SHAWME HEIGHTS INC (EIN 042707592) - 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

JOE GIAMPIERTRO

Phone

5088887848

Tax Period

2024-01-01 to 2024-12-31

SHAWME HEIGHTS INC, founded in 1980, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024.

Mission

TO PROVIDE MIDDLE-INCOME HOUSING FOR THE ELDERLY.

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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 $789,870

Program Service Revenue $217,374

Investment Income $47,929

Other Revenue $0

TOTAL REVENUE $1,055,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,641

Fundraising Expenses $0

Program Expenses $794,667

Other Expenses $991,892

TOTAL EXPENSES $1,142,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,055,173	$1,022,009	+0.0%
Expenses	$1,142,533	$760,245	+0.5%
Net Income	$-87,360	$261,764	-1.3%

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
JOE GIAMPIERTRO	PRESIDENT	5.00	Officer Director	$0	$0	$0
BETSEY POTTEY	TREASURER	5.00	Officer Director	$0	$0	$0
REV TINA WALKER-MORIN	VICE PRESIDE	5.00	Director	$0	$0	$0
PAULA MCQUAID	CLERK	5.00	Officer Director	$0	$0	$0
SUSAN CHAPMAN	DIRECTOR	2.00	Officer Director	$0	$0	$0
CAROL ABRAMCZYK	DIRECTOR	2.00	Officer Director	$0	$0	$0
HENRY CARLSON	DIRECTOR	2.00	Director	$0	$0	$0
MARSHA KIRRANE	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$1,055,173	$1,142,533	$4,358,485	$-87,360
2023	$1,022,009	$760,245	$6,392,374	$261,764
2022	$868,320	$825,493	$2,586,454	$42,827
2021	$627,126	$602,834	$2,471,365	$24,292
2020	$603,312	$569,303	$2,445,096	$34,009
2019	$602,846	$578,330	$2,416,360	$24,516
2018	$596,958	$561,252	$2,427,138	$35,706

SHAWME HEIGHTS INC