RVM ASHLAND HOUSING CORPORATION DONALD E LEWIS RETIREMENT CENTER (EIN 930942933) - 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

1989

Legal Domicile

Principal Officer

LARRY BOECK

Phone

5418577205

Tax Period

2024-07-01 to 2025-06-30

RVM ASHLAND HOUSING CORPORATION DONALD E LEWIS RETIREMENT CENTER, founded in 1989, is a small nonprofit in the Housing & Shelter sector that reported $625K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $548K left a modest 12% surplus.

Mission

AS LEADERS IN AFFORDABLE HOUSING, WE ARE DEDICATED TO QUALITY, RESPECT AND INTEGRITY. OUR DESIRE IS TO PROVIDE SUPPORT AND RESOURCES TO CREATE AN ENVIRONMENT THAT WILL ENRICH THE LIVES OF OUR EMPLOYEES AND RESIDENTS. WE TAKE PRIDE IN BUILDING, ADMINISTERING, AND MAINTAINING HIGH STANDARDS OF SERVICE FOR INDIVIDUALS AND FAMILIES. WITH CONTINUED EDUCATION, COMMUNITY INVOLVEMENT, AND REFINED PRACTICES, WE WILL DEVELOP AND MAINTAIN SUPERIOR AFFORDABLE HOUSING THAT SURPASSES EXPECTATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $368,347

Program Service Revenue $148,605

Investment Income $337

Other Revenue $107,320

TOTAL REVENUE $624,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,376

Fundraising Expenses $0

Program Expenses $425,282

Other Expenses $398,052

TOTAL EXPENSES $548,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$624,609	$450,632	+0.4%
Expenses	$548,428	$538,385	+0.0%
Net Income	$76,181	$-87,753	-1.9%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY BOECK	CHAIR	0.04	Officer Director	$0	$0	$0
SHAWNA SLOAN	VICE CHAIR	0.04	Officer Director	$0	$0	$0
DAMIEN RENNIE	TREASURER	0.04	Officer Director	$0	$0	$0
PAT TOSSAVAINEN	SECRETARY	0.04	Officer Director	$0	$0	$0
BECKY SNYDER	DIRECTOR	0.04	Director	$0	$0	$0
ROBERT KERR	DIRECTOR	0.04	Director	$0	$0	$0
JERI RENO	DIRECTOR	0.04	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	$624,609	$548,428	$858,271	$76,181
2024	$450,632	$538,385	$892,500	$-87,753
2023	$417,490	$474,786	$964,981	$-57,296
2022	$405,542	$466,421	$1,017,973	$-60,879
2021	$386,662	$427,685	$1,119,159	$-41,023
2020	$361,396	$440,094	$1,186,218	$-78,698
2019	$355,580	$396,638	$1,184,674	$-41,058
2018	$347,313	$405,308	$1,244,382	$-57,995

RVM ASHLAND HOUSING CORPORATION DONALD E LEWIS RETIREMENT CENTER