Teamster Retiree Apartments Ellet Inc

EIN: 341263697

Lyndhurst, OH

Total Revenue
$176,768
Total Expenses
N/A
Total Assets
$3,829,004
Net Assets
$3,829,004
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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
1979
Legal Domicile
OH
Phone
2163608253
Tax Period
2023-01-01 to 2023-12-31

Teamster Retiree Apartments Ellet Inc, founded in 1979, is a small nonprofit that reported $177K in total revenue in fiscal year 2023.

Mission

To promote safe, affordable housing for the elderly and handicapped that qualify for low income housing

Program Service Accomplishments

Program 1

Provide financing for affordable housing projects that promote housing for the elderly and handicapped that qualify for low income housing.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $176,768
Other Revenue $0
TOTAL REVENUE $176,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $176,768 $168,608 +0.0%
Expenses N/A N/A N/A
Net Income N/A $168,608 N/A
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John J Joyce President 1.00
Officer
$0 $0 $0
John J Joyce Jr Vice President, Treas 1.00
Officer
$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
2024 No data No data No data No data
2023 $176,768 No data $3,829,004 No data
2022 $168,608 No data $3,652,236 No data
2021 $160,823 No data $3,483,628 No data
2020 $153,399 No data $3,322,805 No data
2019 $146,318 No data $3,169,406 No data
2018 $139,563 No data $3,023,088 No data
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