LEGAL COUNSEL FOR THE ELDERLY

EIN: 521194741 501(c)(3)

WASHINGTON, DC

Total Revenue
$11,621,886
Total Expenses
$9,953,696
Total Assets
$101,290,160
Net Assets
$99,212,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
DC
Principal Officer
RHONDA CUNNINGHAM HOLMES
Phone
2024346755
Tax Period
2024-01-01 to 2024-12-31

LEGAL COUNSEL FOR THE ELDERLY, founded in 1980, is a mid-sized nonprofit that reported $11.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $10.0M left a modest 14% surplus.

Mission

LEGAL COUNSEL FOR THE ELDERLY (LCE) CHAMPIONS THE DIGNITY AND RIGHTS OF LOW-INCOME D.C. RESIDENTS AGED 60 AND OLDER BY PROVIDING FREE LEGAL AND SOCIAL SERVICES TO DEFEND, PROTECT AND EMPOWER VULNERABLE SENIORS. LCE ACCOMPLISHES ITS MISSION BY PROMOTING ECONOMIC AND HEALTHCARE SECURITY, SUPPORTING AND ADVOCATING FOR TENANTS, PREVENTING AND DEFENDING AGAINST CONSUMER FRAUD AND FINANCIAL ABUSE (PARTICULARLY FOR HOMEOWNERS) AND RESOLVING COMPLAINTS AND ENSURING PROPER CARE FOR RESIDENTS IN LONG-TERM CARE FACILITIES.

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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 $8,753,413
Program Service Revenue $0
Investment Income $2,860,724
Other Revenue $7,749
TOTAL REVENUE $11,621,886

Expense Breakdown

Grants Paid $150,019
Salaries & Benefits $8,739,591
Fundraising Expenses $290,518
Program Expenses $8,338,998
Other Expenses $1,064,086
TOTAL EXPENSES $9,953,696

Year-over-Year Comparison

2024 2023 Change
Revenue $11,621,886 $10,079,617 +0.2%
Expenses $9,953,696 $8,822,602 +0.1%
Net Income $1,668,190 $1,257,015 +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

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Governance

Voting Members
13
Independent Members
10
Employees
83
Volunteers
78

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
4
$942,563
Total Directors
13
$1,881,494
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN DONNELLAN MEMBER/ AARP EVP & CHIEF O 1.00
Director
$0 $64,466 $694,621
KRISTIN DILLON MEMBER / AARP SVP 1.00
Director
$0 $68,588 $581,266
EDNA KANE-WILLIAMS SECRETARY / AARP EVP 1.00
Officer Director
$0 $57,075 $605,607
PATRICE J HARRIS MEMBER 1.00
Director
$0 $0 $0
RICHARD F RILEY JR TREASURER 1.00
Officer Director
$0 $0 $0
PETER R KOLKER MEMBER 1.00
Director
$0 $0 $0
SARA KROPF MEMBER 1.00
Director
$0 $0 $0
JOSEPH M KOLAR MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MITCHELL MEMBER 1.00
Director
$0 $0 $0
WILLIAM A ISAACSON MEMBER 1.00
Director
$0 $0 $0
DANIEL A CANTOR MEMBER 1.00
Director
$0 $0 $0
KAREN ELLIS CARR BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MEREDITH FUCHS MEMBER 1.00
Director
$0 $0 $0
RHONDA CUNNINGHAM HOLMES EXECUTIVE DIRECTOR 40.00
Officer
$287,467 $49,489 $336,956
TINA NELSON MGR - LEGAL AID ATTORNEY 40.00
Highest
$180,379 $42,554 $222,933
MARK MILLER DIRECTOR - LTC OMB 40.00
Highest
$192,451 $35,180 $227,631
JOANNE SAVAGE MGR - LEGAL AID ATTORNEY 40.00
Highest
$161,301 $22,645 $183,946
WILLIAM M FETTWEIS DIRECTOR - DEVELOPMENT & C 40.00
Highest
$166,852 $31,971 $198,823
PAUL RYBERG DIRECTOR - FINANCE & OPERATIONS 40.00
Highest
$142,198 $26,854 $169,052
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 $11,621,886 $9,953,696 $101,290,160 $1,668,190
2023 $10,079,617 $8,822,602 $89,972,925 $1,257,015
2023 $10,079,617 $8,822,602 $89,972,925 $1,257,015
2022 $3,913,676 $8,017,200 $78,378,271 $-4,103,524
2022 $3,913,676 $8,017,200 $78,378,271 $-4,103,524
2021 $10,265,628 $7,149,694 $92,264,920 $3,115,934
2020 $66,913,128 $6,736,570 $81,512,424 $60,176,558
2019 $7,483,077 $6,766,719 $19,316,308 $716,358
2018 $7,364,762 $6,261,032 $16,331,414 $1,103,730
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