Rivertown Neighborhood Senior Non Profit Housing

EIN: 454963459 501(c)(3) Housing & Shelter

Southfield, MI

Total Revenue
$654,085
Total Expenses
$647,064
Total Assets
$5,240,738
Net Assets
$-1,786,720
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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
2012
Legal Domicile
MI
Principal Officer
Steve Fetyko
Tax Period
2024-07-01 to 2025-06-30

Rivertown Neighborhood Senior Non Profit Housing, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $654K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

Provide housing and related services to low income senior adults.

Program Service Accomplishments

Program 1
Expenses: $549,167 Revenue: $654,085

Provide housing and services to low income senior adults

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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 $145,000
Program Service Revenue $508,697
Investment Income $198
Other Revenue $190
TOTAL REVENUE $654,085

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,533
Fundraising Expenses $0
Program Expenses $549,167
Other Expenses $541,531
TOTAL EXPENSES $647,064

Year-over-Year Comparison

2024 2023 Change
Revenue $654,085 $486,770 +0.3%
Expenses $647,064 $750,334 -0.1%
Net Income $7,021 $-263,564 -1.0%
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
6
Independent Members
6
Employees
2
Volunteers
6

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
3
$84,449
Total Directors
7
$84,449
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wenona Breazeale Administrator 010.00
Officer Director
$9,340 $0 $84,449
Lynda Jeffries Director 001.00
Director
$0 $0 $0
Robert Schroeder Secretary 001.00
Officer Director
$0 $0 $0
Steve Fetyko Treasurer 001.00
Officer Director
$0 $0 $0
Laurie Coplin Director 001.00
Director
$0 $0 $0
Nicole Maag Director 001.00
Director
$0 $0 $0
Julia Szuper Director 001.00
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 $654,085 $647,064 $5,240,738 $7,021
2024 $486,770 $750,334 $5,399,354 $-263,564
2023 $460,149 $710,184 $5,674,776 $-250,035
2022 $458,007 $717,758 $5,812,464 $-259,751
2021 $448,082 $672,000 $6,036,890 $-223,918
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