RICHFIELD SENIOR HOUSING INC DBA MAINSTREET VILLAGE SENIOR HOUSING (EIN 311626065) - 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

1998

Legal Domicile

Principal Officer

MARK MEYER

Phone

6128612799

Tax Period

2023-10-01 to 2024-09-30

RICHFIELD SENIOR HOUSING INC DBA MAINSTREET VILLAGE SENIOR HOUSING, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $5.6M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

CARE FOR THE ELDERLY

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,493,959

Investment Income $66,698

Other Revenue $0

TOTAL REVENUE $5,560,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,598,602

Fundraising Expenses $0

Program Expenses $4,902,102

Other Expenses $2,922,267

TOTAL EXPENSES $5,520,869

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,560,657	$4,822,280	+0.2%
Expenses	$5,520,869	$5,226,130	+0.1%
Net Income	$39,788	$-403,850	-1.1%

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

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
DENYSE ETHRIDGE	EXECUTIVE DIRECTOR & COO	1.00		$0	$17,610	$198,085
CHRIS SCHMIDT	VP FINANCE	1.00		$0	$14,784	$158,201
DAN LINDH	President	0.50	Officer Director	$0	$0	$0
MARK MEYER	Treasurer & CFO	0.50	Officer Director	$0	$0	$0
JOHN BERGESON	Secretary	0.50	Officer Director	$0	$0	$0
TAMARA TASCHE	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
DUANE LARSON	BD VICE CHAIR	0.50	Officer 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	$5,560,657	$5,520,869	$14,131,098	$39,788
2023	$4,822,280	$5,226,130	$14,129,255	$-403,850
2022	$4,454,353	$5,099,480	$14,462,156	$-645,127
2021	$4,931,392	$4,944,064	$14,182,942	$-12,672
2020	$5,282,851	$5,470,960	$14,340,189	$-188,109
2019	$5,020,431	$4,830,462	$14,527,819	$189,969
2018	$5,321,915	$5,062,206	$14,585,402	$259,709
2017	$5,384,953	$5,060,029	$15,581,289	$324,924

RICHFIELD SENIOR HOUSING INC DBA MAINSTREET VILLAGE SENIOR HOUSING