NORTH DADE SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION INC

EIN: 591894611 501(c)(3) Housing & Shelter

PLANTATION, FL

Total Revenue
$1,601,984
Total Expenses
$1,453,925
Total Assets
$1,932,492
Net Assets
$-1,044,210
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
FL
Principal Officer
MELANIE RIBEIRO
Phone
9548359200
Tax Period
2024-07-01 to 2025-06-30

NORTH DADE SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION INC, founded in 1977, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 9% surplus.

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: $860,813 Revenue: $1,601,420

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

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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 $0
Program Service Revenue $1,598,878
Investment Income $564
Other Revenue $2,542
TOTAL REVENUE $1,601,984

Expense Breakdown

Grants Paid $0
Salaries & Benefits $313,139
Fundraising Expenses $0
Program Expenses $860,813
Other Expenses $1,140,786
TOTAL EXPENSES $1,453,925

Year-over-Year Comparison

2024 2023 Change
Revenue $1,601,984 $1,519,022 +0.1%
Expenses $1,453,925 $1,504,560 0.0%
Net Income $148,059 $14,462 +9.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
10
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
$521,004
Total Directors
8
$521,004
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 Director
$0 $75,384 $521,004
MARIA C CORDONE SECRETARY 0.30
Officer Director
$0 $0 $0
LISA DAVIS DIRECTOR 0.10
Director
$0 $0 $0
SHERWOOD DUBOSE DIRECTOR 0.10
Director
$0 $0 $0
TONY FRANSETTA DIRECTOR 0.10
Director
$0 $0 $0
REGGIE LEON DIRECTOR 0.10
Director
$0 $0 $0
ERICA SCHMELZER TREASURER 0.10
Officer Director
$0 $0 $0
CHRISTOPHER M SHELTON PRESIDENT 0.50
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 $1,601,984 $1,453,925 $1,932,492 $148,059
2024 $1,519,022 $1,504,560 $1,922,776 $14,462
2023 $1,460,952 $1,429,390 $1,810,488 $31,562
2022 $1,403,951 $1,277,259 $1,625,984 $126,692
2021 $1,382,287 $1,306,952 $1,554,133 $75,335
2020 $1,352,113 $1,296,460 $1,601,312 $55,653
2019 $1,225,743 $1,131,800 $1,555,907 $93,943
2018 $1,390,822 $1,278,788 $1,564,360 $112,034
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