SARASOTA HOUSING MANAGEMENT CORPORATION

EIN: 881141144 501(c)(3) Housing & Shelter

SARASOTA, FL

Total Revenue
$44,207
Total Expenses
$36,076
Total Assets
$37,257
Net Assets
$22,086
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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
2022
Legal Domicile
FL
Principal Officer
WILLIAM O RUSSELL III
Phone
9413616210
Tax Period
2024-04-01 to 2025-03-31

SARASOTA HOUSING MANAGEMENT CORPORATION, founded in 2022, is a micro nonprofit in the Housing & Shelter sector that reported $44K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 18% operating margin.

Mission

TO PROVIDE PROPERTY MANAGEMENT SERVICES.

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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 $0
Program Service Revenue $44,207
Investment Income $0
Other Revenue $0
TOTAL REVENUE $44,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,626
Fundraising Expenses $0
Program Expenses $27,796
Other Expenses $19,450
TOTAL EXPENSES $36,076

Year-over-Year Comparison

2024 2023 Change
Revenue $44,207 $34,580 +0.3%
Expenses $36,076 $33,029 +0.1%
Net Income $8,131 $1,551 +4.2%
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
1
Independent Members
1
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
$200,571
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN COLON VICE CHAIR 1.00
Director
$0 $0 $0
JACK MEREDITH DIRECTOR 1.00
Officer Director
$0 $0 $0
PHILIP DIMARIA JR DIRECTOR 1.00
Director
$0 $0 $0
NICOLE ROMAN DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN MASON DIRECTOR 1.00
Director
$0 $0 $0
ERNESTINE TAYLOR CHAIR 1.00
Officer Director
$0 $0 $0
DAVID MORGAN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM RUSSELL EXECUTIVE DIRECTOR 1.00
Officer
$0 $0 $200,571
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 $44,207 $36,076 $37,257 $8,131
2024 $34,580 $33,029 $46,984 $1,551
2023 $12,404 No data $12,404 No data
2022 No data No data No data No data
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