Emerson Center INC

Not tax-deductible

Lexington, KY501(c)(4) EIN 23-7007367Revenue $1.5M in FY2025Latest return filed Jun 25, 2025

On file with the IRSLexington, KYTax-exempt since Dec 1968

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Assist in providing affordable housing to the elderly and disabled.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7007367) · Dispute this line
501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $64K a year · 5% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
3.6 mo
of spending, in cash
3.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$371K
34% of total assets
Liabilities are 34% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.5M
+6% vs prior year
Spent
$1.5M
To programs
85%
Net assets
$727K
By yearFY2021–FY2025
Revenue
$1.5M
FY2025▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.1M
FY2022$1.3M
FY2023$1.4M
FY2024$1.4M
FY2025$1.5M
Expenses
$1.5M
FY2025▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.1M
FY2022$1.2M
FY2023$1.2M
FY2024$1.4M
FY2025$1.5M
Net assets
$727K
FY2025▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2021$436K
FY2022$600K
FY2023$752K
FY2024$764K
FY2025$727K

From the FY2025 Form 990 (year ending January 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1968.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $1.3M Management & general 15% · $233K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
Emeritus Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Emeritus Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Emerson Center INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps provide affordable housing for the elderly and disabled.

Questions for Emerson Center INC

Tap to ask. Emerson Center INC sees how many people are interested.

Your first name shows with your question. Emerson Center INC answers here, for everyone.

1 program · $1.3M · in their own filed words · FY2024
01

178 units are made available, with the assistance from hud, to elderly and/or handicapped individuals. Many tenants receive housing assistance payments from hud.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7007367) · Dispute this line
$1.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jan 2025 · $836K federal money spent
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$728K
Section 201 Flexible Subsidy Assistance ProgramDepartment of Housing and Urban Development · ALN 14.164 · Direct$109K

The auditor reported no findings.

Year ending Jan 2024 · $799K federal money spent
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$614K
Section 201 Flexible Subsidy Assistance ProgramDepartment of Housing and Urban Development · ALN 14.164 · Direct$184K

The auditor reported no findings.

Year ending Jan 2023 · $913K federal money spent
Section 8 Housing Assistance PaymentsDepartment of Housing and Urban Development · ALN 14.195 · Direct$654K
Section 201 Flexible Subsidy Assistance ProgramDepartment of Housing and Urban Development · ALN 14.164 · Direct$260K

The auditor reported 1 finding.

Year ending Jan 2022 · $861K federal money spent
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$527K
Section 201 Flexible Subsidy Assistance ProgramDepartment of Housing and Urban Development · ALN 14.164 · Direct$334K

The auditor reported 1 finding.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$1.4M
Other incomeLn 4–11$37K
Investment incomeLn 3$3K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.3M
Managementcol C$233K
Owns and owesPt X
$727K
net assets · Ln 32
Cash and savingsLn 1–2$455K
Total assetsLn 16$1.1M
LiabilitiesLn 26$371K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$3K
Other incomeLn 4–11$37K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$55K
SavingsLn 2$400K
Cash and savings togetherLn 1–2$455K
Accounts receivableLn 4$23K
Prepaid expenses and deferred chargesLn 9$27K
Land, buildings, equipmentLn 10c$593K
Total assetsLn 16$1.1M
LiabilitiesLn 26$371K
Net assetsLn 32$727K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJanuary
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$497K$455K
Land, buildings, equipmentLn 10c$600K$593K
Total assetsLn 16$1.2M$1.1M
LiabilitiesLn 26$467K$371K
Net assetsLn 32$764K$727K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$275K$160K$116K
Other employee benefitsLn 9$44K$25K$18K
Payroll taxesLn 10$21K$12K$9K
Management feesLn 11a$72K$72K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$15K$15K
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$42K$42K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$61K$61K
InsuranceLn 23$148K$148K
Other expenses (24a–d)Ln 24$772K$772K
All other expensesLn 24e$34K$30K$4K
Total functional expensesLn 25$1.5M$1.3M$233K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jun 25, 2025 $1.5M$1.5M−$36K$727K 990 PDF
FY2024Filed with the IRS Jul 23, 2024 $1.4M$1.4M$20K$764K 990 PDF
FY2023Filed with the IRS May 11, 2023 $1.4M$1.2M$152K$752K 990 PDF
FY2022Filed with the IRS Aug 3, 2022 $1.3M$1.2M$163K$600K 990 PDF
FY2021Filed with the IRS Jul 7, 2021 $1.1M$1.1M$22K$436K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $1,477,426 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,366,742$1,437,374
I-10 Investment incomePrior year $1,023$3,325
I-11 Other revenuePrior year $20,312$36,727
I-12 Total revenuePrior year $1,388,077$1,477,426
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $381,246$339,879
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $987,169$1,173,963
I-18 Total expensesPrior year $1,368,415$1,513,842
I-19 Revenue less expensesPrior year $19,662−$36,416
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,477,426 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,437,374$1,437,374
VIII-3 Investment incomeExcluded from tax $3,325$3,325
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $36,727$36,727
VIII-12 Total revenueRelated to mission $1,474,101 · Unrelated business $0 · Excluded from tax $3,325$1,477,426
Part IX · Statement of functional expenses $1,513,842 across 13 lines filed
IX-7 Other salaries and wagesPrograms $159,552 · Management $115,704$275,256
IX-9 Other employee benefitsPrograms $25,242 · Management $18,278$43,520
IX-10 Payroll taxesPrograms $12,240 · Management $8,863$21,103
IX-11a Management feesManagement $71,587$71,587
IX-11b Legal feesPrograms $14,234$14,234
IX-11c Accounting feesManagement $14,507$14,507
IX-12 Advertising and promotionPrograms $12,716$12,716
IX-13 Office expensesPrograms $41,925$41,925
IX-20 InterestPrograms $3,999$3,999
IX-22 Depreciation, depletion and amortizationPrograms $61,053$61,053
IX-23 InsurancePrograms $148,168$148,168
IX-24 Other expenses (24a–d)Programs $771,610$771,610
IX-24e All other expensesPrograms $30,455 · Management $3,709$34,164
IX-25 Total functional expensesPrograms $1,281,194 · Management $232,648 · Fundraising $0$1,513,842
Part X · Balance sheet $1,098,309 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,476$54,941
X-2 Savings and temporary cash investmentsStart of year $494,513$400,475
X-4 Accounts receivableStart of year $23,931$22,576
X-9 Prepaid expenses and deferred chargesStart of year $109,987$27,055
X-10c Land, buildings and equipment, netStart of year $599,703$593,262
X-16 Total assetsStart of year $1,230,610$1,098,309
X-17 Accounts payable and accrued expensesStart of year $121,707$122,319
X-19 Deferred revenueStart of year $14,327$6,201
X-21 Escrow or custodial accountsStart of year $47,482$52,878
X-23 Secured mortgages and notes payableStart of year $283,521$189,754
X-26 Total liabilitiesStart of year $467,037$371,152
X-27 Net assets without donor restrictionsStart of year $763,573$727,157
X-32 Total net assets or fund balancesStart of year $763,573$727,157
X-33 Total liabilities and net assetsStart of year $1,230,610$1,098,309
Part XI · Reconciliation of net assets $727,157 net assets at year end
XI-1 Total revenue$1,477,426
XI-2 Total expenses$1,513,842
XI-3 Revenue less expenses−$36,416
XI-4 Net assets at start of year$763,573
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$727,157

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →