ARBOR HOUSING AND DEVELOPMENT

EIN: 161166737 501(c)(3) Mental Health

CORNING, NY

Total Revenue
$16,879,893
Total Expenses
$14,865,409
Total Assets
$16,202,836
Net Assets
$11,171,316
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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
1970
Legal Domicile
NY
Principal Officer
KEVIN KONOPSKI
Phone
6076547487
Tax Period
2024-01-01 to 2024-12-31

ARBOR HOUSING AND DEVELOPMENT, founded in 1970, is a mid-sized nonprofit in the Mental Health sector that reported $16.9M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $14.9M left a modest 12% surplus.

Mission

"BUILDING INDEPENDENCE. CREATING HOUSING OPTIONS." FOR OVER 50 YEARS THIS ORGANIZATION HAS SUCCESSFULLY PARTNERED WITH COMMUNITY MEMBERS AND FEDERAL AGENCIES EMPOWERING PEOPLE TO LIVE SAFELY AND INDEPENDENTLY IN WELCOMING, INCLUSIVE, THRIVING COMMUNITIES. ARBOR HOUSING AND DEVELOPMENT OFFERS RESIDENTIAL BEHAVIORAL HEALTH AND DOMESTIC VIOLENCE VICTIM SUPPORT SERVICES THAT HELP PEOPLE OVERCOME CHALLENEGES AND GO ON TO LIVE SAFELY ON THEIR OWN. ARBOR HOUSING AND DEVELOPMENT CONTINUES TO DEVELOP, REHABILITATE, AND MANAGE QUALITY, AFFORDABLE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,609,849
Program Service Revenue $8,138,257
Investment Income $130,480
Other Revenue $1,001,307
TOTAL REVENUE $16,879,893

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,094,524
Fundraising Expenses $0
Program Expenses $13,102,087
Other Expenses $7,770,885
TOTAL EXPENSES $14,865,409

Year-over-Year Comparison

2024 2023 Change
Revenue $16,879,893 $13,538,091 +0.2%
Expenses $14,865,409 $13,312,462 +0.1%
Net Income $2,014,484 $225,629 +7.9%
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

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Governance

Voting Members
14
Independent Members
14
Employees
166
Volunteers
30

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
7
$429,487
Total Directors
17
$429,487
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN PIPER CFO 39.00
Officer Director
$107,119 $22,848 $129,967
SUSAN BULL CEO 39.00
Officer Director
$170,372 $8,518 $178,890
MARY COSTELLO CHIEF HR OFFICER 39.00
Officer Director
$99,684 $20,946 $120,630
KEVIN KONOPSKI BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MARTIN CASTELLANA BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARCHE BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA NICHOLS BOARD TREASURER 1.00
Officer Director
$0 $0 $0
SALLY SISSY MADIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN BARNSTEAD BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT RYAN BOARD MEMBER 1.00
Director
$0 $0 $0
LISA BAKER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
GLENN PARSONS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA MOYER BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
JOSH ABEL BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE BRAUTIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
NIKKI DYE BOARD 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
2024 $16,879,893 $14,865,409 $16,202,836 $2,014,484
2023 $13,538,091 $13,312,462 $13,166,508 $225,629
2022 $13,272,016 $12,995,882 $12,961,618 $276,134
2021 $15,284,389 $12,365,784 $13,242,784 $2,918,605
2020 $12,232,123 $11,802,397 $11,957,415 $429,726
2019 $12,451,703 $12,209,577 $11,125,035 $242,126
2018 $10,955,162 $11,470,375 $12,903,282 $-515,213
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