Providence, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Alternative Living Concepts Inc dba Human Services Realty, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $978K in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $267K, a strong 27% operating margin.
ALC is organized for charitable purposes of ownership, management, leasing, and maintenance of office and residential facilities (which include housing for persons and families of low income) and equipment. (See Schedule O)
To provide low-income housing facilities and access to support services to people with disabilities, primarily relating to behavioral health issues. In Pawtucket, Rhode Island, ALC has 10 units...
To provide low-income housing facilities and access to support services to people with disabilities, primarily relating to behavioral health issues. In Pawtucket, Rhode Island, ALC has 10 units located at 351 Benefit Street, 10 units located at 353 Benefit Street, and 5 units located at 724-728 Beverage Hill Avenue, as well as 6 units located at 156 Obed Avenue in North Providence, Rhode Island. The combined occupancy rate was 86% for these units during the period covered in this return. The aggregate waiting list for these units consisted of 27 individuals as of September 30, 2024. (Continued on Schedule O).
To lease space for community support programs. ALC has such locations at 200 Central Street in Central Falls, Rhode Island, and 1443 Hartford Avenue in Johnston, Rhode Island.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $977,598 | $554,988 | +0.8% |
| Expenses | $710,968 | $700,546 | +0.0% |
| Net Income | $266,630 | $-145,558 | -2.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John Fernandez | Director | 0.10 |
Director
|
$0 | $307,376 | $2,456,122 |
| Peter K Markell | EVP & CFO | 0.25 |
Officer
|
$0 | $18,928 | $1,212,570 |
| Paul J Adler | Secretary | 0.25 |
Officer
Director
|
$0 | $151,085 | $1,077,941 |
| Eva Greenwood | Treasurer | 0.25 |
Officer
Director
|
$0 | $87,891 | $737,076 |
| Nicholas P Dominick | President | 0.25 |
Officer
Director
|
$0 | $99,888 | $623,122 |
| Scott DiChristofero | CFO-10/23 | 1.00 |
Officer
|
$0 | $33,388 | $355,042 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $977,598 | $710,968 | $1,223,431 | $266,630 |
| 2023 | $554,988 | $700,546 | $1,376,237 | $-145,558 |
| 2022 | $669,185 | $795,732 | $1,483,819 | $-126,547 |
| 2021 | $523,048 | $628,801 | $1,536,971 | $-105,753 |
| 2020 | $475,273 | $647,280 | $1,481,783 | $-172,007 |
| 2019 | $440,546 | $616,967 | $1,574,543 | $-176,421 |
| 2018 | $401,138 | $589,424 | $1,561,910 | $-188,286 |
Compare Alternative Living Concepts Inc dba Human Services Realty with other nonprofits in Rhode Island and across the country.