PILOT COVE MANOR HOUSING DEVELOPMENT FUND CO INC (EIN 133017060) - 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

1979

Legal Domicile

Principal Officer

JAMES LIVINGSTON

Phone

7188851600

Tax Period

2024-01-01 to 2024-12-31

PILOT COVE MANOR HOUSING DEVELOPMENT FUND CO INC, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $2.0M left a modest 8% surplus.

Mission

To provide housing for the elderly persons.

🔒

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 $2,119,063

Investment Income $4,830

Other Revenue $4,069

TOTAL REVENUE $2,127,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $461,131

Fundraising Expenses $0

Program Expenses $1,953,711

Other Expenses $1,492,580

TOTAL EXPENSES $1,953,711

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,127,962	$2,051,289	+0.0%
Expenses	$1,953,711	$1,813,708	+0.1%
Net Income	$174,251	$237,581	-0.3%

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

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
THOMAS SMITH	PRESIDENT	001.00	Director	$0	$0	$0
STUART SORRELL	VICE-PRESIDENT	001.00	Director	$0	$0	$0
DEIRDRE SIMMONS	BOARD MEMBER	001.50	Director	$0	$0	$0
KAREN NANI	SECRETARY	001.50	Director	$0	$0	$0
ANTHONY ROCCAMO	BOARD MEMBER	001.00	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	$2,127,962	$1,953,711	$3,294,916	$174,251
2023	$2,051,289	$1,813,708	$3,074,496	$237,581
2022	$1,889,351	$1,859,457	$2,789,102	$29,894
2021	$1,872,197	$1,795,631	$3,157,296	$76,566
2020	$1,972,346	$1,692,107	$3,860,488	$280,239
2019	$2,325,940	$1,765,346	$4,467,648	$560,594
2018	$1,919,438	$1,827,451	$5,075,235	$91,987

PILOT COVE MANOR HOUSING DEVELOPMENT FUND CO INC