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.
Key facts about Heritage Acres I Ltd
- EIN
- 54-1114920
- Latest 990 filing
- Form 990, 2025
Data from IRS Form 990, 2025; updated September 2026.
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Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
—
-100.0% YoY
Revenue
$4
-100.0% YoY
Net Investment Income
$4
-100.0% YoY
Expenses
$3K
-99.6% YoY
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 2025. Net investment income was $4.
Ready to take the next step with Heritage Acres I Ltd?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | $2,723 | $891,955 |
| Revenue | $4 | $-255,109 | $3,821 |
| Expenses | $2,727 | $754,021 | $222,691 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4 | $-283,964 | $5,102 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 31, 2025)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Heritage Acres I Ltd is led by C. Richard Cranwell, President since 2021 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
C. Richard Cranwell
President
Vice President → President, 2021
On filings since 2020
No compensation reported
Ellen Cranwell
Senior Vice President
Director → Senior Vice President, 2021
On filings since 2020
No compensation reported
William C. Cranwell II
Vice President
Director & Chair → Vice President, 2021
On filings since 2020
No compensation reported
Peter V. Martin
Treasurer
On filings since 2021
No compensation reported
Former officers (2)
- Former: Wf Mason Jr. (2020–2023) — CEO
- Former: Linda C. Dalton (2020) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently Asked Questions
Where does Heritage Acres I Ltd operate?
Heritage Acres I Ltd has awarded grants in Virginia.
What is Heritage Acres I Ltd's EIN?
Heritage Acres I Ltd's EIN (Employer Identification Number) is 54-1114920. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990 filings.