PICO VETERAN SENIOR CITIZEN HOUSING CORPORATION

EIN: 261524307 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$603,836
Total Expenses
$975,673
Total Assets
$7,810,985
Net Assets
$1,090,448
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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
2008
Legal Domicile
CA
Principal Officer
DOUG COPE
Phone
3104756083
Tax Period
2024-09-01 to 2025-08-31

PICO VETERAN SENIOR CITIZEN HOUSING CORPORATION, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $604K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $976K exceeded revenue, resulting in a 62% operating deficit.

Mission

PICO VETERAN SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION, WAS FORMED TO OWN A 46-UNIT RENTAL HOUSING PROJECT FOR THE ELDERLY LOCATED IN LOS ANGELES, CALIFORNIA, KNOWN AS PICO VETERAN SENIOR HOUSING. THE OPERATIONS OF THE PROJECT BEGAN FEBRUARY 2011. THE CORPORATION IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, WHICH GOVERNS THE OPERATION OF THE PROJECT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $375,794
Program Service Revenue $223,673
Investment Income $208
Other Revenue $4,161
TOTAL REVENUE $603,836

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $840,110
Other Expenses $975,673
TOTAL EXPENSES $975,673

Year-over-Year Comparison

2024 2023 Change
Revenue $603,836 $546,970 +0.1%
Expenses $975,673 $923,853 +0.1%
Net Income $-371,837 $-376,883 0.0%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
4
$342,137
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH WEISER CHAIR 0.10
Officer Director
$0 $0 $0
DAVID GOLDMAN TREASURER 0.10
Officer Director
$0 $0 $0
ELISA PASTER SECRETARY 0.10
Officer Director
$0 $0 $0
RICHARD ROMANOFF BOARD MEMBER 0.10
Director
$0 $0 $0
DOREEN KLEE BOARD MEMBER 0.10
Director
$0 $0 $0
JON PYNOOS BOARD MEMBER 0.10
Director
$0 $0 $0
JODI COHN BOARD MEMBER 0.10
Director
$0 $0 $0
DOUGLAS COPE PRESIDENT 2.00
Officer
$0 $7,646 $342,137
ANGEL JARAMILLO CONTROLLER 2.00
Highest
$0 $18,982 $215,182
JUSTIN DEIMEL FACILITIES DIRECTOR 2.00
Highest
$0 $23,369 $189,155
DAWN BEEBE DIRECTOR OF OPERATIONS 2.00
Highest
$0 $23,488 $182,774
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 $603,836 $975,673 $7,810,985 $-371,837
2024 $546,970 $923,853 $8,027,280 $-376,883
2023 $515,876 $895,318 $8,219,747 $-379,442
2022 $493,348 $902,551 $8,430,106 $-409,203
2021 $474,287 $878,853 $8,670,789 $-404,566
2020 $454,557 $856,095 $8,924,027 $-401,538
2019 $443,626 $817,737 $9,160,750 $-374,111
2018 $426,081 $795,958 $9,340,483 $-369,877
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