DANVILLE SENIOR HOUSING INC

EIN: 541792182 501(c)(3) Housing & Shelter

NORFOLK, VA

Total Revenue
$321,479
Total Expenses
$354,490
Total Assets
$643,881
Net Assets
$-1,709,557
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
VA
Principal Officer
JACQUELINE WILLIAMSON
Phone
7576223969
Tax Period
2024-04-01 to 2025-03-31

DANVILLE SENIOR HOUSING INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $255K in total revenue in fiscal year 2018. Expenses of $319K exceeded revenue, resulting in a 25% operating deficit.

Mission

DANVILLE SENIOR HOUSING, INC., A VIRGINIA NOT-FOR-PROFIT CORPORATION, WAS FORMED TO DEVELOP, OWN AND OPERATE A 41-UNIT APARTMENT COMMUNITY IN DANVILLE, VIRGINIA, KNOWN AS HAIRSTON AND JOHNSON HOUSING COMPLEX, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME FAMILIES OR PERSONS IN THE NORMAL COURSE OF BUSINESS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $180,840
Program Service Revenue $127,733
Investment Income $6,966
Other Revenue $5,940
TOTAL REVENUE $321,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $227,883
Other Expenses $354,490
TOTAL EXPENSES $354,490

Year-over-Year Comparison

2024 2023 Change
Revenue $321,479 $318,544 +0.0%
Expenses $354,490 $358,597 0.0%
Net Income $-33,011 $-40,053 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE WILLIAMSON PRESIDENT 0.50
Officer Director
$0 $0 $0
SOPHRONIA WALLER VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MARY RAMBERT SECRETARY 0.50
Officer Director
$0 $0 $0
NANCY J CHANEY ASSISTANT SECRETARY 0.50
Officer Director
$0 $0 $0
TONI TRAYNHAM MEMBER 0.50
Director
$0 $0 $0
SHELBY TOTTEN ASSISTANT SECRETARY 0.50
Director
$0 $0 $0
HARRIETT PRICE MEMBER 0.50
Director
$0 $0 $0
DARLISE CARTER MEMBER 0.50
Director
$0 $0 $0
PATRICIA ROBISON MEMBER 0.50
Director
$0 $0 $0
DORETHA GILLIAM MEMBER 0.50
Director
$0 $0 $0
DIANE M NEWELL MEMBER 0.50
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 $321,479 $354,490 $643,881 $-33,011
2024 $318,544 $358,597 $659,932 $-40,053
2023 $298,904 $370,584 $684,249 $-71,680
2022 $279,568 $361,417 $765,518 $-81,849
2021 $292,031 $325,912 $862,428 $-33,881
2020 $260,748 $350,668 $879,902 $-89,920
2019 $254,787 $319,428 $959,537 $-64,641
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