SEPP HOUSING DEVELOPMENT FUND CORP (EIN 161241738) - 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

1987

Legal Domicile

Principal Officer

JOHN BERNARDO

Phone

6077238989

Tax Period

2024-07-01 to 2025-06-30

SEPP HOUSING DEVELOPMENT FUND CORP, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $714K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $172K, a strong 24% operating margin.

Mission

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 (2024)

Revenue Breakdown

Contributions & Grants $41,029

Program Service Revenue $669,861

Investment Income $362

Other Revenue $2,380

TOTAL REVENUE $713,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,496

Fundraising Expenses $0

Program Expenses $374,255

Other Expenses $405,612

TOTAL EXPENSES $542,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$713,632	$885,743	-0.2%
Expenses	$542,108	$518,594	+0.0%
Net Income	$171,524	$367,149	-0.5%

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

$186,845

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS AUGOSTINI	TREASURER	0.50	Officer Director	$0	$0	$0
CHRISTOPHER BARKER	MEMBER	0.50	Director	$0	$0	$0
LEN BASSO	MEMBER	0.50	Director	$0	$0	$0
SUSAN BROWN	MEMBER	0.50	Director	$0	$0	$0
ETHAN COOK	MEMBER	0.50	Director	$0	$0	$0
THOMAS DELLAPENNA	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
STACEY DUNCAN	MEMBER	0.50	Director	$0	$0	$0
BENJAMIN FEDERMAN	MEMBER	0.50	Director	$0	$0	$0
DAVID HARDER	MEMBER	0.50	Director	$0	$0	$0
RONALD HARTING	MEMBER	0.50	Director	$0	$0	$0
JIM HAYES	MEMBER	0.50	Director	$0	$0	$0
DAVID HUGHES	MEMBER	0.50	Director	$0	$0	$0
RONALD KEIBEL	MEMBER	0.50	Director	$0	$0	$0
LINDA MACDONALD	MEMBER	0.50	Director	$0	$0	$0
PETER MACIAK	MEMBER	0.50	Director	$0	$0	$0
JOHN MAURO	MEMBER	0.50	Director	$0	$0	$0
KEVIN MCLAUGHLIN	VICE CHAIR	0.50	Officer Director	$0	$0	$0
ALEX MCLAUGHLIN	MEMBER	0.50	Director	$0	$0	$0
DANIEL SCHOFIELD	SECRETARY	0.50	Officer Director	$0	$0	$0
JULIE SWEET	MEMBER	0.50	Director	$0	$0	$0
NAGELY VALERIO	MEMBER	0.50	Director	$0	$0	$0
JENNIFER YONKOSKI	MEMBER	0.50	Director	$0	$0	$0
JOHN BERNARDO	EXECUTIVE DIRECTOR	0.50	Officer	$0	$24,344	$186,845

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	$713,632	$542,108	$1,366,902	$171,524
2024	$885,743	$518,594	$1,239,303	$367,149
2023	$658,446	$440,619	$917,108	$217,827
2022	$457,018	$386,400	$729,649	$70,618
2021	$492,755	$393,444	$698,910	$99,311
2020	$433,403	$368,909	$637,016	$64,494
2019	$414,106	$388,731	$613,351	$25,375

SEPP HOUSING DEVELOPMENT FUND CORP