FELLO HOUSING LLC

🔒

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

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

JUDI OLINGER

Phone

4102691883

Tax Period

2024-07-01 to 2025-06-30

FELLO HOUSING LLC, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

FELLO HOUSINGS' MISSION IS TO CREATE OPPORTUNITY BY MAKING QUALITY AFFORDABLE HOUSING ACCESSIBLE TO ALL.

Program Service Accomplishments

Program 1

Expenses: $3,589,046 Revenue: $2,755,811

FELLO HOUSING PROVIDES SAFE, AFFORDABLE HOUSING FOR PEOPLE OF LOW INCOME, INCLUDING PEOPLE WITH DISABILITIES. WITH OVER 80 PROFESSIONALLY MANAGED UNITS ACROSS THE GREATER CHESAPEAKE REGION, FELLO...

FELLO HOUSING PROVIDES SAFE, AFFORDABLE HOUSING FOR PEOPLE OF LOW INCOME, INCLUDING PEOPLE WITH DISABILITIES. WITH OVER 80 PROFESSIONALLY MANAGED UNITS ACROSS THE GREATER CHESAPEAKE REGION, FELLO HOUSING PROVIDES HOUSING TO OVER 150 PEOPLE. FELLO HOUSING GREW OUT OF A NEED TO ENABLE PEOPLE OF LIMITED MEANS TO RENT OR OWN A HOME - ULTIMATELY ACHIEVING INDEPENDENT LIVING IN THE COMMUNITY OF THEIR CHOICE.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $847,800

Program Service Revenue $2,621,145

Investment Income $58,249

Other Revenue $78,470

TOTAL REVENUE $3,605,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $831,186

Fundraising Expenses $0

Program Expenses $3,589,046

Other Expenses $2,966,762

TOTAL EXPENSES $3,797,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,605,664	$3,101,407	+0.2%
Expenses	$3,797,948	$3,101,407	+0.2%
Net Income	$-192,284	$0	N/A

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$495,281

Total Directors

$321,461

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHON RONDEAU	CHAIR	10.00	Officer Director	$0	$26,463	$321,461
MARTHA BROWN	TREASURER	0.50	Officer Director	$0	$0	$0
ANDY MASTERS	SECRETARY	0.50	Officer Director	$0	$0	$0
NANCY RASE	DIRECTOR	0.50	Director	$0	$0	$0
MONIQUE BROWN	DIRECTOR	0.50	Director	$0	$0	$0
DEENA KILMON	DIRECTOR	0.50	Director	$0	$0	$0
RASHEEDA MCRAE	DIRECTOR	0.50	Director	$0	$0	$0
JUDI OLINGER	VP OF HOUSING STRATEGY	40.00	Officer	$135,204	$38,616	$173,820

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	$3,605,664	$3,797,948	$23,419,494	$-192,284
2023	$2,522,733	$2,522,733	$20,033,550	No data
2022	$2,492,763	$2,492,763	$15,957,561	No data
2021	$1,843,816	$1,843,816	$13,011,201	No data
2020	$1,910,246	$1,910,246	$11,376,054	No data
2019	$1,618,153	$1,618,153	$10,605,444	No data
2018	$444,455	$769,157	$7,470,744	$-324,702