SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF BELL (EIN 954383461) - 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

1992

Legal Domicile

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).

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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 (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

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

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

$524,053

Total Directors

$26,541

Key Employees

Highest Compensated

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

SENIOR CITIZENS HOUSING DEVELOPMENT CORPORATION OF BELL