334-336 BERGEN STREET HOUSING DEVELOPMENT FUND CORPORATION (EIN 133460251) - 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

1988

Legal Domicile

Principal Officer

DAMYN KELLY

Phone

2128701132

Tax Period

2024-07-01 to 2025-06-30

334-336 BERGEN STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 4% surplus.

Mission

OPERATE AND LEASE LOW-INCOME, SUPPORTIVE HOUSING FOR MENTALLY ILL AND CHRONICALLY HOMELESS PERSONS.

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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 $1,197,859

Program Service Revenue $525,010

Investment Income $0

Other Revenue $32,417

TOTAL REVENUE $1,755,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $836,071

Fundraising Expenses $0

Program Expenses $1,363,882

Other Expenses $840,946

TOTAL EXPENSES $1,677,017

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,755,286	$1,836,849	0.0%
Expenses	$1,677,017	$1,590,753	+0.1%
Net Income	$78,269	$246,096	-0.7%

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

$868,173

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRISON OELLRICH	CHAIR	0.10	Officer Director	$0	$0	$0
RACHEL COHEN	VICE CHAIR	0.10	Officer Director	$0	$0	$0
ROBIN ROBIN	SECRETARY THRU DEC. 2024	0.10	Officer Director	$0	$0	$0
STEVEN JONES	TREASURER	0.10	Officer Director	$0	$0	$0
ANDIS AKERFELDS	BOARD DIRECTOR	0.10	Director	$0	$0	$0
LAURA BAUER	BOARD DIRECTOR	0.10	Director	$0	$0	$0
LAVONNE BOST-BARKSDALE	BOARD DIRECTOR THRU DEC. 2024	0.10	Director	$0	$0	$0
DARYL GOODWIN	BOARD DIRECTOR	0.10	Director	$0	$0	$0
LOIS JENKINS	BOARD DIRECTOR	0.10	Director	$0	$0	$0
MARVA JENKINS	BOARD DIRECTOR THRU DEC. 2024	0.10	Director	$0	$0	$0
BARBARA JOHNSON	BOARD DIRECTOR	0.10	Director	$0	$0	$0
REBECCA JOHNSON	BOARD DIRECTOR	0.10	Director	$0	$0	$0
HARRY PACKMAN	BOARD DIRECTOR	0.10	Director	$0	$0	$0
GEORGES RAMALANJAONA	BOARD DIRECTOR	0.10	Director	$0	$0	$0
DIANA RIVKIN	BOARD DIRECTOR THRU DEC. 2024	0.10	Director	$0	$0	$0
PAUL SAUERACKER	BOARD DIRECTOR	0.10	Director	$0	$0	$0
JENNIFER SMITH	BOARD DIRECTOR	0.10	Director	$0	$0	$0
RON TOMPKINS	BOARD DIRECTOR	0.10	Director	$0	$0	$0
AISHA TORRENCE	BOARD DIRECTOR	0.10	Director	$0	$0	$0
DARREL UPSON	BOARD DIRECTOR	0.10	Director	$0	$0	$0
SAMANTHA WILLIAMS	BOARD DIRECTOR	0.10	Director	$0	$0	$0
DAMYN KELLY	PRESIDENT & CEO	5.00	Officer	$0	$25,239	$326,395
KARON NORMAN	CPO	5.00	Officer	$0	$43,225	$262,358
RINKU BHATTACHARYA	CFO THRU JULY 2024	5.00	Officer	$0	$20,404	$149,670
CHARLES VENTO	CFO THRU FEB. 2025	5.00	Officer	$0	$0	$129,750

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	$1,755,286	$1,677,017	$1,878,170	$78,269
2024	No data	No data	No data	No data
2023	$1,744,409	$2,244,787	$1,518,496	$-500,378
2022	$1,441,120	$1,374,454	$1,172,574	$66,666
2021	$1,281,550	$1,902,238	$1,450,193	$-620,688
2020	$1,406,357	$1,412,705	$1,919,591	$-6,348
2019	$1,295,391	$1,257,848	$1,728,241	$37,543
2018	$1,260,703	$1,152,887	$1,715,633	$107,816

334-336 BERGEN STREET HOUSING DEVELOPMENT FUND CORPORATION