YORKVILLE GARDENS HOUSING DEVELOPM… - Form 990 Financial Data

🔒

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

1981

Legal Domicile

Principal Officer

LINDA R HOFFMAN

Phone

2129627653

Tax Period

2024-07-01 to 2025-06-30

YORKVILLE GARDENS HOUSING DEVELOPMENT FUND CO INC, founded in 1981, is a community nonprofit in the Housing & Shelter sector that reported $5.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $8.2M exceeded revenue, resulting in a 45% operating deficit.

Mission

DEVELOPING, CONSTRUCTING, AND OPERATING HOUSING AND RELATED FACILITIES FOR THE ELDERLY AND HANDICAPPED.

Program Service Accomplishments

Program 1

Expenses: $7,592,066 Revenue: $427,831

PROVIDES 131 UNITS OF SUBSIDIZED LOW INCOME HOUSING FOR SENIOR CITIZENS.

🔒

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 $4,544,168

Program Service Revenue $427,831

Investment Income $645,832

Other Revenue $6,118

TOTAL REVENUE $5,623,949

Expense Breakdown

Grants Paid $2,500,000

Salaries & Benefits $661,224

Fundraising Expenses $0

Program Expenses $7,592,066

Other Expenses $4,992,877

TOTAL EXPENSES $8,154,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,623,949	$4,821,361	+0.2%
Expenses	$8,154,101	$5,143,890	+0.6%
Net Income	$-2,530,152	$-322,529	+6.8%

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

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

$1,186,051

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM N HUBBARD IV	PRESIDENT	0.20	Officer Director	$0	$0	$0
ELIZABETH R TOZER	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
JOAN FINKLESTEN	EXEC. SECRETARY/TREASURER	0.20	Officer Director	$0	$0	$0
ANN VAN NESS	BOARD MEMBER	0.20	Director	$0	$0	$0
LINDA R HOFFMAN	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$35,975	$820,576
ROLANDO A BLANCO	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$35,975	$365,475

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	$5,623,949	$8,154,101	$37,242,555	$-2,530,152
2024	$4,821,361	$5,143,890	$40,056,101	$-322,529
2023	$4,235,118	$3,786,367	$41,739,391	$448,751
2022	$3,541,110	$2,501,853	$5,048,506	$1,039,257
2021	$3,551,703	$2,538,527	$4,709,153	$1,013,176
2020	$3,510,646	$2,496,372	$4,413,569	$1,014,274
2019	$2,736,429	$2,333,993	$3,629,622	$402,436
2018	$2,604,251	$2,296,750	$3,639,925	$307,501

YORKVILLE GARDENS HOUSING DEVELOPMENT FUND CO INC