SILVER LAKE HOUSING CORP (EIN 237356023) - 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

1974

Legal Domicile

Principal Officer

ROGER NELSON

Phone

2079245504

Tax Period

2024-01-01 to 2024-12-31

SILVER LAKE HOUSING CORP, founded in 1974, is a small nonprofit that reported $277K in total revenue in fiscal year 2024.

Mission

TO PROVIDE LOW INCOME HOUSING FOR SENIORS.

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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 $272,486

Investment Income $497

Other Revenue $3,881

TOTAL REVENUE $276,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $256,740

Other Expenses $270,556

TOTAL EXPENSES $270,556

Year-over-Year Comparison

	2024	2023	Change
Revenue	$276,864	$277,394	0.0%
Expenses	$270,556	$272,238	0.0%
Net Income	$6,308	$5,156	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF CROWELL	TREASURER	1.00	Officer Director	$0	$0	$0
JILL JONES	SECRETARY	1.00	Officer Director	$0	$0	$0
PETER MEALEY	DIRECTOR	1.00	Director	$0	$0	$0
ROGER NELSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
TERRY VANDERMAK	DIRECTOR	1.00	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
2024	$276,864	$270,556	$618,545	$6,308
2023	$277,394	$272,238	$639,669	$5,156
2022	$254,062	$274,139	$664,828	$-20,077
2021	$234,316	$256,166	$696,568	$-21,850
2020	$238,696	$239,574	$737,901	$-878
2019	$240,072	$272,024	$752,088	$-31,952
2018	$245,320	$268,091	$803,606	$-22,771

SILVER LAKE HOUSING CORP