets and liabilities
Total assets$1,681,460.00$1,752,118.00$1,844,671.00
Total assets, beginning of year$1,752,118.00$1,844,671.00 
Total liabilities$1,693,781.00$1,708,444.00$1,725,227.00
Total liabilities, beginning of year$1,708,444.00$1,725,227.00 
Net assets-$12,321.00$43,674.00 
Net assets, beginning of year$43,674.00$119,444.00 
Other liabilities$6,027.00$6,609.00 
Cash: non-interest bearing$88,673.00$8,455.00 
Cash: non-interest bearing, beginning of year$8,455.00$8,678.00 
Other financial variables
Revenue less expenses-$58,051.00-$75,770.00 
Advertising (total) $559.00 
Savings & temp cash investment$40,346.00$112,390.00 
Accounts receivable, net$875.00$1,369.00 
Prepaid expenses & deferred charges$3,663.00$2,380.00 
Accounts payable & accrued expenses$1,170.00$188.00 
Deferred revenue$1,208.00  
Secured mortgages and notes payable$1,685,376.00$1,701,647.00 
Total net assets or fund balances-$12,321.00$43,674.00 
Depreciation, depletion, amortization$12.00  
Governance and accountability
Number of voting members88 
Number of independent voting members88 
Tax year start date2017-01-012016-01-01 
Tax year end date2017-12-312016-12-31 
Accounting methodAccrualAccrual 
Metadata about the filing
E-return type990990 
Date e-filing submitted2018-09-042017-09-20 
IRS schema version2017v2.32016v3.0 
Filing identifier201841279349300444201721359349306462 
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