REVERE ELDERLY HOUSING INC (EIN 042763101) - 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

1982

Legal Domicile

Principal Officer

CINDY LAMB

Phone

5867539002

Tax Period

2024-07-01 to 2025-06-30

REVERE ELDERLY HOUSING INC, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 9% surplus.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

🔒

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 $1,236,148

Program Service Revenue $529,620

Investment Income $36,993

Other Revenue $4,018

TOTAL REVENUE $1,806,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,361,196

Other Expenses $1,635,978

TOTAL EXPENSES $1,635,978

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,806,779	$1,709,190	+0.1%
Expenses	$1,635,978	$1,534,985	+0.1%
Net Income	$170,801	$174,205	0.0%

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

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

$613,148

Total Directors

$613,148

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERYLE MOREY	PRESIDENT	0.10	Officer Director	$0	$0	$0
MARY DALESSANDRO	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
JERI DRAUGHON	SECRETARY	0.10	Officer Director	$0	$0	$0
SHIRLEY MORELAND	TREASURER	0.10	Officer Director	$0	$0	$0
CINDY LAMB	ASSISTANT TREASURER	0.10	Officer Director	$0	$38,191	$245,105
ANNE SACKRISON	ASSISTANT SECRETARY	0.10	Officer Director	$0	$69,471	$368,043
GERALD MAHOM JR	DIRECTOR	0.10	Director	$0	$0	$0
DEANIE ROBINSON	DIRECTOR	0.10	Director	$0	$0	$0
GLORIA HARRIS	DIRECTOR	0.10	Director	$0	$0	$0
CATHERINE POWELL	DIRECTOR	0.10	Director	$0	$0	$0
MARIETTA MARTIN	DIRECTOR	0.10	Director	$0	$0	$0
WILLIAM H GROGAN	DIRECTOR	0.10	Director	$0	$0	$0
LINDA DENNIS	DIRECTOR	0.10	Director	$0	$0	$0
DARLA HUTTINGER	REGIONAL MANAGER	0.10	Highest	$0	$43,767	$220,392
MARGUERITE D ANGELO	REGIONAL MANAGER	0.10	Highest	$0	$28,825	$213,583
DIANE SMITH	NATIONAL DEVELOPMENT MANAGER	0.10	Highest	$0	$55,737	$259,515
MEL HUDSON	NATIONAL CONSTRUCTION MANAGER	0.10	Highest	$0	$66,377	$269,361
TIM BRAUNSCHEIDAL	CHIEF OPERATIONS OFFICER	0.10	Highest	$0	$54,786	$242,844
ANNIE MITCHELL	FORMER PRESIDENT	0.10	Officer Director	$0	$0	$0
GLORIA PARRIS	FORMER VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
JUDY ROBERTS	FORMER DIRECTOR	0.10	Director	$0	$0	$0
ALEX AHO	FORMER DIRECTOR	0.10	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	$1,806,779	$1,635,978	$2,736,108	$170,801
2024	$1,709,190	$1,534,985	$2,659,904	$174,205
2023	$1,595,620	$1,577,717	$2,623,587	$17,903
2022	$1,505,547	$1,512,655	$2,686,989	$-7,108
2021	$1,567,412	$1,485,104	$2,837,895	$82,308
2020	$1,548,667	$1,474,855	$2,832,549	$73,812
2019	$1,486,739	$1,456,850	$2,869,132	$29,889

REVERE ELDERLY HOUSING INC