SOUTHAMPTON HOUSING FOR THE ELDERLY (EIN 222619892) - 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

1985

Legal Domicile

Principal Officer

DOLORES SCOTT

Phone

4132331651

Tax Period

2024-07-01 to 2025-06-30

SOUTHAMPTON HOUSING FOR THE ELDERLY, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $658K in total revenue in fiscal year 2024.

Mission

SOUTHAMPTON HOUSING FOR THE ELDERLY, INC. PRIMARY PURPOSE IS TO PROVIDE ELDERLY PERSONS OF LOW AND VERY LOW INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR NEEDS.

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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 $0

Program Service Revenue $657,029

Investment Income $736

Other Revenue $0

TOTAL REVENUE $657,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,731

Fundraising Expenses $0

Program Expenses $592,025

Other Expenses $489,553

TOTAL EXPENSES $642,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$657,765	$611,292	+0.1%
Expenses	$642,284	$645,914	0.0%
Net Income	$15,481	$-34,622	-1.4%

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

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

$287,688

Total Directors

$691,245

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASCALE DESIR	CLERK	1.00	Officer Director	$0	$10,757	$174,335
DOLORES SCOTT	ASSISTANT CLERK	1.00	Officer Director	$0	$15,185	$113,353
KEITH FAIREY	DIRECTOR	1.00	Director	$0	$27,576	$261,751
MICHELLE MCADARAGH	DIRECTOR	1.00	Director	$0	$4,885	$141,806
GEORGE D ROSA	TREASURER	1.00	Officer Director	$0	$0	$0
JIM BRODERICK	DIRECTOR	1.00	Director	$0	$0	$0
ROSEMARY MORIN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SHERBO	PRESDENT	1.00	Officer Director	$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	$657,765	$642,284	$2,510,978	$15,481
2024	$611,292	$645,914	$2,573,003	$-34,622
2023	$656,586	$608,374	$2,713,571	$48,212
2022	$685,508	$660,806	$2,809,579	$24,702
2021	$555,025	$508,150	$2,819,810	$46,875
2020	$564,432	$563,643	$2,881,878	$789
2019	$559,997	$526,100	$2,913,414	$33,897
2018	$613,026	$605,049	$2,924,930	$7,977

SOUTHAMPTON HOUSING FOR THE ELDERLY