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Elderly Housing Dev & Operations

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650665009 ✦ Plantation, FL ✦ Designated as a 501(c)(3)

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Overview

What is Elderly Housing Dev & Operations?

Elderly Housing Development & Operations is a nonprofit organization situated in Plantation, Florida. Their primary focus is to manage the day-to-day operations of housing projects regulated by the Department of Housing & Urban Development (HUD). They also form partnerships with other housing projects and actively develop new projects to expand their capacity in providing low-income housing. By establishing additional projects, they aim to broaden their reach and provide more housing solutions for those in need. The organization, with a team of 43 employees, is dedicated to making a significant impact in the community by improving affordable housing options.


Official website here: www.ehdoc.org

Is Elderly Housing Dev & Operations legitimate?

Elderly Housing Dev & Operations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderly Housing Dev & Operations 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: $495,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,535,288

For more financial information, click here


Official website here: www.ehdoc.org

What is the mission statement of Elderly Housing Dev & Operations?

Elderly Housing Development and Operations is committed to managing the day-to-day operations of housing projects regulated by the Department of Housing and Urban Development (HUD). The organization also sponsors these housing projects and works on developing new projects to expand its capacity in providing low-income housing. By taking on these projects, Elderly Housing Development and Operations aims to contribute to the provision of affordable housing solutions, helping to meet the needs of individuals with limited financial resources. The organization's activities are focused on ensuring compliance with HUD regulations and working towards the expansion of its low-income housing offerings through new project developments.


Official website here: www.ehdoc.org

Who is the CEO of Elderly Housing Dev & Operations?

Melanie Ribeiro is the President & of Elderly Housing Dev & Operations.


Official website here: www.ehdoc.org

What is the revenue of Elderly Housing Dev & Operations?

Elderly Housing Dev & Operations's revenue in 2022 was $7,823,103.


Official website here: www.ehdoc.org

Who are the executives of Elderly Housing Dev & Operations and what are their salaries?

The average compensation at Elderly Housing Dev & Operations during 2022 was $47,228. There are 43 employees at Elderly Housing Dev & Operations.


Here are 19 key members and their salaries:


Melanie Ribeiro (President &)
  • Compensation: $296,416
  • Related: $0
  • Other: $110,501
Roland Broussard (Vp Of Develo)
  • Compensation: $140,758
  • Related: $0
  • Other: $66,870
Irene Phillips (Cfo)
  • Compensation: $146,433
  • Related: $0
  • Other: $48,324
John Olsen (Director)
  • Compensation: $26,541
  • Related: $0
  • Other: $4,777
Edward L Romero (1St Vice Pre)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Mary Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cordone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Dean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Feingold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Fransetta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo W Gerard (2Nd Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulo Melo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Moret (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Schmelzer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Shelton (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ehdoc.org

Where can I find the form 990 for Elderly Housing Dev & Operations?

Elderly Housing Dev & Operations's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ehdoc.org

Learn more at the official website: www.ehdoc.org

Mission Statement of Elderly Housing Dev & Operations

Elderly Housing Development & Operations, as an organization, is dedicated to managing the daily operations of housing projects that are regulated by the Department of Housing & Urban Development (HUD). Beyond this, the nonprofit also invests in sponsorships with other housing projects and develops new projects to expand its capacity in providing low-income housing. By doing so, Elderly Housing Development & Operations aims to contribute significantly to the housing sector, ensuring that those in need have access to suitable living spaces. The organization's mission is centered around the management and expansion of affordable housing opportunities for individuals in need, thereby making a positive impact on their lives.

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Impact




October, 2024

Elderly Housing Development & Operations plays a crucial role in enhancing the living conditions for low-income seniors by expertly managing housing projects that meet the stringent regulations of the Department of Housing and Urban Development (HUD). By overseeing day-to-day operations, the organization ensures that these housing facilities are not only compliant but also well-maintained and responsive to the needs of residents.

Moreover, Elderly Housing Development & Operations is actively involved in the development of new housing projects, which significantly increases the availability of affordable housing options for elderly individuals. This expansion is essential in addressing the growing demand for affordable housing, particularly as the population ages and more seniors seek safe, secure, and affordable living arrangements.

The impact of this organization extends beyond mere housing provision; it fosters a sense of community and support among residents, helping to combat loneliness and improve overall quality of life for the elderly. By prioritizing low-income housing, the organization contributes to social equity, ensuring that vulnerable populations have access to essential housing resources and supportive environments. Through its multifaceted approach, Elderly Housing Development & Operations effectively addresses critical housing challenges faced by seniors, promoting their dignity and well-being.




This information is meant to be a general summary of Elderly Housing Dev & Operations. 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.

Revenue
$7,823,103 (2022)
Expenses
$5,311,891 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $384,452
  • Program Service Revenue: $5,477,615
  • Gross Receipts: $7,823,103

Assets and Liabilities:

  • Total Assets: $58,992,114
  • Total Liabilities: $6,045,010
  • Net Assets: $52,947,104

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$2,892,356

DEVELOPER FEES

Revenue

$1,663,950

ACCOUNTING FEES

Revenue

$355,383

COORDINATOR ADMIN FEES

Revenue

$196,257

TENANT ASSISTANCE PAYMENTS

Revenue

$178,095

Organization Details

Founding Year

1996

Principal Officer

Melanie Ribeiro

Main Address

1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324

NTEE Category

Code: L20 - Housing

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