LAFAYETTE SENIOR HOUSING ASSOCIATI… - Form 990 Financial Data

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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

1976

Legal Domicile

Principal Officer

MIKE ROBERTSON

Phone

9256277000

Tax Period

2022-07-01 to 2023-06-30

LAFAYETTE SENIOR HOUSING ASSOCIATION INC, founded in 1976, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2022. The organization ran a surplus of $333K, a strong 17% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH LOW-INCOME HOUSING.

Program Service Accomplishments

Program 1

Expenses: $1,589,636 Revenue: $308,122

THE CORPORATION OWNS AN APARTMENT COMPLEX OF 67 RENTAL UNITS FOR LOW-AND MODERATE-INCOME ELDERLY AND HANDICAPPED PERSONS. THE PROJECT IS REGULATED BY HUD AND CALHFA AS TO RENT CHARGES AND OPERATING...

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,357,452

Program Service Revenue $308,122

Investment Income $270,845

Other Revenue $0

TOTAL REVENUE $1,936,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $311,477

Fundraising Expenses $0

Program Expenses $1,589,636

Other Expenses $1,291,698

TOTAL EXPENSES $1,603,175

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,936,419	$1,856,991	+0.0%
Expenses	$1,603,175	$1,574,151	+0.0%
Net Income	$333,244	$282,840	+0.2%

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

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
TYLER DOUGLASS	SECRETARY	0.30	Officer Director	$0	$0	$0
MARY MUNSON	DIRECTOR	0.30	Director	$0	$0	$0
CAROL OLSON	DIRECTOR	0.30	Director	$0	$0	$0
MIKE ROBERTSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN NUROCK	TREASURER	0.30	Officer Director	$0	$0	$0
JOHN VOCKE	DIRECTOR	0.30	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	No data	No data	No data	No data
2023	$1,936,419	$1,603,175	$15,719,175	$333,244
2022	$1,856,991	$1,574,151	$15,049,739	$282,840
2021	$1,795,613	$1,497,686	$16,555,247	$297,927
2020	$1,868,685	$1,393,752	$15,247,832	$474,933
2019	$1,620,050	$1,277,497	$14,442,289	$342,553
2018	$857,828	$794,628	$1,420,924	$63,200

LAFAYETTE SENIOR HOUSING ASSOCIATION INC