737 COMSTOCK AVENUE INC

EIN: 150624585 Recreation & Sports

ITHACA, NY

Total Revenue
$385,331
Total Expenses
$252,032
Total Assets
$1,185,887
Net Assets
$1,139,084
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NY
Principal Officer
HENRY C SUOMINEN JR
Phone
6072725550
Tax Period
2023-07-01 to 2024-06-30

737 COMSTOCK AVENUE INC, founded in 1965, is a small nonprofit in the Recreation & Sports sector that reported $385K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $133K, a strong 35% operating margin.

Mission

OWNER AND PROPERTY MANAGER OF A LODGING HOUSE TO PROVIDE HOUSING FOR A MEN'S FRATERNITY ASSOCIATION AT SYRACUSE UNIVERSITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $385,226
Investment Income $105
Other Revenue $0
TOTAL REVENUE $385,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $252,032
TOTAL EXPENSES $252,032

Year-over-Year Comparison

2023 2022 Change
Revenue $385,331 $329,044 +0.2%
Expenses $252,032 $256,119 0.0%
Net Income $133,299 $72,925 +0.8%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENRY C SUOMINEN JR PRESIDENT/TREASURER 10.00
Officer Director
$0 $0 $0
PHIL OLDHAM VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
WILLIAM GERBIG SECRETARY 0.25
Officer Director
$0 $0 $0
JOHN BERSANI DIRECTOR 0.25
Director
$0 $0 $0
JOE D'ERAMO DIRECTOR 0.25
Director
$0 $0 $0
HUNTER VISCARELLO DIRECTOR 0.25
Director
$0 $0 $0
WILLIAM BEACH DIRECTOR 0.25
Director
$0 $0 $0
STEVEN OLIVA DIRECTOR 0.25
Director
$0 $0 $0
BRAD SHORT DIRECTOR 0.25
Director
$0 $0 $0
CHRIS DOWD DIRECTOR 0.25
Director
$0 $0 $0
CONNOR WILSON DIRECTOR 0.25
Director
$0 $0 $0
DANTE SESTI DIRECTOR 0.25
Director
$0 $0 $0
PAUL ARTRUC DIRECTOR 0.25
Director
$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 No data No data No data No data
2024 $385,331 $252,032 $1,185,887 $133,299
2023 $329,044 $256,119 $1,080,359 $72,925
2022 $22,493 $128,416 $985,477 $-105,923
2021 $291,985 $261,393 $1,132,736 $30,592
2020 $297,607 $231,311 $1,091,144 $66,296
2019 $279,500 $235,034 $1,031,860 $44,466
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare 737 COMSTOCK AVENUE INC with other nonprofits in New York and across the country.