Ers Strategic Properties
Ers Strategic Properties reported $10.3 million in revenue and $10.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $99.15 went to program services, $0.85 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.8% of the total. The highest compensation it reported for one person was $1,191,954 (DIRECTOR). Revenue rose 9% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,191,954 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 11.72% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -12.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 0 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseApartments for students, faculty, staff, and guests of neomed
Health, wellness, and medical education building for neomed and external community
Medical office building for neomed and external community
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $1,136,288 | $55,666 | $1,191,954 |
| SECRETARY/TREASURER Director/trustee, officer, 1.00 hrs/week | $0 | $315,940 | $51,259 | $367,199 |
| CHAIR Director/trustee, officer, 1.00 hrs/week | $0 | $264,798 | $49,405 | $314,203 |
| VICE CHAIR Director/trustee, officer, 1.00 hrs/week | $0 | $207,226 | $49,666 | $256,892 |
| TREASURER Officer, 1.00 hrs/week | $0 | $117,039 | $37,856 | $154,895 |
0 people received more than $100,000 in reportable compensation from Ers Strategic Properties (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Ers Strategic Properties's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ers Strategic Properties, you can publish a response that is linked from this page.
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Of every $100 Ers Strategic Properties spent in FY2025, $99.15 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Ers Strategic Properties's spending goes to programs?
In the fiscal year ending June 30, 2025, Ers Strategic Properties reported that 99.1% of its $10.2 million in expenses went to program services, 0.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Ers Strategic Properties pay its top executive?
The largest total compensation Ers Strategic Properties reported for one person in the fiscal year ending June 30, 2025 was $1,191,954, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Ers Strategic Properties get its money?
Of $10.3 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 99.8% from program service revenue (Form 990, Part VIII).
Is Ers Strategic Properties a registered charity?
The IRS lists EIN 45-4904096 as a 501(c)(3) organization (supporting organization, type ii), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349308104 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349301803 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349305840 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349302990 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349313845 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121359349300337 · read the filing
All filings for EIN 45-4904096: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.