RURAL HOUSING FOR THE ELDERLY INC (EIN 020341052) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

JAMES CHAISSON

Phone

6036688010

Tax Period

2024-08-01 to 2025-07-31

RURAL HOUSING FOR THE ELDERLY INC, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2024.

Mission

PROVIDE HOUSING FOR THE LOW INCOME ELDERLY AND LOW INCOME PEOPLE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $818,272

Program Service Revenue $376,529

Investment Income $1,114

Other Revenue $0

TOTAL REVENUE $1,195,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $259,799

Fundraising Expenses $0

Program Expenses $1,108,452

Other Expenses $927,178

TOTAL EXPENSES $1,186,977

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,195,915	$1,179,412	+0.0%
Expenses	$1,186,977	$1,109,954	+0.1%
Net Income	$8,938	$69,458	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

$662,711

Total Directors

$947,611

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNALEE M LOZEAU	CHAIRMAN	2.00	Officer Director	$0	$48,959	$267,567
RYAN B CLOUTHIER	VICE CHAIRMAN	2.00	Officer Director	$0	$37,260	$175,945
JAMES M CHAISSON	TREASURER	2.00	Officer Director	$0	$53,564	$218,798
GREGORY SCHNEIDER	SECRETARY	2.00	Officer Director	$0	$30	$401
VALERIE CARIGNAN	TRUSTEE	2.00	Director	$0	$7,452	$74,230
CARA ALIBERTI	TRUSTEE	2.00	Director	$0	$21,881	$104,911
THOMAS NELSON	TRUSTEE	2.00	Director	$0	$21,583	$105,759

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	$1,195,915	$1,186,977	$3,366,576	$8,938
2024	$1,179,412	$1,109,954	$3,316,779	$69,458
2023	$1,112,810	$1,102,448	$3,177,916	$10,362
2022	$1,063,291	$875,280	$3,090,190	$188,011
2021	$1,049,394	$1,043,325	$2,936,461	$6,069
2020	$1,105,911	$953,337	$2,991,518	$152,574
2019	$1,074,934	$994,223	$2,816,807	$80,711

RURAL HOUSING FOR THE ELDERLY INC