ELDERLY HOUSING MANAGEMENT CORP

EIN: 593758096 501(c)(3) Housing & Shelter

JACKSONVILLE BEACH, FL

Total Revenue
$1,727,096
Total Expenses
$1,585,602
Total Assets
$791,291
Net Assets
$738,890
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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
2004
Legal Domicile
FL
Principal Officer
DAVID LINGER
Tax Period
2022-07-01 to 2023-06-30

ELDERLY HOUSING MANAGEMENT CORP, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2022. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 8% surplus.

Mission

PROVIDING MANAGEMENT SERVICES TO BEACHES CHRISTIAN SERVICE CORP INC AND BEACHES ELDERLY HOUSING CORP, FLORIDA NOT FOR PROFIT CORPORATIONS AND ORGANIZATIONS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER 501C3. BEACHES CHRISTIAN CORP AND BEACHES ELDERLY HOUSING OWN AND OPERATE APARTMENT COMPLEXES PROVIDING HOUSING FOR RENT TO LOW INCOME ELDERLY PERSONS AS DEFINED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,726,000
Program Service Revenue $0
Investment Income $1,096
Other Revenue $0
TOTAL REVENUE $1,727,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,514,798
Fundraising Expenses $0
Program Expenses $1,319,495
Other Expenses $70,804
TOTAL EXPENSES $1,585,602

Year-over-Year Comparison

2022 2021 Change
Revenue $1,727,096 $1,593,049 +0.1%
Expenses $1,585,602 $1,524,952 +0.0%
Net Income $141,494 $68,097 +1.1%
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
9
Independent Members
9
Employees
54
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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNA SHEA BOWDEN SECRETARY N/A
Officer Director
$0 $0 $0
BARRY CHANDLER DIRECTOR N/A
Director
$0 $0 $0
SANDY COSTON DIRECTOR N/A
Director
$0 $0 $0
MELISSA GILREATH DIRECTOR N/A
Director
$0 $0 $0
MELANIE HERRING DIRECTOR N/A
Director
$0 $0 $0
MURRAY LEWIS DIRECTOR N/A
Director
$0 $0 $0
SUE LICKFIELD DIRECTOR N/A
Director
$0 $0 $0
DAVID LINGER PRESIDENT N/A
Officer Director
$0 $0 $0
JOHN SHEA TREASURER N/A
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,727,096 $1,585,602 $791,291 $141,494
2022 $1,593,049 $1,524,952 $651,640 $68,097
2021 $1,543,416 $1,888,183 $595,700 $-344,767
2020 $1,450,085 $1,386,540 $912,844 $63,545
2019 $1,433,367 $1,369,036 $838,084 $64,331
2018 $1,440,354 $1,362,508 $759,655 $77,846
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