MUMFORD HOUSING CORPORATION % CHURCH COMMUNITY HOUSING CORP

EIN: 050396559 501(c)(3)

NEWPORT, RI

Total Revenue
N/A
Total Expenses
$217,063
Total Assets
$7,283
Net Assets
$-433,223
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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
1982
Legal Domicile
RI
Phone
4018465114
Tax Period
2024-01-01 to 2024-12-31

Mission

OWNERSHIP, REDEVELOPMENT AND SPONSORSHIP OF LOW INCOME HOUSING FOR THE ELDERLY AND LOW 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
Program Expenses $212,146
Other Expenses $217,063
TOTAL EXPENSES $217,063

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $217,063 $171,881 +0.3%
Net Income N/A $-171,881 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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN OSTIGUY Director 1.00
Director
$0 $0 $0
SUSAN BODINGTON Vice President 1.00
Officer Director
$0 $0 $0
ROBERT SABEL President 1.00
Officer Director
$0 $0 $0
MARJORIE JENSEN Treasurer 1.00
Officer Director
$0 $0 $0
ELIZABETH PHELPS Secretary 1.00
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
2024 No data $217,063 $7,283 No data
2023 No data $171,881 $12,200 No data
2022 $1,592 $90,078 $9,174 $-88,486
2021 $34,202 $986 $44,207 $33,216
2020 $6 $842 $10,991 $-836
2019 $11 $2,439,935 $11,827 $-2,439,924
2018 $113,629 $750 $2,451,751 $112,879
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