MARK LANE HOUSING CORPORATION (EIN 061356231) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

ROBERT LOISEAU

Phone

2037549295

Tax Period

2024-07-01 to 2025-06-30

MARK LANE HOUSING CORPORATION, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $164K in total revenue in fiscal year 2024. The organization ran a surplus of $53K, a strong 32% operating margin.

Mission

PROVIDE HOUSING TO THE ST. VINCENT DEPAUL MISSION OF WATERBURY IN SUPPORT OF THEIR PROGRAM FOR RESIDENTS OF WATERBURY, CONNECTICUT, WHO HAVE A MENTAL ILLNESS

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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 $164,496

Investment Income $0

Other Revenue $0

TOTAL REVENUE $164,496

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,728

Other Expenses $111,353

TOTAL EXPENSES $111,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$164,496	$164,496	N/A
Expenses	$111,353	$105,342	+0.1%
Net Income	$53,143	$59,154	-0.1%

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

$199,013

Total Directors

$199,013

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWIN RODRIGUEZ	PRESIDENT	2.00	Officer Director	$0	$11,453	$102,796
ROBERT LOISEAU	TREASURER	2.00	Officer Director	$0	$1,504	$96,217
ATTY JAMES BRENNAN	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL HEALEY	DIRECTOR	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	$164,496	$111,353	$632,123	$53,143
2024	$164,496	$105,342	$607,870	$59,154
2023	$164,496	$115,535	$598,846	$48,961
2022	$164,496	$126,282	$549,495	$38,214
2021	$164,497	$148,946	$539,256	$15,551
2020	$164,589	$113,077	$496,005	$51,512
2019	$164,578	$139,892	$444,606	$24,686
2018	$164,576	$153,466	$420,303	$11,110

MARK LANE HOUSING CORPORATION