CORNERSTONE ELDERLY HDFC INC

EIN: 112514873 501(c)(3)

BROOKLYN, NY

Total Revenue
$722,925
Total Expenses
N/A
Total Assets
$13,491,271
Net Assets
$13,491,271
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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
1978
Legal Domicile
NY
Principal Officer
ROBYN LUCAS-CORA
Phone
5162857500
Tax Period
2023-10-01 to 2024-09-30

CORNERSTONE ELDERLY HDFC INC, founded in 1978, is a small nonprofit that reported $723K in total revenue in fiscal year 2023.

Mission

TO PROVIDE REHABILITATION AND MAINTENANCE OF RESIDENTIAL HOUSING TO LOW-INCOME ELDERLY.

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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 $722,909
Investment Income $5
Other Revenue $11
TOTAL REVENUE $722,925

Expense Breakdown

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

Year-over-Year Comparison

2023 2022 Change
Revenue $722,925 $688,950 +0.0%
Expenses N/A N/A N/A
Net Income N/A $688,950 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
4
Employees
N/A
Volunteers
4

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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGINALD SHELL PRESIDENT 1.00
Officer Director
$0 $0 $0
LENUE H SINGLETARY III VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BEATRICE J WALLS SECRETARY 1.00
Officer Director
$0 $0 $0
DOROTHY WOODS TREASURER 1.00
Officer Director
$0 $0 $0
ROBYN LUCAS-CORA CFO 1.00
Officer
$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 $722,925 No data $13,491,271 No data
2023 $688,950 No data $12,768,346 No data
2022 $643,464 No data $12,079,396 No data
2021 $717,308 No data $11,435,932 No data
2020 $498,497 No data $10,718,624 No data
2019 $502,846 No data $10,220,127 No data
2018 $509,289 No data $9,717,281 No data
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