Elder Housing Llc
Elder Housing Llc shows consistent revenue but recent asset reporting raises transparency questions.
EIN: 201034873 · Flint, MI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $8.2M |
| Program Spending | 95% |
| Transparency Score | 65/100 |
Is Elder Housing Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elder Housing Llc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elder Housing Llc
Elder Housing Llc (EIN: 201034873) is a nonprofit organization based in Flint, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elder Housing Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elder Housing Llc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.4M |
| Total Expenses | $8.2M |
| Surplus / Deficit | +$119K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 1.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2014, Elder Housing Llc reported a surplus of $119K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2011–2014), Elder Housing Llc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -0.2% | +3.3% | -100.0% |
| 2013 | +40.1% | +31.2% | -1.0% |
| 2012 | -20.2% | -23.4% | -13.0% |
| 2012 | -6.0% | +1.2% | -9.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elder Housing Llc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Elder Housing Llc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $119K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a volunteer-led organization or that executive compensation is not being disclosed in the standard section of the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Elder Housing Llc's IRS 990 filings:
- Discrepancy in asset and liability reporting in the latest filing ($0) compared to previous years (millions).
- Unknown NTEE code, hindering clear understanding of programmatic focus.
- No reported officer compensation, which could indicate a lack of transparency or an unusual operational model for an organization of this revenue size.
Strengths
The following positive indicators were identified for Elder Housing Llc:
- Consistent generation of significant revenue, indicating financial activity.
- Expenses generally align with revenue, suggesting operational stability (e.g., 2014 revenue $8,357,814 vs. expenses $8,238,542).
- Likely high program spending given the absence of reported fundraising or officer compensation, implying a focus on mission-related activities.
Frequently Asked Questions about Elder Housing Llc
Is Elder Housing Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elder Housing Llc (EIN: 201034873) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Elder Housing Llc spend its money?
Elder Housing Llc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elder Housing Llc tax-deductible?
Elder Housing Llc is registered as a tax-exempt nonprofit (EIN: 201034873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elder Housing Llc located?
Elder Housing Llc is headquartered in Flint, Michigan and files with the IRS under EIN 201034873.
How many years of IRS 990 filings does Elder Housing Llc have?
Elder Housing Llc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why are assets and liabilities reported as $0 in the 201412 filing, despite significant figures in prior years?
The discrepancy between the 201412 filing showing $0 assets and liabilities and previous filings (e.g., 201312 with $14,572,534 in assets and $16,978,544 in liabilities) requires clarification to understand the organization's true financial position.
What is the organization's NTEE code and specific programmatic activities?
The NTEE code is currently unknown, making it difficult to assess the specific mission and impact of Elder Housing Llc in the context of its stated purpose.
How does Elder Housing Llc manage its operations without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer-run leadership or that compensation is being reported under a different category, which impacts transparency regarding leadership costs.
Filing History
IRS 990 filing history for Elder Housing Llc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2014), Elder Housing Llc's revenue has grown by 4.9%, moving from $8.0M to $8.4M. Total assets decreased by 100% over the same period, from $18.8M to $0. Total functional expenses rose by 5.1%, from $7.8M to $8.2M. In its most recent filing year (2014), Elder Housing Llc reported a surplus of $119K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $8.4M | $8.2M | $0 | $0 | — | View 990 |
| 2013 | $8.4M | $8.0M | $14.6M | $17.0M | — | View 990 |
| 2012 | $6.0M | $6.1M | $14.7M | $17.6M | — | View 990 |
| 2012 | $7.5M | $7.9M | $16.9M | $19.5M | — | View 990 |
| 2011 | $8.0M | $7.8M | $18.8M | $20.9M | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $8.4M, expenses of $8.2M, and assets of $0 (revenue -0.2% year-over-year).
- 2013: Revenue of $8.4M, expenses of $8.0M, and assets of $14.6M (revenue +40.1% year-over-year).
- 2012: Revenue of $6.0M, expenses of $6.1M, and assets of $14.7M (revenue -20.2% year-over-year).
- 2012: Revenue of $7.5M, expenses of $7.9M, and assets of $16.9M (revenue -6.0% year-over-year).
- 2011: Revenue of $8.0M, expenses of $7.8M, and assets of $18.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elder Housing Llc:
Data Sources and Methodology
This transparency report for Elder Housing Llc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.