414-418 East 119th Street Greenhop… - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

ELIEZER RODRIGUEZ

Phone

2129968633

Tax Period

2023-07-01 to 2024-06-30

414-418 East 119th Street Greenhope Housing Development Fund Corporation, founded in 1986, is a micro nonprofit that reported $7K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $328K exceeded revenue, resulting in a 4443% operating deficit.

Mission

THE COPORATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, CONSTRUCTING, REHABILIATING, LEASING MANAGING, MAINTANING, DEVELOPING AND OPERATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME, WHEREBY PROVIDING TEMPORARY HOUSING FACILITIES FOR PERSONS IN NEED OF SUCH ACCOMODATIONS.

Program Service Accomplishments

Program 1

Expenses: $322,772 Revenue: $7,211

The homeless housing and service program is to offer homeless women and children an opportunity to live in a peaceful and dignified home while acquiring effective vocational training, psychological and social supportive services assist women to become productive and viable members of society.

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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 $6,711

Investment Income $0

Other Revenue $500

TOTAL REVENUE $7,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $322,772

Other Expenses $327,580

TOTAL EXPENSES $327,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,211	$5,796	+0.2%
Expenses	$327,580	$554,836	-0.4%
Net Income	$-320,369	$-549,040	-0.4%

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

$2,960,184

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
raul russi	PRESIDENT	0.0	Officer	$0	$70,634	$980,006
lymaris albors	CEO ACACIA NETWORK	0.0	Officer	$0	$39,079	$842,965
JOSE A RODRIGUEZ	CLO ACACIA NETWORK	0.0	Officer	$0	$37,084	$639,637
VICKY GATELL	CFO ACACIA NETWORK	0.0	Officer	$0	$42,707	$497,576
Eliezer Rodriguez Esq	Chair	2.0	Officer Director	$0	$0	$0
Marybeth HotalingEsq	Treasurer	2.0	Officer Director	$0	$0	$0
carmen S melero	Vice Chair	2.0	Officer Director	$0	$0	$0
Arnie segarra	member	2.0	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
2025	No data	No data	No data	No data
2024	$7,211	$327,580	$1,961,411	$-320,369
2023	$5,796	$554,836	$1,813,181	$-549,040
2022	$6,579	$402,789	$2,020,817	$-396,210
2021	$9,961	$546,292	$2,036,606	$-536,331
2020	$77,728	$369,381	$1,960,222	$-291,653
2019	$148,736	$491,836	$2,083,741	$-343,100
2018	$222,745	$576,765	$2,093,882	$-354,020

414-418 East 119th Street Greenhope Housing Development Fund Corporation