RICHMOND, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ELDERHOMES CORPORATION, founded in 1992, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.1M in total revenue in fiscal year 2018. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $11.6M left a modest 4% surplus.
OUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DISABLED, AND LOW-INCOME PERSONS IN RICHMOND AND SURROUNDING LOCALITIES.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $27,082,665 | $25,889,049 | +0.0% |
| Expenses | $26,474,469 | $25,037,384 | +0.1% |
| Net Income | $608,196 | $851,665 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| DANA BALLENGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ART BOWEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN FRANK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE GARRETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ARETHA HARRIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REBECCA MCNAMARA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HUNTER SNELLINGS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA TROTTA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA VAUGHAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN A BENHAM SR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN TULL | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN THANIEL | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BILLY TRIGG | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE HOUSEHOLDER | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$225,695 | $19,721 | $245,416 |
| SHELIA WALTERS | CHIEF FINANCIAL OFFICER - ENDED 5/25 | 40.00 |
Officer
|
$163,226 | $17,254 | $180,480 |
| MARION CAKE | VP AFFORDABLE HOUSING | 40.00 |
Key Emp
|
$152,576 | $16,776 | $169,352 |
| BRYAN BURRIS | VP ENERGY CONSERVATION | 40.00 |
Highest
|
$138,306 | $16,163 | $154,469 |
| MATT HINKLE | VP OPERATIONS | 40.00 |
Highest
|
$119,811 | $21,081 | $140,892 |
| MATT MORGAN | DIRECTOR OF AFFORDABLE HOU | 40.00 |
Highest
|
$114,994 | $15,383 | $130,377 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $27,082,665 | $26,474,469 | $19,225,332 | $608,196 |
| 2024 | $25,889,049 | $25,037,384 | $19,513,548 | $851,665 |
| 2023 | $23,573,654 | $22,674,031 | $17,850,876 | $899,623 |
| 2022 | $21,894,456 | $18,770,592 | $14,660,799 | $3,123,864 |
| 2021 | $15,193,147 | $13,714,549 | $10,487,252 | $1,478,598 |
| 2020 | $15,243,546 | $14,367,193 | $10,626,700 | $876,353 |
| 2019 | $12,146,960 | $11,617,103 | $8,693,589 | $529,857 |
Compare ELDERHOMES CORPORATION with other nonprofits in Virginia and across the country.