Carrington Arms Housing Development Fund Co Inc (EIN 132684083) - 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

1968

Legal Domicile

Principal Officer

REV MICHAEL J ROUSE

Phone

9145925434

Tax Period

2024-05-01 to 2025-04-30

Carrington Arms Housing Development Fund Co Inc, founded in 1968, is a small nonprofit in the Housing & Shelter sector that reported $246K in total revenue in fiscal year 2024. The organization ran a surplus of $243K, a strong 99% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO ASSIST AND SUPPORT THE AQUISITION, REHABILITATION, MANAGEMENT AND OPERATION AND OR DEVELOPMENT OF AFFORDABLE HOUSING FOR USE BY LOW-INCOME TENANTS

🔒

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 $246,427

Investment Income $0

Other Revenue $0

TOTAL REVENUE $246,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $3,246

TOTAL EXPENSES $3,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$246,427	$246,427	N/A
Expenses	$3,246	$2,445	+0.3%
Net Income	$243,181	$243,982	0.0%

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

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
REV MICHAEL J ROUSE	PRESIDENT	0.25	Officer Director	$0	$0	$0
MARY E WILLIAMS	MEMBER	0.25	Director	$0	$0	$0
EUGENE F CONROY	SECRETARY	0.25	Officer Director	$0	$0	$0
BERNICE SMITH ESQ	MEMBER	0.25	Director	$0	$0	$0
CYNTHIA HUMPHREYS	HOSUING MANAGER	0.25	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	$246,427	$3,246	$10,214,327	$243,181
2024	$246,427	$2,445	$9,971,146	$243,982
2023	$246,427	$2,317	$9,727,164	$244,110
2022	$246,427	No data	$9,483,054	No data
2021	$246,427	$2,575	$9,236,627	$243,852
2020	$246,428	$2,575	$8,992,775	$243,853
2019	$246,424	No data	$8,748,922	No data

Carrington Arms Housing Development Fund Co Inc