SOMERVILLE, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOMERVILLE SENIOR CITIZENS HOUSING INC, founded in 1978, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. The organization ran a surplus of $573K, a strong 19% operating margin.
THE ORGANIZATION PROVIDES LOW INCOME HOUSING FOR SENIOR CITIZENS. THE MANAGEMENT OF SOMERVILLE SENIOR CITIZENS' HOUSING, INC. IS COMMITTED TO THE TENANTS AND THE SPIRIT OF THE VARIOUS LAWS AND REGULATIONS GOVERNING FAIR HOUSING, CIVIL RIGHTS AND THE AMERICANS WITH DISABILITIES ACT. IT IS OUR EXPRESSED INTENT TO COMPLY WITH THE LAWS AND REGULATIONS AS WRITTEN AS WELL AS, WHERE APPLICABLE, THE SPIRIT OF THESE REGULATIONS. WE ARE FURTHER COMMITTED TO THE PERIODIC REVIEW OF OUR COMPLIANCE STATUS AS WELL AS THE REVIEW OF OUR POLICIES AND PROCEDURES AND WILL MAKE ANY CHANGES NECESSARY AS A RESULT OF THIS REVIEW.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,969,266 | $2,816,261 | +0.1% |
| Expenses | $2,396,648 | $2,116,877 | +0.1% |
| Net Income | $572,618 | $699,384 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DENISE KILGALLEN | Director | 40.00 |
Officer
|
$108,116 | $0 | $108,116 |
| JANICE REITMAN | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEROY RUGGERIO | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDA PATEMAN | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LYNNE WECKWORTH | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| IVANA MARKOVIC | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| LEIGH MCLACHLAN | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DINA CONFALONE | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| LISA HILL | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,969,266 | $2,396,648 | $11,522,513 | $572,618 |
| 2024 | $2,816,261 | $2,116,877 | $10,001,243 | $699,384 |
| 2023 | $2,602,116 | $1,934,428 | $7,511,095 | $667,688 |
| 2022 | $2,467,478 | $1,915,473 | $6,210,453 | $552,005 |
| 2021 | $2,545,992 | $1,834,989 | $5,747,464 | $711,003 |
| 2020 | $2,398,123 | $1,531,799 | $5,064,519 | $866,324 |
| 2019 | $2,409,509 | $2,118,713 | $4,689,366 | $290,796 |
Compare SOMERVILLE SENIOR CITIZENS HOUSING INC with other nonprofits in New Jersey and across the country.