EBC Housing III

EIN: 204525971 501(c)(3) Housing & Shelter

Cleveland, OH

Total Revenue
$378,221
Total Expenses
$610,335
Total Assets
$2,015,212
Net Assets
$-2,866,888
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OH
Phone
2163616141
Tax Period
2024-07-01 to 2025-06-30

EBC Housing III, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $378K in total revenue in fiscal year 2024. Expenses of $610K exceeded revenue, resulting in a 61% operating deficit.

Mission

The mission of Eliza Bryant Village is to provide a dignified and fulfilling quality of life for the needful elderly in our community through facilities, programs, services designed to enhance their health and well-being. EBC Housing III accomplishes this by providing high quality senior housing for low income seniors subsidized by EBC and through the HUD 202 Program. Its tenants have access to a full array of outpatient programs and services offered throughout the campus.

Program Service Accomplishments

Program 1
Expenses: $437,272 Revenue: $378,221

EBC Housing III Corp is a nonprofit 501(c)(3) philanthropic organization which provides subsidized senior housing (45 unit independent living facilities) through the HUD Section 202 Program for low...

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EBC Housing III Corp is a nonprofit 501(c)(3) philanthropic organization which provides subsidized senior housing (45 unit independent living facilities) through the HUD Section 202 Program for low income elderly. The housing is located on the campus of the Eliza Bryant Village, which is a comprehensive provider of geriatric services including adult day care, transportation, well senior, community services, senior housing, and skilled nursing care.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $378,221
Investment Income $0
Other Revenue $0
TOTAL REVENUE $378,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $437,272
Other Expenses $610,335
TOTAL EXPENSES $610,335

Year-over-Year Comparison

2024 2023 Change
Revenue $378,221 $350,714 +0.1%
Expenses $610,335 $538,719 +0.1%
Net Income $-232,114 $-188,005 +0.2%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
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
8
$51,582
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bridgette Rodgers President/CEO 6
Officer
$0 $0 $51,582
Dr Denise McCray Trustee 1
Director
$0 $0 $0
Rufus Heard Treasurer 1
Officer Director
$0 $0 $0
Barbara Bray Secretary 1
Officer Director
$0 $0 $0
Rufus Sims Trustee 1
Director
$0 $0 $0
Donald Williams Trustee 1
Director
$0 $0 $0
Jean Allen-Jenkins 2nd Vice President 1
Officer Director
$0 $0 $0
Cecil Lipscomb Board Chair 1
Officer Director
$0 $0 $0
Teena Mitchell President, Aux I 1
Officer Director
$0 $0 $0
Margaret Mitchell President, Aux III 1
Officer Director
$0 $0 $0
Gwendolyn James President, Aux II 1
Officer Director
$0 $0 $0
Diana Morris Trustee 1
Director
$0 $0 $0
Brenda Hall Trustee 1
Director
$0 $0 $0
Angel Washington Trustee 1
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 $378,221 $610,335 $2,015,212 $-232,114
2024 $350,714 $538,719 $2,190,268 $-188,005
2023 $442,903 $525,526 $2,425,007 $-82,623
2022 $372,185 $475,225 $2,596,048 $-103,040
2021 $360,909 $491,551 $2,631,322 $-130,642
2020 $337,173 $504,639 $2,765,466 $-167,466
2019 $306,326 $456,613 $2,934,118 $-150,287
2018 $283,954 $474,659 $3,076,458 $-190,705
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