SNHS ELDERLY HOUSING III INC

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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

1996

Legal Domicile

Principal Officer

JAMES CHAISSON

Phone

6036688010

Tax Period

2025-04-01 to 2026-03-31

SNHS ELDERLY HOUSING III INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $513K in total revenue in fiscal year 2025.

Mission

PROVIDE HOUSING FOR LOW INCOME ELDERLY PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $490,963 Revenue: $339,808

PROGRAM PROVIDES 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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $173,384

Program Service Revenue $339,808

Investment Income $38

Other Revenue $0

TOTAL REVENUE $513,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,997

Fundraising Expenses $0

Program Expenses $490,963

Other Expenses $422,213

TOTAL EXPENSES $547,210

Year-over-Year Comparison

	2025	2024	Change
Revenue	$513,230	$512,236	+0.0%
Expenses	$547,210	$547,757	0.0%
Net Income	$-33,980	$-35,521	0.0%

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

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

$578,745

Total Directors

$900,636

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN CLOUTHIER	CHAIRMAN	2.00	Officer Director	$0	$45,615	$216,605
SARAH VANDERHOOF	VICE CHAIRMAN	2.00	Officer Director	$0	$26,523	$129,460
JAMES CHAISSON	TREASURER	2.00	Officer Director	$0	$50,917	$232,323
GREGORY SCHNEIDER	SECRETARY	2.00	Officer Director	$0	$32	$357
REGINA BUTEAU	TRUSTEE	2.00	Director	$0	$24,024	$97,622
CARA ALIBERTI	TRUSTEE	2.00	Director	$0	$25,725	$115,519
THOMAS NELSON	TRUSTEE	2.00	Director	$0	$24,574	$108,750
DONNALEE LOZEAU	FORMER CHAIRMAN	0.00		$0	$54,643	$289,296

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
2026	$513,230	$547,210	$1,881,436	$-33,980
2025	$512,236	$547,757	$1,926,090	$-35,521
2024	$513,096	$535,329	$1,970,466	$-22,233
2023	$491,089	$538,265	$2,023,593	$-47,176
2022	$465,158	$547,181	$2,079,793	$-82,023
2021	$424,612	$511,864	$2,163,144	$-87,252
2020	$401,997	$472,996	$2,232,052	$-70,999
2019	$400,081	$489,852	$2,288,503	$-89,771