Hercules Senior Housing Inc
Nonprofit profile at a glance
- EIN
- 943262543
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- San Francisco, CA, USA
- Phone
- 4159891111
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $98,052
- Expenses
- $28,222
- Assets
- $38,310
- Liabilities
- $796,637
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KENNETH LOMBARD (PRESIDENT)
- REBECCA HLEBASKO (VICE PRESIDENT/SECRETARY)
- SIERRA ATILANO (VICE PRESIDENT)
- JAMES MATHER (VICE PRESIDENT)
- SMITHA SESHADRI (VICE PRESIDENT)
- NATALIA WILLIAMS (VICE PRESIDENT)
People named in this filing
- KENNETH LOMBARD (PRESIDENT)
- DELPHINE SHERMAN (EVP/CFO)
- REBECCA HLEBASKO (VICE PRESIDENT/SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mission: this organization supports bridge housing corporation (bridge). Bridge strengthens communities by developing, owning and managing high-quality, affordable homes for working families and seniors.vision:* bridge strengthens communities and creates opportunities for working families and seniors, beginning but not ending with housing.* bridge is a leader and innovator in the mission-driven business of effective production, operation and ownership of affordable and mixed-income housing.* bridge earns the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees.* bridge is the go-to developer and owner for public officials, investors and communities seeking an array of housing solutions, and it delivers results.
What it reported doing in 2024
The organization is a general partner in partnerships owning and operating affordable housing projects for low-income persons.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 68
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.8%; rating input score 29
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 71.2%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 1.36; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 20.79; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -51.6% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 42nd percentile among comparable filings
- Asset growth: -11.8% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 28.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $28K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 215 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 29/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.