Hartford, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Southside Institutions Neighborhood Alliance Inc, founded in 1978, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $1.3M left a modest 8% surplus.
SINA is a partnership between Connecticut Children's Medical Center, Hartford Hospital and Trinity College that works cooperatively with community stakeholders to restore economic vitality and improve the quality of life for the benefit of people who live, work, visit, study and play in the neighborhoods of South Central Hartford.
Development programs housing, real estate economic development including operating 42 Vernon St. Cityscape Apts providing 83 units of low income rental housing, maintenance and carrying cost for...
Development programs housing, real estate economic development including operating 42 Vernon St. Cityscape Apts providing 83 units of low income rental housing, maintenance and carrying cost for other properties held for development, providing funding to subsidiaries developing either low income rental housing or constructing homes for sale to low to moderate income buyers all housing efforts are within the SINA neighborhood, 83 units of low income rentals were rehabilitated to date and 69 houses were developed and sold in the homeownership program, sold undeveloped land to other low income housing developers at discounted costs for their projects, economic development efforts such as cooperative efforts with local businesses to provide holiday lighting, pursue funding for projects, funding safety traffic studies, and involvement in Streetscape improvement projects. Performing follow up activities from our study for increasing economic development in our neighborhood including Anchor Institution concepts practices from around the country with nationally known consultants.
Educational and other programs directed toward neighborhood residents including the SINA/Ivan Backer Scholarships and other scholarships awarded to local students attending college, the R.E.A.C.H...
Educational and other programs directed toward neighborhood residents including the SINA/Ivan Backer Scholarships and other scholarships awarded to local students attending college, the R.E.A.C.H. Recognition, Education, Achievement and Community Health committee annual banquet at which the Neighborhood Service Awards are presented honoring individuals for their efforts in the improvement of the SINA neighborhood, neighborhood safety programs including facilitating the integration of efforts by the security teams at our member institutions and the Hartford Police and neighborhood cleanup events, provide support for school programs such as the Maria C. Sanchez Familty Fun Night and reading programs, employment programs designed to facilitate employment of neighborhood residents at the SINA institutions providing walk to work employment, managed production of murals celebrating Neighborhood Heroes, operated the Broad Street Art Garden providing opportunity for residents to grow their own food and provide attractive space, administered grants to local organizations for contributors
Community public relations programs including organizing and funding meetings, attendance at and sponsorship of events held by other local nonprofits, as well as occasional financial assistance for...
Community public relations programs including organizing and funding meetings, attendance at and sponsorship of events held by other local nonprofits, as well as occasional financial assistance for their programs, public relations consultants fees, strategic planning and various other items such as holiday cards, advertising etc. These programs all relate to building relationships, contacts and working with organizations and individuals for the betterment of the SINA neighborhood. SINA also publishes a newsletter maintains a web site to further advise about the services we provide and the results of our efforts. SINA sometimes provides services, such as accounting or fiduciary assistance to other organizations and our employees and board members or staff often serve as members for other organizations such as
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 | $1,407,400 | $1,713,005 | -0.2% |
| Expenses | $1,291,355 | $1,743,669 | -0.3% |
| Net Income | $116,045 | $-30,664 | -4.8% |
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 |
|---|---|---|---|---|---|---|
| Jane Baird | Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Dan Hitchell | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Greg Jones | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Cunegando Vergara | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| David Fichandler | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Lawrence Milan | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Ryan Calhoun | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Carlos Espinosa | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Abigail Fisher Williamson | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Melvyn Colon | Executive Director | 40.00 |
Officer
|
$145,656 | $21,616 | $167,272 |
| Keith Hedman | Chief Financial Officer | 40.00 |
Officer
|
$109,889 | $17,833 | $127,722 |
| Dean Iaiennaro | Director, Real Estate Development | 40.00 |
Highest
|
$131,622 | $30,671 | $162,293 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,407,400 | $1,291,355 | $6,288,640 | $116,045 |
| 2022 | $1,713,005 | $1,743,669 | $5,391,812 | $-30,664 |
| 2021 | $1,765,981 | $2,167,636 | $5,370,562 | $-401,655 |
| 2020 | $3,587,091 | $3,970,590 | $5,554,434 | $-383,499 |
Compare Southside Institutions Neighborhood Alliance Inc with other nonprofits in Connecticut and across the country.