ST THEODORE'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 161142463 501(c)(3)

ROCHESTER, NY

Total Revenue
$1,197,614
Total Expenses
$886,362
Total Assets
$2,793,144
Net Assets
$2,180,685
🔒

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
1979
Legal Domicile
NY
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.

Program Service Accomplishments

Program 1
Expenses: $772,467 Revenue: $1,205,652

THE COMPANY PROVIDES LOW COST RENTAL HOUSING TO THE ELDERLY AND HANDICAPPED. STATISTICAL INFORMATION IS AVAILABLE AT THE BUSINESS OFFICE.

🔒

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 (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
🔒

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
8
Independent Members
8
Employees
N/A
Volunteers
9

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
9
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ST THEODORE'S APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.