BETTER COMMUNITY NEIGHBORHOODS INC

EIN: 141504550 501(c)(3) Housing & Shelter

SCHENECTADY, NY

Total Revenue
$2,396,695
Total Expenses
$2,629,174
Total Assets
$2,525,914
Net Assets
$518,491
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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
1966
Legal Domicile
NY
Principal Officer
SHAWN JAHN
Phone
5183727616
Tax Period
2024-07-01 to 2025-06-30

BETTER COMMUNITY NEIGHBORHOODS INC, founded in 1966, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2024.

Mission

THROUGH LOCAL KNOWLEDGE, EXPERTISE AND PARTNERSHIPS, DEVELOP AND DELIVER RESOURCES TO CREATE OPPORTUNITY FOR PRESENT AND FUTURE NEIGHBORHOOD RESIDENTS THROUGH QUALITY, AFFORDABLE HOUSING ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,106,497
Program Service Revenue $185,665
Investment Income $93,960
Other Revenue $10,573
TOTAL REVENUE $2,396,695

Expense Breakdown

Grants Paid $587,700
Salaries & Benefits $944,071
Fundraising Expenses $0
Program Expenses $2,245,599
Other Expenses $1,097,403
TOTAL EXPENSES $2,629,174

Year-over-Year Comparison

2024 2023 Change
Revenue $2,396,695 $2,397,469 0.0%
Expenses $2,629,174 $2,386,331 +0.1%
Net Income $-232,479 $11,138 -21.9%
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
15
Independent Members
14
Employees
14
Volunteers
15

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
8
$350,304
Total Directors
15
$86,442
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES KILBOURNE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL SKREBUTANUS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARY BETH LABATE TREASURER 1.00
Officer Director
$0 $0 $0
DEB GIROUX SECRETARY 1.00
Officer Director
$0 $0 $0
MARY D'ALESSANDRO-GILMORE BOARD MEMBER 1.00
Director
$0 $0 $0
JACLYN FALOTICO BOARD MEMBER 1.00
Director
$0 $0 $0
MARK LITTLE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BUHRMASTER BOARD MEMBER 1.00
Director
$0 $0 $0
TOM CAREY BOARD MEMBER 1.00
Director
$0 $0 $0
RAYMOND GILLEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HOWARD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL SACCOCIO BOARD MEMBER 1.00
Director
$0 $0 $0
CAMILLE SASINOWSKI BOARD MEMBER 1.00
Director
$0 $0 $0
DERYCK SINGH BOARD MEMBER 1.00
Director
$0 $0 $0
SHANE BARGY BOARD MEMBER (CEO 11/23-7/24) 40.00
Officer Director
$86,442 $0 $86,442
SHAWN JAHN CFO 40.00
Officer
$102,554 $23,327 $125,881
MATTHEW NELSON CEO (9/24 FORWARD) 40.00
Officer
$44,712 $37,884 $82,596
TRACY CONLEY COO 40.00
Officer
$55,385 $0 $55,385
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 $2,396,695 $2,629,174 $2,525,914 $-232,479
2024 $2,397,469 $2,386,331 $2,616,574 $11,138
2023 $3,338,045 $3,444,351 $2,975,610 $-106,306
2022 $2,394,843 $2,375,101 $1,812,736 $19,742
2021 $2,270,337 $2,432,262 $2,022,263 $-161,925
2019 $1,396,936 $1,474,891 $520,427 $-77,955
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