MAPLEWOOD COURT MUTUAL HOUSING ASSOCIATION INC

EIN: 061483608 501(c)(3)

BRIDGEPORT, CT

Total Revenue
$8
Total Expenses
$88,280
Total Assets
$-283,828
Net Assets
$-283,828
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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
1997
Legal Domicile
CT
Principal Officer
RENEE DOBOS
Phone
2033596940
Tax Period
2018-01-01 to 2018-12-31

MAPLEWOOD COURT MUTUAL HOUSING ASSOCIATION INC, founded in 1997, is a micro nonprofit that reported $8 in total revenue in fiscal year 2018. Revenue surged 167% from the prior year, signaling strong growth momentum. Expenses of $88K exceeded revenue, resulting in a 1103400% operating deficit.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $88,280

THE ORGANIZATION WAS CREATED TO BE THE GENERAL PARTNER IN A LIMITED PARTNERSHIP THAT OWNS AND OPERATES AN AFFORDABLE HOUSING PROJECT OF 32 UNITS IN BRIDGEPORT, CT UNDER INTERNAL REVENUE CODE SECTION...

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THE ORGANIZATION WAS CREATED TO BE THE GENERAL PARTNER IN A LIMITED PARTNERSHIP THAT OWNS AND OPERATES AN AFFORDABLE HOUSING PROJECT OF 32 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 GAIN OR LOSS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $8
Other Revenue $0
TOTAL REVENUE $8

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $88,280
Other Expenses $88,280
TOTAL EXPENSES $88,280

Year-over-Year Comparison

2018 2017 Change
Revenue $8 $3 +1.7%
Expenses $88,280 $138,055 -0.4%
Net Income $-88,272 $-138,052 -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

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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
1
$186,703
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EURANIA ALICEA DIRECTOR 0.00
Director
$0 $0 $0
CAMERON BUDAY DIRECTOR 0.00
Director
$0 $0 $0
JENNIFER CHADWICK PRESIDENT & DIRECTOR 0.00
Officer Director
$0 $0 $0
TIMOTHY HODGES DIRECTOR 0.00
Director
$0 $0 $0
ALICIA JOHNSON DIRECTOR 0.00
Director
$0 $0 $0
THERESA KORIN VICE PRESIDENT & DIRECTOR 0.00
Officer Director
$0 $0 $0
MORRIS MENDES DIRECTOR 0.00
Director
$0 $0 $0
SYLVAN POMERANTZ DIRECTOR 0.00
Director
$0 $0 $0
VALERIE ROSENSON DIRECTOR 0.00
Director
$0 $0 $0
STEPHANIE ROSS SECRETARY & DIRECTOR 0.00
Officer Director
$0 $0 $0
NATHANIEL YORDON TREASURER & DIRECTOR 0.00
Officer Director
$0 $0 $0
ERIKA ALEXANDER DIRECTOR 0.00
Director
$0 $0 $0
RACHAEL CAIN DIRECTOR 0.00
Director
$0 $0 $0
KEVIN PALUMBERI DIRECTOR 0.00
Director
$0 $0 $0
RENEE DOBOS EXECUTIVE DIRECTOR 1.00
Key Emp
$0 $36,600 $186,703
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
2018 $8 $88,280 $-283,828 $-88,272
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