Gulf Coast Egret Housing Inc

Nonprofit profile at a glance

EIN
593326398
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Clearwater, FL, USA
Phone
7274791800
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$86,235
Expenses
$110,609
Assets
$284,205
Liabilities
$690,962

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DR SANDRA E BRAHAM (PRESIDENT/CEO)

People named in this filing

  • DAVID GREENE (CHAIR)
  • EDI ERB (SECRETARY/TREASURER)
  • SHEILA LOPEZ (DIRECTOR)

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

To provide affordable housing for low-income, elderly, and disabled individuals.

What it reported doing in 2024

The organization operates a seven-unit residential facility in pasco county, Florida, for disabled persons under section 811 of the national housing act. The project is regulated by the us department of housing and urban development with respect to rental charges and operating methods. During the fiscal year ended june 30, 2025, the organization:-provided safe affordable housing for seven (7) tenants with disabilities who are classified as "very low-income" - maintained facilities, receiving a 95 physical inspection score from hud during fiscal year 2023 (properties receiving a score of 90 or more are inspected every three years)- provided connections to resources for tenants upon request

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.4%; rating input score 70
  • Program expense ratio: 54.9%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -28.3%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 2.57; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 2.43; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.2% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: -2.8% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 70.4% of revenue deployed · 54.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $61K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.