CONCORD HOUSING DEVELOPMENT CORP (EIN 020502885) - 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

2001

Legal Domicile

Principal Officer

JACKIE WHATMOUGH

Phone

6032244059

Tax Period

2024-10-01 to 2025-09-30

CONCORD HOUSING DEVELOPMENT CORP, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $755K in total revenue in fiscal year 2024. Revenue surged 397% from the prior year, signaling strong growth momentum. The organization ran a surplus of $675K, a strong 89% operating margin.

Mission

TO PROVIDE FUNDRAISING, COMMUNITY OUTREACH, EDUCATION AND POLICY INITIATIVES TO SUPPORT AFFORDABLE HOUSING OPPORTUNITIES IN CONCORD, NH.

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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 $0

Program Service Revenue $77,657

Investment Income $618,987

Other Revenue $58,304

TOTAL REVENUE $754,948

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,652

Other Expenses $80,408

TOTAL EXPENSES $80,408

Year-over-Year Comparison

	2024	2023	Change
Revenue	$754,948	$151,789	+4.0%
Expenses	$80,408	$68,746	+0.2%
Net Income	$674,540	$83,043	+7.1%

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

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

$163,910

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER F BURGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JERRY MADDEN	DIRECTOR	1.00	Director	$0	$0	$0
JIM FOWLER	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE WHATMOUGH	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DANA ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
JULIE PALMERI	SECRETARY/TREASURER	1.00	Officer	$0	$0	$163,910

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	$754,948	$80,408	$3,393,538	$674,540
2024	$151,789	$68,746	$2,577,283	$83,043
2023	$162,764	$52,373	$3,124,018	$110,391
2022	$113,766	$50,141	$2,997,672	$63,625
2021	$309,919	$219,363	$2,920,326	$90,556
2020	$379,035	$315,767	$2,775,629	$63,268
2019	$390,413	$289,821	$2,136,547	$100,592
2018	$320,753	$306,228	$2,530,139	$14,525

CONCORD HOUSING DEVELOPMENT CORP