nonprofit logo

Elderhomes Corporation

Project Homes

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

EIN: 541595851 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is Elderhomes Corporation?

Elderhomes Corporation, also known as Project Homes, is a nonprofit organization based in Richmond, Virginia. With a team of 60 employees, their mission is dedicated to enhancing the housing and living conditions for elderly, disabled, and low-income individuals in the local community. Through their Weatherization Program, they provide essential energy conservation services and emergency home repairs. The organization strives to ensure the elderly and economically disadvantaged population in Richmond and its surrounding areas can live comfortably and safely in their homes.


Official website here: www.projecthomes.org

Is Elderhomes Corporation legitimate?

Elderhomes Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderhomes Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $388,395
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,061,838

For more financial information, click here


Official website here: www.projecthomes.org

What is the mission statement of Elderhomes Corporation?

The Elderhomes Corporation is dedicated to enhancing the housing and living conditions for the elderly, disabled, and low-income population. Their mission is geared towards improving the quality of life for this demographic in local communities. The corporation offers energy conservation weatherization services and emergency home repairs to those in need. Through these initiatives, Elderhomes Corporation aims to provide essential assistance, ensuring the living environments of vulnerable individuals are safe and functional.


Official website here: www.projecthomes.org

Who is the CEO of Elderhomes Corporation?

Lee Householder is the Chairman of Elderhomes Corporation.


Official website here: www.projecthomes.org

What is the revenue of Elderhomes Corporation?

Elderhomes Corporation's revenue in 2023 was $23,573,654.


Official website here: www.projecthomes.org

Who are the executives of Elderhomes Corporation and what are their salaries?

The average compensation at Elderhomes Corporation during 2023 was $57,504. There are 60 employees and 1,000 volunteers at Elderhomes Corporation.

Here are 19 key members and their salaries:

    Lee Householder (Executive Director)
  • Compensation: $207,845
  • Related: $0
  • Other: $19,764

    • Shelia Walters (Finance Officer)
  • Compensation: $147,071
  • Related: $0
  • Other: $14,605

    • Kerri Walker (Vp Energy Conservation)
  • Compensation: $137,851
  • Related: $0
  • Other: $14,886

    • Marion Cake (Vp Affordable Housing)
  • Compensation: $131,875
  • Related: $0
  • Other: $14,647

    • Matt Hinkle (Vp Operations)
  • Compensation: $108,554
  • Related: $0
  • Other: $13,714

    • John Tull (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Thaniel (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy Trigg (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Garrett (Member @ Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Champion (Member @ Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Ballenger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Art Bowen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Agustin Bravo-Acosta (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Frank (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aretha Harris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Mcnamara (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hunter Snellings (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Trotta (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Vaughan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.projecthomes.org

    Where can I find the form 990 for Elderhomes Corporation?

    The Elderhomes Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.projecthomes.org

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

    Mission Statement of Elderhomes Corporation

    Elderhomes Corporation, a mission-driven organization, strives to enhance the housing and living conditions for elderly, disabled, and low-income individuals in their local communities. By providing essential services, Elderhomes aims to improve the quality of life for those who may face challenges in maintaining their homes.

    The organization's primary focus lies in implementing energy conservation weatherization services and emergency home repairs for elderly and low-income residents. Through this initiative, Elderhomes Corporation addresses the unique needs of these individuals, ensuring their homes are safe, comfortable, and energy-efficient. By addressing the energy needs of their clients, Elderhomes Corporation helps to lower the overall living expenses for those in need, allowing them to allocate their resources to other essential expenses.

    Additionally, Elderhomes Corporation's weatherization program encompasses a range of services tailored to the specific needs of the elderly and low-income population. These services may include insulation, air sealing, and the installation of energy-efficient appliances, among others. By implementing these measures, Elderhomes Corporation not only helps to improve the living conditions of their clients but also contributes to reducing their carbon footprint and promoting sustainability.

    In conclusion, Elderhomes Corporation is a dedicated organization that works tirelessly to improve the housing and living conditions of elderly, disabled, and low-income individuals. Through their weatherization program, they provide essential energy conservation services and emergency home repairs, making a significant difference in the lives of those they serve.

    Impact

    This information is meant to be a general summary of Elderhomes Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Elderhomes Corporation plays a vital role in improving the housing and living conditions of elderly, disabled, and low-income individuals in Richmond and surrounding areas. Through its weatherization program, the organization provides energy conservation services and emergency home repairs to those in need. By focusing on enhancing the quality of housing for vulnerable populations, Elderhomes Corporation contributes to promoting a safer and more comfortable living environment for those who are often marginalized in society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $70,940
  • Program Service Revenue: $4,129,637
  • Gross Receipts: $23,573,654

    • Assets and Liabilities:
  • Total Assets: $17,850,876
  • Total Liabilities: $2,276,929
  • Net Assets: $15,573,947
  • Programs

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

    HOUSING REVENUE

    Revenue

    $3,935,492

    CONSERVATION STRATEGIES

    Revenue

    $119,329

    PROGRAM INCOME

    Revenue

    $74,816

    Organization Details

    Founding Year

    1992

    Principal Officer

    Lee Householder

    Main Address

    88 CARNATION STREET, RICHMOND, VA, 23225

    NTEE Category

    Code: L810 - Housing

    If you are a representative of Elderhomes Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.