Overview
What is Elderly Housing Management Inc?
Elderly Housing Management Inc, a nonprofit corporation based in North Haven, Connecticut, excels in managing low and moderate-income elderly housing complexes. Their mission encompasses providing essential management services to ensure the well-being and comfort of elderly residents. Established to cater to the unique needs of this demographic, they employ a team of 246 individuals dedicated to the cause. Their work goes beyond just managing buildings, as they engage in various related activities to enhance the living experience for the elderly occupants.
Official website here: www.ehmchm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Elderly Housing Management Inc has achieved a remarkable Four-Star rating from Charity Navigator, with an overall score of 96%. This high rating reflects the organization's strong commitment to accountability and financial transparency. The rating is based solely on the Accountability & Finance beacon, indicating that the charity meets rigorous standards in these areas.
The organization excels in governance, boasting a board comprised entirely of independent members. This structure promotes impartiality and effective oversight, contributing to the charity's integrity. Other notable strengths include a robust audit and oversight committee, transparent financial statements, and comprehensive policies regarding conflicts of interest and whistleblowing.
While the data highlights many strengths, it does not address program effectiveness or impact, which are crucial for a complete evaluation of the organization’s overall performance. Nonetheless, the financial health and governance practices suggest that Elderly Housing Management Inc is a trustworthy nonprofit dedicated to serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Elderly Housing Management Inc legitimate?
Elderly Housing Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderly Housing Management Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $400,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,422,089
For more financial information, click here
Official website here: www.ehmchm.org
What is the mission statement of Elderly Housing Management Inc?
Elderly Housing Management Inc is a nonprofit corporation dedicated to managing low and moderate-income elderly housing complexes. Their mission is to provide essential management services for these facilities, ensuring the well-being of elderly residents. The organization's activities go beyond mere management, encompassing various tasks related to the operation and maintenance of these housing projects for the elderly population. In summary, Elderly Housing Management Inc focuses on enhancing the living conditions and ensuring the proper management of affordable housing for the elderly community.
Official website here: www.ehmchm.org
Who is the CEO of Elderly Housing Management Inc?
Kelly Mcdermott is the CEO of Elderly Housing Management Inc The CEO's salary of Elderly Housing Management Inc is $0 and their total compensation is $0.
Official website here: www.ehmchm.org
What is the revenue of Elderly Housing Management Inc?
Elderly Housing Management Inc's revenue in 2023 was $13,132,673.
Official website here: www.ehmchm.org
Who are the executives of Elderly Housing Management Inc and what are their salaries?
The average compensation at Elderly Housing Management Inc during 2023 was $7,092. There are 257 employees and 12 volunteers at Elderly Housing Management Inc.
Here are 20 key members and their salaries (Elderly Housing Management Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $126,146
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- Other: $11,796
- Compensation: $115,250
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- Other: $17,613
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- Compensation: $128,059
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- Other: $18,382
- Compensation: $154,973
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- Other: $4,649
- Compensation: $115,323
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- Other: $17,618
- Compensation: $103,536
- Related: $0
- Other: $16,940
- Compensation: $235,071
- Related: $0
- Other: $0
Official website here: www.ehmchm.org
Where can I find the form 990 for Elderly Housing Management Inc?
Elderly Housing Management Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ehmchm.org
Learn more at the official website: www.ehmchm.org
Mission Statement of Elderly Housing Management Inc
Elderly Housing Management Inc, a nonprofit corporation, is dedicated to managing low and moderate-income elderly housing complexes. Its mission is to ensure the smooth operation of these facilities and related activities. By providing management services, Elderly Housing Management, Inc. aims to create comfortable and safe living environments for the elderly population. The organization's commitment extends beyond merely managing these complexes; it also engages in various related activities to support the elderly residents. Through its management efforts, Elderly Housing Management, Inc. strives to maintain the affordability and accessibility of these housing projects for the elderly community.
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Impact
October, 2024
Elderly Housing Management Inc significantly impacts low and moderate-income elderly communities by providing essential management and related services for housing projects. Their focus on low-income elderly housing complexes ensures that senior residents have access to safe, affordable living environments that cater to their specific needs. By overseeing these properties, Elderly Housing Management Inc enhances the quality of life for elderly residents through effective management practices, maintaining facilities, and fostering supportive communities. Their work not only addresses housing needs but also promotes dignity and independence among elderly individuals, contributing to the overall well-being of the population they serve in North Haven, CT, and surrounding areas.
This information is meant to be a general summary of Elderly Housing Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,896
- Program Service Revenue: $13,122,916
- Gross Receipts: $13,134,224
Assets and Liabilities:
- Total Assets: $2,404,955
- Total Liabilities: $1,018,344
- Net Assets: $1,386,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY COST REIMBURSEMENT
Revenue
$10,189,384
MANAGEMENT AND BOOKKEEPING
Revenue
$2,760,740
PROGRAM INCOME
Revenue
$172,792
Organization Details
Founding Year
1982
Principal Officer
Kelly Mcdermott
Website
www.ehmchm.orgNTEE Category
Code: L22 - Housing
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