Lorenz Senior Housing Inc

Nonprofit profile at a glance

EIN
943332887
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2011, Form 990-EZ 2024
Location
Walnut Creek, CA, USA
Phone
5106326712
Rating confidence
Limited
Sector
Homeowners & Tenants Associations

Reported finances

Revenue
$0
Expenses
$11
Assets
$0
Liabilities
$209

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • LESLIE TAYLOR (PRESIDENT)
  • JOHN REGAN (VICE PRESIDENT)
  • GAIL GILMAN - THRU 062024 (PRESIDENT & CEO)
  • CYNTHIA ALVAREZ (PRESIDENT & CEO)

People named in this filing

  • LESLIE TAYLOR (PRESIDENT)
  • JOHN REGAN (VICE PRESIDENT)
  • CHARLES BUCK (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

The specific charitable and public purposes for which the corporation is organized are exclusively to carry out the following: (1) providing affordable housing for low income persons, where no adequate housing exists for such groups; (2) owning and operating affordable housing for the benefit of low income persons who are in need of affordable, decent, safe and sanitary housing and related services, where an inadequate supply of housing exists for such groups; and (3) serving as a member and manager in limited liability companies which will serve as a general partner in limited partnerships which own and operate housing for the benefit of low income persons.

What it reported doing in 2024

Lorenz senior housing, inc. Is the 0.005% administrative general partner in hatler may village lllp, a Colorado limited liability limited partnership, which owns and operates a 77-unit affordable housing apartment project in Colorado springs, Colorado.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • 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: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -16.2% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -28.9% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -28.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11 in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.