ANTIOCH HOUSING FUND CORP

EIN: 113348562 501(c)(3) Health Care

HEMPSTEAD, NY

Total Revenue
$320,811
Total Expenses
$193,662
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
PHILLIP E ELLIOTT
Phone
5852631164
Tax Period
2023-01-01 to 2023-12-31

ANTIOCH HOUSING FUND CORP, founded in 1997, is a small nonprofit in the Health Care sector that reported $321K in total revenue in fiscal year 2023. Revenue surged 791% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 40% operating margin.

Mission

TO OWN, OWN, BUILD, CONSTRUCT, ALTER, RENOVATE, LEASE, RENT, ESTABLISH, ORGANIZE, MAINTAIN AND OPERATE RESIDENTIAL HOUSING FOR PERSONS IN NEED OF A PLACE TO LIVE IN NASSAU COUNTY; TO PROVIDE LIVING ACCOMMODATIONS FOR PERSONS REQUIRING SAME; TO PROVIDE AND SUPPLY ANY AND ALL NECESSARY APPURTENANCES THAT MAY BE USEFUL OR CONVENIENT FOR THE CONDUCT OF THE CHARITABLE PURPOSES OF THIS CORPORATION; TO SECURE AND PROVIDE VOLUNTEERS TO OFFER AID AND ASSISTANCE TO INDIVIDUALS IN LOCATING AFFORDABLE HOUSING; TO AID, ASSIST, COOPERATE, CO-SPONSOR AND OTHERWISE ENGAGE IN CONCERTED ACTION WITH PRIVATE AND GOVERNMENTAL AGENCIES, ORGANIZATIONS AND INSTITUTIONS, ON ALL PROGRAMS DESIGNED, CALCULATED AND DEDICATED TO PROVIDING AFFORDABLE HOUSING; TO WORK IN CONCERT WITH OTHER SIMILARLY CONSTITUTED ORGANIZATIONS.

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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 $316,471
Other Revenue $4,340
TOTAL REVENUE $320,811

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $193,662
Other Expenses $193,662
TOTAL EXPENSES $193,662

Year-over-Year Comparison

2023 2022 Change
Revenue $320,811 $36,009 +7.9%
Expenses $193,662 $26,385 +6.3%
Net Income $127,149 $9,624 +12.2%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
C OMAR EVANS DIRECTOR 5.00
Director
$0 $0 $0
EVAN GRAY DIRECTOR 5.00
Director
$0 $0 $0
JIMMIE DAVIS DIRECTOR (OUTGOING) 5.00
Director
$0 $0 $0
MELVIN PERKINS DIRECTOR (OUTGOING) 5.00
Director
$0 $0 $0
PHILLIP E ELLIOT PRESIDENT 5.00
Officer Director
$0 $0 $0
TONI EBRON DIRECTOR/ TREASURER 5.00
Officer 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 $320,811 $193,662 No data $127,149
2022 $36,009 $26,385 $-127,149 $9,624
2021 $36,034 $34,610 $-136,773 $1,424
2020 $36,000 $44,882 $-138,197 $-8,882
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