Senior Citizens Housing Devel Corp

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

6 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Low income housing for the elderly and handicapped

Operation of low income housing for the elderly and handicapped. Regulated and assisted by the department of housing and urban development (hud)

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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

Consistency checks: 91.7%; rating input score 92; 16th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 83.3%; rating input score 83; 21st percentile among comparable filings
Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass

Operating margin: 3.3%; rating input score 55; 55th percentile among comparable filings
Total-asset coverage ratio: 2.27; rating input score 63; 63rd percentile among comparable filings
Liabilities to assets ratio: 1.19; rating input score 6; 6th percentile among comparable filings
Officer compensation ratio: Limited

Program expense growth: Limited
Revenue growth: 0.3% per year; rating input score 100; 46th percentile among comparable filings
Asset growth: -1.8% per year; rating input score 0; 42nd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 5 of 6 board members independent · 3 of 8 filing controls reported
Programs: 2 filed program accomplishments · $298K in reported program spending
Leadership: top reported pay $33K · 6 people listed
Consistency: 25 of 26 current checks pass · 1 finding to review
Schedules: 4 filed schedules
Filing history: 2 filing years from 2010 to 2011
Related organizations: 1 filed related-organization link
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Accountability: Governance controls: 5 of 8 not reported.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Operating margin scored 55/100.
Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
High — Sustainability: Liabilities to assets ratio scored 6/100.