LHousing & ShelterEIN: 042707590· Ruling Year: 1980

Hanover Legion Elderly Housing Corp

Braintree, Massachusetts

BHealth Score
61B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

💰
$1.3M
Total Revenue
📊
$1.1M
Total Expenses
🏦
-$122K
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.6%
Year-over-year change (2022 → 2023)
Net Margin
+16.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.12
Net assets divided by total expenses
Liabilities-to-Assets
104.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,261,4935%$1,052,9444%$2,858,0305%
2022$1,205,9246%$1,095,5613%$2,711,6615%
2021$1,134,9883%$1,067,93211%$2,587,5651%
2020$1,106,7242%$962,2614%$2,572,4494%
2019$1,086,1681%$1,005,4105%$2,482,523
2018$1,070,6922%$954,5534%$2,470,4835%
2017$1,052,9809%$918,4035%$2,345,7873%
2016$963,0843%$871,7735%$2,267,5564%
2015$936,3862%$921,8454%$2,354,6781%
2014$920,5041%$887,7441%$2,369,9321%
2013$913,5421%$879,19530%$2,341,57515%
2012$903,95917%$1,250,30317%$2,769,511
2011$1,091,879$1,072,884$2,774,115

Frequently Asked Questions

What does Hanover Legion Elderly Housing Corp do?

Hanover Legion Elderly Housing Corp is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hanover Legion Elderly Housing Corp financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hanover Legion Elderly Housing Corp.

How much revenue does Hanover Legion Elderly Housing Corp generate?

Hanover Legion Elderly Housing Corp reports $1.3M in annual revenue and holds $3.0M in total assets, based on IRS filings.

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