Public Charity

OLD LADIES HOME D/B/A ASHLAND TERRACE

OLD LADIES HOME D/B/A ASHLAND TERRACE, of LEXINGTON, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.4M in revenue, $1.2M in expenses, $5.7M in total assets. 4 publicly reported grants to this organization, totaling roughly $38K, appear in IRS filings.

EIN: 237082862 LEXINGTON, KY Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.2M
Total Assets$5.7M
Grant Records4
Funding Total$38K
Filing Years2020–2024

Mission

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.

Officers & Directors

DIRECTOR AS OF MAY Alex Wilcox
DIRECTOR AS OF MAY Allison Connelly
DIRECTOR Cameron Hamilton
TREASURER Chris Besten
PRESIDENT Graham Rowles
DIRECTOR AS OF MAY Jacqui Denegri

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
$20,898 2 grants
HEALTH
$16,750 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $1.2M $5.7M
2023 $1.2M $1.2M $5.4M
2022 $1.2M $1.3M $5.2M
2021 $1.3M $1.1M $6.0M
2020 $829K $989K $5.6M

Between 2020 and 2024, reported annual revenue grew from $829K to $1.4M (+73%), with total assets most recently reported at $5.7M.

Interactive year-over-year charts and full filing details available with membership.

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