UNITED ODD FELLOW HOUSING DEVELOPMENT FUND COMPANY (EIN 133214760) - 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

1965

Legal Domicile

Principal Officer

MICHAEL FELBERG

Phone

7188636200

Tax Period

2023-01-01 to 2023-12-31

UNITED ODD FELLOW HOUSING DEVELOPMENT FUND COMPANY, founded in 1965, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.5M exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROVIDE LOW INCOME SENIOR HOUSING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,097,152

Investment Income $5,803

Other Revenue $52,929

TOTAL REVENUE $1,155,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $358,235

Fundraising Expenses $0

Program Expenses $1,169,591

Other Expenses $1,179,310

TOTAL EXPENSES $1,537,545

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,155,884	$1,190,595	0.0%
Expenses	$1,537,545	$1,574,446	0.0%
Net Income	$-381,661	$-383,851	0.0%

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

$1,023,078

Total Directors

$160,401

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REED ELSON	BOARD MEMBER	1.00	Director	$0	$22,007	$100,401
D JOSEPH BRADLEY JR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY O'CONNELL	SECRETARY	1.00	Officer Director	$0	$0	$0
ALAN KOREFF	BOARD MEMBER	1.00	Director	$0	$0	$0
CONNIE CAPALD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTIN ELSON	PRESIDENT	1.00	Officer Director	$3,500	$0	$60,000
GARY ROTHMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH GELB	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$63,335	$593,170
MICHAEL FELBERG	DIRECTOR OF FINANCE	1.00	Officer	$21,543	$74,546	$369,908

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
2023	$1,155,884	$1,537,545	$12,758,730	$-381,661
2022	$1,190,595	$1,574,446	$13,623,123	$-383,851
2021	$1,041,538	$1,514,377	$13,691,297	$-472,839
2020	$1,056,241	$1,424,405	$13,806,063	$-368,164
2019	$1,081,005	$1,362,840	$14,395,579	$-281,835
2018	$792,145	$1,261,652	$14,556,473	$-469,507

UNITED ODD FELLOW HOUSING DEVELOPMENT FUND COMPANY