FORT HUDSON PROPERTY MANAGEMENT CORP

EIN: 141810104

FORT EDWARD, NY

Total Revenue
$-145,226
Total Expenses
$24,834
Total Assets
$123,183
Net Assets
$44,944
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
ANDREW CRUIKSHANK
Phone
5187472811
Tax Period
2020-01-01 to 2020-12-31

FORT HUDSON PROPERTY MANAGEMENT CORP, founded in 1999, is a micro nonprofit that reported $145K in total revenue in fiscal year 2020. Revenue fell 535% from the prior year — a significant decline worth monitoring.

Mission

TO HOLD TITLE TO PROPERTY, COLLECTING THE INCOME THEREFROM, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO FORT HUDSON HEALTH SYSTEM, INC., A 501(C)(3) ORGANIZATION. OPERATIONS WERE CEASED IN MARCH OF 2020 WHEN THE HILLMAN HOUSE WAS DEMOLISHED.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-145,226
Other Revenue $0
TOTAL REVENUE $-145,226

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,151
Other Expenses $24,834
TOTAL EXPENSES $24,834

Year-over-Year Comparison

2020 2019 Change
Revenue $-145,226 $33,380 -5.4%
Expenses $24,834 $46,851 -0.5%
Net Income $-170,060 $-13,471 +11.6%
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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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
6
$640,528
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEAN REALI PRESIDENT 0.40
Officer Director
$0 $0 $0
KEVIN HAYES VICE PRESIDENT 0.40
Officer Director
$0 $0 $0
GRETCHEN STEFFAN SECRETARY 0.40
Officer Director
$0 $0 $0
ROBERT MILES TREASURER 0.40
Officer Director
$0 $0 $0
SUZANNE BLOOD DIRECTOR 0.40
Director
$0 $0 $0
JOHN BRODT DIRECTOR 0.40
Director
$0 $0 $0
CARMEN DELLA BELLA DIRECTOR 0.40
Director
$0 $0 $0
JOAN GRISHKOT DIRECTOR 0.40
Director
$0 $0 $0
JASON MCCANN DIRECTOR 0.40
Director
$0 $0 $0
CHRIS NELSON DIRECTOR 0.40
Director
$0 $0 $0
J LAWRENCE PALTROWITZ DIRECTOR 0.40
Director
$0 $0 $0
TORI J RILEY DIRECTOR 0.40
Director
$0 $0 $0
SARAH WRIGHT DIRECTOR 0.40
Director
$0 $0 $0
PETER YOUNG DIRECTOR 0.40
Director
$0 $0 $0
ANDREW CRUIKSHANK CEO 0.40
Officer
$0 $62,012 $406,640
JOHN COBURN CFO 0.40
Officer
$0 $35,711 $233,888
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
2020 $-145,226 $24,834 $123,183 $-170,060
2019 $33,380 $46,851 $215,719 $-13,471
2018 $53,560 $40,375 $230,242 $13,185
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