SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF CHICAGO

EIN: 521156674 501(c)(3) Housing & Shelter

PLANTATION, FL

Total Revenue
$4,747,244
Total Expenses
$3,689,457
Total Assets
$7,470,387
Net Assets
$5,275,807
🔒

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
1976
Legal Domicile
DC
Principal Officer
MELANIE RIBEIRO
Phone
9548359200
Tax Period
2024-07-01 to 2025-06-30

SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF CHICAGO, founded in 1976, is a community nonprofit in the Housing & Shelter sector that reported $4.7M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 22% operating margin.

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $2,075,110 Revenue: $4,704,484

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE 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 $0
Program Service Revenue $4,704,484
Investment Income $37,354
Other Revenue $5,406
TOTAL REVENUE $4,747,244

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,076,479
Fundraising Expenses $0
Program Expenses $2,075,110
Other Expenses $2,612,978
TOTAL EXPENSES $3,689,457

Year-over-Year Comparison

2024 2023 Change
Revenue $4,747,244 $4,606,761 +0.0%
Expenses $3,689,457 $3,579,384 +0.0%
Net Income $1,057,787 $1,027,377 +0.0%
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
9
Independent Members
8
Employees
17
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
5
$547,545
Total Directors
9
$26,541
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELANIE RIBEIRO VICE PRESIDE 0.70
Officer
$0 $75,384 $521,004
JOHN OLSEN DIRECTOR/TRE 0.50
Officer Director
$0 $0 $26,541
MAXINE CARTER DIRECTOR 0.10
Director
$0 $0 $0
MARIA CORDONE SECRETARY 0.30
Officer Director
$0 $0 $0
TONY FRANSETTA DIRECTOR 0.10
Director
$0 $0 $0
ERICA SCHMELZER DIRECTOR 0.10
Director
$0 $0 $0
CHRISTOPHER SHELTON PRESIDENT 0.50
Officer Director
$0 $0 $0
MARJORIE SLISZ DIRECTOR 0.10
Director
$0 $0 $0
PETER TYOR DIRECTOR 0.10
Director
$0 $0 $0
THOMAS P VILLANOVA TREASURER/DI 0.10
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 $4,747,244 $3,689,457 $7,470,387 $1,057,787
2024 $4,606,761 $3,579,384 $6,662,900 $1,027,377
2023 $4,417,407 $3,832,793 $6,102,371 $584,614
2022 $4,249,359 $3,595,527 $5,041,193 $653,832
2021 $4,178,488 $3,536,232 $4,571,588 $642,256
2020 $4,427,184 $3,403,515 $4,853,593 $1,023,669
2019 $4,026,767 $3,575,744 $4,804,899 $451,023
2018 $3,975,206 $3,977,547 $5,720,258 $-2,341
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF CHICAGO with other nonprofits in Florida 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.