CHAUTAUQUA COMMUNITY RESIDENCE INC (EIN 222279175) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

RICHARD ERICKSON

Phone

7164832344

Tax Period

2024-01-01 to 2024-12-31

CHAUTAUQUA COMMUNITY RESIDENCE INC, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $481K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $175K, a strong 36% operating margin.

Mission

THE ORGANIZATION PROVIDES HOUSING FOR HUD APPROVED RESIDENTS WHO ARE DISABLED AND/OR ELDERLY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $109,917

Program Service Revenue $226,557

Investment Income $144,267

Other Revenue $0

TOTAL REVENUE $480,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $284,998

Other Expenses $305,484

TOTAL EXPENSES $305,484

Year-over-Year Comparison

	2024	2023	Change
Revenue	$480,741	$332,197	+0.4%
Expenses	$305,484	$312,858	0.0%
Net Income	$175,257	$19,339	+8.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$721,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ERICKSON	BOARD PRESIDENT	0.50	Officer Director	$0	$0	$0
RICH KIMBALL	BOARD VICE PRESIDENT 23/24	0.50	Officer Director	$0	$0	$0
DAWN COLUMBARE DNP	BOARD VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MARIE CARRUBBA ESQ	TREASURER	0.50	Officer Director	$0	$0	$0
LISA GOODELL	SECRETARY	0.50	Officer Director	$0	$0	$0
DR TODD JACOBSON MD	TREASURER 23/24, DIRECTOR	0.50	Officer Director	$0	$0	$0
DENISE JONES	CEO	0.50	Officer	$0	$54,422	$404,640
KELLY DIMITRI	COO	0.50	Officer	$0	$71,369	$316,880

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	$480,741	$305,484	$861,730	$175,257
2023	$332,197	$312,858	$665,682	$19,339
2022	$389,824	$349,705	$667,969	$40,119
2021	$383,474	$340,452	$538,998	$43,022
2020	$459,617	$333,465	$626,008	$126,152
2019	$903,447	$413,716	$682,424	$489,731
2018	$394,774	$404,252	$715,012	$-9,478

CHAUTAUQUA COMMUNITY RESIDENCE INC