215 OLD NYACK TURNPIKE HOLDING CORP

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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

Principal Officer

STEPHEN REICH

Phone

8454255073

Tax Period

2024-07-01 to 2025-06-30

215 OLD NYACK TURNPIKE HOLDING CORP, founded in 1991, is a small nonprofit that reported $128K in total revenue in fiscal year 2024. Net assets of $384K represent 36 months of operating reserves.

Mission

TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR LABORERS' LOCAL 754.

Program Service Accomplishments

Program 1

TO HOLD TITLE TO AND OPERATE REAL PROPERTY FOR LABORERS' LOCAL 754.

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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 $0

Program Service Revenue $98,669

Investment Income $0

Other Revenue $29,117

TOTAL REVENUE $127,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $128,962

TOTAL EXPENSES $128,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$127,786	$126,537	+0.0%
Expenses	$128,962	$131,487	0.0%
Net Income	$-1,176	$-4,950	-0.8%

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

N/A

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

$354,291

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN REICH	BUSINESS MANAGER/SECRETARY TREASURER	3.00	Officer	$0	$123,211	$354,291
BRADLEY ASHFORD	EXECUTIVE BOARD MEMBER	1.00	Officer	$0	$0	$0
BRIAN BARBERA JR	EXECUTIVE BOARD MEMBER	1.00	Officer	$0	$0	$0
ROBERT BONOMOLO JR	PRESIDENT	1.00	Officer	$0	$0	$0
LORENZO HENDERSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
KEVIN WAGNER	RECORDING SECRETARY	1.00	Officer	$0	$0	$0
BRENDAN SHELDON	EXECUTIVE BOARD MEMBER	1.00	Officer	$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	$127,786	$128,962	$781,833	$-1,176
2024	$126,537	$131,487	$821,502	$-4,950
2023	$132,951	$128,057	$863,437	$4,894
2022	$132,404	$113,722	$894,080	$18,682
2022	$132,404	$113,722	$894,080	$18,682
2021	$15,871	No data	$909,545	No data
2020	$21,162	No data	$926,484	No data
2019	$9,071	No data	$936,846	No data