Citizens For Elder Housing Inc
Nonprofit profile at a glance
- EIN
- 581518277
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Forsyth, GA, USA
- Phone
- 4048169770
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $195,540
- Expenses
- $172,728
- Assets
- $106,692
- Liabilities
- $290,227
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Annette Lucear (President)
- Herbert Gantt (Vice President)
People named in this filing
- Annette Lucear (President)
- Herbert Gantt (Vice President)
- Latosha Proctor (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide housing to low income elderly persons by operating an apartment community regulated by HUD under Section 202 of the National Housing Act of 1959.
What it reported doing in 2024
Provided housing to low-income elderly persons by operating an apartment community regulated by the U.S. department of housing and urban development under section 202 of the national housing act of 1959.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.4%; rating input score 74
- Program expense ratio: 84.2%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.7%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 2.72; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: -8.4% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 74.4% of revenue deployed · 84.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $145K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.