VETERANS HOUSING SOLUTIONS INC

EIN: 833190697 501(c)(3) Public & Societal Benefit

STRONGSVILLE, OH

Total Revenue
$588,864
Total Expenses
$495,797
Total Assets
$268,585
Net Assets
$158,168
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
OH
Principal Officer
RUSSELL S RHODA
Phone
2162805824
Tax Period
2024-01-01 to 2024-12-31

VETERANS HOUSING SOLUTIONS INC, founded in 2019, is a small nonprofit in the Public & Societal Benefit sector that reported $589K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 16% operating margin.

Mission

Provide housing solutions to US Military Veterans and families in need through ADA, safety, and energy saving modifications. Create housing for low to moderate income homeless Veterans. Assist veteran organizations.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $523,435
Program Service Revenue $0
Investment Income $41,559
Other Revenue $23,870
TOTAL REVENUE $588,864

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $23,636
Program Expenses $415,802
Other Expenses $495,797
TOTAL EXPENSES $495,797

Year-over-Year Comparison

2024 2023 Change
Revenue $588,864 $368,045 +0.6%
Expenses $495,797 $366,442 +0.4%
Net Income $93,067 $1,603 +57.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
5
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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSSELL SCOT RHODA CEO 050.00
Officer Director
$0 $0 $0
CARRIE TILLEY CHAIRPERSON 008.00
Director
$0 $0 $0
CATHYT THOMAS VICE CHAIRPERSON 008.00
Director
$0 $0 $0
JAMES FRETWELL COO 030.00
Officer Director
$0 $0 $0
BRANDY HUGHES CFO/CCO 020.00
Director
$0 $0 $0
LIZ MYERS DIR OF FUNDRAISING 015.00
Officer Director
$0 $0 $0
DAVE YANCEY DIR OF TRANSPORTATION 015.00
Director
$0 $0 $0
ANNETTE TIBBS BOARD MEMBER 015.00
Director
$0 $0 $0
AJ THOMPSON BOARD MEMBER 015.00
Director
$0 $0 $0
MILTON SMITH BOARD MEMBER 015.00
Director
$0 $0 $0
FRANK SOBOCHAN BOARD MEMBER 015.00
Director
$0 $0 $0
TIM SOPKOVICH BOARD MEMBER 015.00
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 $588,864 $495,797 $268,585 $93,067
2022 $250,834 $267,511 $210,571 $-16,677
2021 $221,215 $171,132 $80,175 $50,083
2020 $163,924 $184,132 $52,900 $-20,208
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VETERANS HOUSING SOLUTIONS INC with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.