BEXLEY SENIOR CITIZENS HOUSING CORP (EIN 311356116) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

COREY GOLDSAND

Phone

6145590332

Tax Period

2024-01-01 to 2024-12-31

BEXLEY SENIOR CITIZENS HOUSING CORP, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $413K in total revenue in fiscal year 2024.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE BEXLEY SENIOR CITIZENS HOUSING CORPORATION IS TO OPERATE A 40-UNIT APARTMENT BUILDING IN BEXLEY, OHIO FOR LOW INCOME SENIOR CITIZENS. THE ORGANIZATION RECEIVES SUBSIDIES UNDER SECTION 8 HOUSING ASSISTANCE PAYMENT PROGRAM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $405,299

Investment Income $7,612

Other Revenue $0

TOTAL REVENUE $412,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $235,998

Other Expenses $441,946

TOTAL EXPENSES $441,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$412,911	$419,823	0.0%
Expenses	$441,946	$368,128	+0.2%
Net Income	$-29,035	$51,695	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRA KANE	CHAIRMAN	0.25	Director	$0	$0	$0
MARK YALE	FINANCE CHAIR/PAST BOARD CHAIR	0.25	Director	$0	$0	$0
FRED SUMMER	DIRECTOR/VICE CHAIR	0.25	Director	$0	$0	$0
COREY A GOLDSAND	PRESIDENT	1.00	Officer	$0	$0	$0
TANYA HAHN	CHIEF FINANCIAL OFFICER	1.00	Officer	$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	$412,911	$441,946	$959,240	$-29,035
2023	$419,823	$368,128	$854,702	$51,695
2022	No data	$93,012	$780,283	No data
2021	$370,906	$491,369	$1,090,922	$-120,463
2020	$382,475	$460,976	$979,103	$-78,501

BEXLEY SENIOR CITIZENS HOUSING CORP