HALL COMMONS INC

EIN: 061618093 501(c)(3) Housing & Shelter

BRIDGEPORT, CT

Total Revenue
$603,016
Total Expenses
$734,986
Total Assets
$4,113,875
Net Assets
$-634,532
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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
2001
Legal Domicile
CT
Principal Officer
DONALD GOODSON
Phone
2033380615
Tax Period
2025-01-01 to 2025-12-31

HALL COMMONS INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $603K in total revenue in fiscal year 2025. Expenses of $735K exceeded revenue, resulting in a 22% operating deficit.

Mission

HALL COMMONS, INC.'S PURPOSE IS TO PROVIDE HOUSING TO LOW-INCOME, ELIGIBLE SENIOR CITIZENS. CONSTRUCTION OF THE FACILITY WAS FUNDED BY A HUD CAPITAL ADVANCE AND A GRANT FROM THE STATE OF CONNECTICUT DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $602,897
Investment Income $119
Other Revenue $0
TOTAL REVENUE $603,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $734,986
Other Expenses $734,986
TOTAL EXPENSES $734,986

Year-over-Year Comparison

2025 2024 Change
Revenue $603,016 $607,196 0.0%
Expenses $734,986 $683,880 +0.1%
Net Income $-131,970 $-76,684 +0.7%
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
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY ELLEN TATTEN Director 1.00
Director
$0 $0 $0
SHAWN BYRD Director 1.00
Director
$0 $0 $0
KIM FORD Director 1.00
Director
$0 $0 $0
EDWARD BURNS Director 1.00
Director
$0 $0 $0
JAMES NICHOLAS VICE CHAIR 1.00
Officer Director
$0 $0 $0
DONALD GOODSON Chairman 1.00
Officer 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 $603,016 $734,986 $4,113,875 $-131,970
2024 $607,196 $683,880 $4,251,379 $-76,684
2023 $506,596 $668,055 $4,271,741 $-161,459
2022 $479,156 $635,474 $4,431,646 $-156,318
2021 $488,306 $631,264 $4,571,674 $-142,958
2020 $490,112 $590,740 $4,710,952 $-100,628
2019 $507,031 $583,925 $4,802,729 $-76,894
2018 $469,575 $632,620 $4,978,862 $-163,045
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