SENIOR HOUSING RESOURCE CORPORATION

EIN: 133533031 501(c)(3)

STATEN ISLAND, NY

Total Revenue
$31,015
Total Expenses
$30,248
Total Assets
$647,660
Net Assets
$586,169
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NY
Principal Officer
ALBANA TELIC
Phone
7189816226
Tax Period
2024-07-01 to 2025-06-30

SENIOR HOUSING RESOURCE CORPORATION, founded in 1989, is a micro nonprofit that reported $31K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $586K represent 227 months of operating reserves.

Mission

SENIOR HOUSING RESOURCE CORPORATION WAS FORMED TO AID AND COUNSEL THE MEMBERS OF THE SENIOR CITIZENS COMMUNITY, AS WELL AS OTHERS, IN THE CITY OF NEW YORK, AND PARTICULARLY IN THE STATEN ISLAND AREA THEREOF, AND PROVIDE HOUSING MANAGEMENT ASSISTANCE, HOUSING CASE MANAGEMENT, TO ADMINISTER HOME MAINTENANCE AND REPAIR PROGRAMS AND DEVELOP AND IMPLEMENT HOUSING ALTERNATIVES FOR SENIOR CITIZENS.

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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 $0
Program Service Revenue $14,065
Investment Income $16,950
Other Revenue $0
TOTAL REVENUE $31,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,907
Other Expenses $30,248
TOTAL EXPENSES $30,248

Year-over-Year Comparison

2024 2023 Change
Revenue $31,015 $28,115 +0.1%
Expenses $30,248 $24,857 +0.2%
Net Income $767 $3,258 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
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
7
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLGA GAETA DIRECTOR 1.00
Director
$0 $0 $0
CLARE M REGAN DIRECTOR 1.00
Director
$0 $0 $0
ANNAMARIE G GENTILE DIRECTOR 1.00
Director
$0 $0 $0
ERIC CAMPIONE DIRECTOR 1.00
Director
$0 $0 $0
KEITH CUMMINGS DIRECTOR 1.00
Director
$0 $0 $0
DR MANUEL R LAGMAY DIRECTOR 1.00
Director
$0 $0 $0
FRANK SCARANGELLO DIRECTOR 1.00
Director
$0 $0 $0
NARMADA L TISSERA DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MYERS CHAIR 1.00
Officer Director
$0 $0 $0
MARIO J GIAMMARCO 1ST VICE CHA 1.00
Officer Director
$0 $0 $0
FRANK J PULEO 2ND VICE CHA 1.00
Officer
$0 $0 $0
MIKE MONTALBANO SECRETARY 1.00
Officer Director
$0 $0 $0
ENRICO BAWAR TREASURER 1.00
Officer Director
$0 $0 $0
ALBANA TELIC PRESIDENT & 1.00
Officer
$0 $0 $0
LYUDMILA GINZBURG ASST. SECRET 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
2025 $31,015 $30,248 $647,660 $767
2024 $28,115 $24,857 $630,979 $3,258
2023 $18,548 $18,390 $620,971 $158
2022 $16,200 $9,883 $628,190 $6,317
2021 $12,409 $126,778 $612,189 $-114,369
2020 $27,924 $38,443 $713,588 $-10,519
2019 $60,885 $98,879 $715,277 $-37,994
2018 $718,090 $398,632 $807,299 $319,458
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