GARDENA MARINE AVENUE SENIOR HOUSING INC

EIN: 383264730 501(c)(3) Housing & Shelter

WARREN, MI

Total Revenue
$949,996
Total Expenses
$1,005,689
Total Assets
$3,816,899
Net Assets
$3,736,770
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CA
Principal Officer
CINDY LAMB
Phone
5867539002
Tax Period
2024-07-01 to 2025-06-30

GARDENA MARINE AVENUE SENIOR HOUSING INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $950K in total revenue in fiscal year 2024. Net assets of $3.7M represent 47 months of operating reserves.

Mission

TO PROVIDE HOUSING FACILITIES FOR LOW INCOME SENIOR CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $692,371 Revenue: $397,244

GARDENA MARINE AVE. SENIOR HOUSING, INC., IS A CALIFORNIA NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE...

Read more

GARDENA MARINE AVE. SENIOR HOUSING, INC., IS A CALIFORNIA NON-PROFIT HOUSING CORPORATION ORGANIZED ON A NON-STOCK BASIS BY COOPERATIVE SERVICES, INC., A MICHIGAN NON-PROFIT COOPERATIVE. THE CORPORATION WAS FORMED IN NOVEMBER 1995 TO ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN GARDENA, CALIFORNIA AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT PROJECT OF 80 UNITS. THE HOUSING IS PROVIDED TO LOW INCOME SENIORS IN COOPERATION WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $541,647
Program Service Revenue $397,244
Investment Income $10,670
Other Revenue $435
TOTAL REVENUE $949,996

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $692,371
Other Expenses $1,005,689
TOTAL EXPENSES $1,005,689

Year-over-Year Comparison

2024 2023 Change
Revenue $949,996 $902,244 +0.1%
Expenses $1,005,689 $963,841 +0.0%
Net Income $-55,693 $-61,597 -0.1%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
15

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
8
$613,148
Total Directors
16
$613,148
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERYLE MOREY PRESIDENT 0.10
Officer Director
$0 $0 $0
MARY DALESSANDRO VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
JERI DRAUGHON SECRETARY 0.10
Officer Director
$0 $0 $0
SHIRLEY MORELAND TREASURER 0.10
Officer Director
$0 $0 $0
ANNE SACKRISON ASSISTANT SECRETARY 0.10
Officer Director
$0 $69,471 $368,043
CINDY LAMB ASSISTANT TREASURER 0.10
Officer Director
$0 $38,191 $245,105
GINA CARTER DIRECTOR 0.10
Director
$0 $0 $0
ETHEL YOUNG DIRECTOR 0.10
Director
$0 $0 $0
DEANIE ROBINSON DIRECTOR 0.10
Director
$0 $0 $0
CATHERINE POWELL DIRECTOR 0.10
Director
$0 $0 $0
GERALD MAHOM JR DIRECTOR 0.10
Director
$0 $0 $0
GLORIA HARRIS DIRECTOR 0.10
Director
$0 $0 $0
TIM BRAUNSCHEIDAL CHIEF OPERATIONS OFFICER 0.10
Highest
$0 $54,786 $242,844
MEL HUDSON NATIONAL CONSTRUCTION MANAGER 0.10
Highest
$0 $66,377 $269,361
DIANE SMITH NATIONAL DEVELOPMENT MANAGER 0.10
Highest
$0 $55,737 $259,515
MARGUERITE D ANGELO REGIONAL MANAGER 0.10
Highest
$0 $28,825 $213,583
DARLA HUTTINGER REGIONAL MANAGER 0.10
Highest
$0 $43,767 $220,392
ANNIE MITCHELL FORMER PRESIDENT 0.10
Officer Director
$0 $0 $0
GLORIA PARRIS FORMER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
MARIETTA MARTIN FORMER DIRECTOR 0.10
Director
$0 $0 $0
JUDY ROBERTS FORMER DIRECTOR 0.10
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 $949,996 $1,005,689 $3,816,899 $-55,693
2024 $902,244 $963,841 $3,866,295 $-61,597
2023 $851,399 $966,710 $3,977,157 $-115,311
2022 $818,680 $902,334 $4,032,950 $-83,654
2021 $793,954 $919,259 $4,140,635 $-125,305
2020 $746,758 $822,979 $4,282,712 $-76,221
2019 $708,528 $824,861 $4,342,091 $-116,333
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GARDENA MARINE AVENUE SENIOR HOUSING INC with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.