MCGRAW HOUSING CO INC

EIN: 160976528 501(c)(3) Housing & Shelter

ITHACA, NY

Total Revenue
$1,056,065
Total Expenses
$1,183,858
Total Assets
$5,161,887
Net Assets
$-823,259
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
MARK SPADOLINI
Phone
6072727054
Tax Period
2024-04-01 to 2025-03-31

MCGRAW HOUSING CO INC, founded in 1970, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF MCGRAW HOUSE IS TO PROVIDE A SECURE SENIOR LIVING ENVIRONMENT WHICH:* SUPPORTS AND ENCOURAGES INDEPENDENCE* PROVIDES PRIVACY* ALLOWS INDIVIDUALITY* WELCOMES DIVERSITY* FOSTERS A SENSE OF COMMUNITY* ENHANCES THE QUALITY OF LIFE

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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 (2024)

Revenue Breakdown

Contributions & Grants $52,040
Program Service Revenue $1,003,545
Investment Income $480
Other Revenue $0
TOTAL REVENUE $1,056,065

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $569,877
Fundraising Expenses $0
Program Expenses $967,474
Other Expenses $612,981
TOTAL EXPENSES $1,183,858

Year-over-Year Comparison

2024 2023 Change
Revenue $1,056,065 $984,055 +0.1%
Expenses $1,183,858 $1,187,917 0.0%
Net Income $-127,793 $-203,862 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
19
Volunteers
25

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
$94,566
Total Directors
18
$94,566
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN MITCHELL MEMBER 1.00
Director
$0 $0 $0
BECKY KIRBY MEMBER 1.00
Director
$0 $0 $0
CHRISTINE BREWER SECRETARY 1.00
Officer Director
$0 $0 $0
DIANNE PRUDENCE MEMBER 1.00
Director
$0 $0 $0
FRAN WITHIAM MEMBER 1.00
Director
$0 $0 $0
JAMI BREEDLOVE MEMBER 1.00
Director
$0 $0 $0
JAN LYNCH - THRU 012025 SECRETARY 1.00
Officer Director
$0 $0 $0
JASON SIDLE MEMBER 1.00
Director
$0 $0 $0
LEONARDO VARGAS-MENDEZ - THRU 01202 MEMBER 1.00
Director
$0 $0 $0
LIZA BURGER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK SPADOLINI PRESIDENT 1.00
Officer Director
$0 $0 $0
MELODY SUSCO MEMBER 1.00
Director
$0 $0 $0
NANCY CULLIGAN MEMBER 1.00
Director
$0 $0 $0
STEVEN BACON TREASURER 1.00
Officer Director
$0 $0 $0
VIKI MCDONALD EXECUTIVE DIRECTOR 40.00
Officer Director
$87,264 $7,302 $94,566
WENDY COLE MEMBER 1.00
Director
$0 $0 $0
JUSTINE LEWIS MEMBER 1.00
Director
$0 $0 $0
ZEYU LIU MEMBER 1.00
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 $1,056,065 $1,183,858 $5,161,887 $-127,793
2024 $984,055 $1,187,917 $5,313,899 $-203,862
2023 $934,336 $1,090,854 $5,497,674 $-156,518
2022 $906,802 $1,058,600 $5,622,187 $-151,798
2021 $894,790 $933,478 $5,757,746 $-38,688
2020 $924,601 $1,096,833 $5,815,578 $-172,232
2019 $940,763 $1,147,043 $6,006,691 $-206,280
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