CONCORD AREA TRUST FOR COMMUNITY HOUSING (EIN 020433505) - 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

1989

Legal Domicile

Principal Officer

THOMAS FURTADO

Phone

6032258835

Tax Period

2023-04-01 to 2024-03-31

CONCORD AREA TRUST FOR COMMUNITY HOUSING, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 12% surplus.

Mission

CATCH NEIGHBORHOOD HOUSING IS AN AWARD-WINNING, COMMUNITY-BASED, NON-PROFIT ORGANIZATION OFFERING A FULL SPECTRUM OF HOUSING AND EDUCATION SERVICES IN MERRIMACK COUNTY NEW HAMPSHIRE.

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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 $299,934

Program Service Revenue $1,157,861

Investment Income $77,057

Other Revenue $937

TOTAL REVENUE $1,535,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $490,325

Fundraising Expenses $146,579

Program Expenses $1,085,943

Other Expenses $853,666

TOTAL EXPENSES $1,343,991

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,535,789	$1,584,209	0.0%
Expenses	$1,343,991	$1,379,654	0.0%
Net Income	$191,798	$204,555	-0.1%

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

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

$408,245

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG CHAKMAKAS	SECRETARY	1.00	Director	$0	$0	$0
AKI MATHIEU	DIRECTOR	1.00	Director	$0	$0	$0
ORESTA MOSCA	TREASURER	1.00	Director	$0	$0	$0
MARY BETH WALZ	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY LESSARD	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY WADE	DIRECTOR	1.00	Director	$0	$0	$0
BETH SLEPIAN	DIRECTOR	1.00	Director	$0	$0	$0
SAFIYA WADE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS NADEAU	DIRECTOR	1.00	Director	$0	$0	$0
JEFF FEINGOLD	VICE CHAIR	2.00	Director	$0	$0	$0
TODD WATSON	DIRECTOR	1.00	Director	$0	$0	$0
JAMES GALLAGHER III	CHAIRMAN	1.00	Director	$0	$0	$0
JULIE PALMERI	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
CLEMENT KIGUGU	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS FURTADO	PRESIDENT AND CEO	40.00	Officer	$150,166	$28,012	$178,178
DALE HEON	CHIEF FINANCIAL OFFICER	40.00	Officer	$122,271	$10,941	$133,212
ALEXANDRIA PANAGIOTAKOS	CHIEF OPERATING OFFICER	40.00	Officer	$85,914	$10,941	$96,855

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
2025	No data	No data	No data	No data
2024	$1,535,789	$1,343,991	$11,812,405	$191,798
2023	$1,584,209	$1,379,654	$11,809,478	$204,555
2022	$2,831,775	$1,426,826	$11,839,618	$1,404,949
2021	$1,785,539	$1,527,837	$11,140,075	$257,702
2020	$1,399,362	$1,586,961	$10,767,558	$-187,599
2019	$1,509,250	$1,591,801	$10,697,634	$-82,551

CONCORD AREA TRUST FOR COMMUNITY HOUSING