HOUSING WORKS INC (EIN 133584089) - Form 990 Financial Analysis & Trantor Score

🔒

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

1990

Legal Domicile

Principal Officer

CHARLES KING

Phone

3474737400

Tax Period

2024-07-01 to 2025-06-30

HOUSING WORKS INC, founded in 1990, is a mid-sized nonprofit in the Community Improvement sector that reported $63.8M in total revenue in fiscal year 2024.

Mission

PROVIDES ASSISTANCE & EXPERTISE TO HOMELESS PERSONS LIVING WITH AIDS OR HIV-RELATED ILLNESSES.

🔒

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 $50,964,098

Program Service Revenue $12,812,979

Investment Income $21,446

Other Revenue $43,183

TOTAL REVENUE $63,841,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,127,623

Fundraising Expenses $1,291,816

Program Expenses $63,051,565

Other Expenses $30,346,898

TOTAL EXPENSES $63,474,521

Year-over-Year Comparison

	2024	2023	Change
Revenue	$63,841,706	$63,786,117	+0.0%
Expenses	$63,474,521	$65,848,641	0.0%
Net Income	$367,185	$-2,062,524	-1.2%

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

807

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

$841,429

Total Directors

$142,982

Key Employees

$297,716

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA MCCRINK	VOLUNTEER REP	1.00	Director	$0	$0	$0
ANTONICA JAMES	STAFF REP	1.00	Director	$47,518	$13,759	$61,277
CAROLE SCHWARZ	OUTGOING VOLUNTEER REP	1.00	Director	$0	$0	$0
CHARLES WATERS	CLIENT REP	1.00	Director	$0	$0	$0
CHERYL PLAMBECK	BOARD MEMBER	1.00	Director	$0	$0	$0
COLLEEN SIMMONS-BARNSWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID COHEN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
DINICK MARTINEZ	CLIENT REP	1.00	Director	$0	$0	$0
DOLORES CULLUM	OUTGOING CLIENT REP	1.00	Director	$0	$0	$0
DVORA HAREL	VOLUNTEER REP	1.00	Director	$0	$0	$0
EARL WARD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ERIC BARTLEY	CLIENT REP	1.00	Director	$0	$0	$0
FRANK QUINTERO	BOARD MEMBER	1.00	Director	$0	$0	$0
GERRY BROWN	CLIENT REP	1.00	Director	$0	$0	$0
ISABEL WISE	CLIENT REP	1.00	Director	$0	$0	$0
JENNIFER LACKS KAPLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JORGE VAZQUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
KAITLIN ABRAMS	OUTGOING STAFF REP	1.00	Director	$64,964	$16,741	$81,705
KATHLEEN MCGIVENY	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA MORALES	CLIENT REP	1.00	Director	$0	$0	$0
MARION CONDE	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW BANEY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL S GORDON	OUTGOING BOARD MEMBER	1.00	Director	$0	$0	$0
MORGAN MULFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
NEIL PIRIE	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD C BILETTA	TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD G DUDLEY JR MD	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD KAPLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SEAN MAHER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES KING	EX-OFFICIO MEMBER & CEO	22.00	Officer	$537,481	$29,412	$566,893
IAN HANLEY	CFO (FROM 01/25)	21.00	Officer	$0	$0	$0
JOLANTA ILCZUK	CFO (THROUGH 07/24)	1.00	Officer	$0	$5,306	$274,536
ANDREW COAMEY	SVP HOUSING DVLPMT FACILIT	29.00	Key Emp	$256,499	$41,217	$297,716
ANDREW GREENE	CHIEF OPERATING OFFICER OF	37.00	Highest	$316,073	$43,493	$359,566
CHERYL GRIMM	VP THRIFT SHOPS	40.00	Highest	$174,712	$21,384	$196,096
ERICA HUDSON	VP OF OPERATIONS AND COMPL	40.00	Highest	$170,005	$54,512	$224,517
MARIUSZ GOLIANEK	INTERIM CFO (FROM 8/24-THRU 12/24)	21.00	Highest	$226,087	$24,409	$250,496
MICHAEL CLARKE	SVP PROGRAMS	39.00	Highest	$278,293	$22,950	$301,243

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	$63,841,706	$63,474,521	$54,662,636	$367,185
2024	$63,786,117	$65,848,641	$38,289,572	$-2,062,524
2023	$51,762,615	$56,567,888	$37,442,952	$-4,805,273
2022	$44,767,060	$45,176,349	$32,094,721	$-409,289
2021	$31,989,444	$34,532,880	$30,231,683	$-2,543,436
2020	$30,743,029	$30,973,911	$27,204,404	$-230,882
2020	$31,123,990	$31,354,871	$27,204,404	$-230,881
2019	$28,613,805	$30,642,824	$25,088,698	$-2,029,019
2018	$26,446,418	$28,318,397	$25,744,137	$-1,871,979

HOUSING WORKS INC