ST ALBANS HOUSING CORPORATION (EIN 010345239) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

HARRY BRIDGE

Tax Period

2023-01-01 to 2023-12-31

ST ALBANS HOUSING CORPORATION is a tax-exempt nonprofit with EIN 010345239, based in BANGOR, ME. The organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $149,563 in total revenue and $171,460 in total expenses, with net assets of $-206,559.

Mission

TO PROVIDE SAFE, CLEAN AND DECENT HOUSING TO LOW INCOME ELDERLY PERSONS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $148,743

Investment Income $178

Other Revenue $642

TOTAL REVENUE $149,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $158,593

Other Expenses $171,460

TOTAL EXPENSES $171,460

Year-over-Year Comparison

	2023	2022	Change
Revenue	$149,563	$141,080	+0.1%
Expenses	$171,460	$162,546	+0.1%
Net Income	$-21,897	$-21,466	+0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN BOWMAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
HARRY BRIDGE	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIFFANY DODGE	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM MCPECK	DIRECTOR	1.00	Director	$0	$0	$0
MARLAND SOUCY	DIRECTOR	1.00	Director	$0	$0	$0
JIM THORNE	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL WIERS	SECRETARY	1.00	Officer Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$149,563	$171,460	$903,400	$-21,897
2022	$141,080	$162,546	$913,038	$-21,466
2021	$127,033	$145,830	$923,977	$-18,797
2020	$135,183	$131,297	$943,740	$3,886

ST ALBANS HOUSING CORPORATION