SENIORS UNLIMITED LIFESTYLES INC

EIN: 562493920 501(c)(3) Housing & Shelter

Chesapeake, VA

Total Revenue
$814,436
Total Expenses
$814,554
Total Assets
$60,510
Net Assets
$-69,767
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
VA
Phone
7577373713
Tax Period
2024-01-01 to 2024-12-31

SENIORS UNLIMITED LIFESTYLES INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $814K in total revenue in fiscal year 2024. Revenue surged 1546% from the prior year, signaling strong growth momentum.

Mission

Provide affordable housing and services to underserved senior citizens

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $812,385
Program Service Revenue $0
Investment Income $2,051
Other Revenue $0
TOTAL REVENUE $814,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,000
Fundraising Expenses $1,465
Program Expenses $804,833
Other Expenses $799,554
TOTAL EXPENSES $814,554

Year-over-Year Comparison

2024 2023 Change
Revenue $814,436 $49,481 +15.5%
Expenses $814,554 N/A N/A
Net Income $-118 $49,481 -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
7
Independent Members
7
Employees
N/A
Volunteers
22

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
$15,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA D WHITEHEAD CHIEF EXECUTIVE OFFICER 40.00
Officer
$15,000 $0 $15,000
KEDRON A SPRINGER PRESIDENT 10.00
Officer
$0 $0 $0
GERALD PORTER TREASURER 5.00
Officer
$0 $0 $0
EVELYN COOPER BOARD MEMBER 5.00
Officer
$0 $0 $0
MONIQUE HITCHCOCK VICE PRESIDENT 5.00
Officer
$0 $0 $0
KATRINA GRIGGS SECRETARY 5.00
Officer
$0 $0 $0
TIFFANY LOLAND BOARD MEMBER 5.00
Officer
$0 $0 $0
ORGANIZATION N/A 0.00
Officer
$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
2024 $814,436 $814,554 $60,510 $-118
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