ELY SENIOR HOUSING DEVELOPMENT CORP C/O CHUCK MURRAY (EIN 421253266) - 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

1985

Legal Domicile

Principal Officer

CHUCK MURRAY

Phone

5152216488

Tax Period

2023-09-01 to 2024-08-31

ELY SENIOR HOUSING DEVELOPMENT CORP C/O CHUCK MURRAY, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $102K in total revenue in fiscal year 2023. Expenses of $94K left a modest 8% surplus.

Mission

SENIOR CITIZEN 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $100,219

Investment Income $633

Other Revenue $1,007

TOTAL REVENUE $101,859

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,420

Fundraising Expenses $0

Program Expenses $93,523

Other Expenses $84,103

TOTAL EXPENSES $93,523

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,859	$95,466	+0.1%
Expenses	$93,523	$83,261	+0.1%
Net Income	$8,336	$12,205	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHUCK MURRAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
KATHY WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
SUE PAIGE	DIRECTOR	1.00	Director	$0	$0	$0
REV BRIAN MIDDLESWORTH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHLEEN BANOWETZ	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN JACOBSON	TREASURER	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	$101,859	$93,523	$287,765	$8,336
2023	$95,466	$83,261	$296,382	$12,205
2022	$150,711	$81,237	$299,855	$69,474
2021	$98,539	$66,537	$244,920	$32,002
2020	$89,123	$95,439	$232,234	$-6,316
2019	$88,545	$78,814	$242,299	$9,731

ELY SENIOR HOUSING DEVELOPMENT CORP C/O CHUCK MURRAY