SENIOR CITIZENS HOUSING DEVELOP CORP OF VILLE PLATTE (EIN 721230203) - Form 990 Financial Analysis & Trantor Score

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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

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).

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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%)

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

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

Governance

Voting Members

Independent Members

Employees

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

$524,053

Total Directors

$26,541

Key Employees

Highest Compensated

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
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

SENIOR CITIZENS HOUSING DEVELOP CORP OF VILLE PLATTE