SENIOR CITIZENS HOUSING DEVELOPMENT OF CLAREMONT INC (EIN 020330853) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

MELANIE RIBEIRO

Phone

9548359200

Tax Period

2024-07-01 to 2025-06-30

SENIOR CITIZENS HOUSING DEVELOPMENT OF CLAREMONT INC, founded in 1976, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 13% surplus.

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,188,370

Investment Income $17,490

Other Revenue $25,076

TOTAL REVENUE $1,230,936

Expense Breakdown

Grants Paid $0

Salaries & Benefits $394,699

Fundraising Expenses $0

Program Expenses $621,721

Other Expenses $677,356

TOTAL EXPENSES $1,072,055

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,230,936	$1,126,532	+0.1%
Expenses	$1,072,055	$1,094,025	0.0%
Net Income	$158,881	$32,507	+3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$547,545

Total Directors

$26,541

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE RIBEIRO	VICE PRESIDE	0.70	Officer	$0	$75,384	$521,004
JOHN OLSEN	TREASURER	0.50	Officer Director	$0	$0	$26,541
MARY COOK	DIRECTOR	0.10	Director	$0	$0	$0
MARIA CORDONE	SECRETARY	0.30	Officer Director	$0	$0	$0
EUGENE DESJARDIN	DIRECTOR	0.10	Director	$0	$0	$0
TONY FRANSETTA	DIRECTOR	0.10	Director	$0	$0	$0
JEAN E MAGOON	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTOPHER SHELTON	PRESIDENT	0.50	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,230,936	$1,072,055	$1,529,666	$158,881
2024	$1,126,532	$1,094,025	$1,393,398	$32,507
2023	$1,044,154	$905,290	$1,264,866	$138,864
2022	$1,030,279	$945,874	$1,057,377	$84,405
2021	$1,063,178	$835,191	$982,704	$227,987
2020	$1,025,094	$872,265	$774,981	$152,829
2019	$1,013,993	$854,861	$737,321	$159,132
2018	$997,651	$897,010	$763,413	$100,641

SENIOR CITIZENS HOUSING DEVELOPMENT OF CLAREMONT INC