ST VINCENT'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 141601651) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

RICHARD PROVOST

Phone

5184590183

Tax Period

2024-10-01 to 2025-09-30

ST VINCENT'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1978, is a small nonprofit that reported $782K in total revenue in fiscal year 2024. Net assets of $1.6M represent 25 months of operating reserves.

Mission

LOW-INCOME HOUSING FOR THE ELDERLY

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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 $581,961

Program Service Revenue $189,300

Investment Income $6,483

Other Revenue $4,280

TOTAL REVENUE $782,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,552

Fundraising Expenses $0

Program Expenses $518,116

Other Expenses $551,026

TOTAL EXPENSES $786,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$782,024	$751,314	+0.0%
Expenses	$786,578	$745,667	+0.1%
Net Income	$-4,554	$5,647	-1.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL LEO	MEMBER	1.00	Director	$0	$0	$0
MARY OLSEN	MEMBER	1.00	Director	$0	$0	$0
RICHARD PROVOST	PRESIDENT	1.00	Officer	$0	$0	$0
LAETITIA RHATIGAN	SECRETARY	1.00	Officer	$0	$0	$0
NOEL OLSEN	VP	1.00	Officer	$0	$0	$0
MAUREEN TOOHEY	TREASURER	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	$782,024	$786,578	$4,189,904	$-4,554
2024	$751,314	$745,667	$4,051,831	$5,647
2023	$722,386	$702,211	$4,060,770	$20,175
2022	$694,559	$776,786	$4,091,220	$-82,227
2021	$701,779	$628,201	$4,114,524	$73,578
2020	$688,782	$577,667	$3,999,872	$111,115
2019	$775,494	$613,202	$3,930,912	$162,292
2018	$688,140	$744,555	$1,693,923	$-56,415

ST VINCENT'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC