REGIONAL WEST VILLAGE (EIN 363314162) - 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

1989

Legal Domicile

Principal Officer

MEL MCNEA

Phone

3086302010

Tax Period

2023-01-01 to 2023-12-31

REGIONAL WEST VILLAGE, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $2.7M in total revenue in fiscal year 2023. Expenses of $2.6M left a modest 4% surplus.

Mission

TO DEVELOP, ACQUIRE, OWN AND OPERATE A RETIREMENT AND ASSISTED LIVING FACILITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $230

Program Service Revenue $2,690,131

Investment Income $2,785

Other Revenue $0

TOTAL REVENUE $2,693,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,581,164

Fundraising Expenses $0

Program Expenses $2,572,533

Other Expenses $991,369

TOTAL EXPENSES $2,572,533

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,693,146	$2,738,221	0.0%
Expenses	$2,572,533	$2,789,317	-0.1%
Net Income	$120,613	$-51,096	-3.4%

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

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

$1,391,897

Total Directors

$1,805,690

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEL MCNEA	CEO/PRESIDENT	1.00	Officer Director	$0	$21,572	$440,923
PAUL HOFMEISTER	DIRECTOR	1.00	Director	$0	$64,247	$419,367
AMANDA VICK	PRESIDENT/CHAIR	1.00	Officer Director	$0	$38,657	$368,081
MICHAEL ICKOWSKI	CFO/TREASURER THRU 5/23	1.00	Officer Director	$0	$44,990	$272,358
ALAN TOWNSEND	INTERIM CFO/TREASURER	1.00	Officer Director	$184,211	$0	$184,211
SARAH SOSA	DIRECTOR	40.00	Director	$83,235	$37,515	$120,750
REV LAUREN EKDAHL	DIRECTOR	1.00	Director	$0	$0	$0
MELODY BIBB	SECRETARY	1.00	Officer	$0	$50,718	$126,324
JOHN MENTGEN	FORMER OFFICER	0.00		$0	$38,551	$298,943

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	No data	No data	No data	No data
2023	$2,693,146	$2,572,533	$4,248,552	$120,613
2022	$2,738,221	$2,789,317	$3,632,527	$-51,096
2021	$2,940,129	$2,676,187	$4,521,492	$263,942
2020	$4,000,337	$2,581,051	$4,669,244	$1,419,286
2019	$3,714,838	$2,594,406	$3,130,122	$1,120,432
2018	$2,478,160	$2,438,059	$2,273,221	$40,101

REGIONAL WEST VILLAGE