MHA MERTON HOUSE LLC (EIN 010864466) - 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

2006

Legal Domicile

Phone

2033596940

Tax Period

2024-01-01 to 2024-12-31

MHA MERTON HOUSE LLC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $472K in total revenue in fiscal year 2024. Expenses of $920K exceeded revenue, resulting in a 95% operating deficit.

Mission

A WHOLLY-OWNED SUBSIDIARY OF MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CONNECTICUT, INC., WHICH WAS CREATED TO DEVELOP AND THEN OPERATE A RESIDENTIAL HOUSING PROJECT COMPLEX OF 22 UNITS IN BRIDGEPORT, CT. THE DEVELOPMENT PROVIDES HOUSING FOR LOW INCOME FAMILIES AND WOMEN COMING OUT OF FOSTER CARE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $375,074

Program Service Revenue $68,194

Investment Income $28,306

Other Revenue $0

TOTAL REVENUE $471,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $895,980

Other Expenses $920,339

TOTAL EXPENSES $920,339

Year-over-Year Comparison

	2024	2023	Change
Revenue	$471,574	$468,475	+0.0%
Expenses	$920,339	$938,941	0.0%
Net Income	$-448,765	$-470,466	0.0%

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

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
JENNIFER CHADWICK	President	2.00	Officer Director	$0	$0	$0
ALAN FERNANDES	Director	2.00	Director	$0	$0	$0
NICHOLOS LOCOCO	Treasurer	2.00	Officer Director	$0	$0	$0
NATALIE CASTRO	Director	2.00	Officer Director	$0	$0	$0
CRYSTAL ENGRAM	Director	2.00	Director	$0	$0	$0
KEVIN PALUMBERI	Director	2.00	Director	$0	$0	$0
ALICIA JOHNSON	Director	2.00	Director	$0	$0	$0
THERESA KORIN	Vice President	2.00	Officer Director	$0	$0	$0
EURANIA ALICEA	Director	2.00	Director	$0	$0	$0
ERIKA ALEXANDER	Director	2.00	Director	$0	$0	$0
MARK SCHNEIDER	Director	2.00	Director	$0	$0	$0
VALERIE ROSENSON	Secretary	2.00	Director	$0	$0	$0
CAMERON BUDAY	Director	2.00	Director	$0	$0	$0
CAROLYN SHARD	Director	2.00	Director	$0	$0	$0
RENEE DOBOS	EXECUTIVE DIRECTOR	1.00		$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	$471,574	$920,339	$4,184,162	$-448,765
2023	$468,475	$938,941	$4,383,861	$-470,466
2022	$436,970	$861,185	$4,612,919	$-424,215
2021	$513,706	$937,397	$4,808,365	$-423,691
2020	$418,920	$848,332	$5,033,711	$-429,412
2019	$412,165	$847,361	$5,288,654	$-435,196
2018	$420,258	$854,789	$5,504,109	$-434,531

MHA MERTON HOUSE LLC