SOUTH SUBURBAN AFFORDABLE HOUSING INC

EIN: 043580476 501(c)(3) Housing & Shelter

SOUTH WEYMOUTH, MA

Total Revenue
N/A
Total Expenses
$1,500
Total Assets
$157,866
Net Assets
$157,866
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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
MA
Principal Officer
DONALD SHEEHAN
Phone
6176990435
Tax Period
2024-01-01 to 2024-12-31

Mission

TO FOSTER, MANAGE, DEVELOP, BUILD, FINANCE, LEASE, SELL, BUY AND RENOVATE HOUSING IN THE TOWN OF WEYMOUTH FOR HOUSEHOLDS EARNING BELOW 80% OF MEDIAN INCOME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,500
TOTAL EXPENSES $1,500

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $1,500 $5,335 -0.7%
Net Income N/A $-5,335 N/A
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
2
Independent Members
2
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH DIFAZIO DIRECTOR 1.00
Director
$0 $0 $0
KEVIN REILLY DIRECTOR 1.00
Director
$0 $0 $0
JAMES CUNNINGHAM SECRETARY 1.00
Officer
$0 $0 $0
BRIAN KAIN PRESIDENT 1.00
Officer
$0 $0 $0
DONALD SHEEHAN TREASURER 1.00
Officer
$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 No data $1,500 $157,866 No data
2023 No data $5,335 $159,366 No data
2022 $49 $1,535 $164,701 $-1,486
2021 $5,738 $1,535 $166,187 $4,203
2020 No data $1,452 $161,984 No data
2019 $10,870 $1,254 $318,619 $9,616
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