MADISON AVENUE SENIOR CITIZEN HOUSING CORPORATION

EIN: 954527339 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
$716,534
Total Expenses
$937,733
Total Assets
$2,423,303
Net Assets
$2,371,118
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
DOUGLAS COPE
Phone
3104756083
Tax Period
2024-07-01 to 2025-06-30

MADISON AVENUE SENIOR CITIZEN HOUSING CORPORATION, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $717K in total revenue in fiscal year 2024. Expenses of $938K exceeded revenue, resulting in a 31% operating deficit.

Mission

MADISON AVENUE SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION WAS FORMED TO OWN A 70-UNIT RENTAL HOUSING PROJECT FOR THE VERY LOW INCOME ELDERLY LOCATED IN HOLLYWOOD, CALIFORNIA. THE OPERATIONS OF THE PROJECT BEGAN NOVEMBER 1998, THE CORPORATION IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, WHICH GOVERNS THE OPERATIONS OF THE PROJECT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $414,248
Program Service Revenue $296,476
Investment Income $1,513
Other Revenue $4,297
TOTAL REVENUE $716,534

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $779,818
Other Expenses $937,733
TOTAL EXPENSES $937,733

Year-over-Year Comparison

2024 2023 Change
Revenue $716,534 $678,222 +0.1%
Expenses $937,733 $865,847 +0.1%
Net Income $-221,199 $-187,625 +0.2%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
$342,137
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH WEISER CHAIR 0.10
Officer Director
$0 $0 $0
DAVID GOLDMAN TREASURER 0.10
Officer Director
$0 $0 $0
ELISA PASTER SECRETARY 0.10
Officer Director
$0 $0 $0
RICHARD ROMANOFF BOARD MEMBER 0.10
Director
$0 $0 $0
DOREEN KLEE BOARD MEMBER 0.10
Director
$0 $0 $0
JON PYNOOS BOARD MEMBER 0.10
Director
$0 $0 $0
JODI COHN BOARD MEMBER 0.10
Director
$0 $0 $0
DOUGLAS COPE PRESIDENT 2.00
Officer
$0 $7,646 $342,137
ANGEL JARAMILLO CONTROLLER 2.00
Highest
$0 $18,982 $215,182
JUSTIN DEIMEL FACILITIES DIRECTOR 2.00
Highest
$0 $23,369 $189,155
DAWN BEEBE DIRECTOR OF OPERATIONS 2.00
Highest
$0 $23,488 $182,774
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 $716,534 $937,733 $2,423,303 $-221,199
2024 $678,222 $865,847 $2,653,532 $-187,625
2023 $656,867 $874,383 $2,837,344 $-217,516
2022 $634,175 $835,484 $3,047,011 $-201,309
2021 $615,137 $830,809 $3,251,606 $-215,672
2020 $593,230 $752,975 $3,465,150 $-159,745
2019 $576,770 $738,765 $3,619,221 $-161,995
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MADISON AVENUE SENIOR CITIZEN HOUSING CORPORATION with other nonprofits in California and across the country.