SANTA MARIA TOWERS HOUSING DEVELOP… - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

ALBERT GRESS

Phone

7168471635

Tax Period

2025-01-01 to 2025-12-31

SANTA MARIA TOWERS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1982, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025.

Mission

TO PROVIDE LOW INCOME HOUSING.

Program Service Accomplishments

Program 1

Expenses: $979,259 Revenue: $1,218,918

TO PROVIDE ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.

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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 $1,218,918

Investment Income $1,647

Other Revenue $5,333

TOTAL REVENUE $1,225,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $421,173

Fundraising Expenses $0

Program Expenses $979,259

Other Expenses $886,747

TOTAL EXPENSES $1,307,920

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,225,898	$1,218,818	+0.0%
Expenses	$1,307,920	$1,164,688	+0.1%
Net Income	$-82,022	$54,130	-2.5%

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 KARALUS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MELISSA POTZLER	SECRETARY	0.50	Officer Director	$0	$0	$0
ALBERT GRESS	TREASURER	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	$1,225,898	$1,307,920	$2,918,757	$-82,022
2024	$1,218,818	$1,164,688	$3,133,780	$54,130
2023	$1,155,768	$1,133,265	$3,197,130	$22,503
2022	$1,096,560	$1,136,403	$3,294,938	$-39,843
2021	$1,069,342	$1,099,636	$3,455,486	$-30,294
2020	$1,021,347	$1,100,486	$3,587,705	$-79,139
2019	$1,014,478	$1,153,194	$3,786,611	$-138,716
2018	$1,020,375	$1,148,167	$4,038,883	$-127,792

SANTA MARIA TOWERS HOUSING DEVELOPMENT FUND COMPANY INC