NonprofitsOld Ladies Home

Old Ladies Home

LEXINGTON, KY

Total revenue

$1.4M

Total expenses

$1.2M

Net assets

$5.7M

Grants received

$42K

5 grants

EIN

237082862

Tax year

2024

Mission

The ashland terrace staff and board of directors are dedicated to providing a secure, friendly, affordable home to women sixty years and older. As a congregate senior living community, ashland terrace strives to nurture residents spiritually, physically, and mentally to enhance their retirement years, and assist them within the boundaries prescribed by law to function independently. In keeping with the original purpose of the home, ashland terrace, a non-profit facility, strives to maintain the highest possible service and standards.

Financials

FY 2024

Revenue

Contributions & grants$350K
Program service revenue$640K
Investment income$318K
Other revenue$129K
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$669K
Fundraising
Other expenses$578K
Total expenses$1.2M
Total assets$5.7M
Net assets$5.7M

People

16 listed

NameRoleCompensation

KELLY WEBER

EXECUTIVE DIRECTOR

Board

$92K

40 hrs/wk

MARILYN GALL

VICE-PRESIDENT

Board

1 hrs/wk

JANE KNAPP

SECRETARY

Board

1 hrs/wk

CHRIS BESTEN

TREASURER

Board

1 hrs/wk

CAMERON HAMILTON

DIRECTOR

Board

1 hrs/wk

JIM MCGEE

DIRECTOR

Board

1 hrs/wk

RANDY KEMPER

DIRECTOR TILL APRIL

Board

1 hrs/wk

JACQUI DENEGRI

DIRECTOR AS OF MAY

Board

1 hrs/wk

GRAHAM ROWLES

PRESIDENT

Board

1 hrs/wk

KATIE FINNELL

DIRECTOR

Board

1 hrs/wk

MARY VENEZIE

DIRECTOR AS OF MAY

Board

1 hrs/wk

LAURA HAYDEN

DIRECTOR

Board

1 hrs/wk

KIRTLAND ROACH

DIRECTOR

Board

1 hrs/wk

JERRY STOUT

DIRECTOR

Board

1 hrs/wk

ALEX WILCOX

DIRECTOR AS OF MAY

Board

1 hrs/wk

ALLISON CONNELLY

DIRECTOR AS OF MAY

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$12K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$9K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$8K
GENERAL OPERATING GRANT
2021
$5K
GENERAL OPERATING GRANT
2020

Funded by

$42K from 3 funders · 5 grants · 2020–2023

Blue Grass Community Foundation Inc

$21K · 2 grants · 2022–2023

Keeneland Foundation Inc

$13K · 2 grants · 2020–2021

Details

EIN237082862
Subsection03
Ruling date2024-06
Formed1923
Employees26
Volunteers35
OLD LADIES HOME — Mission, Financials & Grants Received | Grantivo