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Nonprofit · EIN 52-2069016

CEDAR LANE SENIOR LIVING COMMUNITY III INC

Also known as CEDAR LANE APARTMENTS

Tax-exempt · LEONARDTOWN, MD 20650

Financials

$541K$588K2023$532K$577K2024$679K$542K2025
Revenue Expenses · by fiscal year end
Financials of CEDAR LANE SENIOR LIVING COMMUNITY III INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$679,470$541,953$137,517$1,979,179$1,303,958$675,221
December 31, 2024990$531,718$577,110-$45,392$2,185,528$1,647,824$537,704
December 31, 2023990$540,647$587,501-$46,854$2,321,131$1,738,035$583,096
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,500
Program service revenue
$471,805
Investment income
$184,290
Net gain from sales of assets
$183,739
Other revenue
$20,875

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$47,664
Other salaries and wages
$142,353
Salaries, compensation and benefits (total)
$204,321
Professional fundraising fees
$0
Legal fees
$1,438
Accounting fees
$16,836
Occupancy
$114,252
Depreciation
$104,337
Program services (functional)
$475,856
Management and general (functional)
$66,097

Balance sheet and other

Total assets, start of year
$2,185,528
Total assets, end of year
$1,979,179
Total liabilities, end of year
$1,303,958
Net assets, end of year
$675,221
Land, buildings and equipment
$1,737,393
Net assets without donor restrictions
$675,221
Gross receipts
$689,245
Employees
40
Volunteers
14
Year formed
1997
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ERIC GOLDENPRESIDENT, CEO, DIRECTOR
Trustee or director, Officer
7.7$29,236$160,611$5,695
CALVIN BOOZERDIRECTOR OF FACILITIES
Officer
7.7$17,039$93,605$3,319
CANDY CHESSERCHAIR
Trustee or director, Officer
1$0$0$0
JIMMY HAYDENVICE CHAIR
Trustee or director, Officer
1$0$0$0
DENNIS NICHOLSONTREASURER
Trustee or director, Officer
1$0$0$0
KATHY FRANZENSECRETARY
Trustee or director, Officer
1$0$0$0
SHERI BURCH NORRISDIRECTOR
Trustee or director
1$0$0$0
DARLENE JOHNSONDIRECTOR
Trustee or director
1$0$0$0
MICKEY RAMOSDIRECTOR
Trustee or director
1$0$0$0
SILVIO BORRERODIRECTOR
Trustee or director
1$0$0$0
MELISSA FARRENDIRECTOR
Trustee or director
1$0$0$0
SUSIE GLAUNERDIRECTOR
Trustee or director
1$0$0$0
RICHARD PECTOLDIRECTOR
Trustee or director
1$0$0$0
HADLEY RAMIAHDIRECTOR
Trustee or director
1$0$0$0
TERRI VERBIC-BOGGSDIRECTOR
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
LESLIE THISTLETENANT REPRESENTATIVE
Trustee or director
1$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ERIC GOLDENPRESIDENT, CEO, DIRECTOR
Trustee or director, Officer
7.7$28,191$154,867$5,492
CALVIN BOOZERDIRECTOR OF FACILITIES
Officer
7.7$16,116$88,531$3,139
CANDY CHESSERCHAIR
Trustee or director, Officer
1$0$0$0
JIMMY HAYDENVICE CHAIR
Trustee or director, Officer
1$0$0$0
DENNIS NICHOLSONTREASURER
Trustee or director, Officer
1$0$0$0
KATHY FRANZENSECRETARY
Trustee or director, Officer
1$0$0$0
SHERI BURCH NORRISDIRECTOR
Trustee or director
1$0$0$0
BETH COOPER JOSEPHDIRECTOR
Trustee or director
1$0$0$0
DARLENE JOHNSONDIRECTOR
Trustee or director
1$0$0$0
MICKEY RAMOSDIRECTOR
Trustee or director
1$0$0$0
MELANIE TRIFONEDIRECTOR
Trustee or director
1$0$0$0
ROBERT LANETENANT REPRESENTATIVE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ERIC GOLDENPRESIDENT&CEO, DIRECTOR
Trustee or director, Officer
7.7$23,469$128,928$4,572
CALVIN BOOZERDIRECTOR OF FACILITIES
Officer
7.7$15,697$86,233$3,058
CHARLES ROACHCHAIR
Trustee or director, Officer
1$0$0$0
CANDY CHESSERVICE CHAIR, SECRETARY
Trustee or director, Officer
1$0$0$0
RICHARD PECTOLTREASURER
Trustee or director, Officer
1$0$0$0
MICHAEL BLACKWELLDIRECTOR
Trustee or director
1$0$0$0
SHERI BURCH NORRISDIRECTOR
Trustee or director
1$0$0$0
BETH COOPER JOSEPHDIRECTOR
Trustee or director
1$0$0$0
DARLENE JOHNSONDIRECTOR
Trustee or director
1$0$0$0
MICKEY RAMOSDIRECTOR
Trustee or director
1$0$0$0
MELANIE TRIFONEDirector
Trustee or director
1$0$0$0
KATHY FRANZENDirector
Trustee or director
1$0$0$0
ROBERT LANETENANT REPRESENTATIVE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
22680 CEDAR LANE COURT, LEONARDTOWN, MD 20650-3928
In care of
% KOLBY WASNICK
Principal officer (990 for 2025)
CANDACE CHESSER, 22680 CEDAR LANE COURT, LEONARDTOWN, MD 20650
Signed the 990
MELISSA FARREN, TREASURER
Phone
(301) 475-8966
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

Mission

TO PROVIDE FOR ELDERLY AND DISABLED PERSONS RENTAL HOUSING AND RELATED FACILITIES AND SERVICES ESPECIALLY DESIGNED TO CONTRIBUTE TO THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE ELDERLY AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY, AND USEFULNESS IN LIVING.

990 for the year ended December 31, 2025

Program accomplishments

  • CEDAR LANE SENIOR LIVING COMMUNITY III, INC. BEGAN OPERATIONS DURING 2002. THE ENTITY OWNS AND OPERATES A 30-UNIT HOUSING PROJECT FOR THE ELDERLY IN LEONARDTOWN, MARYLAND. IN CONJUNCTION WITH THE RENTAL UNITS, THE ENTITY PROVIDES SUPPORT SERVICES THAT INCLUDE A DINING FACILITY.
    Expenses $475,856 · revenue $492,680

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-2069016
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,979,179
Income (IRS master file)
$689,245

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$679,470$541,953$1,979,179XML
990December 2024$531,718$577,110$2,185,528XML
990December 2023$540,647$587,501$2,321,131XML
990December 2022$479,813$594,263$2,050,840IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2069016).

Questions about CEDAR LANE SENIOR LIVING COMMUNITY III INC

What is the EIN of CEDAR LANE SENIOR LIVING COMMUNITY III INC?
The employer identification number (EIN) of CEDAR LANE SENIOR LIVING COMMUNITY III INC is 52-2069016.
Is CEDAR LANE SENIOR LIVING COMMUNITY III INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to CEDAR LANE SENIOR LIVING COMMUNITY III INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CEDAR LANE SENIOR LIVING COMMUNITY III INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CEDAR LANE SENIOR LIVING COMMUNITY III INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CEDAR LANE SENIOR LIVING COMMUNITY III INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CEDAR LANE SENIOR LIVING COMMUNITY III INC?
The 990 for the year ended December 31, 2025 names CANDACE CHESSER.
Who are the officers and directors of CEDAR LANE SENIOR LIVING COMMUNITY III INC?
The 990 for the year ended December 31, 2025 lists 16 people; 2 received compensation from the organization, the highest $29,236 (ERIC GOLDEN, PRESIDENT, CEO, DIRECTOR).
How much revenue does CEDAR LANE SENIOR LIVING COMMUNITY III INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $679,470, expenses of $541,953 and total assets of $1,979,179 at year end.

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