Elderhomes Corporation

Housing & shelter organization based in Richmond, VA. 68 employees. Exempt under §501(c)(3).

MissionOUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DISABLED, AND LOW-INCOME PERSONS IN THE RICHMOND AND SURROUNDING LOCALITIES.

EIN
54-1595851
State
VA
Sector
Housing & shelter
Budget band
$25M–$50M
Latest filing
TY 2024
Records
6 officers · 6 years

Financial snapshot · TY 2024

$27.1M
Total revenue
$26.5M
Total expenses
$19.2M
Net assets

Financial health · TY 2024

64
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
34
6 months of expenses
Program efficiency
100
93.6% spent on programs
Revenue diversity
52
Mix of program fees, grants & contributions

Leadership compensation

Lee Householder
EXECUTIVE DIRECTOR
$245,416
40th percentile vs. peers
Shelia Walters
CHIEF FINANCIAL OFFICER - ENDED 5/25
$180,480
48th percentile vs. peers
Marion Cake
VP AFFORDABLE HOUSING
$169,352
48th percentile vs. peers
Bryan Burris
VP ENERGY CONSERVATION
$154,469
48th percentile vs. peers
Matt Hinkle
VP OPERATIONS
$140,892
15th percentile vs. peers

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Elderhomes Corporation Executive Compensation | 990 Data | DoubleNine