CANTEBRIA SENIOR HOMES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

DOUG SHOEMAKER

Phone

3038303300

Tax Period

2024-01-01 to 2024-12-31

CANTEBRIA SENIOR HOMES, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $487K in total revenue in fiscal year 2024. Expenses of $647K exceeded revenue, resulting in a 33% operating deficit.

Mission

OWN AND OPERATE 45-UNIT APARTMENT PROJECT KNOWN AS CANTEBRIA SENIOR HOMES LOCATED IN ENCINITAS, CALIFORNIA, PROVIDING HOUSING AND SERVICES FOR ELDERLY AND HANDICAPPED PERSONS

Program Service Accomplishments

Program 1

Expenses: $631,117 Revenue: $208,867

CANTEBRIA SENIOR HOMES WAS ORGANIZED ON MARCH 30, 2000 AS A CALIFORNIA NON-STOCK, NONPROFIT CORPORATION FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE HOUSING ACT OF 1959. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE PROJECT CONSISTS OF 45 UNITS LOCATED IN ENCINITAS, CALIFORNIA AND IS CURRENTLY OPERATING UNDER THE NAME OF CANTEBRIA SENIOR HOMES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,011

Program Service Revenue $205,458

Investment Income $1,676

Other Revenue $3,409

TOTAL REVENUE $486,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $631,117

Other Expenses $646,958

TOTAL EXPENSES $646,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$486,554	$454,643	+0.1%
Expenses	$646,958	$684,386	-0.1%
Net Income	$-160,404	$-229,743	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$3,532,060

Total Directors

$759,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE ROSENBLUM	SECRETARY/DIRECTOR	0.10	Officer Director	$0	$10,382	$242,964
LILLIAN LEW-HAILER	VICE PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$20,643	$257,735
RAMIE DARE	VICE PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$22,164	$258,451
ALVIN TUVILLA	VICE PRESIDENT	0.10	Officer	$0	$11,996	$186,256
AMY BAYLEY	ASSISTANT SECRETARY	0.10	Officer	$0	$0	$0
ASHLEI HURST	VICE PRESIDENT	0.10	Officer	$0	$18,292	$189,020
CHAD PAYNE	TREASURER	0.10	Officer	$0	$9,965	$211,480
DOUG SHOEMAKER	PRESIDENT	0.10	Officer	$0	$22,009	$317,896
ED HOLDER	VICE PRESIDENT	0.10	Officer	$0	$45,695	$310,484
ELIZABETH KUWADA	VICE PRESIDENT	0.10	Officer	$0	$23,339	$227,467
ERIKA VILLABLANCA	VICE PRESIDENT	0.10	Officer	$0	$28,906	$212,565
KASSIDI BOENING	VICE PRESIDENT	0.10	Officer	$0	$31,209	$195,151
MELISSA CLAYTON	VICE PRESIDENT	0.10	Officer	$0	$35,478	$308,489
RICH CIRAULO	VICE PRESIDENT	0.10	Officer	$0	$34,343	$215,191
RICK SPRAGUE	VICE PRESIDENT	0.10	Officer	$0	$15,510	$190,380
TIMOTHY DUNN	VICE PRESIDENT	0.10	Officer	$0	$34,000	$208,531

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	$486,554	$646,958	$1,679,020	$-160,404
2023	$454,643	$684,386	$1,859,210	$-229,743
2022	$449,483	$652,697	$2,061,084	$-203,214
2021	$427,513	$593,141	$2,248,217	$-165,628
2020	$431,523	$579,501	$2,412,932	$-147,978
2019	$387,008	$608,789	$2,638,716	$-221,781
2018	$366,312	$598,220	$2,836,103	$-231,908