Hebrew Home Housing Development Company (EIN 132956755) - 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

1978

Legal Domicile

Phone

7185811298

Tax Period

2024-01-01 to 2024-12-31

Hebrew Home Housing Development Company, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $5.8M in total revenue in fiscal year 2024. Expenses of $8.2M exceeded revenue, resulting in a 41% operating deficit.

Mission

TO PROVIDE INDEPENDENT SENIOR HOUSING IN A SAFE, CONGENIAL ENVIRONMENT.

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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 $5,800,567

Investment Income $0

Other Revenue $11,434

TOTAL REVENUE $5,812,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,597,716

Fundraising Expenses $0

Program Expenses $6,793,486

Other Expenses $6,614,351

TOTAL EXPENSES $8,212,067

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,812,001	$5,978,800	0.0%
Expenses	$8,212,067	$7,802,090	+0.1%
Net Income	$-2,400,066	$-1,823,290	+0.3%

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

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

$2,309,121

Total Directors

Key Employees

$933,009

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY S MAURER	CHAIRMAN	1.0	Officer Director	$0	$0	$0
JOSEPH WYGODA	TREASURER/SECRETARY	1.0	Officer Director	$0	$0	$0
DAVID SABLE	TRUSTEE	1.0	Director	$0	$0	$0
JAMES A SHIFREN	Trustee	1.0	Director	$0	$0	$0
MARTIN HOFFMAN	TRUSTEE	1.0	Director	$0	$0	$0
Carl Willner	SVP, FINANCE	1.0	Officer	$0	$62,865	$482,681
DANIEL REINGOLD	PRESIDENT, CEO	1.0	Officer	$0	$67,207	$1,826,440
DAVID POMERANZ	CHIEF OPERATING OFFICER	1.0	Key Emp	$0	$34,843	$933,009

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	$5,812,001	$8,212,067	$7,876,130	$-2,400,066
2023	$5,978,800	$7,802,090	$9,428,698	$-1,823,290
2022	$6,188,304	$7,453,729	$10,885,244	$-1,265,425
2021	$6,258,776	$7,196,727	$13,025,058	$-937,951
2020	$7,230,515	$7,837,648	$13,360,853	$-607,133
2019	$8,436,565	$8,081,919	$14,595,955	$354,646
2018	$8,106,514	$8,011,879	$14,554,388	$94,635

Hebrew Home Housing Development Company