ST THEODORE'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161142463) - 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

1979

Legal Domicile

Principal Officer

PASQUALE A DILUCIA

Phone

5854296840

Tax Period

2024-07-01 to 2025-06-30

ST THEODORE'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1979, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $311K, a strong 26% operating margin.

Mission

TO PROVIDE LOW RENTAL HOUSING TO THE AGED WITH LOW INCOME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,205,652

Investment Income $-8,038

Other Revenue $0

TOTAL REVENUE $1,197,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $296,317

Fundraising Expenses $0

Program Expenses $772,467

Other Expenses $590,045

TOTAL EXPENSES $886,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,197,614	$1,110,757	+0.1%
Expenses	$886,362	$875,924	+0.0%
Net Income	$311,252	$234,833	+0.3%

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

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
MICHELLE PALERMO	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS MANGONE	DIRECTOR - RESIGNED 4/25	1.00	Director	$0	$0	$0
DAN HOOCK	DIRECTOR	1.00	Director	$0	$0	$0
PASQUALE A DILUCIA	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT BIRNIE	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
DOUG FORD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES P VANBREDERODE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ELKINS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DIPONZIO	DIRECTOR	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	$1,197,614	$886,362	$2,793,144	$311,252
2024	$1,110,757	$875,924	$2,670,289	$234,833
2023	$1,031,237	$850,936	$2,640,944	$180,301
2022	$972,560	$739,294	$2,598,837	$233,266
2021	$987,407	$626,351	$1,670,401	$361,056
2020	$888,718	$679,228	$1,036,953	$209,490
2019	$855,338	$713,766	$1,107,185	$141,572

ST THEODORE'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC