SINGLE ROOM OCCUPANCY HOUSING CORPORATION (EIN 953909215) - Form 990 Financial Analysis & Trantor Score

🔒

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

1984

Legal Domicile

Principal Officer

ANITA NELSON

Phone

2132299640

Tax Period

2024-07-01 to 2025-06-30

SINGLE ROOM OCCUPANCY HOUSING CORPORATION, founded in 1984, is a mid-sized nonprofit in the Housing & Shelter sector that reported $27.9M in total revenue in fiscal year 2024. Expenses of $36.6M exceeded revenue, resulting in a 31% operating deficit.

Mission

SRO HOUSING IS DEDICATED TO BUILDING A VIBRANT COMMUNITY FOR HOMELESS AND LOW-INCOME INDIVIDUAL MEN AND WOMEN. WE PURSUE OUR MISSION OF COMMUNITY REVITALIZATION BY PROVIDING CLEAN, SAFE, AND AFFORDABLE HOUSING, MANAGING PUBLIC SPACE, AND ADMINISTERING NEEDED SUPPORTIVE SERVICES WITH OVER 2,500 UNITS, INCLUDING THOSE IN DEVELOPMENT.

🔒

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 $2,072,204

Program Service Revenue $25,073,091

Investment Income $79,110

Other Revenue $719,535

TOTAL REVENUE $27,943,940

Expense Breakdown

Grants Paid $1,096,209

Salaries & Benefits $12,773,359

Fundraising Expenses $0

Program Expenses $34,427,053

Other Expenses $22,744,591

TOTAL EXPENSES $36,614,159

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,943,940	$26,466,969	+0.1%
Expenses	$36,614,159	$35,224,362	+0.0%
Net Income	$-8,670,219	$-8,757,393	0.0%

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

Employees

271

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

$702,949

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALTON L WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA JACKSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JUNE PARK	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHY NORRIS	AUDIT CHAIR	1.00	Director	$0	$0	$0
ROBERT PRATT	DIRECTOR	1.00	Director	$0	$0	$0
WESTLEY SHOLES	CHAIR	1.00	Officer Director	$0	$0	$0
ANITA U NELSON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$502,179	$48,033	$550,212
LILY YEE	CHIEF FINANCIAL OFFICER (OUTGOING)	40.00	Officer	$142,946	$9,791	$152,737
BERNADETTE WONG	DIRECTOR OF ACCOUNTING AND	40.00	Highest	$160,402	$19,309	$179,711
GREGORY SMITH	DIRECTOR OF REAL ESTATE DEVELOPMENT	40.00	Highest	$194,069	$710	$194,779
JOSEPH CORCORAN	DIRECTOR OF PLANNING/HOUSI	40.00	Highest	$188,144	$27,655	$215,799
MONICA GUTHRIE-DAVIS	DIR OF PROGRAMS/SUPPORTIVE	40.00	Highest	$170,194	$9,430	$179,624
WANDA SHREWSBERRY	DIRECTOR OF HUMAN RESOURCE	40.00	Highest	$153,419	$21,828	$175,247

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	$27,943,940	$36,614,159	$106,722,033	$-8,670,219
2024	No data	No data	No data	No data
2023	$23,827,281	$33,029,066	$62,615,354	$-9,201,785
2022	$21,747,617	$22,918,541	$74,809,989	$-1,170,924
2021	$24,140,740	$21,944,852	$62,333,693	$2,195,888
2020	$19,711,966	$18,703,774	$69,381,329	$1,008,192
2019	$19,059,019	$18,184,757	$61,577,291	$874,262
2018	$13,469,763	$13,625,251	$28,477,634	$-155,488

SINGLE ROOM OCCUPANCY HOUSING CORPORATION