ST AGNES SENIOR CITIZEN HOUSING DEVELOPMENT FUND COMPANY INC (EIN 112965433) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

RICHARD BALCOM

Phone

5167337032

Tax Period

2023-10-01 to 2024-09-30

ST AGNES SENIOR CITIZEN HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $769K, a strong 43% operating margin.

Mission

THE ORGANIZATION OWNS & OPERATES A SECTION 202 HUD MULTIFAMILY HOUSING PROJECT FOR THE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,621,656

Investment Income $152,478

Other Revenue $2,811

TOTAL REVENUE $1,776,945

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,438

Fundraising Expenses $0

Program Expenses $834,508

Other Expenses $871,297

TOTAL EXPENSES $1,007,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,776,945	$1,645,992	+0.1%
Expenses	$1,007,735	$957,854	+0.1%
Net Income	$769,210	$688,138	+0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD BALCOM	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT J AHLSTROM JR	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM G CHAPIN	TRUSTEE	1.00	Director	$0	$0	$0
MARYANNE FITZGERALD	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN PIETROWSKI	TRUSTEE	1.00	Director	$0	$0	$0
GARY CREGAN	TRUSTEE	1.00	Director	$0	$0	$0
JESUS VALDES	TRUSTEE	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	$1,776,945	$1,007,735	$5,132,453	$769,210
2023	$1,645,992	$957,854	$4,531,455	$688,138
2022	$1,352,387	$1,061,759	$4,058,106	$290,628
2021	$1,307,959	$1,005,878	$3,909,589	$302,081
2020	$1,278,614	$975,698	$3,783,899	$302,916
2019	$1,288,110	$954,988	$3,668,406	$333,122
2018	$1,298,819	$999,758	$3,480,108	$299,061

ST AGNES SENIOR CITIZEN HOUSING DEVELOPMENT FUND COMPANY INC