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Edgewood Summit Inc

EIN 55-0701159 · Charleston, WV

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak40 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION'S PRIMARY EXEMPT FUNCTION IS TO PROVIDE, ON A NON-PROFIT BASIS, LONG-TERM CARE FACILITIES IN THE STATE OF WEST VIRGINIA SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF ELDERLY AND INFIRM PERSONS, INCLUDING BUT NOT LIMITED TO HOUSING, BUILDINGS, STRUCTURES, EQUIPMENT, FURNISHINGS, PROGRAMS AND RELATED HEALTH AND OTHER SERVICES CONTRIBUTING TO THEIR HEALTH, SECURITY, HAPPINESS AND PHYSICAL AND MENTAL WELL-BEING. THE MISSION OF EDGEWOOD SUMMIT IS TO PROVIDE AN ATTRACTIVE, CARING, COMFORTABLE SENIOR LIVING COMMUNITY. A SECURE ENVIRONMENT AND QUALITY SERVICE THAT WILL BE THE HALLMARK OF THIS COMMUNITY.

Income
$15.8 million
Spending
$16.1 million
Spent on programs
80%
Reserves
-14.3 months of spending
Largest source of income
fees for its services, 96%
Employees
295
Volunteers
0
Highest pay
$168,923, administrator/exec dir as of 01/2025

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 40 out of 100. Higher than 11% of charities in its peer group (human services, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 90% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 2% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    15 of 15

    80% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 35% of charities in its peer group (human services, $10m to $100m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $12.1 million spent. 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.
  2. $825,196 spent. 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 15 UNITS WERE TOUCHED UP.TOTAL EXPENSES INCURRED: $21,950 (SEE CONTINUATION ON SCHEDULE O)2. ANNUALLY EDGEWOOD SUMMIT, INC. PARTICIPATED IN THE FOLLOWING CHARITABLE ACTIVITIES: > UNION MISSION FOOD DRIVE - NOVEMBER - DECEMBER 2024 > MANNA MEAL FOOD DRIVE - JANUARY - FEBRUARY 2025 > KANAWHA HUMANE ASSOCIATION SUPPLY DRIVE - FEBRUARY - MARCH 2025 > LABELING FOR READ ALOUD - SEPTEMBER 2024 - JUNE 2025 > ALZHEIMER'S FUNDRAISERS/WALK - AUGUST 2024 & OCTOBER 2024 > STUFFING EGGS FOR THE CITY OF SOUTH CHARLESTON (5,000 EGGS) - MARCH - APRIL 2025 > STUFFING EGGS FOR THE CITY OF CHARLESTON (30,000 EGGS) - MARCH - APRIL 2025 > GREEN CHILI SHOOT OUT MARKET MAYHEM EVENT (SUPPORTING PARKINSONS) - MARCH 2025 > PIEDMONT ELEMENTARY "BACK TO SCHOOL DRIVE" - JUNE 2025 > SOUTH CHARLESTON LIBRARY BOOK DONATIONS - JULY 2024 - JUNE 2025 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: $6,764,244. 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 RECEIVE 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, 2025 EDGEWOOD SUMMIT HAD 17 RESIDENTS MOVE TO HIGHER LEVELS OF CARE AND BEGAN UTILIZING THE 20% DISCOUNT - AL 13, MS 0, AND SN 4.TOTAL EXPENSE INCURRED: $137,865DURING THE FISCAL YEAR ENDING JUNE 30, 2025 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 37, MS 9, AND SN 28.TOTAL EXPENSE INCURRED: $796,038.10 5. DINING SERVICES CONTRIBUTED 25 THANKSGIVING TURKEYS TO VARIOUS NOT FOR PROFITS AND VOLUNTEER ORGANIZATIONS IN THE CHARLESTON COMMUNITYTOTAL EXPENSE INCURRED: $444.37ANNUAL TOTAL EXPENSE FOR COMMUNITY SERVICES $825,196.71

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1991.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.