LIHI CASCADE SENIOR HOUSING DEVELOPMENT (EIN 208615152) - 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

2007

Legal Domicile

Principal Officer

SHARON LEE

Phone

2064439935

Tax Period

2023-01-01 to 2023-12-31

LIHI CASCADE SENIOR HOUSING DEVELOPMENT, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 910% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 74% operating margin.

Mission

THE MISSION OF LIHI CASCADE SENIOR HOUSING DEVELOPMENT IS TO PROMOTE SUSTAINABLE COMMUNITY DEVELOPMENT AND QUALITY OF LIFE BY PROVIDING RESOURCES, INCLUDING FINANCING, FOR THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES, NEIGHBORHOOD IMPROVEMENT AND REVITALIZATION, COMBATING NEIGHBORHOOD DETERIORATION AND BLIGHT, AND FOSTERING COMMUNITY REVITALIZATION.

🔒

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 $302,828

Investment Income $1,164,801

Other Revenue $1,167

TOTAL REVENUE $1,468,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $357,902

Other Expenses $388,667

TOTAL EXPENSES $388,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,468,796	$145,427	+9.1%
Expenses	$388,667	$41	+9478.7%
Net Income	$1,080,129	$145,386	+6.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN M PARK	TREASURER	0.25	Officer Director	$0	$0	$0
MELINDA NICHOLS	PRESIDENT	0.25	Officer Director	$0	$0	$0
CATHERINE DANIGELIS	TREASURER	0.25	Officer Director	$0	$0	$0
HERMAN KAHALOA	SECRETARY	0.25	Officer Director	$0	$0	$0
SHARON LEE	AUTHORIZED REPRESENTATIVE	0.25	Highest	$0	$11,071	$332,544

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	No data	No data	No data	No data
2023	$1,468,796	$388,667	$9,212,002	$1,080,129
2022	$145,427	$41	$5,326,859	$145,386
2021	$145,427	$47	$5,181,473	$145,380
2020	$145,427	$40	$5,036,093	$145,387
2019	$145,427	$37	$4,890,706	$145,390
2018	$145,427	$37	$4,745,316	$145,390

LIHI CASCADE SENIOR HOUSING DEVELOPMENT