HOME LIFE SERVICES INC

EIN: 133899699 501(c)(3) Housing & Shelter

BROOKLYN, NY

Total Revenue
$98,315,274
Total Expenses
$98,512,078
Total Assets
$103,865,854
Net Assets
$797,380
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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
1995
Legal Domicile
NY
Principal Officer
DEBBIE IANAZZI
Phone
7186458900
Tax Period
2022-07-01 to 2023-06-30

HOME LIFE SERVICES INC, founded in 1995, is a mid-sized nonprofit in the Housing & Shelter sector that reported $98.3M in total revenue in fiscal year 2022.

Mission

TO PROVIDE HOUSING AND SUPPORT SERVICES FOR HOMELESS FAMILIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $97,890,220
Investment Income $99,068
Other Revenue $325,986
TOTAL REVENUE $98,315,274

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,421,771
Fundraising Expenses $0
Program Expenses $91,463,418
Other Expenses $65,090,307
TOTAL EXPENSES $98,512,078

Year-over-Year Comparison

2022 2021 Change
Revenue $98,315,274 N/A N/A
Expenses $98,512,078 N/A N/A
Net Income $-196,804 N/A N/A
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
5
Independent Members
5
Employees
508
Volunteers
445

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
$2,112,121
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN ALTER EXECUTIVE DIRECTOR 40.00
Officer
$799,615 $760 $800,375
GERALD SCHRECK EXECUTIVE DIRECTOR 40.00
Officer
$799,615 $1,677 $801,292
DEBBIE IANAZZI CFO 40.00
Officer
$337,500 $0 $337,500
HAROLD GOLDMAN CHAIRMAN 1.00
Director
$0 $0 $0
CHARLES FRIEDLANDER VICE PRESIDENT 1.00
Director
$0 $0 $0
MILTON PFEIFER TREASURER 1.00
Director
$0 $0 $0
SHARON GOLDRING SECRETARY 1.00
Director
$0 $0 $0
ESTER MACNER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL HAUSWIRTH EMPLOYEE 40.00
Highest
$163,782 $18,339 $182,121
ANDREW TRESCA EMPLOYEE 40.00
Highest
$207,692 $18,339 $226,031
RIQUELMA MORENO REG. VICE PRES. 40.00
Officer
$165,912 $7,042 $172,954
STEPHANIE PAILINO EMPLOYEE 40.00
Highest
$128,378 $18,299 $146,677
KRISTEN EGAN EMPLOYEE 40.00
Highest
$129,808 $26,040 $155,848
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 $98,315,274 $98,512,078 $103,865,854 $-196,804
2022 $72,680,146 $69,952,475 $16,552,221 $2,727,671
2021 $49,313,152 $52,195,431 $11,358,960 $-2,882,279
2020 $46,100,460 $44,550,534 $11,919,693 $1,549,926
2019 $40,306,109 $39,212,327 $8,691,557 $1,093,782
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