Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2020 | $567K |
|---|---|
| FY2021 | $550K |
| FY2022 | $519K |
| FY2020 | $131K |
|---|---|
| FY2021 | $100K |
| FY2022 | $70K |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 99% | — | — |
| Overhead ratio | 1% | — | — |
| Revenue growth | -66% | — | — |
| Legal fee ratio | 0.4% | — | — |
| Accounting fee ratio | 0.8% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
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Governance & Policies
- 4Voting board membersPt VI · Ln 1a
- 4Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13No
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aNo
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
's' Elect Homes is a membership association based in Duluth, MN.
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Where the work happens
Provide elderly housing.
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Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2022 Latest | $40K | $70K | -34% | 990 PDF |
| FY2021 Viewing | $61K | $61K | -66% | 990 PDF |
| FY2020 | $176K | $194K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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