MILLTOWN HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161292063) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

KELLY LOWERY

Phone

3156423273

Tax Period

2025-01-01 to 2025-12-31

MILLTOWN HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1989, is a small nonprofit in the Housing & Shelter sector that reported $226K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year.

Mission

TO PROVIDE TWENTY FOUR (24) UNITS OF ONE-BEDROOM HOUSING FOR LOW INCOME ELDERLY AND DISABLED

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $225,463

Investment Income $28

Other Revenue $578

TOTAL REVENUE $226,069

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,734

Other Expenses $238,142

TOTAL EXPENSES $238,142

Year-over-Year Comparison

	2025	2024	Change
Revenue	$226,069	$242,339	-0.1%
Expenses	$238,142	$250,254	0.0%
Net Income	$-12,073	$-7,915	+0.5%

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

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
MARY BOUCHER	PRESIDENT	1.00	Officer Director	$0	$0	$0
BETHANY CHEEVER-SMITH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DIANE BARKER	DIRECTOR	1.00	Director	$0	$0	$0
THERESA FULTS	DIRECTOR	1.00	Director	$0	$0	$0
DUANE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
CATHY VOOS	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	$226,069	$238,142	$278,024	$-12,073
2024	$242,339	$250,254	$307,188	$-7,915
2023	$218,879	$218,866	$328,458	$13
2022	$216,049	$208,389	$351,733	$7,660
2021	$183,910	$184,198	$337,313	$-288
2020	$185,920	$210,414	$348,676	$-24,494
2019	$191,428	$221,494	$386,845	$-30,066
2018	$186,128	$210,627	$419,794	$-24,499

MILLTOWN HOUSING DEVELOPMENT FUND COMPANY INC