AMBOY PROPERTIES CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

DR SANDRA SCOTT

Phone

7182405200

Tax Period

2023-01-01 to 2023-12-31

AMBOY PROPERTIES CORPORATION, founded in 1986, is a community nonprofit in the Health Care sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 56% operating margin.

Mission

AMBOY PROPERTIES CORPORATION'S PURPOSE IS TO PROVIDE PARKING FACILITIES TO PATIENTS, VISITORS AND EMPLOYEES OF BROOKDALE HOSPITAL MEDICAL CENTER AND ITS RELATED AFFILIATED GROUPS AND ORGANIZATIONS

Program Service Accomplishments

Program 1

Expenses: $29,912 Revenue: $1,863,638

AMBOY PROPERTIES CORPORATION IS A NOT FOR PROFIT CORPORATION CREATED FOR THE PURPOSE OF PROVIDING PARKING FACILITIES TO PATIENTS, VISITORS AND EMPLOYEES OF BROOKDALE HOSPITAL MEDICAL CENTER AND ITS...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,846,699

Investment Income $0

Other Revenue $16,939

TOTAL REVENUE $1,863,638

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,912

Other Expenses $823,157

TOTAL EXPENSES $823,157

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,863,638	$1,323,250	+0.4%
Expenses	$823,157	$537,777	+0.5%
Net Income	$1,040,481	$785,473	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$2,060,401

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX ROVT	CHAIRMAN	0.05	Officer Director	$0	$0	$0
RICHARD E GREEN	TRUSTEE	0.05	Director	$0	$0	$0
REV WATERMAN	VICE-CHAIRPERSON	0.05	Officer Director	$0	$0	$0
RABBI ARYEH KATZIN	TRUSTEE	0.05	Director	$0	$0	$0
NUSIN SHTERN	TRUSTEE	0.05	Director	$0	$0	$0
MICHAEL SCAGNELLI	TRUSTEE	0.05	Director	$0	$0	$0
MICHAEL L NAIRNE	TRUSTEE	0.05	Director	$0	$0	$0
MICHAEL IRWIN	TRUSTEE	0.05	Director	$0	$0	$0
MAURICE A REID	TRUSTEE	0.05	Director	$0	$0	$0
MARK SHELTON	TRUSTEE	0.05	Director	$0	$0	$0
HOPE MASON	TRUSTEE	0.05	Director	$0	$0	$0
HENNA WHITE	SECRETARY/TREASURER	0.05	Officer Director	$0	$0	$0
EDNA WELLS-HANDY	TRUSTEE	0.05	Director	$0	$0	$0
DR SOFIA NOVAK	TRUSTEE	0.05	Director	$0	$0	$0
DR JOSEPH CUIFFO	TRUSTEE	0.05	Director	$0	$0	$0
BISHOP HUGH NELSON	TRUSTEE	0.05	Director	$0	$0	$0
ANTHONY CLEMENZA SR	TRUSTEE	0.05	Director	$0	$0	$0
VICTOR AYALA	TRUSTEE	0.05	Director	$0	$0	$0
ALEXANDER LANZMAN	TRUSTEE	0.05	Director	$0	$0	$0
REGINALD BULLOCK	GENERAL COUNSEL - ASST. SECRETARY	0.05	Officer	$0	$71,344	$499,247
LARAY BROWN	CEO OBHS & PRES.&CEO UNTIL 12/31/23	0.05	Officer	$0	$14,600	$1,259,778
MICHELLE FIGUEROA	CFO - START FROM 7/10/23	0.05	Officer	$0	$1,154	$301,376

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	$1,863,638	$823,157	$18,381,682	$1,040,481
2022	$1,323,250	$537,777	$8,241,688	$785,473
2021	$2,063,819	$841,431	$8,501,836	$1,222,388
2020	$1,812,996	$777,270	$2,868,288	$1,035,726
2019	$1,887,889	$1,024,635	$1,688,202	$863,254
2018	$1,757,440	$1,111,199	$3,818,900	$646,241