Civic Intelligence

Pendleton Apartments Inc

EIN 31-1130225 • 501(c)3 • Franklin, WV

Profile

To provide housing to elderly persons.

PO Box 700Franklin, WV 26807

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

15.67x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

2.93x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

75th percentile

20%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

33rd percentile

-16%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

91st percentile

87%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$20,828

Down $8,681 (-29%) from 2023

Liabilities

Down

$326,377

Down $81,140 (-20%) from 2023

Net Assets

Up

-$305,549

Up $72,459 (+19%) from 2023

Revenue

Up

$111,464

Up $13,755 (+14%) from 2023

Expenses

Down

$89,005

Down $9,061 (-9.2%) from 2023

Net Income

Up

$22,459

Up $22,816 (+6391%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2010: $28,964Liabilities 2010: $332,640Net Assets 2010: -$303,6762010Assets 2011: $88,840Liabilities 2011: $389,020Net Assets 2011: -$300,1802011Assets 2012: $247,758Liabilities 2012: $496,010Net Assets 2012: -$248,2522012Assets 2013: $32,461Liabilities 2013: $477,801Net Assets 2013: -$445,3402013Assets 2014: $65,056Liabilities 2014: $537,034Net Assets 2014: -$471,9782014Assets 2015: $35,357Liabilities 2015: $370,805Net Assets 2015: -$335,4482015Assets 2016: $34,265Liabilities 2016: $355,600Net Assets 2016: -$321,3352016Assets 2017: $39,138Liabilities 2017: $268,853Net Assets 2017: -$229,7152017Assets 2018: $42,402Liabilities 2018: $404,589Net Assets 2018: -$362,1872018Assets 2019: $43,002Liabilities 2019: $478,899Net Assets 2019: -$435,8972019Assets 2020: $47,790Liabilities 2020: $425,236Net Assets 2020: -$377,4462020Assets 2021: $72,617Liabilities 2021: $416,359Net Assets 2021: -$343,7422021Assets 2022: $29,731Liabilities 2022: $407,382Net Assets 2022: -$377,6512022Assets 2023: $29,509Liabilities 2023: $407,517Net Assets 2023: -$378,0082023Assets 2024: $20,828Liabilities 2024: $326,377Net Assets 2024: -$305,5492024

Highlighted filing

2024

Assets$20,828
Liabilities$326,377
Net Assets-$305,549

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $69,232Expenses 2010: $61,274Net Income 2010: $7,9582010Revenue 2011: $50,071Expenses 2011: $68,695Net Income 2011: -$18,6242011Revenue 2012: $72,767Expenses 2012: $65,839Net Income 2012: $6,9282012Revenue 2013: $40,107Expenses 2013: $66,496Net Income 2013: -$26,3892013Revenue 2014: $37,451Expenses 2014: $64,089Net Income 2014: -$26,6382014Revenue 2015: $89,728Expenses 2015: $68,198Net Income 2015: $21,5302015Revenue 2016: $29,287Expenses 2016: $65,174Net Income 2016: -$35,8872016Revenue 2017: $56,663Expenses 2017: $65,568Net Income 2017: -$8,9052017Revenue 2018: $63,839Expenses 2018: $66,311Net Income 2018: -$2,4722018Revenue 2019: $46,957Expenses 2019: $70,667Net Income 2019: -$23,7102019Revenue 2020: $76,632Expenses 2020: $68,181Net Income 2020: $8,4512020Revenue 2021: $40,441Expenses 2021: $66,737Net Income 2021: -$26,2962021Revenue 2022: $31,890Expenses 2022: $65,799Net Income 2022: -$33,9092022Revenue 2023: $97,709Expenses 2023: $98,066Net Income 2023: -$3572023Revenue 2024: $111,464Expenses 2024: $89,005Net Income 2024: $22,4592024

Highlighted filing

2024

Revenue$111,464
Expenses$89,005
Net Income$22,459

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.21$3.26$3.06$1.11$0.89$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.30$4.08$3.78$0.98$0.98$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.30$4.07$3.78$0.32$0.66$0.34
2021Detailed filing. Detailed filing data is available for this year.$0.73$4.16$3.44$0.40$0.67$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.48$4.25$3.77$0.77$0.68$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.43$4.79$4.36$0.47$0.71$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.42$4.05$3.62$0.64$0.66$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.39$2.69$2.30$0.57$0.66$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.34$3.56$3.21$0.29$0.65$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.35$3.71$3.35$0.90$0.68$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.65$5.37$4.72$0.37$0.64$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.32$4.78$4.45$0.40$0.66$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$4.96$2.48$0.73$0.66$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$3.89$3.00$0.50$0.69$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$3.33$3.04$0.69$0.61$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.2
Gross Receipts
$111,464
Mission and Program Overview

Mission

To provide housing to elderly persons.

Program Services

DescriptionGrantsExpenses
RENTING COTTAGES AND APARTMENTS TO ELDERLY PERSONS.$0$89,005
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREG BOWERSPresident-$0--
LYNN VANDEVANDERVice President-$0--
MARSHALL HARPERTreasurer-$0--
PATRICIA SITESSecretary-$0--
CARA MITCHELLDirector-$0--
KENNETH HARPERDirector-$0--
ANN BENNETTDirector-$0--
CARY A HEVENERDirector-$0--
RANDALL KROPPAdministratorFT$0--
KAREN STEVENSDirector-$0--
KRISTY WATSONCFOFT$0--
Filing and Contact Details

Filer

Filer Name
Pendleton Apartments Inc
EIN
31-1130225
Phone
3043582322
Address
PO BOX 700, FRANKLIN, WV 26807

Signing Officer

Name
Greg Bowers
Title
President
Phone
3043582322
Signed
2025-08-01
Discuss with paid preparer
Yes

Preparer

Firm
Brown Edwards & Company Llp
Address
1909 FINANCIAL DRIVE, HARRISONBURG, VA 22801
Preparer
James R Fries
Phone
5404346736
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 16.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: depreciation. Amount: 842. Description: insurance. Amount: 7,768. Description: supplies. Amount: 194. Description: miscellaneous. Amount: 2,167. Total to form 990-ez, line 16: 10,971.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: transfer from pendleton manor. Amount: 20,000. Description: transfer from pendleton village. Amount: 30,000. Total to form 990-ez, line 20: 50,000.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 300. Description: other depreciable assets. Beg. Of year amount: 3,996. End of year amount: 3,153.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 8,665. End of year amount: 2,061. Description: unearned and refundable apartment fees. Beg. Of year amount: 398,852. End of year amount: 324,316.

Raw XML Appendix214 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 842. DESCRIPTION: INSURANCE. AMOUNT: 7,768. DESCRIPTION: SUPPLIES. AMOUNT: 194. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,167. TOTAL TO FORM 990-EZ, LINE 16: 10,971.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: TRANSFER FROM PENDLETON MANOR. AMOUNT: 20,000. DESCRIPTION: TRANSFER FROM PENDLETON VILLAGE. AMOUNT: 30,000. TOTAL TO FORM 990-EZ, LINE 20: 50,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 300. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,996. END OF YEAR AMOUNT: 3,153.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 8,665. END OF YEAR AMOUNT: 2,061. DESCRIPTION: UNEARNED AND REFUNDABLE APARTMENT FEES. BEG. OF YEAR AMOUNT: 398,852. END OF YEAR AMOUNT: 324,316.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GREG BOWERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03043582322
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PENDLETON APARTMENTS INC
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ReturnHeader/Filer/EIN0311130225
ReturnHeader/Filer/PhoneNum03043582322
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 700
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd026807
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0540504608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN EDWARDS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01909 FINANCIAL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARRISONBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022801
ReturnHeader/PreparerPersonGrp/PhoneNum05404346736
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES R FRIES
ReturnHeader/ReturnTs02025-08-01T13:49:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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