INTERFAITH COUNCIL FOR AFFORDABLE RESIDENCE CO HOUSING ACTION COUNCIL

EIN: 133612162 501(c)(3)

TARRYTOWN, NY

Total Revenue
$102,273
Total Expenses
$104,851
Total Assets
N/A
Net Assets
N/A
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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
1991
Legal Domicile
NY
Principal Officer
CAROLINE SILVERSTONE
Phone
9143324144
Tax Period
2019-01-01 to 2019-12-31

INTERFAITH COUNCIL FOR AFFORDABLE RESIDENCE CO HOUSING ACTION COUNCIL, founded in 1991, is a small nonprofit that reported $102K in total revenue in fiscal year 2019.

Mission

tO ACQUIRE, IMPROVE AND OPERATE AFFORDABLE 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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $400
Program Service Revenue $101,827
Investment Income $46
Other Revenue $0
TOTAL REVENUE $102,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $102,586
Other Expenses $104,851
TOTAL EXPENSES $104,851

Year-over-Year Comparison

2019 2018 Change
Revenue $102,273 $105,120 0.0%
Expenses $104,851 $132,018 -0.2%
Net Income $-2,578 $-26,898 -0.9%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLINE SILVERSTONE President 0.10
Officer Director
$0 $0 $0
BENITA MARKS Vice President 0.10
Officer Director
$0 $0 $0
JANET DEMASI Treasurer 0.10
Officer Director
$0 $0 $0
JUDY ROZNER Secretary 0.10
Officer Director
$0 $0 $0
BEVERLY BELL Director 0.10
Director
$0 $0 $0
DOLORES BATTALIA Director 0.10
Director
$0 $0 $0
PATRICIA DOYLE Director 0.10
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
2019 $102,273 $104,851 No data $-2,578
2018 $105,120 $132,018 $515,717 $-26,898
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