BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION (EIN 141873450) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

DANIEL DEERING

Phone

5135640078

Tax Period

2023-08-01 to 2024-07-31

BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION, founded in 2003, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $8.6M in total revenue in fiscal year 2023. The organization ran a surplus of $1.8M, a strong 21% operating margin.

Mission

REDEVELOPMENT OF BLIGHTED URBAN AREAS BY DEVELOPMENT OF REAL PROPERTY PRIMARILY FOR STUDENT HOUSING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,890,311

Investment Income $23,604

Other Revenue $725,584

TOTAL REVENUE $8,639,499

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,768,474

Other Expenses $6,827,968

TOTAL EXPENSES $6,827,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,639,499	$8,712,081	0.0%
Expenses	$6,827,968	$7,108,299	0.0%
Net Income	$1,811,531	$1,603,782	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$161,007

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHIP KUSSMAUL	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL DEERING	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN DUBOIS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM ERBECK	SECRETARY	1.00	Officer Director	$0	$0	$0
MEGAN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
MATTHEW BOURGEOIS	DIRECTOR	10.00	Officer	$0	$3,000	$161,007

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
2024	$8,639,499	$6,827,968	$39,542,291	$1,811,531
2023	$8,712,081	$7,108,299	$41,282,612	$1,603,782
2022	$8,303,549	$7,387,627	$42,525,355	$915,922
2021	$7,948,144	$7,039,072	$43,753,173	$909,072
2020	$7,877,869	$6,854,121	$44,760,459	$1,023,748
2019	$7,766,804	$7,186,271	$46,155,205	$580,533
2018	$7,957,257	$7,338,231	$48,520,562	$619,026

BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION