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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 2022. Filed on August 8, 2023.

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 2022 IRS Form 990 filing, Old Ladies Home D/B/a Ashland Terrace, a 501(c)(3) charitable organization, reported compensation for 16 employees. Among the employees shown here, the average compensation is $85,345. The highest compensated employee at Old Ladies Home D/B/a Ashland Terrace is Kelly Weber with fiscal year 2022 compensation of $85,345.

Revenue, expenses, and employee compensation

Revenue

$1,175,709

Expenses

$1,255,075

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kelly Weber
Executive Director
$85,345
$75,479 No related comp$9,866
Katie Finnell
Director
$0
Jim McGee
Director
$0
Jennifer Larkin
Director
$0
Sharon Holbrook
Treasurer
$0
Graham Rowles
Vice President
$0
Susan Bachner
Director
$0
Randy Kemper
Director
$0
Dealla Samadi
Director
$0
Jane Fields
Director
$0
Jane Knapp
Director
$0
Marie Smart
President
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

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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