YALE STREET MUTUAL HOUSING INC

EIN: 061466506 501(c)(3)

TRUMBULL, CT

Total Revenue
$2
Total Expenses
$77
Total Assets
$667,512
Net Assets
$667,512
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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
1996
Legal Domicile
CT
Phone
2033596940
Tax Period
2019-01-01 to 2019-12-31

YALE STREET MUTUAL HOUSING INC, founded in 1996, is a micro nonprofit that reported $2 in total revenue in fiscal year 2019. Expenses of $77 exceeded revenue, resulting in a 3750% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE FAMILIES BY INVESTING IN A LIMITED PARTNERSHIP THAT OPERATES AFFORDABLE RESIDENTIAL HOUSING.

Program Service Accomplishments

Program 1
Expenses: $77

THE ORGANIZATION WAS CREATED TO BE THE GENERAL PARTNER IN A LIMITED UNITS IN BRIDGEPORT, CT UNDER INTERNAL REVENUE CODE SECTION 42. ALL THE PROJECT REVENUE IS REFLECTED ON THE LIMITED PARTNERSHIP'S...

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THE ORGANIZATION WAS CREATED TO BE THE GENERAL PARTNER IN A LIMITED UNITS IN BRIDGEPORT, CT UNDER INTERNAL REVENUE CODE SECTION 42. ALL THE PROJECT REVENUE IS REFLECTED ON THE LIMITED PARTNERSHIP'S BOOKS. THIS ENTITY ONLY REFLECTS THE GP'S SHARE OF THE NET LOSS. AT THE END OF THE COMPLIANCE PERIOD UNDER IRC SECTION 42, THE PROJECT OWNERSHIP WILL BE RE- STRUCTURED WITH THE DEVELOPER, THE LIMITED PARTNER AND THE GENERAL PARTNER. THE INTENT IS THAT THIS ENTITY WILL BE DISSOLVED AT THAT TIME.THE COMPLIANCE PERIOD ENDED IN 2014.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $2

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77
Other Expenses $77
TOTAL EXPENSES $77

Year-over-Year Comparison

2019 2018 Change
Revenue $2 $2 N/A
Expenses $77 $140 -0.5%
Net Income $-75 $-138 -0.5%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE DOBOS EXECUTIVE DIRECTOR 1.00
$0 $29,570 $184,649
JENNIFER CHADWICK President 1.00
Officer Director
$0 $0 $0
DEBORAH BRANCATO Director 1.00
Director
$0 $0 $0
NATHANIEL YORDON Treasurer 1.00
Officer Director
$0 $0 $0
STEPHANIE ROSS Secretary 1.00
Officer Director
$0 $0 $0
SYLVAN POMERANTZ Director 1.00
Director
$0 $0 $0
MILAGROSA SEGUINOT Director 1.00
Director
$0 $0 $0
ALICIA JOHNSON Director 1.00
Director
$0 $0 $0
THERESA KORIN Vice President 1.00
Director
$0 $0 $0
EURANIA ALICEA Director 1.00
Director
$0 $0 $0
MICHAEL WIEDERLIGHT Director 1.00
Officer Director
$0 $0 $0
TIMOTHY HODGES Director 1.00
Director
$0 $0 $0
VALERIE ROSENSON Director 1.00
Director
$0 $0 $0
CAMERON BUDAY Director 1.00
Director
$0 $0 $0
MORRIS MENDES 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
2019 $2 $77 $667,512 $-75
2018 $2 $140 $667,587 $-138
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