KENNEDY INSTITUTE HOUSING CORPORAT… - Form 990 Financial Data

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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

JAMES J MALLOY

Phone

2022812700

Tax Period

2024-07-01 to 2025-06-30

KENNEDY INSTITUTE HOUSING CORPORATION II, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $165K in total revenue in fiscal year 2024. Expenses of $215K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

Program Service Accomplishments

Program 1

Expenses: $167,929 Revenue: $52,261

KENNEDY INSTITUTE HOUSING CORPORATION II WAS ORGANIZED ON JULY 19, 2001 UNDER THE PROVISIONS OF THE DISTRICT OF COLUMBIA FOR THE PURPOSE OF CONSTRUCTING AND OPERATING HOUSING AND RELATED FACILITIES FOR PERSONS WITH DISABILITIES. THE ENTITY WAS FINANCED THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT AND CONSISTS OF 12 UNITS. SUCH ENTITIES ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.

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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 $112,990

Program Service Revenue $52,261

Investment Income $58

Other Revenue $0

TOTAL REVENUE $165,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,929

Other Expenses $214,966

TOTAL EXPENSES $214,966

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,309	$158,663	+0.0%
Expenses	$214,966	$212,691	+0.0%
Net Income	$-49,657	$-54,028	-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

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

$1,421,696

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE DILUIGI	CHAIRMAN	0.20	Director	$0	$0	$0
CAITLIN CHALKE	VICE CHAIRMAN	0.20	Director	$0	$0	$0
GEOFF GONELLA	DIRECTOR	0.10	Director	$0	$0	$0
ELIZABETH HEWLETT	DIRECTOR	0.10	Director	$0	$0	$0
KRISTEN HOHMAN	DIRECTOR	0.10	Director	$0	$0	$0
MARK LEE	DIRECTOR	0.10	Director	$0	$0	$0
ELIZABETH MEERS	DIRECTOR	0.10	Director	$0	$0	$0
BISHOP EVELIO MENJIVAR-AYALA	DIRECTOR	0.10	Director	$0	$0	$0
STEFANIE MORGAN-DAVIS	DIRECTOR	0.10	Director	$0	$0	$0
CLARK PASTRICK	DIRECTOR	0.10	Director	$0	$0	$0
GREGORY PROCTOR	DIRECTOR	0.10	Director	$0	$0	$0
EDDIE QUINN	DIRECTOR	0.10	Director	$0	$0	$0
JOHN SHOOSHAN	DIRECTOR	0.10	Director	$0	$0	$0
MICHAEL WILLIAMS	DIRECTOR	0.10	Director	$0	$0	$0
JAMES J MALLOY	PRESIDENT & CEO	1.00	Officer	$0	$32,515	$438,053
PATRICK DUNNE	CHIEF OPERATING OFFICER	1.00	Officer	$0	$30,624	$361,142
MARY JANE MORROW	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$26,463	$235,013
JOAN FOWLER BROWN	CHIEF OF STAFF	1.00	Officer	$0	$47,703	$181,953
ELIZABETH R GORMAN	CHIEF DEVELOPMENT OFFICER	1.00	Officer	$0	$15,725	$205,535

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	$165,309	$214,966	$889,491	$-49,657
2024	$158,663	$212,691	$917,689	$-54,028
2023	$169,009	$189,113	$973,370	$-20,104
2022	$174,818	$201,723	$990,311	$-26,905
2021	$175,813	$192,566	$1,029,302	$-16,753
2020	$152,454	$163,054	$1,047,094	$-10,600
2019	$204,549	$197,208	$1,052,591	$7,341
2018	$163,209	$176,516	$1,040,665	$-13,307

KENNEDY INSTITUTE HOUSING CORPORATION II