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Filing year 2023

Founders Forest Inc

Blacksburg, Virginia·EIN 54-1185224·4
Total revenue
$1.9M
Total assets
$12.3M
Total expenses
$1.6M
Reported officers
24
Mission

Housing for elderly.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

President and CEO
$5k
$6k
VP of Philanthropy
vice president
$3k
$4k
Director of Network Services
highest compensated employee
$3k
$4k
RN Director
highest compensated employee
$3k
$3k
Director of Nursing
highest compensated employee
$2k
$2k
Showalter Admin
highest compensated employee
$499
$545

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Financial trend

Revenue and expenses over time

Founders Forest Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$1.5M
2022
$1.9M
$1.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
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