MADISON INTERFAITH RESIDENTIAL COMMUNITY INC

EIN: 060923438 501(c)(3) Food, Agriculture & Nutrition

TOLLAND, CT

Total Revenue
$960,373
Total Expenses
$1,020,050
Total Assets
$2,925,585
Net Assets
$1,364,363
🔒

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
1975
Legal Domicile
CT
Principal Officer
JOHN BRADY
Phone
8603985425
Tax Period
2024-07-01 to 2025-06-30

MADISON INTERFAITH RESIDENTIAL COMMUNITY INC, founded in 1975, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $960K in total revenue in fiscal year 2024.

Mission

THE CORPORATION OWNS AND OPERATES 90 UNITS OF LOW-INCOME ELDERLY HOUSING, WHICH IS SUBSIDIZED BY THE U.S. DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT.

🔒

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 $183,039
Program Service Revenue $777,227
Investment Income $107
Other Revenue $0
TOTAL REVENUE $960,373

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $856,860
Other Expenses $1,020,050
TOTAL EXPENSES $1,020,050

Year-over-Year Comparison

2024 2023 Change
Revenue $960,373 $900,019 +0.1%
Expenses $1,020,050 $941,766 +0.1%
Net Income $-59,677 $-41,747 +0.4%
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
12
Independent Members
12
Employees
N/A
Volunteers
12

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BRADY PRESIDENT 2.00
Officer Director
$0 $0 $0
SUSAN GROLL VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CHARLES REESE SECRETARY 2.00
Officer Director
$0 $0 $0
SIMON GHARIBIAN TREASURER 2.00
Officer Director
$0 $0 $0
SUE CASCIO DIRECTOR 2.00
Director
$0 $0 $0
MARTIN GERST DIRECTOR 2.00
Director
$0 $0 $0
DAVE KEISER DIRECTOR 2.00
Director
$0 $0 $0
DEBORAH MCDONALD DIRECTOR 2.00
Director
$0 $0 $0
SARAH MERVINE DIRECTOR 2.00
Director
$0 $0 $0
ELAINE REITMAN DIRECTOR 2.00
Director
$0 $0 $0
DIANE RYAN DIRECTOR 2.00
Director
$0 $0 $0
TODD VETTER DIRECTOR 2.00
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 $960,373 $1,020,050 $2,925,585 $-59,677
2024 $900,019 $941,766 $3,074,198 $-41,747
2023 $840,688 $974,671 $3,221,779 $-133,983
2022 $2,322,788 $831,268 $3,478,081 $1,491,520
2021 $1,049,743 $801,956 $2,033,484 $247,787
2020 $1,499,259 $842,039 $1,875,398 $657,220
2019 $832,109 $790,295 $1,291,906 $41,814
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MADISON INTERFAITH RESIDENTIAL COMMUNITY INC with other nonprofits in Connecticut and across the country.