NEW HAVEN, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SHELDON TERRACE SUPPORTIVE HOUSING CORPORATION, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $191K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $298K exceeded revenue, resulting in a 56% operating deficit.
THE ORGANIZATION PROVIDES ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
THE PROVISION OF RESIDENTIAL SUPPORT SERVICES, INCLUDING CASE MANAGEMENT, TO THE MENTALLY ILL AND DEVELOPMENTALLY DISABLED INDIVIDUALS.
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 | $190,808 | $174,481 | +0.1% |
| Expenses | $297,584 | $249,255 | +0.2% |
| Net Income | $-106,776 | $-74,774 | +0.4% |
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 |
|---|---|---|---|---|---|---|
| PATTI L WALKER | PRESIDENT & CEO (UNTIL 7/2/24) | 1.00 |
|
$0 | $31,306 | $975,081 |
| JAMES FARRALES | PRESIDENT & CEO | 2.00 |
Officer
|
$0 | $60,704 | $335,711 |
| ANGELA WESTWOOD | CFO | 2.00 |
Officer
|
$0 | $6,921 | $214,653 |
| GRETCHEN RICHARDSON | VP PROGRAM DEVELOPMENT | 1.00 |
Officer
|
$0 | $47 | $209,317 |
| MAUREEN WEAVER | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES N RASCATI | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHARINE S GOODBODY | SECRETARY (AS OF 01/25) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK SEVILLA | SECRETARY (UNTIL 01/25) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAMION X COGLE CPA | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY BROTMAN AIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA ELLINGHAUS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRYSTAL FINCH DSW LCSW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAPTAIN MICHAEL FUMIATTI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN M GRAHAM BS MSN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES HATCH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KOURTNEY KOSLOSKY MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOBIAS WASSER MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $190,808 | $297,584 | $2,703,096 | $-106,776 |
| 2024 | $174,481 | $249,255 | $2,739,563 | $-74,774 |
| 2023 | $153,067 | $220,262 | $2,779,880 | $-67,195 |
| 2022 | $159,995 | $269,067 | $2,850,853 | $-109,072 |
| 2021 | $163,456 | $252,015 | $2,916,622 | $-88,559 |
| 2020 | $167,377 | $239,674 | $2,987,220 | $-72,297 |
| 2019 | $167,490 | $271,097 | $3,064,266 | $-103,607 |
| 2018 | $169,846 | $241,639 | $3,135,853 | $-71,793 |
Compare SHELDON TERRACE SUPPORTIVE HOUSING CORPORATION with other nonprofits in Connecticut and across the country.