SENIOR CITIZENS HOUSING DEVELOP CORP OF VILLE PLATTE

EIN: 721230203 501(c)(3)

PLANTATION, FL

Total Revenue
$572,843
Total Expenses
$708,561
Total Assets
$958,750
Net Assets
$569,485
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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
1993
Legal Domicile
LA
Principal Officer
MELANIE RIBEIRO
Phone
9548359200
Tax Period
2023-10-01 to 2024-09-30

SENIOR CITIZENS HOUSING DEVELOP CORP OF VILLE PLATTE, founded in 1993, is a small nonprofit that reported $573K in total revenue in fiscal year 2023. Expenses of $709K exceeded revenue, resulting in a 24% operating deficit.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $430,568 Revenue: $570,455

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

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $569,365
Investment Income $2,388
Other Revenue $1,090
TOTAL REVENUE $572,843

Expense Breakdown

Grants Paid $0
Salaries & Benefits $302,056
Fundraising Expenses $0
Program Expenses $430,568
Other Expenses $406,505
TOTAL EXPENSES $708,561

Year-over-Year Comparison

2023 2022 Change
Revenue $572,843 $560,141 +0.0%
Expenses $708,561 $652,448 +0.1%
Net Income $-135,718 $-92,307 +0.5%
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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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
4
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
$524,053
Total Directors
6
$26,541
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELANIE RIBEIRO DIRECTOR/VIC 0.70
Officer
$0 $72,591 $497,512
JOHN OLSEN TREASURER 0.50
Officer Director
$0 $0 $26,541
MARIA CORDONE SECRETARY 0.30
Officer Director
$0 $0 $0
BOBBY DARDEAU DIRECTOR 0.10
Director
$0 $0 $0
RANDALL M DESHOTEL DIRECTOR 0.10
Director
$0 $0 $0
MICHAEL BRENT PERRON DIRECTOR 0.10
Director
$0 $0 $0
CHRISTOPHER 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 No data No data No data No data
2024 $572,843 $708,561 $958,750 $-135,718
2023 $560,141 $652,448 $1,025,663 $-92,307
2022 $516,029 $609,734 $955,525 $-93,705
2021 $519,966 $565,066 $964,748 $-45,100
2020 $480,681 $532,635 $1,001,140 $-51,954
2019 $486,053 $490,113 $1,072,439 $-4,060
2018 $484,802 $520,063 $1,054,405 $-35,261
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