MILTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOUSING OPPORTUNITIES MILTON ELDERLY INC, founded in 1977, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 13% operating deficit.
TO PROVIDE ADEQUATE HOUSING FACILITIES ON A NON-PROFT BASIS FOR THE USE AND OCCUPANCY OF ELDERLY, AGED, OR HANDICAPPED PERSONS AND OTHER SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE ELDERLY, AGED AND HANDICAPPED AND TO PROMOTETHEIR HEALTH, SECURITY, HAPPINESS IN LONGER LIVING, THE CHARGES FOR SUCH HOUSING AND SERVICES INSOFAR AS CONTRIBUTIONS, BEQUESTS OR INCOME OF THE CORPORATION MAKE THIS POSSIBLE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,804,153 | $1,884,741 | 0.0% |
| Expenses | $2,045,319 | $2,147,913 | 0.0% |
| Net Income | $-241,166 | $-263,172 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOANNE BONNER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID DEMPSTER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES CRONIN | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAUREEN MCCARTHY | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AGNES DILLON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT LAKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN TANGNEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM MURPHY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY WHITNEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS KERRIGAN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$49,600 | $6,998 | $56,598 |
| WENDY DALY | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$51,731 | $2,841 | $54,572 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,804,153 | $2,045,319 | $17,505,481 | $-241,166 |
| 2023 | $1,884,741 | $2,147,913 | $14,860,670 | $-263,172 |
| 2022 | $1,443,564 | $2,306,408 | $15,078,086 | $-862,844 |
| 2021 | $2,494,221 | $2,088,442 | $16,273,256 | $405,779 |
| 2020 | $1,313,851 | $1,877,917 | $15,014,282 | $-564,066 |
| 2019 | $1,110,042 | $2,165,544 | $14,480,718 | $-1,055,502 |
| 2018 | $1,146,888 | $2,002,021 | $13,988,357 | $-855,133 |
Compare HOUSING OPPORTUNITIES MILTON ELDERLY INC with other nonprofits in Massachusetts and across the country.