BLUE MOUNTAIN HOUSING DEVELOPMENT CORPORATION (EIN 133032463) - 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

1985

Legal Domicile

Principal Officer

MARC LEVESQUE

Phone

9142343124

Tax Period

2024-01-01 to 2024-12-31

BLUE MOUNTAIN HOUSING DEVELOPMENT CORPORATION, founded in 1985, is a micro nonprofit that reported $71K in total revenue in fiscal year 2024. Expenses of $85K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO ASSIST IN THE DEVELOPMENT OF AFFORDABLE HOUSING IN WESTCHESTER COUNTY, NEW YORK.

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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 $7,304

Program Service Revenue $63,338

Investment Income $12

Other Revenue $0

TOTAL REVENUE $70,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,231

Other Expenses $85,231

TOTAL EXPENSES $85,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,654	$68,903	+0.0%
Expenses	$85,231	$70,096	+0.2%
Net Income	$-14,577	$-1,193	+11.2%

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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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
JULIE STERN	DIRECTOR	1.00	Director	$0	$0	$0
AMY DICKAN	DIRECTOR	1.00	Director	$0	$0	$0
ROSE GOLDFINE	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW CHINTZ	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MCGRATH	CHAIRMAN	3.00	Officer	$0	$0	$0
SHEILA MCSPEDON	SECRETARY	3.00	Officer	$0	$0	$0
MARC LEVESQUE	TREASURER	3.00	Officer	$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	$70,654	$85,231	$4,272,640	$-14,577
2023	$68,903	$70,096	$856,916	$-1,193
2022	$66,226	$80,522	$867,371	$-14,296
2021	$133,395	$93,865	$887,204	$39,530
2020	$73,777	$62,083	$854,326	$11,694
2019	$65,971	$60,072	$852,143	$5,899
2018	$65,704	$65,381	$851,015	$323

BLUE MOUNTAIN HOUSING DEVELOPMENT CORPORATION