WE STAY-NOS QUEDAMOS INC

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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

1993

Legal Domicile

Principal Officer

JESSICA CLEMENTE

Phone

7185852323

Tax Period

2023-01-01 to 2023-12-31

WE STAY-NOS QUEDAMOS INC, founded in 1993, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 8% surplus.

Mission

We-Stay Nos Quedamos Inc. (WSNQ) is a coalition of residents and business persons who have remained part of the Melrose Commons community and become equal partners with the City of New York in the areas redevelopment. WSNQ's intention is to guide the process of change, progress, and implementation of the housing and urban development goals we defined in the Melrose Commons Urban Renewal Plan. WSNQ views the urban renewal process as not only encompassing physical regeneration, but also addressing socio-economic and environmental conditions in the area. WSNQ's goal is to develop an economically productive, sustainable, and healthy community. This vision is one that respects, supports and involves the existing community in the formulation of plans and policies that address the issues of housing, open space, community renewal and its sustainability. This is vital for the continued growth of Melrose Commons, the Bronx and its role in the regional economy which fosters cohesion, growth, and

Program Service Accomplishments

Program 1

Expenses: $637,939 Revenue: $425,527

Community Development and Social Services - PROVIDE EDUCATION OF FINANCIAL ISSUES to COMMUNITY MEMBERS. SUPPORTs THE EXISTING COMMUNITY THROUGH THE TRAINING OF YOUNG PEOPLE TO BECOME PRODUCTIVE...

Community Development and Social Services - PROVIDE EDUCATION OF FINANCIAL ISSUES to COMMUNITY MEMBERS. SUPPORTs THE EXISTING COMMUNITY THROUGH THE TRAINING OF YOUNG PEOPLE TO BECOME PRODUCTIVE ARTISANS AND CITIZENS. The organization also provides, RECREATIONAL AND COMMERCIAL OPPORTUNITIES THAT ARE CURRENTLY NOT AVAILABLE AND TO REINFORCE THOSE opportunities THAT CURRENTLY EXIST THAT ARE DESIRABLE to the community.

Program 2

Expenses: $400,568

Affordable Housing Development - FOSTER COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING, INCLUDING OWNERSHIP, CONSTRUCTION, REHABILITATION, LEASING, MANAGEMENT, EQUIPPING, MAINTENANCE, DEVELOPMENT AND...

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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 $1,016,599

Program Service Revenue $425,527

Investment Income $10,351

Other Revenue $178,162

TOTAL REVENUE $1,630,639

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $893,706

Fundraising Expenses $185,876

Program Expenses $1,038,507

Other Expenses $587,377

TOTAL EXPENSES $1,496,083

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,630,639	$1,203,216	+0.4%
Expenses	$1,496,083	$1,606,014	-0.1%
Net Income	$134,556	$-402,798	-1.3%

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

$326,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA CLEMENTE	CEO/President	40.00	Officer	$119,081	$50,639	$169,720
Norma Segura	CFO	40.00	Officer	$106,444	$50,639	$157,083
WANDA SALAMAN	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
Javier Lopez	Director	2.00	Director	$0	$0	$0
ALEXANDER CRUZ	Treasurer	2.00	Officer Director	$0	$0	$0
Lydia Sierra	Director	2.00	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
2024	No data	No data	No data	No data
2023	$1,630,639	$1,496,083	$6,889,395	$134,556
2022	$1,203,216	$1,606,014	$6,868,128	$-402,798
2021	$1,285,058	$830,443	$6,724,238	$454,615
2021	$1,285,058	$830,443	$6,724,238	$454,615
2020	$3,539,498	$802,945	$6,155,996	$2,736,553
2019	$582,221	$693,999	$3,378,608	$-111,778
2018	$335,613	$795,692	$3,450,294	$-460,079