RENTAL ASSISTANCE CORPORATION OF BUFFALO (EIN 161337423) - 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

1988

Legal Domicile

Principal Officer

KATHERINE O'CONNOR

Phone

7168820063

Tax Period

2024-07-01 to 2025-06-30

RENTAL ASSISTANCE CORPORATION OF BUFFALO, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2024. Expenses of $4.4M left a modest 3% surplus.

Mission

RACB ADMINISTERS THE HOUSING VOUCHER AND MODERATE REHABILITATION PROGRAMS. THROUGH THESE SECTION 8 PROGRAMS, RACB SEEKS TO PROVIDE RENTAL ASSISTANCE ON BEHALF OF LOW-INCOME FAMILIES AND ELDERLY, OR HANDICAPPED, OR DISABLED INDIVIDUALS WHO COULD NOT OTHERWISE AFFORD DECENT, SAFE AND SANITARY HOUSING.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $4,350,303

Program Service Revenue $0

Investment Income $192,777

Other Revenue $4,935

TOTAL REVENUE $4,548,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,303,083

Fundraising Expenses $0

Program Expenses $3,437,280

Other Expenses $1,095,590

TOTAL EXPENSES $4,398,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,548,015	$4,737,254	0.0%
Expenses	$4,398,673	$4,184,215	+0.1%
Net Income	$149,342	$553,039	-0.7%

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

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

$370,279

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MCMAHON	EXECUTIVE DIRECTOR	35.00	Officer	$153,366	$59,088	$212,454
DIANE POZORSKI	CONTROLLER	35.00	Officer	$122,798	$35,027	$157,825
KATHERINE O'CONNNOR	PRESIDENT	5.00	Officer Director	$0	$0	$0
JANCIE MCKINNIE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DR ROBERT DAVIS	TREASURER	5.00	Officer Director	$0	$0	$0
JAMES MCDERMOTT	SECRETARY	5.00	Officer Director	$0	$0	$0
RUTH BRYANT	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL CLARK	DIRECTOR	2.00	Director	$0	$0	$0
PETER DECHERT	DIRECTOR	2.00	Director	$0	$0	$0
WYLIE HORTON	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN KARNATH	DIRECTOR	2.00	Director	$0	$0	$0
KEXIN MA	DIRECTOR	2.00	Director	$0	$0	$0
PETER MURAD	DIRECTOR	2.00	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	$4,548,015	$4,398,673	$9,176,526	$149,342
2024	$4,737,254	$4,184,215	$8,778,331	$553,039
2023	$4,500,840	$3,608,703	$7,858,871	$892,137
2022	$3,957,549	$3,302,723	$7,021,377	$654,826
2021	$4,695,346	$3,095,279	$6,744,528	$1,600,067
2020	$3,887,413	$3,046,434	$4,822,689	$840,979
2019	$31,027,508	$31,074,599	$3,952,629	$-47,091
2018	$30,350,924	$30,290,439	$3,966,779	$60,485

RENTAL ASSISTANCE CORPORATION OF BUFFALO