NASSAUSUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY (EIN 113360966) - Form 990 Financial Analysis & Trantor Score

🔒

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

1997

Legal Domicile

Principal Officer

PETER J ELKOWITZ JR PRESIDENTCEO

Phone

6314354710

Tax Period

2023-01-01 to 2023-12-31

NASSAUSUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, founded in 1997, is a micro nonprofit in the Housing & Shelter sector that reported $54K in total revenue in fiscal year 2023. Revenue fell 105% from the prior year — a significant decline worth monitoring.

Mission

THE DEVELOPMENT AND/OR REHABILITATION OF COMPLETED HOUSING UNITS TO HOMEOWNERS IN ACCORDANCE WITH NASSAU/SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC.'S (NSPHDFC) TAX EXEMPT PURPOSE.

🔒

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 $0

Investment Income $-54,343

Other Revenue $0

TOTAL REVENUE $-54,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,658

Other Expenses $331,152

TOTAL EXPENSES $331,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-54,343	$1,070,958	-1.1%
Expenses	$331,152	$912,051	-0.6%
Net Income	$-385,495	$158,907	-3.4%

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

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

$1,047,108

Total Directors

$664,177

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER J ELKOWITZ JR	PRESIDENT /	9.00	Officer Director	$0	$58,483	$408,420
JAMES BRITZ	EXEC. VP / C	7.00	Officer Director	$0	$14,350	$255,757
JILL ROSEN-NIKOLOFF	CCO/GENERAL	7.00	Officer	$0	$12,373	$193,809
VALERIE CANNY	CFO	7.00	Officer	$0	$11,999	$189,122
MARTHA ABRAMS	DIRECTOR (IN	0.10	Director	$0	$0	$0
SCOTT BRONSON	DIRECTOR (IN	0.10	Director	$0	$0	$0
STEVEN CANNELLA	DIRECTOR (OU	0.10	Director	$0	$0	$0
LAURA A CASSELL	DIRECTOR (OU	0.10	Director	$0	$0	$0
SHAWN CASSIDY	DIRECTOR (IN	0.10	Director	$0	$0	$0
MATTHEW COHEN	DIRECTOR	0.10	Director	$0	$0	$0
ROBERT J COUGHLAN	DIRECTOR	0.10	Director	$0	$0	$0
SHIRLEY E COVERDALE	DIRECTOR	0.10	Director	$0	$0	$0
THOMAS P DEJESU	DIRECTOR	0.10	Director	$0	$0	$0
RICHARD D DEVERNA	DIRECTOR (OU	0.10	Director	$0	$0	$0
REV DR DARIS DIXON-CLARK	DIRECTOR	0.10	Director	$0	$0	$0
ELENA DUNDON	SECRETARY	0.10	Officer Director	$0	$0	$0
ANTHONY ESERNIO	TREASURER	0.10	Officer Director	$0	$0	$0
KEVIN S LAW ESQ	CHAIRMAN	0.10	Officer Director	$0	$0	$0
ROBERT C CREIGHTON ESQ	DIRECTOR	0.10	Director	$0	$0	$0
MICHAEL A FIELDS	DIRECTOR OUT	0.10	Director	$0	$0	$0
PETER G FLOREY	DIRECTOR	0.10	Director	$0	$0	$0
COLLEEN GALVIN	DIRECTOR (OU	0.10	Director	$0	$0	$0
VINCENT E GIOVINCO	DIRECTOR	0.10	Director	$0	$0	$0
THOMAS B HAGGERTY	DIRECTOR (OU	0.10	Director	$0	$0	$0
CHRISTOPHER M HAHN	DIRECTOR	0.10	Director	$0	$0	$0
PATRICK HALPIN	DIRECTOR	0.10	Director	$0	$0	$0
KEVIN HARVEY	DIRECTOR	0.10	Director	$0	$0	$0
ROBERT A ISAKSEN	DIRECTOR	0.10	Director	$0	$0	$0
LAWRENCE S JONES	DIRECTOR	0.10	Director	$0	$0	$0
PETER KLEIN	DIRECTOR	0.10	Director	$0	$0	$0
STEVEN KRIEGER	DIRECTOR	0.10	Director	$0	$0	$0
RICHARD J LOCKE	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTOPHER MCKEEVER	DIRECTOR	0.10	Director	$0	$0	$0
VLADIMIR ORTEGA	DIRECTOR (OU	0.10	Director	$0	$0	$0
MARLO PAVENTI	DIRECTOR	0.10	Director	$0	$0	$0
REINALDO REI PEREZ	DIRECTOR (IN	0.10	Director	$0	$0	$0
STEVEN F PHILBIN	VICE CHAIRMA	0.10	Officer Director	$0	$0	$0
MARY REID	2ND VICE CHA	0.10	Officer Director	$0	$0	$0
ANDREA ROTHCHILD	DIRECTOR	0.10	Director	$0	$0	$0
MELISSA SANTOS	DIRECTOR (IN	0.10	Director	$0	$0	$0
BRIAN SAPP	DIRECTOR	0.10	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	$-54,343	$331,152	$3,771,237	$-385,495
2022	$1,070,958	$912,051	$3,737,680	$158,907
2021	$1,333,785	$1,221,380	$4,323,101	$112,405
2020	$1,782,088	$1,511,459	$4,275,817	$270,629
2019	$625,380	$560,082	$4,488,596	$65,298

NASSAUSUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY