CENTRAL MASSACHUSETTS HOUSING ALLIANCE INC (EIN 042791448) - 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

1994

Legal Domicile

Principal Officer

LEAH BRADLEY

Phone

5087525519

Tax Period

2023-07-01 to 2024-06-30

CENTRAL MASSACHUSETTS HOUSING ALLIANCE INC, founded in 1994, is a mid-sized nonprofit that reported $33.6M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $32.6M left a modest 3% surplus.

Mission

TO LEAD A COLLABORATIVE RESPONSE TO HOMELESSNESS THAT FOSTERS LONG-TERM HOUSING STABILITY.

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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 $33,584,876

Program Service Revenue $26,787

Investment Income $28,308

Other Revenue $0

TOTAL REVENUE $33,639,971

Expense Breakdown

Grants Paid $17,587,805

Salaries & Benefits $7,805,231

Fundraising Expenses $61,900

Program Expenses $31,249,442

Other Expenses $7,208,035

TOTAL EXPENSES $32,601,071

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,639,971	$24,190,226	+0.4%
Expenses	$32,601,071	$23,016,986	+0.4%
Net Income	$1,038,900	$1,173,240	-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

198

Volunteers

180

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

$185,575

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM BITAR	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATTHEW PALMGREN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT MCLAREN	TREASURER	1.00	Officer Director	$0	$0	$0
SHARON KREFETZ	SECRETARY	1.00	Officer Director	$0	$0	$0
RON HAYES	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HAFFTY	DIRECTOR	1.00	Director	$0	$0	$0
DOREEN SAMUELS	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA LONGVALL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN C KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
WINIFRED OCTAVE	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN KEOHANE	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
JULIE KOSHGARIAN	DIRECTOR	0.00	Director	$0	$0	$0
LEAH BRADLEY	EXECUTIVE DIRECTOR	1.00	Officer	$168,700	$16,875	$185,575

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	$33,639,971	$32,601,071	$9,689,610	$1,038,900
2023	$24,190,226	$23,016,986	$7,219,550	$1,173,240
2022	$29,447,381	$29,192,938	$4,123,695	$254,443
2021	$21,612,482	$21,162,320	$6,603,285	$450,162
2020	$15,481,374	$15,450,754	$2,681,539	$30,620
2019	$14,979,438	$14,984,052	$2,186,003	$-4,614
2018	$15,284,887	$15,273,730	$2,169,027	$11,157

CENTRAL MASSACHUSETTS HOUSING ALLIANCE INC