EAST GREENBUSH HOUSING DEVELOPMENT FUND COMPANY INC (EIN 141730707) - 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

1990

Legal Domicile

Principal Officer

RICHARD PROVOST

Phone

5184590183

Tax Period

2024-10-01 to 2025-09-30

EAST GREENBUSH HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $589K in total revenue in fiscal year 2024. Expenses of $542K left a modest 8% surplus.

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 $347,275

Program Service Revenue $235,578

Investment Income $3,230

Other Revenue $3,189

TOTAL REVENUE $589,272

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,377

Fundraising Expenses $0

Program Expenses $418,998

Other Expenses $452,450

TOTAL EXPENSES $541,827

Year-over-Year Comparison

	2024	2023	Change
Revenue	$589,272	$558,347	+0.1%
Expenses	$541,827	$538,447	+0.0%
Net Income	$47,445	$19,900	+1.4%

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
MARY OLSEN	MEMBER	1.00	Director	$0	$0	$0
PAUL LEO	MEMBER	1.00	Director	$0	$0	$0
RICHARD PROVOST	PRESIDENT	1.00	Officer	$0	$0	$0
NOEL OLSEN	VP	1.00	Officer	$0	$0	$0
MAUREEN TOOHEY	TREASURER	1.00	Officer	$0	$0	$0
LAETITIA RHATIGAN	SECRETARY	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	$589,272	$541,827	$1,336,267	$47,445
2024	$558,347	$538,447	$1,369,898	$19,900
2023	$532,719	$529,454	$1,472,748	$3,265
2022	$533,838	$525,239	$1,428,254	$8,599
2021	$529,062	$523,550	$1,439,557	$5,512
2020	$506,036	$535,386	$1,476,601	$-29,350
2019	$499,675	$540,282	$1,586,030	$-40,607
2018	$492,709	$517,605	$1,719,354	$-24,896

EAST GREENBUSH HOUSING DEVELOPMENT FUND COMPANY INC