HUDSON GATEWAY ASSOCIATION OF REALTORS INC

EIN: 131737022

WHITE PLAINS, NY

Total Revenue
$5,140,675
Total Expenses
$4,998,545
Total Assets
$12,525,281
Net Assets
$8,989,904
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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
1916
Legal Domicile
NY
Principal Officer
LYNDA FERNANDEZ
Phone
9146810833
Tax Period
2024-01-01 to 2024-12-31

HUDSON GATEWAY ASSOCIATION OF REALTORS INC, founded in 1916, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2024.

Mission

CREATING OPPORTUNITIES FOR MEMBERS TO GROW THEIR BUSINESSES AND SUCCEED IN THEIR COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $17,427
Program Service Revenue $4,366,367
Investment Income $740,175
Other Revenue $16,706
TOTAL REVENUE $5,140,675

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $2,753,282
Fundraising Expenses $0
Other Expenses $2,235,263
TOTAL EXPENSES $4,998,545

Year-over-Year Comparison

2024 2023 Change
Revenue $5,140,675 $5,119,573 +0.0%
Expenses $4,998,545 $5,002,307 0.0%
Net Income $142,130 $117,266 +0.2%
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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Governance

Voting Members
25
Independent Members
25
Employees
37
Volunteers
25

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
7
$519,187
Total Directors
25
$0
Key Employees
1
$158,590
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARMEN BAUMAN IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
VLORA SEJDI PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH LIPPOLIS TREASURER 1.00
Officer Director
$0 $0 $0
REY HOLLINGSWORTH FALU PRESIDENT - ELECT 1.00
Officer Director
$0 $0 $0
JENNIFER ROUSSET REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
CRYSTAL HAWKINS SYSKA REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
LAYLA ROSE BOYLES DIRECTOR 1.00
Director
$0 $0 $0
EMRAN BHUIYAN DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY RUPERTO SECRETARY 1.00
Officer Director
$0 $0 $0
DARIN PALUMBO DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY MULLOWNEY DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH HOULIHAN DIRECTOR 1.00
Director
$0 $0 $0
MARYANN TERCASIO DIRECTOR 1.00
Director
$0 $0 $0
SHANESE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY BOHLKE DIRECTOR 1.00
Director
$0 $0 $0
ROSEANN PAGGIOTTA DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY DOMATHOTI DIRECTOR 1.00
Director
$0 $0 $0
TONY D'ANZICA PREVIOUS PAST PRESIDENT 1.00
Director
$0 $0 $0
GREGORY TSOURANGIS REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA PROSTANO REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
CAROL CHRISTIANSEN REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
J PHILIP FARANDA DIRECTOR 1.00
Director
$0 $0 $0
HARDING MASON DIRECTOR 1.00
Director
$0 $0 $0
VALERIE PORT DIRECTOR 1.00
Director
$0 $0 $0
ERNEST CHI DIRECTOR 1.00
Director
$0 $0 $0
LYNDA FERNANDEZ CEO 40.00
Officer
$331,418 $7,680 $339,098
VICKI GONZALEZ CFO AND CHIEF OF STAFF 40.00
Officer
$179,849 $240 $180,089
ELIEZER RODRIQUEZ REGIONAL DIRECTOR OF GOVER 40.00
Key Emp
$158,590 $0 $158,590
JANA CURRIER COO 40.00
Highest
$195,048 $7,680 $202,728
GARY CONNOLLY CHEIF STRATEGY OFFICER 40.00
Highest
$130,007 $7,680 $137,687
MICHAEL MALONE DIRECTOR OF PROFESSIONAL D 40.00
Highest
$141,586 $240 $141,826
ALEXANDER ROITHMAYR DIRECTOR OF GOVERNMENT AFF 40.00
Highest
$129,750 $0 $129,750
AMY DELLIPAOLI DIRECTOR OF MEMBER ENGAGEMENT 40.00
Highest
$127,865 $0 $127,865
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 $5,140,675 $4,998,545 $12,525,281 $142,130
2022 $4,391,903 $3,999,196 $11,834,127 $392,707
2021 $4,071,410 $3,506,406 $9,638,394 $565,004
2020 $3,300,665 $3,196,047 $8,847,265 $104,618
2019 $3,340,911 $3,253,303 $7,856,287 $87,608
2018 $3,185,846 $2,999,950 $7,834,799 $185,896
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