Civic Intelligence

Rayne Elderly Housing Corporation

EIN 72-1346868 • 501(c)3 • Plantation, FL

Profile

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

1200 South Pine Island Road Ste 300Plantation, FL 33324

www.ehdoc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.20x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.97x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

11th percentile

-30%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-2.7%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-1.0%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,000,031

Down $27,899 (-2.7%) from 2023

Liabilities

Up

$204,289

Up $34,859 (+21%) from 2023

Net Assets

Down

$795,742

Down $62,758 (-7.3%) from 2023

Revenue

Down

$210,474

Down $2,221 (-1.0%) from 2023

Expenses

Up

$273,232

Up $61,940 (+29%) from 2023

Net Income

Down

-$62,758

Down $64,161 (-4573%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $894,046Liabilities 2010: $44,610Net Assets 2010: $849,4362010Assets 2011: $863,715Liabilities 2011: $55,443Net Assets 2011: $808,2722011Assets 2012: $832,256Liabilities 2012: $47,801Net Assets 2012: $784,4552012Assets 2013: $803,163Liabilities 2013: $28,045Net Assets 2013: $775,1182013Assets 2014: $835,747Liabilities 2014: $30,793Net Assets 2014: $804,9542014Assets 2015: $880,111Liabilities 2015: $45,023Net Assets 2015: $835,0882015Assets 2016: $892,983Liabilities 2016: $40,970Net Assets 2016: $852,0132016Assets 2017: $921,039Liabilities 2017: $23,864Net Assets 2017: $897,1752017Assets 2018: $920,709Liabilities 2018: $53,451Net Assets 2018: $867,2582018Assets 2019: $926,236Liabilities 2019: $61,491Net Assets 2019: $864,7452019Assets 2020: $950,614Liabilities 2020: $70,097Net Assets 2020: $880,5172020Assets 2021: $950,955Liabilities 2021: $108,280Net Assets 2021: $842,6752021Assets 2022: $985,949Liabilities 2022: $128,852Net Assets 2022: $857,0972022Assets 2023: $1,027,930Liabilities 2023: $169,430Net Assets 2023: $858,5002023Assets 2024: $1,000,031Liabilities 2024: $204,289Net Assets 2024: $795,7422024

Highlighted filing

2024

Assets$1,000,031
Liabilities$204,289
Net Assets$795,742

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $164,9292010Expenses 2011: $176,3362011Expenses 2012: $172,3892012Revenue 2013: $147,712Expenses 2013: $157,049Net Income 2013: -$9,3372013Revenue 2014: $207,905Expenses 2014: $178,069Net Income 2014: $29,8362014Revenue 2015: $212,478Expenses 2015: $182,344Net Income 2015: $30,1342015Revenue 2016: $211,897Expenses 2016: $194,972Net Income 2016: $16,9252016Revenue 2017: $237,823Expenses 2017: $192,661Net Income 2017: $45,1622017Revenue 2018: $172,976Expenses 2018: $202,893Net Income 2018: -$29,9172018Revenue 2019: $200,745Expenses 2019: $203,258Net Income 2019: -$2,5132019Revenue 2020: $201,763Expenses 2020: $211,622Net Income 2020: -$9,8592020Revenue 2021: $186,862Expenses 2021: $224,704Net Income 2021: -$37,8422021Revenue 2022: $186,849Expenses 2022: $172,427Net Income 2022: $14,4222022Revenue 2023: $212,695Expenses 2023: $211,292Net Income 2023: $1,4032023Revenue 2024: $210,474Expenses 2024: $273,232Net Income 2024: -$62,7582024

Highlighted filing

2024

Revenue$210,474
Expenses$273,232
Net Income-$62,758

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.20$0.80$0.21$0.27$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.03$0.17$0.86$0.21$0.21$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.13$0.86$0.19$0.17$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.11$0.84$0.19$0.22$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.07$0.88$0.20$0.21$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.06$0.86$0.20$0.20$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.05$0.87$0.17$0.20$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.02$0.90$0.24$0.19$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.04$0.85$0.21$0.19$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.05$0.84$0.21$0.18$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.03$0.80$0.21$0.18$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.03$0.78$0.15$0.16$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.05$0.78$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.06$0.81$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.04$0.85$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 11, 2025
Return Version
2024v5.0
Gross Receipts
$210,474
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$601,316$572,399▼ $28,917
Savings and Temporary Cash Investments$412,405$402,862▼ $9,543
Prepaid Expenses and Deferred Charges$12,044$12,813▲ $769
Cash and Non-Interest-Bearing Accounts$1,888$11,254▲ $9,366
Accounts Receivable$277$703▲ $426
Total Assets$1,027,930$1,000,031▼ $27,899
Liabilities
Other Liabilities$138,902$192,281▲ $53,379
Accounts Payable and Accrued Expenses$18,159--
Mortgage Notes Payable Secured by Investment Property$7,034$6,437▼ $597
Escrow Account Liability$4,603$4,883▲ $280
Deferred Revenue$732$688▼ $44
Total Liabilities$169,430$204,289▲ $34,859
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,130,793$1,130,793→ $0
Net Assets Without Donor Restrictions$-272,293$-335,051▼ $62,758
Total Net Assets Fund Balance$858,500$795,742▼ $62,758
Total Liabilities and Net Assets / Fund Balance$1,027,930$1,000,031▼ $27,899

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$504,839$761,811$1,266,650
Land$50,000-$50,000
Other Land Buildings$17,560$24,836$42,396
Equipment-$8,824$8,824
Compensation and Service Providers

Employees

NameTitleOtherTotal
Melanie RibeiroVice Preside$521,004$521,004

Board Members and Trustees

NameTitle
Christopher SheltonPresident
Melanie RibeiroVice President
Edward RomeroDirector
Tony FransettaDirector
Maria CordoneSecretary
Erica SchmelzerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$200,845
Investment Income
$8,490
Other Revenue
$1,139
Change in Net Assets
$-62,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$185,454
Salaries, Compensation, and Employee Benefits$87,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$63,758$21,248-$85,006
Other Salaries and Wages$29,138$22,001-$51,139
Depreciation Depletion$26,669$8,889-$35,558
Other Employee Benefits$12,723$8,173-$20,896
Fees for Services Accounting$10,563$7,079-$17,642
Fees for Services Other$11,108$5,163-$16,271
Fees for Services Management$1,339$10,702-$12,041
Pension Plan Contributions$6,746$4,970-$11,716
Office Expenses$6,628$2,208-$8,836
Payroll Taxes$2,295$1,732-$4,027
Advertising$2,289$761-$3,050
Information Technology$2,179$726-$2,905
Travel$1,403$468-$1,871
Insurance-$739-$739
Other Expenses$301$100-$401
Fees for Services Legal-$104-$104
Total Functional Expenses$177,912$95,320$0$273,232
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payables$192,281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Management is provided by elderly housing development & operations corporation (ehdoc). Services provided by ehdoc include the staffing and human resources of site employees, budgeting, and supervision of operations.

Form 990, Page 6, Part VI, Line 11B

A member of management will review the 990 ahead of filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Rayne Elderly Housing Corporation
EIN
72-1346868
Phone
9548359200
Address
1200 SOUTH PINE ISLAND ROAD STE 300, PLANTATION, FL 33324
Doing Business As
Leisure Lane Apartments

Signing Officer

Name
Melanie Ribeiro
Title
Vice President
Phone
9548359200
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melanie Ribeiro
Formed
1996
Legal Domicile
La
Voting Board Members
6
Independent Board Members
5
Employees
6

Preparer

Firm
Bellows Associates Pa
Address
5401 N UNIVERSITY DRIVE SUITE 201, CORAL SPRINGS, FL 33067
Preparer
Jennifer Whitelock CPA
Phone
9548387000
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Leisure lane holds tenant security deposits in escrow until the end of the lease when the deposits are then returned to the tenant upon conditional requirements being met.

Raw XML AppendixShowing 400 of 443 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENT
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165182
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IRS990/PYContributionsGrantsAmt01749
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IRS990/PYSalariesCompEmpBnftPaidAmt059563
IRS990/PYTotalExpensesAmt0211292
IRS990/PYTotalRevenueAmt0212695
IRS990/ReconcilationRevenueExpnssAmt0-62758
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0201984
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0412405
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TENANT CHARGES 2020 256 TENANT CHARGES 2021 193 TENANT CHARGES 2023 85 TENANT CHARGES 2024 1,139
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0127897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0132445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0144465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0681291
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08490
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07847
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01888
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0335
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018591
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0297088
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01139
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt085
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0193
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0256
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01673
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.98360
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0144465
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0681291
IRS990ScheduleA/TotalSupportAmt0701555
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0761811
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01266650
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08824
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08824
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017560
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024836
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0192281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LEISURE LANE HOLDS TENANT SECURITY DEPOSITS IN ESCROW UNTIL THE END OF THE LEASE WHEN THE DEPOSITS ARE THEN RETURNED TO THE TENANT UPON CONDITIONAL REQUIREMENTS BEING MET.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
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IRS990ScheduleD/TotalLiabilityAmt0192281
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt026737
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt048647
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MELANIE RIBEIRO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0521004
IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT IS PROVIDED BY ELDERLY HOUSING DEVELOPMENT & OPERATIONS CORPORATION (EHDOC). SERVICES PROVIDED BY EHDOC INCLUDE THE STAFFING AND HUMAN RESOURCES OF SITE EMPLOYEES, BUDGETING, AND SUPERVISION OF OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A MEMBER OF MANAGEMENT WILL REVIEW THE 990 AHEAD OF FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01200 SOUTH PINE ISLAND ROAD STE 300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PLANTATION
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IRS990/TotalCompGreaterThan150KInd0true
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0273232
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0204289
IRS990/TotalLiabilitiesGrp/BOYAmt0169430
IRS990/TotalLiabilitiesGrp/EOYAmt0204289
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0858500
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0795742
IRS990/TotalOtherCompensationAmt075384
IRS990/TotalProgramServiceExpensesAmt0177912
IRS990/TotalProgramServiceRevenueAmt0200845
IRS990/TotalRevenueGrp/ExclusionAmt08490
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0201984
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0210474
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01027930
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01000031
IRS990/TotReportableCompRltdOrgAmt0445620
IRS990/TravelGrp/ManagementAndGeneralAmt0468

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