ASHLAND PLACE HOUSES INC

EIN: 112390927 501(c)(3) Health Care

BROOKLYN, NY

Total Revenue
N/A
Total Expenses
$11,746
Total Assets
$266,704
Net Assets
$-18,324,681
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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
1974
Legal Domicile
NY
Principal Officer
SHARON WICKES
Phone
7182506755
Tax Period
2023-01-01 to 2023-12-31

Mission

ASHLAND PLACE HOUSES, INC. SUPPORTS THE BROOKLYN HOSPITAL CENTER (THE HOSPITAL) THROUGH THE OWNERSHIP OF BUILDINGS AND LAND THAT PROVIDE CLINICAL AND ADMINISTRATIVE OFFICE SPACE SUPPORTING HOSPITAL SERVICES, AS WELL AS HOUSING UTILIZED BY TRAINEES AND STAFF OF THE HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $11,746 Revenue: $0

THE ORGANIZATION SUPPORTS THE REAL ESTATE NEEDS OF THE BROOKLYN HOSPITAL CENTER THROUGH THE OWNERSHIP OF BUILDINGS AND LAND THAT PROVIDE CLINICAL AND ADMINISTRATIVE OFFICE SPACE SUPPORTING HEALTH...

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THE ORGANIZATION SUPPORTS THE REAL ESTATE NEEDS OF THE BROOKLYN HOSPITAL CENTER THROUGH THE OWNERSHIP OF BUILDINGS AND LAND THAT PROVIDE CLINICAL AND ADMINISTRATIVE OFFICE SPACE SUPPORTING HEALTH CARE SERVICES, AS WELL AS HOUSING UTILIZED BY THE HOSPITAL'S TRAINEES AND STAFF.

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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 (2023)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,746
Other Expenses $11,746
TOTAL EXPENSES $11,746

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $11,746 $11,746 N/A
Net Income N/A $-11,746 N/A
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
4
Independent Members
2
Employees
N/A
Volunteers
2

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
$2,185,273
Total Directors
4
$2,185,273
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY G TERRINONI PRESIDENT & BOARD CHAIR 1.00
Officer Director
$0 $12,234 $1,818,388
SHARON L WICKES TREASURER & DIRECTOR 1.00
Officer Director
$0 $5,635 $366,885
CARLOS P NAUDON DIRECTOR 1.00
Director
$0 $0 $0
ANNE ELIZABETH FONTAINE 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
2024 No data No data No data No data
2023 No data $11,746 $266,704 No data
2022 No data $11,746 $278,450 No data
2021 $1 $11,353 $290,196 $-11,352
2020 $1 $10,374 $275,231 $-10,373
2019 $84,221,059 $464,835 $285,606 $83,756,224
2018 $1 $344,931 $4,521,205 $-344,930
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