ELDER HOUSING CORPORATION INC (EIN 043437083) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

HELEN MURPHY

Phone

6173288384

Tax Period

2024-07-01 to 2025-06-30

ELDER HOUSING CORPORATION INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $294K, a strong 23% operating margin.

Mission

TO PROVIDE HOUSING AND FACILITIES IN THE CITY OF QUINCY.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,268,058

Investment Income $5,630

Other Revenue $0

TOTAL REVENUE $1,273,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,593

Fundraising Expenses $0

Program Expenses $891,379

Other Expenses $884,222

TOTAL EXPENSES $979,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,273,688	$732,871	+0.7%
Expenses	$979,815	$898,671	+0.1%
Net Income	$293,873	$-165,800	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE HINES	CLERK	1.00	Officer Director	$0	$0	$0
JOHN MOLLOY	DIRECTOR	1.00	Director	$0	$0	$0
FRANK TRAINOR	DIRECTOR	1.00	Director	$0	$0	$0
JULIA MCCARTHY	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL HINES	DIRECTOR	1.00	Director	$0	$0	$0
HELEN MURPHY	PRESIDENT/CHAIR OF BOARD	1.00	Officer Director	$0	$0	$0
DALE MUSGRAVE	DIRECTOR	1.00	Director	$0	$0	$0

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	$1,273,688	$979,815	$12,106,418	$293,873
2024	No data	No data	No data	No data
2023	$692,427	$691,041	$11,998,038	$1,386
2022	$2,099,311	$685,680	$12,103,185	$1,413,631
2021	$3,997,964	$666,799	$10,762,144	$3,331,165
2020	$693,446	$643,182	$7,373,290	$50,264
2019	$654,804	$599,857	$7,332,806	$54,947
2018	$551,949	$609,048	$7,330,032	$-57,099

ELDER HOUSING CORPORATION INC