SENIOR HOUSING INC

EIN: 363164729 501(c)(3) Housing & Shelter

DES PLAINES, IL

Total Revenue
$1,041,386
Total Expenses
$915,036
Total Assets
$943,568
Net Assets
$-1,597,287
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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
1984
Legal Domicile
IL
Principal Officer
STEVE PAYNE
Phone
8476354600
Tax Period
2023-07-01 to 2024-06-30

SENIOR HOUSING INC, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2023. Expenses of $915K left a modest 12% surplus.

Mission

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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $831,911
Program Service Revenue $201,263
Investment Income $2,111
Other Revenue $6,101
TOTAL REVENUE $1,041,386

Expense Breakdown

Grants Paid $0
Salaries & Benefits $271,476
Fundraising Expenses $0
Program Expenses $739,150
Other Expenses $643,560
TOTAL EXPENSES $915,036

Year-over-Year Comparison

2023 2022 Change
Revenue $1,041,386 $1,034,687 +0.0%
Expenses $915,036 $958,521 0.0%
Net Income $126,350 $76,166 +0.7%
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

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Governance

Voting Members
5
Independent Members
5
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE PAYNE PRESIDENT 0.50
Officer Director
$0 $0 $0
MELANIE JONGSMA SECRETARY 0.50
Officer Director
$0 $0 $0
BETTY ALLEN-GREEN DIRECTOR 0.50
Director
$0 $0 $0
DEBRA MITCHELL DIRECTOR 0.50
Director
$0 $0 $0
MICAELA SMITH DIRECTOR 0.50
Director
$0 $0 $0
BETTINA COLLINS DIRECTOR 0.50
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
2025 No data No data No data No data
2024 $1,041,386 $915,036 $943,568 $126,350
2023 $1,034,687 $958,521 $976,348 $76,166
2022 $992,449 $990,105 $1,094,556 $2,344
2021 $998,687 $968,636 $1,116,541 $30,051
2020 $962,236 $931,561 $1,258,897 $30,675
2019 $940,171 $943,772 $1,345,888 $-3,601
2018 $923,244 $985,742 $1,508,757 $-62,498
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