Newtown Housing for the Elderly Inc (EIN 060937573) - 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

1970

Legal Domicile

Principal Officer

RICHARD SIMONEAU

Phone

2034265000

Tax Period

2025-01-01 to 2025-12-31

Newtown Housing for the Elderly Inc, founded in 1970, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Newtown Housing for the Elderly, Inc. is a Non-Profit Organization established to provide low cost housing for the elderly aged 62 or older, and for handicapped or disabled persons.

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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 $521,790

Program Service Revenue $911,764

Investment Income $14,151

Other Revenue $0

TOTAL REVENUE $1,447,705

Expense Breakdown

Grants Paid $0

Salaries & Benefits $571,065

Fundraising Expenses $0

Program Expenses $1,165,001

Other Expenses $936,520

TOTAL EXPENSES $1,507,585

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,447,705	$1,328,764	+0.1%
Expenses	$1,507,585	$1,444,781	+0.0%
Net Income	$-59,880	$-116,017	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Simoneau	President	1.0	Officer Director	$0	$0	$0
Sue LoRusso	DIRECTOR	1.0	Director	$0	$0	$0
David Manzer	DIRECTOR	1.0	Director	$0	$0	$0
Robin Lynn Buchanan	SECRETARY	1.0	Officer Director	$0	$0	$0
Melanie Mattegat	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
RODGER BRALEY	DIRECTOR	1.0	Director	$0	$0	$0
CHRISTINA DAVIS	DIRECTOR	1.0	Director	$0	$0	$0
RICK MAZZARIELLO	DIRECTOR	1.0	Director	$0	$0	$0
SARINA MANIBANSENG	TREASURER	1.0	Officer 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	$1,447,705	$1,507,585	$3,657,540	$-59,880
2024	$1,328,764	$1,444,781	$3,724,754	$-116,017
2023	$1,214,078	$1,512,105	$3,829,184	$-298,027
2022	$1,161,779	$1,350,598	$4,122,202	$-188,819
2021	$1,166,846	$1,380,271	$4,297,576	$-213,425
2020	$1,175,622	$1,310,137	$4,553,392	$-134,515
2019	$1,197,119	$1,424,207	$4,682,763	$-227,088
2018	$1,160,977	$1,339,763	$4,901,690	$-178,786

Newtown Housing for the Elderly Inc