ERIE COUNTY RENTALS INC

EIN: 923326744 501(c)(3) Housing & Shelter

CORRY, PA

Total Revenue
$454,240
Total Expenses
$543,936
Total Assets
$7,536,901
Net Assets
$2,343,521
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
PA
Principal Officer
BEVERLY WEAVER
Phone
8146655161
Tax Period
2025-09-08 to 2025-12-31

ERIE COUNTY RENTALS INC, founded in 2023, is a small nonprofit in the Housing & Shelter sector that reported $454K in total revenue in fiscal year 2025. Expenses of $544K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO INCREASE, SUSTAIN, AND DEVELOP AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND MIDDLE INCOME INDIVIDUALS AND FAMILIES WITHIN ERIE COUNTY.

Program Service Accomplishments

Program 1
Expenses: $477,224 Revenue: $216,832

TO INCREASE, SUSTAIN, AND DEVELOP AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND MIDDLE INCOME INDIVIDUALS AND FAMILIES WITHIN ERIE COUNTY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $226,310
Program Service Revenue $216,832
Investment Income $9,677
Other Revenue $1,421
TOTAL REVENUE $454,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $477,224
Other Expenses $543,936
TOTAL EXPENSES $543,936

Year-over-Year Comparison

2025 2024 Change
Revenue $454,240 N/A N/A
Expenses $543,936 N/A N/A
Net Income $-89,696 N/A N/A
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
5

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
$158,417
Total Directors
6
$158,417
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRI HEASLEY PRESIDENT 1.00
Officer Director
$0 $0 $0
REVEREND DR JOHN DOWNEY VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVE ROBINSON MEMBER 1.00
Director
$0 $0 $0
JENNIE HAGERTY MEMBER 1.00
Director
$0 $0 $0
TINA FREEMAN MEMBER 1.00
Director
$0 $0 $0
BEVERLY WEAVER SECRETARY/TREASURER 1.00
Officer Director
$0 $7,969 $158,417
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 $454,240 $543,936 $7,536,901 $-89,696
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