Mamaroneck Senior Citizens Apartment Housing Development Fund Corp Inc (EIN 133213293) - 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

1983

Legal Domicile

Principal Officer

Richard Nightingale

Phone

9143452800

Tax Period

2019-01-01 to 2019-12-31

Mamaroneck Senior Citizens Apartment Housing Development Fund Corp Inc, founded in 1983, is a micro nonprofit that reported $39K in total revenue in fiscal year 2019. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $37K, a strong 95% operating margin.

Mission

TO CONSTRUCT NEW HOUSING AND IMPROVE EXISTING HOUSING FOR LOW AND MODERATE INCOME RESIDENTS IN MAMARONECK, 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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,200

Investment Income $28,097

Other Revenue $0

TOTAL REVENUE $39,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,854

TOTAL EXPENSES $1,854

Year-over-Year Comparison

	2019	2018	Change
Revenue	$39,297	$35,030	+0.1%
Expenses	$1,854	$750	+1.5%
Net Income	$37,443	$34,280	+0.1%

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

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
ROBERT GALVIN	SECRETARY / TREASURER	1.0	Officer Director	$0	$0	$0
JOHN VERNI	BOARD MEMBER	1.0	Director	$0	$0	$0
HELEN ROSENBERG	BOARD MEMBER	1.0	Director	$0	$0	$0
JENNIFER JACOBS GUZMAN	CHAIR	1.0	Officer 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	No data	No data	No data	No data
2019	$39,297	$1,854	$2,838,022	$37,443
2018	$35,030	$750	$2,800,534	$34,280

Mamaroneck Senior Citizens Apartment Housing Development Fund Corp Inc