MATTAWAMKEAG HOUSING CORPORATION (EIN 010353284) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

RUSSELL STANLEY

Phone

2079902099

Tax Period

2023-01-01 to 2023-12-31

MATTAWAMKEAG HOUSING CORPORATION, founded in 1980, is a small nonprofit that reported $196K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO OPERATE A LOW INCOME HOUSING COMPLEX PROVIDING DECENT, SAFE, AND SANITARY HOUSING TO QUALIFIED ELDERLY RESIDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $196,156

Investment Income $50

Other Revenue $0

TOTAL REVENUE $196,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,408

Other Expenses $206,009

TOTAL EXPENSES $206,009

Year-over-Year Comparison

	2023	2022	Change
Revenue	$196,206	$174,828	+0.1%
Expenses	$206,009	$192,736	+0.1%
Net Income	$-9,803	$-17,908	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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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
DAVID CUST	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JON PELKEY	DIRECTOR	1.00	Director	$0	$0	$0
KIM PELKEY	SECRETARY	1.00	Officer Director	$0	$0	$0
ANGELA STANLEY	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL STANLEY	PRESIDENT	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	$196,206	$206,009	$507,577	$-9,803
2022	$174,828	$192,736	$521,106	$-17,908
2021	$171,156	$185,533	$527,877	$-14,377
2020	$160,715	$184,988	$545,656	$-24,273
2019	$168,892	$176,584	$568,183	$-7,692
2018	$164,131	$180,941	$569,985	$-16,810

MATTAWAMKEAG HOUSING CORPORATION