CITYWIDE SUPPORTIVE HOUSING DEVELO… - Form 990 Financial Data

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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

2002

Legal Domicile

Principal Officer

NICOLE BRANCA

Phone

6464720262

Tax Period

2024-07-01 to 2025-06-30

CITYWIDE SUPPORTIVE HOUSING DEVELOPMENT FUND CORPORATION, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $105K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $202K exceeded revenue, resulting in a 93% operating deficit.

Mission

TO DEVELOP AND OPERATE HOUSING PROJECTS FOR LOW INCOME PERSONS AND TO PROVIDE AFFORDABLE AND CLEAN HOUSING FACILITIES.

Program Service Accomplishments

Program 1

Expenses: $193,475 Revenue: $102,660

THE CORPORATION OWNS AND MANAGES SUPPORTIVE AND AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS. DURING FISCAL YEAR 2025, THE CORPORATION OPERATED ONE 8-UNIT AFFORDABLE RENTAL PROPERTY...

THE CORPORATION OWNS AND MANAGES SUPPORTIVE AND AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS. DURING FISCAL YEAR 2025, THE CORPORATION OPERATED ONE 8-UNIT AFFORDABLE RENTAL PROPERTY WITH HALF OF ITS UNITS SET ASIDE FOR HOUSEHOLDS HEADED BY DOMESTIC VIOLENCE SURVIVORS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $102,660

Investment Income $2,197

Other Revenue $0

TOTAL REVENUE $104,857

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,475

Other Expenses $202,396

TOTAL EXPENSES $202,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$104,857	$116,100	-0.1%
Expenses	$202,396	$286,968	-0.3%
Net Income	$-97,539	$-170,868	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$343,579

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAULA SARRO	CHAIRPERSON	0.25	Officer Director	$0	$0	$0
JESSIE GABRIEL	SECRETARY	0.25	Officer Director	$0	$0	$0
ELAINE CALOS	SECRETARY	0.25	Officer Director	$0	$0	$0
NICOLE FIRMENT	ASSISTANT SECRETARY	0.25	Officer Director	$0	$0	$0
HADRIAN TUCKER	TREASURER THRU DEC 2024	0.25	Officer Director	$0	$0	$0
NICOLE BRANCA	CHIEF EXECUTIVE OFFICER	0.25	Officer	$0	$24,906	$202,757
JOSEPH KAZINDUKA	CFO THRU MAY 2025	0.25	Officer	$0	$7,347	$140,822
NANDA WIN	CFO/VP OF ADMIN AS OF MAY 2025	0.25	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	$104,857	$202,396	$1,623,128	$-97,539
2024	$116,100	$286,968	$1,679,975	$-170,868
2023	$111,501	$182,149	$3,182,618	$-70,648
2022	$109,801	$223,004	$3,774,717	$-113,203
2021	$108,497	$228,464	$3,853,086	$-119,967
2020	$105,814	$156,919	$3,966,935	$-51,105
2019	$105,370	$165,358	$3,987,150	$-59,988
2018	$134,501	$168,383	$5,372,346	$-33,882

CITYWIDE SUPPORTIVE HOUSING DEVELOPMENT FUND CORPORATION