ELIJAH SMITH SENIOR CITIZENS HOUSING DEVELOPMENT FUND CO INC (EIN 113318527) - 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

1997

Legal Domicile

Principal Officer

PATRICIA HARDING

Phone

7186626167

Tax Period

2023-10-01 to 2024-09-30

ELIJAH SMITH SENIOR CITIZENS HOUSING DEVELOPMENT FUND CO INC, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.7M exceeded revenue, resulting in a 32% operating deficit.

Mission

TO PROVIDE LOW-INCOME RESIDENTIAL RENTAL HOUSING TO THE ELDERLY THROUGH THE SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM REGULATED BY THE U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,254,928

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,254,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $294,607

Fundraising Expenses $0

Program Expenses $1,570,110

Other Expenses $1,363,030

TOTAL EXPENSES $1,657,637

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,254,928	$1,281,283	0.0%
Expenses	$1,657,637	$1,504,719	+0.1%
Net Income	$-402,709	$-223,436	+0.8%

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

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
PATRICIA HARDING	PRESIDENT	1.00	Officer Director	$0	$0	$0
REGINALD SHELL	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC SAQUAN HOWARD	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBYN LUCAS-CORA	CFO	1.00	Officer	$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
2024	$1,254,928	$1,657,637	$1,859,202	$-402,709
2023	$1,281,283	$1,504,719	$2,294,954	$-223,436
2022	$1,244,886	$1,439,044	$2,406,344	$-194,158
2021	$1,202,235	$1,432,763	$2,706,558	$-230,528
2020	$1,149,967	$1,486,752	$3,011,784	$-336,785
2019	$1,142,382	$1,438,992	$3,334,445	$-296,610
2018	$2,377,435	$1,771,096	$3,644,504	$606,339

ELIJAH SMITH SENIOR CITIZENS HOUSING DEVELOPMENT FUND CO INC