RETIREE HOUSING OF BIRMINGHAM INC C/O RHM REAL ESTATE GROUP

EIN: 581797084 501(c)(3) Housing & Shelter

LYNDHURST, OH

Total Revenue
$424,163
Total Expenses
$425,389
Total Assets
$474,094
Net Assets
$-639,139
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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
1988
Legal Domicile
OH
Phone
2163608333
Tax Period
2024-07-01 to 2025-06-30

RETIREE HOUSING OF BIRMINGHAM INC C/O RHM REAL ESTATE GROUP, founded in 1988, is a small nonprofit in the Housing & Shelter sector that reported $424K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

TO PROVIDE HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED PERSONS

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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 $336,258
Program Service Revenue $87,844
Investment Income $61
Other Revenue $0
TOTAL REVENUE $424,163

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,596
Fundraising Expenses $0
Program Expenses $415,246
Other Expenses $377,793
TOTAL EXPENSES $425,389

Year-over-Year Comparison

2024 2023 Change
Revenue $424,163 $477,485 -0.1%
Expenses $425,389 $499,001 -0.1%
Net Income $-1,226 $-21,516 -0.9%
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
3
Independent Members
N/A
Employees
3
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT 1.00
Officer
$0 $0 $0
N/A OFFICER 1.00
Officer
$0 $0 $0
N/A OFFICER 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
2025 $424,163 $425,389 $474,094 $-1,226
2024 $477,485 $499,001 $550,684 $-21,516
2023 $428,356 $418,265 $599,990 $10,091
2022 $444,091 $434,826 $634,624 $9,265
2021 $436,937 $419,942 $635,790 $16,995
2020 $426,320 $412,831 $659,753 $13,489
2019 $389,095 $416,465 $694,954 $-27,370
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