TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161075435) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

ALBERT GRESS

Phone

7168471635

Tax Period

2025-01-01 to 2025-12-31

TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1976, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2025. Expenses of $1.1M left a modest 13% surplus.

Mission

TO PROVIDE LOW-INCOME HOUSING.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,294,869

Investment Income $4,022

Other Revenue $6,867

TOTAL REVENUE $1,305,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $355,229

Fundraising Expenses $0

Program Expenses $795,278

Other Expenses $776,725

TOTAL EXPENSES $1,131,954

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,305,758	$1,260,625	+0.0%
Expenses	$1,131,954	$1,137,207	0.0%
Net Income	$173,804	$123,418	+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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEACON STEVE SCHUMER	PRESIDENT	0.50	Officer Director	$0	$0	$0
REV PETER J KARALUS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
ALBERT GRESS	TREASURER	0.50	Officer Director	$0	$0	$0
MELISSA POTZLER	SECRETARY	0.50	Officer Director	$0	$0	$0
MOST REV MICHAEL W FISHER	DIRECTOR	0.50	Director	$0	$0	$0
SR MARY MCCARRICK OSF	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT GOODS	DIRECTOR	0.50	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	$1,305,758	$1,131,954	$3,375,440	$173,804
2024	$1,260,625	$1,137,207	$3,306,983	$123,418
2023	$1,216,430	$1,076,375	$3,271,077	$140,055
2022	$1,169,831	$1,146,874	$3,228,704	$22,957
2021	$1,135,761	$1,215,218	$3,293,242	$-79,457
2020	$1,157,011	$1,103,341	$3,382,231	$53,670
2019	$1,112,499	$1,154,316	$3,412,814	$-41,817
2018	$1,073,919	$1,278,916	$3,524,456	$-204,997

TIMON TOWERS HOUSING DEVELOPMENT FUND COMPANY INC