CHATHAM GARDENS HOUSING CORPORATION (EIN 160863402) - 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

1959

Legal Domicile

Principal Officer

TAMMY DUDLEY

Phone

5854672442

Tax Period

2024-04-01 to 2025-03-31

CHATHAM GARDENS HOUSING CORPORATION, founded in 1959, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE HOUSING FOR LOW TO MIDDLE INCOME FAMILIES

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,680,319

Investment Income $50,874

Other Revenue $12,365

TOTAL REVENUE $1,743,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $372,518

Fundraising Expenses $0

Program Expenses $1,814,123

Other Expenses $1,669,316

TOTAL EXPENSES $2,041,834

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,743,558	$1,744,589	0.0%
Expenses	$2,041,834	$1,845,960	+0.1%
Net Income	$-298,276	$-101,371	+1.9%

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

$315,344

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS M D'AMATO ESQ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD MUELLER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
THEODORA FINN	DIRECTOR	1.00	Director	$0	$0	$0
DR CANDICE A LUCAS	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET M BRINGEWATT	DIRECTOR	1.00	Director	$0	$0	$0
KELLEY ROSS BROWN ESQ	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL R PLUTA	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT PROCIOUS	PRESIDENT	4.00	Officer	$0	$7,678	$211,871
TAMARA DUDLEY	TREASURER	4.00	Officer	$0	$811	$103,473
JENNIFER FORDHAM	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	$1,743,558	$2,041,834	$6,905,046	$-298,276
2024	$1,744,589	$1,845,960	$7,182,759	$-101,371
2023	$1,700,737	$1,810,170	$7,359,922	$-109,433
2022	$1,682,765	$1,704,313	$7,745,281	$-21,548
2021	$1,671,501	$1,643,408	$7,790,639	$28,093

CHATHAM GARDENS HOUSING CORPORATION