Memphremagog Senior Citizen Housing Inc c/o Gilman Housing Trust Inc (EIN 030284101) - 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

1985

Legal Domicile

Principal Officer

Patrick Shattuck

Phone

8024733925

Tax Period

2024-01-01 to 2024-12-31

Memphremagog Senior Citizen Housing Inc c/o Gilman Housing Trust Inc, founded in 1985, is a small nonprofit that reported $242K in total revenue in fiscal year 2024. Expenses of $276K exceeded revenue, resulting in a 14% operating deficit.

Mission

Provide affordable housing for the elderly.

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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 $241,301

Investment Income $517

Other Revenue $0

TOTAL REVENUE $241,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $246,871

Other Expenses $275,571

TOTAL EXPENSES $275,571

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,818	$242,121	0.0%
Expenses	$275,571	$255,264	+0.1%
Net Income	$-33,753	$-13,143	+1.6%

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

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

$292,693

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim O'Neill	President	1.00	Officer Director	$0	$0	$0
Patricia Sears	Vice President	1.00	Officer Director	$0	$0	$0
Nikole Brainard	Treasurer	1.00	Officer Director	$0	$0	$0
Loraine Janowski	Secretary	1.00	Officer Director	$0	$0	$0
Bobby Farlice-Rubio	Director	1.00	Director	$0	$0	$0
Reverend Dr Jeffrey Potter	Director	1.00	Director	$0	$0	$0
Kimico Perry	Director	1.00	Director	$0	$0	$0
Joel Pierce	Director	1.00	Director	$0	$0	$0
Kelsey Stavseth	Director	1.00	Director	$0	$0	$0
Terri Lynn Williams	Past Director	1.00	Director	$0	$0	$0
Patrick Shattuck	Executive Director	1.00	Officer	$0	$22,957	$154,749
Diana Cazaudumec	Director of Finance and Compliance	1.00	Officer	$0	$20,750	$137,944

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	No data	No data	No data	No data
2024	$241,818	$275,571	$880,379	$-33,753
2023	$242,121	$255,264	$917,569	$-13,143
2022	$226,916	$239,511	$935,651	$-12,595
2021	$220,348	$239,712	$959,364	$-19,364
2020	$234,193	$237,668	$980,242	$-3,475
2019	$218,909	$224,505	$985,359	$-5,596
2018	$212,306	$242,833	$997,801	$-30,527

Memphremagog Senior Citizen Housing Inc c/o Gilman Housing Trust Inc