LA CASA ELDERLY HOUSING INC C/O FERNANDO BETANCOURT

EIN: 061109405 501(c)(3)

HARTFORD, CT

Total Revenue
$683,254
Total Expenses
$641,318
Total Assets
$1,175,251
Net Assets
$-917,533
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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
1986
Legal Domicile
CT
Principal Officer
STEVEN ALEXANDRE
Phone
8605222205
Tax Period
2022-01-01 to 2022-12-31

LA CASA ELDERLY HOUSING INC C/O FERNANDO BETANCOURT, founded in 1986, is a small nonprofit that reported $683K in total revenue in fiscal year 2022. Expenses of $641K left a modest 6% surplus.

Mission

PROVIDE AFFORDABLE HOUSING TO LOW INCOME ELDERLY POPULATION

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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 (2022)

Revenue Breakdown

Contributions & Grants $546,339
Program Service Revenue $136,700
Investment Income $215
Other Revenue $0
TOTAL REVENUE $683,254

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,360
Fundraising Expenses $0
Program Expenses $578,130
Other Expenses $505,958
TOTAL EXPENSES $641,318

Year-over-Year Comparison

2022 2021 Change
Revenue $683,254 $682,536 +0.0%
Expenses $641,318 $605,335 +0.1%
Net Income $41,936 $77,201 -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

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Governance

Voting Members
4
Independent Members
4
Employees
5
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN ALEXANDRE CHAIRMAN 0.50
Officer Director
$0 $0 $0
LUIS CABAN MEMBER 0.50
Director
$0 $0 $0
ELSA HUERTAS MEMBER 0.50
Director
$0 $0 $0
WILFREDO NIEVES TREASURER 0.50
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
2022 $683,254 $641,318 $1,175,251 $41,936
2021 $682,536 $605,335 $1,178,079 $77,201
2020 $683,194 $609,574 $1,152,070 $73,620
2019 $662,183 $621,145 $1,125,818 $41,038
2018 $656,157 $614,568 $1,106,039 $41,589
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