HAVEN PLAZA HDFC INC CATHOLIC HOMES NEW YORK (EIN 132563033) - 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

1969

Legal Domicile

Principal Officer

MSGR KEVIN NELAN

Phone

6467943505

Tax Period

2024-04-01 to 2025-03-31

HAVEN PLAZA HDFC INC CATHOLIC HOMES NEW YORK, founded in 1969, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 88% operating margin.

Mission

GROUND LEASE AGREEMENT WITH A LOW INCOME HOUSING PROJECT AND PROVIDE SUPPORT TO AN EXEMPT ORGANIZATION WHOSE PURPOSE IS TO MAINTAIN AND DEVELOP AFFORDABLE HOUSING.

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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 $0

Program Service Revenue $1,248,938

Investment Income $49,540

Other Revenue $0

TOTAL REVENUE $1,298,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,750

Other Expenses $150,783

TOTAL EXPENSES $150,783

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,298,478	$1,052,873	+0.2%
Expenses	$150,783	$45,756	+2.3%
Net Income	$1,147,695	$1,007,117	+0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONSIGNOR KEVIN NELAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
GEORGE HORTON	TREASURER	5.00	Officer Director	$0	$0	$0
LISA PETRUCCO	SECRETARY	5.00	Officer Director	$0	$0	$0
ROBERT ROSSI	DIRECTOR	5.00	Officer Director	$0	$0	$0
REVEREND LORENZO LABOY	DIRECTOR	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
2025	$1,298,478	$150,783	$20,785,010	$1,147,695
2024	$1,052,873	$45,756	$19,637,315	$1,007,117
2023	$1,004,841	$39,641	$18,630,198	$965,200
2022	$960,173	$20,761	$17,664,998	$939,412
2021	$1,436,978	$64,806	$16,718,619	$1,372,172
2020	$1,512,029	$63,350	$26,669,411	$1,448,679

HAVEN PLAZA HDFC INC CATHOLIC HOMES NEW YORK