COVINGTON VOA ELDERLY HOUSING INC

EIN: 582007287 501(c)(3) Housing & Shelter

MOBILE, AL

Total Revenue
$188,769
Total Expenses
$285,385
Total Assets
$1,082,724
Net Assets
$937,862
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
AL
Principal Officer
ROBERT ROGERS
Phone
2513003500
Tax Period
2023-07-01 to 2024-06-30

COVINGTON VOA ELDERLY HOUSING INC, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $189K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $285K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO OWN AND OPERATE A 45-UNIT APARTMENT PROJECT LOCATED IN MOBILE, ALABAMA THAT PROVIDES HOUSING AND SUPPORT SERVICES TO LOW-INCOME ELDERLY PEOPLE.

Program Service Accomplishments

Program 1
Expenses: $285,385 Revenue: $188,175

TO OWN AND OPERATE A 45-UNIT APARTMENT PROJECT LOCATED IN MOBILE, ALABAMA THAT PROVIDES HOUSING AND SUPPORT SERVICES TO LOW-INCOME ELDERLY PEOPLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $187,063
Investment Income $594
Other Revenue $1,112
TOTAL REVENUE $188,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,848
Fundraising Expenses $0
Program Expenses $285,385
Other Expenses $259,537
TOTAL EXPENSES $285,385

Year-over-Year Comparison

2023 2022 Change
Revenue $188,769 $219,018 -0.1%
Expenses $285,385 $317,447 -0.1%
Net Income $-96,616 $-98,429 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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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
7

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
$322,397
Total Directors
8
$322,397
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES YORK CHAIR 0.10
Officer Director
$0 $0 $0
GEORGE MYERS DIRECTOR 0.10
Director
$0 $0 $0
SUSAN KNIGHT DIRECTOR 0.10
Director
$0 $0 $0
KEN CUMBIE SECRETARY/ TREASURER 0.10
Officer Director
$0 $0 $0
LILLIAN DICKSON DIRECTOR 0.10
Director
$0 $0 $0
LEE METZGER DIRECTOR 0.10
Director
$0 $0 $0
ELEANOR TOLBERT DIRECTOR 0.10
Director
$0 $0 $0
ROBERT ROGERS PRESIDENT/CEO 0.10
Officer Director
$0 $48,870 $322,397
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 No data No data No data No data
2024 $188,769 $285,385 $1,082,724 $-96,616
2023 $219,018 $317,447 $1,131,423 $-98,429
2022 $178,272 $241,546 $1,163,984 $-63,274
2021 $175,029 $244,605 $1,226,553 $-69,576
2020 $175,727 $233,874 $1,289,493 $-58,147
2019 $169,448 $235,674 $1,346,453 $-66,226
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