Edgewood Summit
Edgewood Summit reported $15.8 million in revenue and $16.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.99 went to program services, $20.01 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.5% of the total. The highest compensation it reported for one person was $168,923 (ADMINISTRATOR/EXEC DIR AS OF 01/2025). 4 people received more than $100,000 in reportable compensation. Revenue rose 27% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $16MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.0% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.0% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.5% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $168,923 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.05% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 4 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.2 | 6.9 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe organization provided, on a non-profit basis, housing, dining, housekeeping, laundry, transportation, activities, nursing and assisted living care, memory support care, and skilled nursing care through the operation of a ccrc - continuum care retirement community - that served 228 residents in 127 independent and 40 assisted living, 18 memory support and 20 skilled nursing units
1. Edgewood Summit, inc. Has been open for 30 years. Apartments are upgraded when turnover occurs; this includes fresh paint, new carpet. An enhanced upgrade to each unit includes - new kitchen and bath cabinets with solid surface countertops, new lighting, new kitchen appliances including washer and dryer. All items with a useful life remaining are donated to habitat for humanity restore. These items include: ranges, refrigerators, dishwashers, washer/dryer combos and kitchen and bath cabinets, and light fixtures. Edgewood Summit turned over approximately 51 units this past fiscal year and…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| ADMINISTRATOR/EXEC DIR AS OF 01/2025 Officer, 40.00 hrs/week | $147,886 | $0 | $21,037 | $168,923 |
| DIRECTOR OF MARKETING Highest compensated employee, 40.00 hrs/week | $132,857 | $0 | $6,802 | $139,659 |
| MAINTENANCE DIRECTOR Highest compensated employee, 40.00 hrs/week | $108,388 | $0 | $26,349 | $134,737 |
| DIRECTOR OF NURSING Highest compensated employee, 40.00 hrs/week | $102,065 | $0 | $22,236 | $124,301 |
4 people received more than $100,000 in reportable compensation from Edgewood Summit (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b18 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5295
Correct a figure or respond
Every number above is copied from Edgewood Summit's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Edgewood Summit, you can publish a response that is linked from this page.
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Of every $100 Edgewood Summit spent in FY2025, $79.99 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Edgewood Summit's spending goes to programs?
In the fiscal year ending June 30, 2025, Edgewood Summit reported that 80.0% of its $16.1 million in expenses went to program services, 20.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Edgewood Summit pay its top executive?
The largest total compensation Edgewood Summit reported for one person in the fiscal year ending June 30, 2025 was $168,923, for the role of ADMINISTRATOR/EXEC DIR AS OF 01/2025 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Edgewood Summit get its money?
Of $15.8 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 95.5% from program service revenue (Form 990, Part VIII).
Is Edgewood Summit a registered charity?
The IRS lists EIN 55-0701159 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621319349303822 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349309436 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349306210 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349307340 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200339349300210 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140299349300419 · read the filing
All filings for EIN 55-0701159: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.