MSGR JOSEPH F STEDMAN RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION (EIN 113402363) - 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

Phone

7187226150

Tax Period

2024-07-01 to 2025-06-30

MSGR JOSEPH F STEDMAN RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION, founded in 1997, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024.

Mission

TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR ELDERLY AND DISABLED PERSONS OF LOW INCOME.

🔒

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 $0

Program Service Revenue $1,337,384

Investment Income $32,600

Other Revenue $4,001

TOTAL REVENUE $1,373,985

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,371,862

Other Expenses $1,480,394

TOTAL EXPENSES $1,480,394

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,373,985	$1,298,958	+0.1%
Expenses	$1,480,394	$1,466,273	+0.0%
Net Income	$-106,409	$-167,315	-0.4%

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

N/A

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

$1,307,824

Total Directors

$1,493,958

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DESIREE A JACKSON-FRYSON	SECRETARY	0.1	Officer Director	$0	$36,263	$226,655
JEANNE M DIULIO	PRESIDENT	0.2	Officer Director	$0	$26,716	$224,002
MARTIN A SUSSMAN	TREASURER	0.1	Officer Director	$0	$52,414	$203,455
MARY HURSON	VICE PRESIDENT	0.1	Officer Director	$0	$30,316	$231,378
DESIREE M BARBERIO	DIRECTOR	0.1	Director	$0	$32,755	$191,039
RICHARD SLIZESKI	DIRECTOR	0.1	Director	$0	$23,481	$199,064
SAMIRA ALIEVA	DIRECTOR	0.1	Director	$0	$40,650	$218,365
CHRISTINE D'OTTAVIO	CFO	0.2	Officer	$0	$36,759	$325,584
REV MSGR ALFRED P LOPINTO	CEO	0.2	Officer	$0	$12,769	$49,769
VERY REV PATRICK KEATING	DEPUTY CEO	0.2	Officer	$0	$1,981	$46,981

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
2025	$1,373,985	$1,480,394	$5,347,836	$-106,409
2024	$1,298,958	$1,466,273	$5,477,919	$-167,315
2023	$1,322,615	$1,492,792	$5,654,649	$-170,177
2022	$1,184,907	$1,380,130	$5,851,124	$-195,223
2021	$1,175,882	$1,383,137	$6,020,746	$-207,255
2020	$1,185,644	$1,270,936	$6,183,756	$-85,292
2019	$1,181,267	$1,205,577	$6,407,250	$-24,310
2018	$1,112,907	$1,149,798	$6,360,275	$-36,891

MSGR JOSEPH F STEDMAN RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION