RURAL HOUSING FOR THE ELDERLY II INC

EIN: 043342131 501(c)(3) Education

MANCHESTER, NH

Total Revenue
$745,770
Total Expenses
$806,808
Total Assets
$2,733,677
Net Assets
$-2,846,517
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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
1988
Legal Domicile
NH
Principal Officer
JAMES CHAISSON
Phone
6036688010
Tax Period
2024-07-01 to 2025-06-30

RURAL HOUSING FOR THE ELDERLY II INC, founded in 1988, is a small nonprofit in the Education sector that reported $746K in total revenue in fiscal year 2024.

Mission

PROVIDE HOUSING FOR LOW INCOME ELDERLY PEOPLE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $282,578
Program Service Revenue $463,152
Investment Income $40
Other Revenue $0
TOTAL REVENUE $745,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,512
Fundraising Expenses $0
Program Expenses $717,803
Other Expenses $648,296
TOTAL EXPENSES $806,808

Year-over-Year Comparison

2024 2023 Change
Revenue $745,770 $702,632 +0.1%
Expenses $806,808 $854,377 -0.1%
Net Income $-61,038 $-151,745 -0.6%
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

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
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
4
$662,711
Total Directors
7
$947,611
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNALEE LOZEAU CHAIRMAN 2.00
Officer Director
$0 $48,959 $267,567
RYAN CLOUTHIER VICE CHAIRMAN 2.00
Officer Director
$0 $37,260 $175,945
JAMES CHAISSON TREASURER 2.00
Officer Director
$0 $53,564 $218,798
GREGORY SCHNEIDER SECRETARY 2.00
Officer Director
$0 $30 $401
VAL 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 $745,770 $806,808 $2,733,677 $-61,038
2024 $702,632 $854,377 $2,833,534 $-151,745
2023 $671,774 $931,246 $3,015,020 $-259,472
2022 $672,014 $782,137 $3,289,220 $-110,123
2021 $694,000 $754,968 $3,395,596 $-60,968
2020 $663,138 $795,625 $3,456,514 $-132,487
2019 $684,591 $716,641 $3,568,909 $-32,050
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