Somerset Court Apartments Inc

Fiscal year ending 2024. Filed on November 14, 2025.

448 Depot Street
Christiansburg, Virginia 24073

Somerset Court Apartments Inc (EIN: 37-1746430) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Somerset Court Apartments Inc, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $409,569. The highest compensated employee at Somerset Court Apartments Inc is Jeffrey Reed with fiscal year 2024 compensation of $505,081.

Revenue, expenses, and employee compensation

Revenue

$321,674

Expenses

$363,200

Employee compensation

$93,395

Reported Compensated Employees

Jeffrey Reed

President and Chief Executive Officer

$505,081

$0 $445,371 $59,710

J Andy Hall

Chief Operating Officer

$383,089

$0 $343,506 $39,583

Lance Sutherland

Executive Vice President and Chief Financial Officer

$340,538

$0 $278,113 $62,425

Non-Employee Board Members

Charles Famuliner

Deborah Sherman Lee

Mission Statement

Low Income Housing

Revisions to this organization profile

November 14, 2025:

2024 Somerset Court Apartments Inc 990 filed

November 15, 2024:

2023 Somerset Court Apartments Inc 990 filed

November 14, 2023:

2022 Somerset Court Apartments Inc 990 filed

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