HOUSING PARTNERS FOR POSITIVE LIVING INC

EIN: 050496832 501(c)(3) Housing & Shelter

WOONSOCKET, RI

Total Revenue
$212,123
Total Expenses
$166,822
Total Assets
$528,704
Net Assets
$495,462
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
RI
Principal Officer
BENEDICT F LESSING JR
Phone
4012357000
Tax Period
2024-07-01 to 2025-06-30

HOUSING PARTNERS FOR POSITIVE LIVING INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $212K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 21% operating margin.

Mission

HOUSING FOR LOW INCOME DISABLED PERSONS UNDER THE SECTION 811 OF THE NATIONAL HOUSING ACT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $211,160
Investment Income $80
Other Revenue $883
TOTAL REVENUE $212,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $166,822
Other Expenses $166,822
TOTAL EXPENSES $166,822

Year-over-Year Comparison

2024 2023 Change
Revenue $212,123 $165,593 +0.3%
Expenses $166,822 $176,137 -0.1%
Net Income $45,301 $-10,544 -5.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
7
Employees
N/A
Volunteers
7

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENEDICT F LESSING JR President 1.00
Officer Director
$0 $0 $0
MARIANNE GRONDALSKI Secretary 1.00
Officer Director
$0 $0 $0
PAUL M DUMOUCHEL Chairman 1.00
Officer Director
$0 $0 $0
JOSEPH GARLICK JR Secretary 1.00
Director
$0 $0 $0
DEBRA A HAWES Treasurer 1.00
Director
$0 $0 $0
STEPHEN KEARNS Treasurer 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
2025 $212,123 $166,822 $528,704 $45,301
2024 $165,593 $176,137 $479,207 $-10,544
2023 $160,065 $173,312 $485,925 $-13,247
2022 $167,805 $202,074 $551,706 $-34,269
2021 $166,381 $172,717 $549,643 $-6,336
2020 $167,570 $146,621 $538,794 $20,949
2019 $140,566 $161,076 $530,639 $-20,510
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOUSING PARTNERS FOR POSITIVE LIVING INC with other nonprofits in Rhode Island and across the country.