SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF BELL

EIN: 954383461 501(c)(3)

PLANTATION, FL

Total Revenue
$595,784
Total Expenses
$934,145
Total Assets
$4,672,690
Net Assets
$3,772,546
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
DC
Principal Officer
MELANIE RIBEIRO
Phone
9548359200
Tax Period
2023-07-01 to 2024-06-30

SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF BELL, founded in 1992, is a small nonprofit that reported $596K in total revenue in fiscal year 2023. Expenses of $934K exceeded revenue, resulting in a 57% 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).

Program Service Accomplishments

Program 1
Expenses: $586,998 Revenue: $591,785

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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $589,635
Investment Income $3,999
Other Revenue $2,150
TOTAL REVENUE $595,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $270,362
Fundraising Expenses $0
Program Expenses $586,998
Other Expenses $663,783
TOTAL EXPENSES $934,145

Year-over-Year Comparison

2023 2022 Change
Revenue $595,784 $592,778 +0.0%
Expenses $934,145 $898,589 +0.0%
Net Income $-338,361 $-305,811 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
4
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
4
$524,053
Total Directors
7
$26,541
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELANIE RIBEIRO VICE PRESIDE 0.70
Officer
$0 $72,591 $497,512
JOHN OLSEN TREASURER 0.40
Officer Director
$0 $0 $26,541
VIOLETA ALVAREZ DIRECTOR 0.10
Director
$0 $0 $0
DANIEL ARGUETA DIRECTOR 0.10
Director
$0 $0 $0
MARIA CORDONE SECRETARY 0.30
Officer Director
$0 $0 $0
WILLIAM J HOLAYTER DIRECTOR 0.10
Director
$0 $0 $0
JOHN MENCHACA 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
2025 No data No data No data No data
2024 $595,784 $934,145 $4,672,690 $-338,361
2023 $592,778 $898,589 $4,929,286 $-305,811
2022 $585,674 $821,939 $5,114,210 $-236,265
2021 $576,954 $802,571 $5,343,277 $-225,617
2020 $593,126 $866,332 $5,581,770 $-273,206
2019 $556,718 $796,083 $5,841,471 $-239,365
2018 $560,492 $847,173 $6,087,617 $-286,681
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