Heritage Acres I Ltd
PRIOR TO 2020, HOUSING SERVICES WERE PROVIDED TO ELDERLY AND HANDICAPPED INDIVIDUALS INCLUDING A 93 UNIT FACILITY IN CAPE CHARLES, VIRGINIA, AND A 40 UNIT FACILITY IN MOUNTAIN CITY, TN. THE DIRECT HOUSING SERVICES WERE TERMINATED IN 2019 WITH THE SALE OF THE HOUSING UNITS. IN ADDITION TO HOUSING FOR THE ELDERLY, THE ORGANIZATION'S ORIGINAL PURPOSES INCLUDED SUPPORTING OTHER EXEMPT PURPOSES. THE ORGANIZATION HAS RESTATED ITS PURPOSES IN 2020 TO INCLUDE THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER CODE SECTION 501(C)(3) AND ALSO TO PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3K
-99.7% YoY
Annual Giving
$37K
Grant Count
1
Avg Grant Size
$37K
About Heritage Acres I Ltd
Based on IRS filings
Heritage Acres I Ltd is a nonprofit organization, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 1 grants totaling $37K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,723 | $891,955 | $907,868 |
| Revenue | $-255,109 | $3,821 | $18,742 |
| Expenses | $754,021 | $222,691 | $9,185 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-283,964 | $5,102 | $15,440 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C RICHARD CRANWELL | PRESIDENT | 5 | — |
| ELLEN CRANWELL | SR. VICE PRE | 2 | — |
| WILLIAM C CRANWELL | VICE PRESIDE | 2 | — |
| PETER V MARTIN | TREASURER | 5 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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