SALISBURY HOUSING COMMITTEE INC (EIN 115309016) - 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

1985

Legal Domicile

Principal Officer

PETER HALLE

Phone

8604350049

Tax Period

2024-01-01 to 2024-12-31

SALISBURY HOUSING COMMITTEE INC, founded in 1985, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 86% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING TO QUALIFIED INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,116,744

Program Service Revenue $399,009

Investment Income $44,286

Other Revenue $0

TOTAL REVENUE $3,560,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,307

Fundraising Expenses $0

Program Expenses $441,329

Other Expenses $441,396

TOTAL EXPENSES $497,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,560,039	$2,083,018	+0.7%
Expenses	$497,703	$421,118	+0.2%
Net Income	$3,062,336	$1,661,900	+0.8%

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

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
PETER HALLE	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOCELYN AYER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JOSEPH WOODARD	TREASURER	5.00	Officer Director	$0	$0	$0
CLAIRE HELD	SECRETARY	2.00	Officer Director	$0	$0	$0
CAROLE DMYTRYSHAK	DIRECTOR	2.00	Director	$0	$0	$0
JAMES DRESSER	DIRECTOR	5.00	Director	$0	$0	$0
AL GINOUVES	DIRECTOR	2.00	Director	$0	$0	$0
CAROL MAGOWAN	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE MASSEY	DIRECTOR	2.00	Director	$0	$0	$0
PAM PATTERSON	DIRECTOR	2.00	Director	$0	$0	$0
DAVID RICH	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH SLOTNICK	DIRECTOR	2.00	Director	$0	$0	$0
KEITH STEIN	DIRECTOR	2.00	Director	$0	$0	$0
SEAN WHITE	DIRECTOR	2.00	Director	$0	$0	$0
MICHELE WURM	DIRECTOR	2.00	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	$3,560,039	$497,703	$8,944,133	$3,062,336
2023	$2,083,018	$421,118	$6,209,021	$1,661,900
2022	$613,463	$412,418	$3,994,737	$201,045
2021	$631,985	$321,741	$3,756,699	$310,244
2020	$277,481	$270,908	$3,456,878	$6,573
2019	$221,027	$256,424	$3,465,871	$-35,397
2018	$390,231	$228,497	$3,368,113	$161,734

SALISBURY HOUSING COMMITTEE INC