HOUSING FOR ROCKDALE ELDERS INC

EIN: 042799671 501(c)(3) Housing & Shelter

WORCESTER, MA

Total Revenue
$604,621
Total Expenses
$602,145
Total Assets
$534,222
Net Assets
$-1,074,936
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MA
Principal Officer
BRIAN SCALES
Phone
9786306600
Tax Period
2024-11-01 to 2025-10-31

HOUSING FOR ROCKDALE ELDERS INC, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $605K in total revenue in fiscal year 2024.

Mission

TO PROVIDE AFFORDABLE RESIDENTIAL HOUSING FOR ELDERLY PERSONS IN NORTHBRIDGE, MA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $367,205
Program Service Revenue $234,254
Investment Income $98
Other Revenue $3,064
TOTAL REVENUE $604,621

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $544,294
Other Expenses $602,145
TOTAL EXPENSES $602,145

Year-over-Year Comparison

2024 2023 Change
Revenue $604,621 $565,205 +0.1%
Expenses $602,145 $563,542 +0.1%
Net Income $2,476 $1,663 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$351,601
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA MCGEE DIRECTOR 1.00
Director
$0 $0 $0
BRIAN SCALES PRESIDENT/TREASURER 1.00
Officer
$0 $15,270 $273,015
DEBORAH FOLEY CLERK/RESIDENT AGENT 1.00
Officer
$0 $0 $78,586
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $604,621 $602,145 $534,222 $2,476
2024 $565,205 $563,542 $536,889 $1,663
2023 $554,253 $533,426 $577,736 $20,827
2022 $530,810 $537,175 $629,224 $-6,365
2021 $504,845 $537,351 $680,370 $-32,506
2020 $511,068 $513,427 $775,706 $-2,359
2019 $494,347 $507,447 $827,722 $-13,100
2018 $495,248 $497,753 $879,461 $-2,505
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOUSING FOR ROCKDALE ELDERS INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.