EIN 55-0701159

Edgewood Summit

IRS 501(c) type
501(c)(3)
Num. employees
233
Year formed
1990
Most recent tax filings
2024-06-01
Description
Edgewood Summit is a full-service continuing care retirement community. Their mission is to provide an attractive, caring, comfortable and affordable senior living community for older adults in Charleston, West Virginia, and the Kanawha Valley region.
Total revenues
$15,518,412
2024
Total expenses
$15,134,721
2024
Total assets
$41,164,467
2024
Num. employees
233
2024

Program areas at Edgewood Summit

The 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 29 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 54 units this past fiscal year and 14 units were touched up.total expenses incurred: $34,803.00 (see continuation on schedule o)2. Annually Edgewood Summit, Inc. Participated in the following charitable activities: > manna meal food drive - january - february 2024 > union mission food drive - november - december 2024 > s. charleston book donations - on-going throught the year > city of charleston - 30,000 easter eggs - march 2024 > city of s. charleston - 5,000 easter eggs - march 2024 > alzheimers assoc. Fundraising - october 2023 > heart assoc. Fundraining - february 2024 > kanawha humane society fundraiser - february 2024 3. Edgewood Summit, Inc. was a sponsor for west Virginia alzheimer's memory walk, west Virginia symphony orchestra, and the charleston ballet.total expense incurred: $8,957.234. In the fall of 2013 Edgewood Summit, Inc. Opened the arthur b. hodges center with 20 skilled nursing and 18 memory support units to complete the full continuum of care on our campus. Along with this addition all new residents moving into independent living with get a 20% discount from full contractual rates as they move through the continuum. For the then current independent living residents a plan was offered where the current resident could pay a one-time non-refundable deposit of $15,000 and they would also receive the health care benefit as they moved through the continuum. During the fiscal year ending june 30, 2024 Edgewood Summit had 14 residents move to higher levels of care and began utilizing the 20% discount - al 11, ms 3, and sn 0.total expense incurred: $103,240 during the fiscal year ending june 30, 2024 Edgewood Summit had a total of 37 residents with the health care benefit residing in higher levels of care that were utilizing the 20% discount - al 16, ms 3, and sn 18.total expense incurred: $639,908 5. Dining services contributed 40 thanksgiving turkeys to various not for profits and volunteer organizations in the charleston communitytotal expense incurred: $892.63annual total expense for community services $684,560.86

Financials for Edgewood Summit

RevenuesFYE 06/2024
Total grants, contributions, etc.$10,487
Program services$14,193,335
Investment income and dividends$406,047
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$22,330
Net gain from sale of non-inventory assets$887,173
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-960
Total revenues$15,518,412
Data update history
November 9, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 30, 2025
Updated personnel
Identified 4 new personnel
July 4, 2025
Used new vendors
Identified 2 new vendors, including , and
March 9, 2025
Updated personnel
Identified 4 new personnel
September 20, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesCharities
Issues
Human services
Characteristics
Legally formed as corporationState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
300 Baker LN
Charleston, WV 25302
Metro area
Charleston, WV
County
Kanawha County, WV
Website URL
edgewoodsummit.com/ 
Phone
(304) 346-2323
Facebook page
edgewoodsummit 
IRS details
EIN
55-0701159
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Independent
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