Skip to main content

Nonprofit · EIN 54-1454861

VILLAGE AT WOODS EDGE

Tax-exempt · FRANKLIN, VA 23851

Financials

$6.9M$7.4M2023$6.9M$7.3M2024$8.3M$8.1M2025
Revenue Expenses · by fiscal year end
Financials of VILLAGE AT WOODS EDGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,254,314$8,063,560$190,754$20,283,543$16,736,702$3,546,841
December 31, 2024990$6,854,917$7,318,829-$463,912$19,705,390$16,381,878$3,323,512
December 31, 2023990$6,926,460$7,368,757-$442,297$19,170,666$15,673,044$3,497,622
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$410,459
Program service revenue
$6,437,412
Investment income
$1,268,199
Net gain from sales of assets
$1,044,015
Other revenue
$138,244

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$142,350
Other salaries and wages
$3,386,601
Salaries, compensation and benefits (total)
$4,138,875
Professional fundraising fees
$0
Legal fees
$15,424
Accounting fees
$62,529
Occupancy
$1,497,033
Depreciation
$849,343
Program services (functional)
$7,085,854
Management and general (functional)
$977,706

Balance sheet and other

Total assets, start of year
$19,705,390
Total assets, end of year
$20,283,543
Total liabilities, end of year
$16,736,702
Net assets, end of year
$3,546,841
Land, buildings and equipment
$10,908,110
Publicly traded securities
$7,382,651
Net assets without donor restrictions
$3,546,841
Gross unrelated business income
$102,567
Gross receipts
$13,069,950
Employees
145
Volunteers
2
Year formed
1990
State of legal domicile
VA

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 / weekCompensation
BILLIE TURNEREXEC DIR
Trustee or director, Officer
40$142,350
MEGHAN COUNCILLDIRECTOR
Trustee or director
1$0
WILL HOLTDIRECTOR
Trustee or director
1$0
CINDY HUNTINGDIRECTOR
Trustee or director
1$0
E WARREN BEALE JRVICE CHAIR
Trustee or director
1$0
ANNE PITTMANDIRECTOR
Trustee or director
1$0
LYNN E POWELLCHAIR
Trustee or director
1$0
FRANK RABILDIRECTOR
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
BILLIE TURNEREXEC DIR
Trustee or director, Officer
40$132,312
MEGHAN COUNCILLDIRECTOR
Trustee or director
1$0
WILL HOLTDIRECTOR
Trustee or director
1$0
CINDY HUNTINGDIRECTOR
Trustee or director
1$0
E WARREN BEALE JRVICE CHAIR
Trustee or director
1$0
ANNE PITTMANDIRECTOR
Trustee or director
1$0
LYNN E POWELLCHAIR
Trustee or director
1$0
FRANK RABILDIRECTOR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
BILLIE TURNEREXEC DIR
Trustee or director, Officer
40$124,720
MEGHAN COUNCILLDIRECTOR
Trustee or director
1$0
WILL HOLTDIRECTOR
Trustee or director
1$0
CINDY HUNTINGDIRECTOR
Trustee or director
1$0
E WARREN BEALE JRVICE CHAIR
Trustee or director
1$0
ANNE PITTMANDIRECTOR
Trustee or director
1$0
LYNN E POWELLCHAIR
Trustee or director
1$0
FRANK RABILDIRECTOR
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
1401 N HIGH ST, FRANKLIN, VA 23851-1244
Principal officer (990 for 2025)
BILLIE TURNER
Signed the 990
BILLIE TURNER, EXEC DIR
Phone
(757) 562-3100
Return prepared by
BARNES BROCK CORNWELL & PAINTER PLC

Mission

RESIDENTIAL SERVICES & CARE FOR THE ELDERLY

990 for the year ended December 31, 2025

Program accomplishments

  • SEE ATTACHED STATEMENT
    Expenses $7,085,854 · revenue $6,437,412

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
54-1454861
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
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$20,283,543
Income (IRS master file)
$13,069,950

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,254,314$8,063,560$20,283,543XML
990-TDecember 2025–––IRS
990December 2024$6,854,917$7,318,829$19,705,390XML
990-TDecember 2024–––IRS
990December 2023$6,926,460$7,368,757$19,170,666XML
990December 2022$5,912,239$6,858,033$19,197,969IRS
990December 2021–––IRS
990December 2020–––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 54-1454861).

Questions about VILLAGE AT WOODS EDGE

What is the EIN of VILLAGE AT WOODS EDGE?
The employer identification number (EIN) of VILLAGE AT WOODS EDGE is 54-1454861.
Is VILLAGE AT WOODS EDGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to VILLAGE AT WOODS EDGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VILLAGE AT WOODS EDGE 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 VILLAGE AT WOODS EDGE 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 VILLAGE AT WOODS EDGE 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 VILLAGE AT WOODS EDGE?
The 990 for the year ended December 31, 2025 names BILLIE TURNER.
Who are the officers and directors of VILLAGE AT WOODS EDGE?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $142,350 (BILLIE TURNER, EXEC DIR).
How much revenue does VILLAGE AT WOODS EDGE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,254,314, expenses of $8,063,560 and total assets of $20,283,543 at year end.

Other nonprofits in FRANKLIN

All nonprofits in FRANKLIN · Virginia · Human services