Meadows Housing Corporation

EIN: 541541436 501(c)(3) Housing & Shelter

Charlottesville, VA

Total Revenue
$361,896
Total Expenses
$264,719
Total Assets
$1,547,774
Net Assets
$103,590
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
VA
Principal Officer
Karen Reifenberger
Phone
4348172436
Tax Period
2024-01-01 to 2024-12-31

Meadows Housing Corporation, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $263K in total revenue in fiscal year 2018.

Mission

Rental housing for the elderly.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $357,416
Investment Income $4,480
Other Revenue $0
TOTAL REVENUE $361,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $264,719
Other Expenses $264,719
TOTAL EXPENSES $264,719

Year-over-Year Comparison

2024 2023 Change
Revenue $361,896 $363,037 0.0%
Expenses $264,719 $260,787 +0.0%
Net Income $97,177 $102,250 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Frank Stoner President 1.00
Officer Director
$0 $0 $0
Sunshine Mathon Vice President 1.00
Officer Director
$0 $0 $0
David Paulson Secretary/Treasurer 1.00
Officer Director
$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 $361,896 $264,719 $1,547,774 $97,177
2023 $363,037 $260,787 $1,486,710 $102,250
2022 $348,890 $273,559 $1,434,419 $75,331
2021 $359,215 $269,867 $1,396,918 $89,348
2020 $349,678 $269,342 $1,357,233 $80,336
2019 $270,277 $250,998 $1,318,430 $19,279
2018 $262,679 $282,601 $1,340,455 $-19,922
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