475 S Ashland Ave
Lexington KY 40502
Contact Information
Address 475 S Ashland Ave
Lexington, KY 40502
Phone (859) 266-2581
Fax 859 266-3974
Contact Name Kelly Weber
At A Glance
IRS Ruling Year 1941
Former Names
Home For the Friendless
The Old Ladies Home
Other ways to donate, support, or volunteer Ashland Terrace accepts private monetary and in-kind donations and offers a wide variety of volunteer opportunities. For more information, please contact us at or (859) 266-2581. 
Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Mission Statement The Ashland Terrace staff and Board of Directors are dedicated to providing a secure, friendly, affordable home to women sixty-five years old and older. As a retirement/congregate living facility, Ashland Terrace strives to nurture residents spiritually, physically and mentally to enhance their retirement years, and assist them, within the boundaries prescribed by law, to function independently. In keeping with the original purpose of the home, Ashland Terrace, a non-profit facility, strives to maintain the highest possible service and standards.
Background Statement Ashland Terrace was established in 1849 as the "Home of the Friendless." At that time, located on Short Street, it was a community- based organization that provided housing and meals for individuals who were left destitute after the cholera outbreaks in Lexington. In 1911 the name changed to the "Old Ladies Home" and in 1925 moved to a larger house on West High Street. The Old Ladies Home incorporated and was given non-profit status in 1923. Then in 1960, the organization was moved to its current location at 475 S. Ashland Avenue in the heart of the Chevy Chase neighborhood in Lexington. The Barkley family left money to The Old Ladies Home in the fifties and it ultimately became the means by which today we can provide shelter, food and services at affordable rates to older women of limited means. When we incorporated, the only residents were female; therefore our Articles of Incorporation declared that we were a home for women. In 1973, The Old Ladies Home became Ashland Terrace, and we simply don't mention our legal name, which remains The Old Ladies Home!  Today, Ashland Terrace provides meals, housing, transportation, activities and fresh linens to its community of thirty-five ladies, whose average age is eighty-five.    
Impact Statement
Accomplishments in the Past Year
1. We have continued our mission of providing a loving, secure home to our residents (forty-five in the last year). 
2. In the last several years, we have improved security by installing an access control system, door alarms and security cameras. We were grateful to receive private donations and a grant to help cover the cost of this installation. 
3. In 2018, we completed a partial kitchen renovation with the help of private donations.  
Goals for this Year
1. Raise funds to purchase a new kitchen range. 
2. Raise funds to purchase new sofas and end tables for our living room. 
3. Raise funds to help cover the cost of unexpected maintenance needs.
4. Revise our monthly newsletter so it can be included in the body of an email (rather than as an attachment)  
5. Revamp our website to make it mobile friendly.  
Needs Statement
1. Funds to replace our kitchen range.  
2. Funds to replace our living room sofas and end tables. 
3. Funds to handle unexpected maintenance needs.  
4. Volunteers to call Bingo. 
5. Volunteers to provide entertainment for our residents.
CEO/Executive Director Statement
Thank you for your interest in our organization. To learn more about us, we'd love to invite you to be our guest for lunch when your schedule allows. To make a reservation, please email or call, or (859) 266-2581. We look forward to hearing from you soon! 
Kelly  R. Weber, MSW
Executive Director  
Geographic Areas Served
Our residents are primarily from Kentucky and the surrounding states; however this is not a criteria. Often, we have folks move in from out-of-state to be closer to family who live in Lexington.
Board Chair
Board Chair Melissa Mautz
Company Affiliation Owner/GM Pet Wants
Board Members
Susan Bachner Retired Occupational Therapist Voting
Chris Besten CPA, Enderle Besten Dieruf, PLLCVoting
Anna Crenshaw Retired Special Ed TeacherVoting
Terry Foody Independent Research Nurse, RN, MSN Voting
Laura Hatfield Director, ONE Lexington Voting
Laura Hayden Realtor with Rector Hayden Voting
Sharon Holbrook Community Volunteer Voting
Florence Huffman ED, Kentucky Board of Social Work Voting
Beth Hunter Asst. Professor, Garduate Center for Gerontology at UK Voting
Laura Kincheloe AttorneyVoting
Jennifer Larkin Partner, Born Branding AgencyVoting
Melissa Mautz Owner/GM of Pet Wants Voting
Garland Niquette Psychologist, Community VolunteerVoting
Dealla Samadi UK Pre-Med StudentVoting
Marie Smart Dementia Care Specialist Voting
Linda Watt Retired R.N. Voting
Derek Wingfield Senior Resource Planning Analyst, East Kentucky Power Cooperative Voting
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 16
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 2
Female 15
Unspecified 0
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 72%
Written Board Selection Criteria? No
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100%
Constituency Includes Client Representation No
Number of Full Board Meetings Annually 11
Board Co-Chair
Board CoChair Linda Watt
Company Affiliation St. Joseph Hospital
CEO/Executive Director
Executive Director Kelly Weber MSW
Term Start Dec 2006
Experience After graduating from the University of Kentucky with her Master of Social Work Degree in May, 2006, Kelly worked a short time for the Alzheimer's Association and Faith in Action Elder Outreach. She began working as the Assistant Director at Ashland Terrace in December of 2006. In May, 2014, she moved into the Executive Director role when the Director of twenty-three years retired. 
Co-CEO Nisa Hanna MSW
Term Start Jan 2013
Full Time Staff 7
Part Time Staff 12
Volunteers 30
Contractors 3
Retention Rate 100%
Management Reports to Board? Yes
Staff Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 16
Hispanic/Latino 0
Native American/American Indian 0
Other 0 Indian 1
Staff Demographics - Gender
Male 7
Female 12
Unspecified 0
Senior Staff
Title Kitchen Supervisor & Head Chef
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
NonManagement Formal Evaluation Yes
Non Management Formal Evaluation Frequency Annually
Description We provide three meals a day in our fully staffed kitchen/dining room. It is our policy that our residents come to all three meals in the dining room if they are in the building and not ill.
Budget 278,000
Category Food, Agriculture & Nutrition, General/Other Nutrition
Population Served Aging, Elderly, Senior Citizens, ,
Description We provide transportation to medical appointments, errands, pick up prescriptions, shopping, etc. during the weekdays.
Budget 20,000
Category Human Services, General/Other Transportation Assistance
Population Served Aging, Elderly, Senior Citizens, ,
Description We clean each resident's room weekly.
Budget 23,400
Category Human Services, General/Other Senior Residential Facilities Programs
Population Served Aging, Elderly, Senior Citizens, ,
Description We provide fresh bed linens every other week (and change each resident's bed), as well as fresh towels every week.
Budget 6,300
Category Human Services, General/Other Senior Residential Facilities Programs
Population Served Aging, Elderly, Senior Citizens, ,
Description We plan and implement a variety of in-house activities and entertainment, as well as outings to various community shops, restaurants, etc.
Budget 6,500
Category Human Services, General/Other Senior Residential Facilities Programs
Population Served Aging, Elderly, Senior Citizens, ,
Plans & Policies
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? No
Management Succession Plan? Under Development
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
Government Licenses
Is your organization licensed by the Government? No
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start Jan 01, 2018
Fiscal Year End Dec 31, 2018
Projected Revenue $539,524.00
Projected Expenses $865,246.00
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201720162015
Foundation and
Corporation Contributions
Government Contributions$0$0$0
Individual Contributions$49,007$36,919$20,304
Investment Income, Net of Losses$101,623$83,290$79,259
Membership Dues------
Special Events$3,280$3,300$4,750
Revenue In-Kind------
Expense Allocation
Fiscal Year201720162015
Program Expense$634,502$601,185$601,538
Administration Expense$159,875$148,296$148,385
Fundraising Expense$2,000$2,000$2,000
Payments to Affiliates------
Total Revenue/Total Expenses0.880.870.87
Program Expense/Total Expenses79%80%80%
Fundraising Expense/Contributed Revenue4%5%8%
Assets and Liabilities
Fiscal Year201720162015
Total Assets$5,936,366$5,419,859$5,534,713
Current Assets$25,599$49,331$5,519,397
Long-Term Liabilities------
Current Liabilities$44,963$37,091$38,080
Total Net Assets$3,891,404$5,382,768$5,496,633
Form 990s
2016 990 PF 2016
2015 990PF 2015
2011 990PF 2011
2010 990 PF
2009 990PF 2009
2008 990PF 2008
Capital Campaign
Currently in a Capital Campaign? No
State Registration No
CEO Comments We are very fortunate to have invested funds; however these funds need to remain as a source of funding to subsidize the rents of our residents indefinitely. With the unpredictable economic climate, we are continually watching expenses and work on raising funds for various projects and/or building improvements. Our goal is to continue providing exemplary service at affordable rates.  
Foundation Staff Comments  

Old Ladies Home DBA Ashland Terrace is a private foundation. You may donate directly to this organization but please note that private foundations are subject to different standards of deductibility than public charities.

Address 475 S Ashland Ave
Lexington, KY 40502
Primary Phone 859 266-2581
Contact Email
CEO/Executive Director Kelly Weber MSW
Board Chair Melissa Mautz
Board Chair Company Affiliation Owner/GM Pet Wants