ELDER SPIRIT DEVELOPMENT CO

Address
100 ABINGDON PLACE
ABINGDON, VA 24211
Contact
Website: http://www.elderspirit.org
Phone: +1 (276) 628-5000
Nonprofit
EIN: 54-1932560
Year formed: 1999

Mission

DEVELOP AND MANAGE LOW INCOME HOUSING FOR PERSONS AGE 55 AND OVER
 20162015201420132012
Human resources, including compensation
Summary compensation info
Number of employees0    
Number of volunteers2    
Personnel
Ballentine, Fran
TitleDIRECTOR    
Name of key/compensated personFRAN BALLENTINE    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Brumleve, Linda
TitleRECORDING SE    
Name of key/compensated personLINDA BRUMLEVE    
Position of compensated person
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Crum, Matt
TitleDIRECTOR    
Name of key/compensated personMATT CRUM    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Dotten, Vickianne
TitleVICE PRESIDE    
Name of key/compensated personVICKIANNE DOTTEN    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org2.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Homesley, Scott
TitleTREASURER    
Name of key/compensated personSCOTT HOMESLEY    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org4.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Mashburn, Linda
TitleDIRECTOR    
Name of key/compensated personLINDA MASHBURN    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Meadows, Beverly
TitleDIRECTOR    
Name of key/compensated personBEVERLY MEADOWS    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Terrell, Bob
TitleDIRECTOR    
Name of key/compensated personBOB TERRELL    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Winship, David
TitlePRESIDENT    
Name of key/compensated personDAVID WINSHIP    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org3.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesDEVELOP AND MANAGE AFFORDABLE HOUSING FOR PEOPLE AGED 55 AND OVER.    
Program service expenses, total$177,954.00    
Programs, including revenue & expense
PROVIDE 16 APARTMENTS FOR LOW INCOME HOUSING IN ABINGDON VA REVENUE AND EXPENSES ARE REPORTED IN THE RENTAL SCHEDULE
Program expenses$177,954.00    
Program revenue$96,757.00    
Program descriptionPROVIDE 16 APARTMENTS FOR LOW INCOME HOUSING IN ABINGDON VA REVENUE AND EXPENSES ARE REPORTED IN THE RENTAL SCHEDULE    
Financial data
Revenue
Total revenue, current year$102,184.00    
Program service revenue, current year$96,757.00    
Investment income, current year$134.00    
Total revenue from grants, etc., current year$3,500.00    
Other revenue, current year$1,793.00    
Program service revenue (total)$96,757.00    
Sources of contributions
Revenue from all other contributions$3,500.00    
Other types of revenue
Miscellaneous revenue (total)$1,793.00    
Investment income$134.00    
Expense categories (totals)
Total expenses, current year$177,954.00    
Total functional expenses: program service $177,954.00    
Total functional expenses: management and general$0.00    
Total functional expenses: fundraising$0.00    
Fees for services
Fundraising service fees (total)$0.00    
General management fees (total)$16,605.00    
Assets and liabilities
Total assets, end of year$1,752,118.00    
Total assets, beginning of current year$1,844,671.00    
Total liabilities, end of year$1,708,444.00    
Total liabilities, beginning of year$1,725,227.00    
Unrestricted net assets, end of year$43,674.00    
Net assets, end of year$43,674.00    
Net assets, beginning of current year$119,444.00    
Other liabilities$6,609.00    
Cash: non-interest bearing, end of year$8,455.00    
Cash: non-interest bearing, beginning of year$8,678.00    
Gross receipts$102,184.00    
Revenue less expenses, current year-$75,770.00    
Advertising (total)$559.00    
Savings & temp cash invest$112,390.00    
Accounts receivable, net$1,369.00    
Prepaid expenses & deferred charges$2,380.00    
Accounts payable & accrued expenses$188.00    
Secured mortgages and notes payable, end of year$1,701,647.00    
Total net assets or fund balances, end of year$43,674.00    
Governance and accountability
Number of voting members8    
Number of independent voting members8    
Accrual accountingTrue    
Tax year start date2016-01-01    
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
Return type: 990, 990EZ, or 990PF990    
IRS schema version2016v3.0    
Filing identifier201721359349306462    
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