Albemarle Older Adult Housing Inc.

Fiscal year ending 2024. Filed on August 8, 2025.

411 South 4th Street
Albemarle, North Carolina 28001

Albemarle Older Adult Housing Inc. (EIN: 80-0030872), also known as Matthew's Place Apartments, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Albemarle Older Adult Housing Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $319,846. The highest compensated employee at Albemarle Older Adult Housing Inc. is Lee Syria with fiscal year 2024 compensation of $541,411.

Revenue, expenses, and employee compensation

Revenue

$240,107

Expenses

$364,650

Employee compensation

$0

Reported Compensated Employees

Lee Syria

President and Chief Executive Officer

$541,411

$0 $492,511 $48,900

Tammy Jones

Chief Financial Officer

$247,101

$0 $214,891 $32,210

Jeannette Breckenridge

Director of Housing Services

$171,026

$0 $154,209 $16,817

Non-Employee Board Members

Larry Covington

Michelle Pooler

Mission Statement

TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS IN ALBEMARLE, NORTH CAROLINA.

Revisions to this organization profile

August 8, 2025:

2024 Albemarle Older Adult Housing Inc. 990 filed

August 15, 2024:

2023 Albemarle Older Adult Housing Inc. 990 filed

February 15, 2023:

2022 Albemarle Older Adult Housing Inc. 990 filed

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