ABERDEEN SENIOR HOUSING INC

EIN: 421569394 501(c)(3) Housing & Shelter

Timonium, MD

Total Revenue
$692,508
Total Expenses
$862,975
Total Assets
$3,761,904
Net Assets
$-2,906,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MD
Principal Officer
David W Kinkopf
Phone
6676003216
Tax Period
2024-07-01 to 2025-06-30

ABERDEEN SENIOR HOUSING INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $693K in total revenue in fiscal year 2024. Expenses of $863K exceeded revenue, resulting in a 25% operating deficit.

Mission

To provide affordable, supportive communities for older adults with a resolve to nurture a spirit of purpose, wellness, and harmony among both our residents and colleagues.

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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 (2024)

Revenue Breakdown

Contributions & Grants $345,134
Program Service Revenue $341,400
Investment Income $5,974
Other Revenue $0
TOTAL REVENUE $692,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $310,903
Fundraising Expenses $0
Program Expenses $797,792
Other Expenses $552,072
TOTAL EXPENSES $862,975

Year-over-Year Comparison

2024 2023 Change
Revenue $692,508 $652,938 +0.1%
Expenses $862,975 $820,943 +0.1%
Net Income $-170,467 $-168,005 +0.0%
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
10
Independent Members
6
Employees
N/A
Volunteers
2

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
4
$981,286
Total Directors
11
$702,941
Key Employees
2
$462,905
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William J McCarthy Jr Executive Director and Secretary 1
Officer Director
$0 $76,105 $702,941
Sarah I Beckwith Treasurer 1
Officer
$0 $50,841 $278,345
Ashley Valis Chief Operating Officer 1
Key Emp
$0 $24,919 $255,994
Mary Choplick Director Senior Communities 1
Key Emp
$0 $46,020 $206,911
Marc Wyatt Director 1
Director
$0 $0 $0
Archbishop William E Lori Chairman 1
Director
$0 $0 $0
Most Rev Adam Parker Director 1
Director
$0 $0 $0
Pamela W Gray Director 0
Director
$0 $0 $0
Tamla A Olivier Director 1
Director
$0 $0 $0
Natalie McSherry Director 1
Director
$0 $0 $0
Daniel Rizzo President 1
Officer Director
$0 $0 $0
Michael Bison Director 1
Director
$0 $0 $0
Aileen Eskildsen Director 1
Director
$0 $0 $0
David W Kinkopf Named Incoming Executive Director 1
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
2025 $692,508 $862,975 $3,761,904 $-170,467
2024 No data No data No data No data
2023 $646,600 $798,047 $4,023,992 $-151,447
2022 $597,561 $741,470 $4,095,605 $-143,909
2021 $561,787 $725,382 $4,202,931 $-163,595
2020 $541,932 $666,550 $4,442,288 $-124,618
2019 $523,770 $667,677 $4,454,131 $-143,907
2018 $506,953 $672,770 $4,691,719 $-165,817
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