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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Old Ladies Home D/B/a Ashland Terrace

Old Ladies Home D/B/a Ashland Terrace

Fiscal year ending 2024. Filed on August 15, 2025.

475 S Ashland Ave
Lexington, Kentucky 40502

Old Ladies Home D/B/a Ashland Terrace (EIN: 23-7082862) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Old Ladies Home D/B/a Ashland Terrace, a 501(c)(3) charitable organization, reported compensation for 1 out of 26 total employees. Among the employees shown here, the average compensation is $105,140. The highest compensated employee at Old Ladies Home D/B/a Ashland Terrace is Kelly Weber with fiscal year 2024 compensation of $105,140.

Revenue, expenses, and employee compensation

Revenue

$1,437,337

Expenses

$1,247,406

Employee compensation

$668,999
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kelly Weber
Executive Director
$105,140
$91,615 No related comp$13,525

Benchmark Employee Compensation

Non-Employee Board Members

Alex Wilcox
Director AS of MAY
Allison Connelly
Director AS of MAY
Cameron Hamilton
Director
Chris Besten
Treasurer
Graham Rowles
President
Jacqui Denegri
Director AS of MAY
Jane Knapp
Secretary
Jerry Stout
Director
Jim McGee
Director
Katie Finnell
Director
Kirtland Roach
Director
Laura Hayden
Director

Mission Statement

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.

Revisions to this organization profile

August 15, 2025:
2024 Old Ladies Home D/B/a Ashland Terrace 990 filed
January 15, 2025:
2023 Old Ladies Home D/B/a Ashland Terrace 990 filed
August 8, 2023:
2022 Old Ladies Home D/B/a Ashland Terrace 990 filed

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