Elderly Housing Management Corporation
- Assets
- $912.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 54
- Location
- Jacksonville Beach, FL
- Founding
- 05/2002
- Data as of
- 06/2020
- EIN
- 59-3758096
Organization Overview
Elderly Housing Management Corporation is located in Jacksonville Beach, FL. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2020, Elderly Housing Management Corporation employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elderly Housing Management 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 06/2020, Elderly Housing Management Corporation generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.4m during the year ending 06/2020. While expenses have increased by 3.8% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORP PROVIDES MANAGEMENT TO BEACHES CHRISTIAN SERVICES CORPS INC AND BEACHES ELDERLY HOUSING CORP. THESE MANAGEMENT SERVICES INCLUDE BUT ARE NOT LIMITED TO 1. RENTING DWELLING UNITS IN THE FACILITIES. 2. COLLECTING ALL THE RENTS. 3. SECURING FULL COMPLIANCE BY EACH TENANT. 4. MAKING ARRANGEMENTS FOR UTILITIES, DECORATING, LAUNDRY, AND TELEPHONE SERVICES. 5. HIRING, PAY, SUPERVISE, AND DISCHARGE PERSONNEL TO BE REGULARY
THE CORP PROVIDES MANAGEMENT TO BEACHES CHRISTIAN SERVICES CORPS INC AND BEACHES ELDERLY HOUSING CORP. THESE MANAGEMENT SERVICES INCLUDE BUT ARE NOT LIMITED TO 1. RENTING DWELLING UNITS IN THE FACILITIES. 2. COLLECTING ALL THE RENTS. 3. SECURING FULL COMPLIANCE BY EACH TENANT. 4. MAKING ARRANGEMENTS FOR UTILITIES, DECORATING, LAUNDRY, AND TELEPHONE SERVICES. 5. HIRING, PAY, SUPERVISE, AND DISCHARGE PERSONNEL TO BE REGULARY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Shea Bowden Secretary | Officer | $0 | |
Melissa Gilreath Exec Director | Officer | 40 | $0 |
David Linger President | Officer | $0 | |
John Shea Treasurer | Officer | $0 | |
Murray Lewis Director | Trustee | $0 | |
Tom Bazley Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,450,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $967,336 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $63,566 |
| Other employee benefits | $230,470 |
| Payroll taxes | $74,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,544 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,768 |
| Travel | $205 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,275 |
| All other expenses | $0 |
| Total functional expenses | $1,386,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $772,407 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,822 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $912,844 |
| Accounts payable and accrued expenses | $22,163 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,303 |
| Total liabilities | $29,466 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $883,378 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity Of Collier County Inc Naples, FL | $122,499,137 | $30,188,706 |
I M Sulzbacher Center For The Homeless Inc Jacksonville, FL | $19,053,781 | $20,126,235 |
Housing Partnership Inc Riviera Beach, FL | $13,058,186 | $17,518,413 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Opa-Locka Community Development Corporation Inc Opa Locka, FL | $85,273,967 | $19,527,204 |
Orlando Neighborhood Improvement Corporation Inc Orlando, FL | $57,656,701 | $16,159,756 |
Habitat For Humanity International Inc Tampa, FL | $16,516,073 | $18,669,195 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Jacksonville, FL | $26,227,920 | $12,923,898 |
Greater Birmingham Habitat For Humanity Inc Fairfield, AL | $36,123,846 | $9,151,776 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |