Elderly Housing Service Corporation
- Assets
- $51.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westland, MI
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 38-2856127
Organization Overview
Elderly Housing Service Corporation is located in Westland, MI. The organization was established in 1993. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elderly Housing Service Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Elderly Housing Service Corporation generated $123.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $137.9k during the year ending 12/2023. While expenses have increased by 3.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SERVICES FOR APPROXIMATELY 293 TENANTS OF THE WESTLAND TAYLOR CORPORATION, AND FOR THE PURCHASE OF CAPITAL IMPROVEMENTS FOR THE FACILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Dehart President | 2 | $0 | |
Michael Reddy Sr Vice President | 2 | $0 | |
Mark Neal Treasurer | 2 | $0 | |
Joanne Campbell Secretary | 2 | $0 | |
Teresa Dehart-Schulcz Executive Dir. | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,588 |
| Total Program Service Revenue | $102,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,588 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,470 |
| Professional fees and other payments to independent contractors | $4,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,650 |
| Other expenses | $65,600 |
| Total expenses | $137,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,819 |
| Other assets | $0 |
| Total assets | $51,402 |
| Total liabilities | $10,498 |
| Net assets or fund balances | $40,904 |