LIMA, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIMA ECUMENICAL HOUSING CORP, founded in 1978, is a small nonprofit in the Housing & Shelter sector that reported $576K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $130K, a strong 23% operating margin.
LIMA ECUMENICAL HOUSING CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED ON JUNE 13, 1978 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF OHIO. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 51 UNIT HIGH-RISE APARTMENT COMPLEX KNOWN AS PILGRIM PLACE APARTMENTS LOCATED IN LIMA, OHIO, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW AND LOW INCOME ELDERLY PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS AND A MORTGAGE INSURED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
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 | $575,976 | $522,778 | +0.1% |
| Expenses | $446,053 | $468,434 | 0.0% |
| Net Income | $129,923 | $54,344 | +1.4% |
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 |
|---|---|---|---|---|---|---|
| RICHARD RUCK | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LUCINDA KELLY | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THERESA TSCHUOR | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDY RAHRIG | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $575,976 | $446,053 | $820,434 | $129,923 |
| 2024 | $522,778 | $468,434 | $783,170 | $54,344 |
| 2023 | $541,114 | $425,555 | $781,669 | $115,559 |
| 2022 | $493,325 | $481,958 | $746,130 | $11,367 |
| 2021 | $516,372 | $475,376 | $884,548 | $40,996 |
| 2020 | $504,762 | $501,556 | $860,404 | $3,206 |
| 2019 | $546,815 | $479,164 | $1,051,095 | $67,651 |
Compare LIMA ECUMENICAL HOUSING CORP with other nonprofits in Ohio and across the country.