CITIZENS FOR AFFORDABLE HOUSING IN NEWTON DEVELOPMENT ORGANIZATIONINC

EIN: 043223633 501(c)(3) Housing & Shelter

NEWTON, MA

Total Revenue
$805,036
Total Expenses
$1,608,708
Total Assets
$10,586,209
Net Assets
$-2,383,741
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MA
Principal Officer
MARCIA JOHNSTON
Phone
6179643527
Tax Period
2020-01-01 to 2020-12-31

CITIZENS FOR AFFORDABLE HOUSING IN NEWTON DEVELOPMENT ORGANIZATIONINC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $805K in total revenue in fiscal year 2020. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.6M exceeded revenue, resulting in a 100% operating deficit.

Mission

CITIZEN'S FOR AFFORDABLE HOUSING IN NEWTON DEVELOPMENT ORGANIZATION, INC. WAS ORGANIZAED WITH THE PURPOSE TO EXPAND THE SUPPLY OF DECENT AND AFFORDABLE HOUSING IN NEWTON, MASSACHUSETTS. THE PURPOSE IS ACCOMPLISHED BY PROMOTING THE DEVELOPMENT, CONSTRUCTION, AND CONVERSION OF PROPERTIES AND SERVING AS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $432,905
Program Service Revenue $354,100
Investment Income $106
Other Revenue $17,925
TOTAL REVENUE $805,036

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,458,792
Other Expenses $1,608,708
TOTAL EXPENSES $1,608,708

Year-over-Year Comparison

2020 2019 Change
Revenue $805,036 $684,920 +0.2%
Expenses $1,608,708 $967,284 +0.7%
Net Income $-803,672 $-282,364 +1.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN DAVIDOFF PRESIDENT 1.00
Officer Director
$0 $0 $0
DONALD KONDUB TREASURER (RESIGNED 12/31/20) 1.00
Officer Director
$0 $0 $0
BART LLOYD CLERK 1.00
Officer Director
$0 $0 $0
ANA VERA BONILLA DIRECTOR (RESIGNED 11/2020) 1.00
Director
$0 $0 $0
RICHARD HASSINGER ASSISTANT CLERK 1.00
Officer Director
$0 $0 $0
TAMMY MCKENNA DIRECTOR 1.00
Director
$0 $0 $0
JOSEPHINE MCNEIL DIRECTOR 1.00
Director
$0 $0 $0
MARCIA JOHNSTON DIRECTOR 1.00
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
2020 $805,036 $1,608,708 $10,586,209 $-803,672
2019 $684,920 $967,284 $12,485,269 $-282,364
2018 $765,122 $878,323 $10,473,166 $-113,201
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