PLYMPTON ELDERLY HOUSING CORPORATION (EIN 311578482) - 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

1994

Legal Domicile

Principal Officer

CHRISTINE MACDONALD

Phone

7814224200

Tax Period

2024-01-01 to 2024-12-31

PLYMPTON ELDERLY HOUSING CORPORATION, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $472K in total revenue in fiscal year 2024. Expenses of $604K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE SUBSIDIZED LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED.

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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 $466,869

Investment Income $0

Other Revenue $5,255

TOTAL REVENUE $472,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $561,783

Other Expenses $603,663

TOTAL EXPENSES $603,663

Year-over-Year Comparison

	2024	2023	Change
Revenue	$472,124	$448,086	+0.1%
Expenses	$603,663	$585,258	+0.0%
Net Income	$-131,539	$-137,172	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

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

$573,440

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLY SOMERVILLE	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
DAVID KILNAPP	TREASURER	1.00	Officer Director	$0	$0	$0
PATRICK NEENAN	VICE TREASURER	1.00	Officer Director	$0	$0	$0
GORETTI JOAQUIM	ASSISTANT CLERK	1.00	Officer Director	$0	$0	$0
JEFF GRAEBER	CLERK	1.00	Officer Director	$0	$0	$0
MICHAEL MCGOWAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CAROL DELOREY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HEALY	DIRECTOR	1.00	Director	$0	$0	$0
DOMINGA MALDONADO	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS KING	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN BORGERSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY CHARNEL	DIRECTOR	1.00	Director	$0	$0	$0
ELVIRA CALDEIRA	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINETTE PABON GREEN	DIRECTOR	1.00	Director	$0	$0	$0
GREIDY TERRERO	DIRECTOR	1.00	Director	$0	$0	$0
LASHAUNDA WATSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CORLEY	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$43,568	$349,955
CHRISTINE MACDONALD	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$17,637	$223,485

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	$472,124	$603,663	$2,491,720	$-131,539
2023	$448,086	$585,258	$2,579,532	$-137,172
2022	$420,930	$587,668	$2,692,794	$-166,738
2021	$413,675	$565,082	$2,826,988	$-151,407
2020	$416,310	$514,507	$2,955,535	$-98,197
2019	$414,204	$552,527	$3,032,265	$-138,323
2018	$416,243	$533,186	$3,133,292	$-116,943

PLYMPTON ELDERLY HOUSING CORPORATION