RIOS SENIOR RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION

EIN: 133738157 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,950,204
Total Expenses
$1,916,383
Total Assets
$6,021,974
Net Assets
$-4,185,656
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
NY
Principal Officer
WALTER M ROBERTS
Phone
2128608821
Tax Period
2022-07-01 to 2023-06-30

RIOS SENIOR RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION, founded in 1993, is a community nonprofit in the Health Care sector that reported $2.0M in total revenue in fiscal year 2022.

Mission

RENTAL HOUSING FOR ELIGIBLE ELDERLY LOW INCOME INDIVIDUALS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,945,143
Investment Income $1,565
Other Revenue $3,496
TOTAL REVENUE $1,950,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,735,802
Other Expenses $1,916,383
TOTAL EXPENSES $1,916,383

Year-over-Year Comparison

2022 2021 Change
Revenue $1,950,204 $1,953,880 0.0%
Expenses $1,916,383 $1,786,817 +0.1%
Net Income $33,821 $167,063 -0.8%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

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
$269,227
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD BECKSTORM VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
CLAYTON BANKS DIRECTOR 0.50
Director
$0 $0 $0
GEMMA THOMAS DIRECTOR 0.50
Director
$0 $0 $0
MADISON BEDARD DIRECTOR 0.50
Director
$0 $0 $0
MARISSA MACK DIRECTOR 0.50
Director
$0 $0 $0
MAX MARKHAM DIRECTOR 0.50
Director
$0 $0 $0
NIKKI MERKERSON DIRECTOR 0.50
Director
$0 $0 $0
PATRICK YOUNG SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
STACY CRAWFORD DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM OFENLOCH DIRECTOR 0.50
Director
$0 $0 $0
VARUN SANYAL DIRECTOR 0.50
Director
$0 $0 $0
LORENZO CESARE DIRECTOR OF FINANCE 1.00
Officer
$0 $0 $113,140
WALTER M ROBERTS PRESIDENT 1.00
Officer
$0 $6,897 $156,087
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,950,204 $1,916,383 $6,021,974 $33,821
2022 $1,953,880 $1,786,817 $5,661,713 $167,063
2021 $1,882,162 $1,659,261 $5,654,902 $222,901
2020 $1,790,392 $1,939,962 $5,425,383 $-149,570
2019 $1,540,693 $1,550,194 $5,436,687 $-9,501
2018 $1,335,089 $1,304,678 $5,441,307 $30,411
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RIOS SENIOR RESIDENCE HOUSING DEVELOPMENT FUND CORPORATION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.