VERSAILLES SENIOR CITIZENS HOUSING INC (EIN 341182564) - 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

1975

Legal Domicile

Principal Officer

VIRGIL HEITKAMP

Phone

9375265555

Tax Period

2024-10-01 to 2025-09-30

VERSAILLES SENIOR CITIZENS HOUSING INC, founded in 1975, is a small nonprofit that reported $325K in total revenue in fiscal year 2024. Expenses of $280K left a modest 14% surplus.

Mission

PROVIDE LOW INCOME HOUSING.

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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 $304,863

Investment Income $19,778

Other Revenue $0

TOTAL REVENUE $324,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $39,500

Fundraising Expenses $0

Program Expenses $222,747

Other Expenses $240,657

TOTAL EXPENSES $280,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,641	$310,724	+0.0%
Expenses	$280,157	$244,122	+0.1%
Net Income	$44,484	$66,602	-0.3%

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

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

$29,345

Total Directors

$3,950

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELINDA BUTTS	SECRETARY/TR	20.00	Officer	$27,845	$0	$27,845
VIRGIL HEITKAMP	PRESIDENT	2.00	Officer Director	$750	$0	$750
ROGER B SCHLATER	VICE-PRESIDE	1.00	Officer Director	$750	$0	$750
JOAN D HEITKAMP	TRUSTEE	0.50	Director	$350	$0	$350
LESTER D KUETERMAN	TRUSTEE	0.50	Director	$350	$0	$350
SANDRA K NOGGLE	TRUSTEE	0.50	Director	$350	$0	$350
DEBRA A PHLIPOT	TRUSTEE	0.50	Director	$350	$0	$350
MARK PHLIPOT	TRUSTEE	0.50	Director	$350	$0	$350
SHIRLEY A SCHLATER	TRUSTEE	0.50	Director	$350	$0	$350
DIANE K YAKOS	TRUSTEE	0.50	Director	$350	$0	$350

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	$324,641	$280,157	$937,624	$44,484
2024	$310,724	$244,122	$897,372	$66,602
2023	$285,539	$247,949	$824,969	$37,590
2022	$267,049	$217,196	$790,203	$49,853
2021	$257,764	$230,125	$740,380	$27,639
2020	$252,665	$233,216	$711,596	$19,449
2019	$254,894	$235,059	$698,015	$19,835
2018	$252,120	$254,694	$696,803	$-2,574

VERSAILLES SENIOR CITIZENS HOUSING INC