HAVEN HOUSEBRIDGES INC

🔒

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

1982

Legal Domicile

Principal Officer

LINDSAY MEYER

Phone

6312313619

Tax Period

2024-01-01 to 2024-12-31

HAVEN HOUSEBRIDGES INC, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2024. The organization ran a surplus of $655K, a strong 20% operating margin.

Mission

HAVEN HOUSE/BRIDGES, INC. (HHB) IS A 501(C)(3) HUMAN SERVICE AGENCY, WHICH PROVIDES EMERGENCY SHELTER FOR HOMELESS FAMILIES AND PERMANENT HOUSING WITH SUPPORT SERVICES FOR LOW-INCOME INDIVIDUALS AND FAMILIES WITH HIV/AIDS IN SUFFOLK COUNTY, NEW YORK. ITS GOAL IS TO ENABLE SHELTER FOR HOMELESS FAMILIES WITH SUPPORT SERVICES FOR LOW-INCOME INDIVIDUALS AND FAMILIES WITH HIV/AIDS IN SUFFOLK COUNTY, NY. OUR GOAL IS TO ENABLE PARTICIPANTS TO LIVE IN THE COMMUNITY AT THE HIGHEST LEVEL OF INDEPENDENCE POSSIBLE.

Program Service Accomplishments

Program 1

Expenses: $2,484,159 Revenue: $3,075,057

HHB OFFERS 5 EMERGENCY SHELTERS FOR HOMELESS FAMILIES WHO ARE REFERRED BY THE SUFFOLK COUNTY DEPARTMENT OF SOCIAL SERVICES CENTRAL HOUSING DIVISION FOR ADMISSION. SUPPORT SERVICES INCLUDE 24 HOUR...

HHB OFFERS 5 EMERGENCY SHELTERS FOR HOMELESS FAMILIES WHO ARE REFERRED BY THE SUFFOLK COUNTY DEPARTMENT OF SOCIAL SERVICES CENTRAL HOUSING DIVISION FOR ADMISSION. SUPPORT SERVICES INCLUDE 24 HOUR STAFF SUPERVISION, LIFE SKILL DEVELOPMENT AND REFERRAL SERVICES. THE PROGRAM ASSISTS RESIDENTS TO FIND PERMANENT HOUSING AND DEVELOP LIFE SKILLS SUCH AS: SOCIALIZATION, PARENTING, APARTMENT MANAGEMENT, MONEY MANAGEMENT, NUTRITION, MEAL PREPARATION, AND SELF CARE (HYGIENE) TO NAME A FEW. HHB'S VILLAGE PROGRAM PROVIDES PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS WITH HIV/AIDS. THE PROGRAM ASSISTS RESIDENTS TO MAINTAIN THEIR STATUS IN THE COMMUNITY WHILE MANAGING THE EFFECTS OF A DEVASTATING DISEASE. THE PROGRAM PROVIDES BOTH HOUSING AND CASE MANAGEMENT TO ITS RESIDENTS. STAFF PROVIDE RESIDENTS WITH NECESSARY RESOURCES AND EDUCATION TO ENABLE THEM TO MANAGE THE EFFECTS OF THEIR DISEASE AND STILL FUNCTION IN THE COMMUNITY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $205,101

Program Service Revenue $3,075,057

Investment Income $29,891

Other Revenue $21,366

TOTAL REVENUE $3,331,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,933,530

Fundraising Expenses $0

Program Expenses $2,484,159

Other Expenses $742,911

TOTAL EXPENSES $2,676,441

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,331,415	$3,274,715	+0.0%
Expenses	$2,676,441	$2,680,397	0.0%
Net Income	$654,974	$594,318	+0.1%

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

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

$1,206,278

Total Directors

Key Employees

$466,190

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD BONANNO	PRESIDENT	0.50	Officer Director	$0	$0	$0
KAY POSILLICO	DIRECTOR	0.50	Director	$0	$0	$0
MARY BETH GRIFFIN	DIRECTOR	0.50	Director	$0	$0	$0
GARY LOMBARDI	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
JON RUISS JR	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
REBECCA BONANNO	DIRECTOR	0.50	Director	$0	$0	$0
MARCIA FIELD	DIRECTOR	0.50	Director	$0	$0	$0
BURTON WESTON	DIRECTOR	0.50	Director	$0	$0	$0
BRUNO J LASPINA	CEO	29.00	Officer	$84,616	$40,223	$696,624
LINDSAY MEYER	COO	5.50	Officer	$37,222	$13,355	$315,326
COLLEEN JURAN	CHIEF COMPLIANCE OFFICER	5.50	Officer	$19,236	$39,437	$194,328
JANINE GARRITI	DIRECTOR OF OPERATIONS	5.50	Key Emp	$31,072	$45,688	$280,637
SHARON KENNEY	HUMAN RESOURCES MANAGER	5.50	Key Emp	$20,652	$19,550	$185,553
SHARON JOHNSON	PROGRAM COORDINATOR	0.00	Highest	$0	$19,610	$169,456
DEBORAH SANDERSON	DIVISION MANAGER	6.00	Highest	$25,121	$19,808	$217,805
SUSAN CUSMANO	PROGRAM COORDINATOR	0.00	Highest	$0	$12,683	$145,553
TRACEY BIRK	SENIOR CASE MANAGER	12.00	Highest	$19,650	$28,979	$214,455
LINDA GEHRES	SENIOR BOOKKEEPER	6.50	Highest	$24,376	$6,265	$152,221

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
2024	$3,331,415	$2,676,441	$3,372,010	$654,974
2023	$3,274,715	$2,680,397	$3,083,955	$594,318
2022	$3,685,483	$2,919,076	$2,969,791	$766,407
2021	$2,671,846	$2,458,750	$1,919,954	$213,096
2020	$2,967,975	$3,370,952	$1,186,555	$-402,977
2019	$2,825,146	$2,832,553	$1,479,027	$-7,407
2018	$2,810,695	$2,763,395	$1,655,044	$47,300