GREATER ROCHESTER HOUSING PARTNERSHIP INC

EIN: 161399793 501(c)(3) Housing & Shelter

ROCHESTER, NY

Total Revenue
$1,353,775
Total Expenses
$582,777
Total Assets
$11,509,734
Net Assets
$11,155,427
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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
1992
Legal Domicile
NY
Phone
5854236320
Tax Period
2023-01-01 to 2023-12-31

GREATER ROCHESTER HOUSING PARTNERSHIP INC, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $771K, a strong 57% operating margin.

Mission

TO PROVIDE FINANCING FOR AFFORDABLE HOUSING PROJECTS FOR SOCIAL SERVICES AND HOUSING AGENCIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $500,094
Program Service Revenue $696,323
Investment Income $157,358
Other Revenue $0
TOTAL REVENUE $1,353,775

Expense Breakdown

Grants Paid $0
Salaries & Benefits $446,800
Fundraising Expenses $0
Program Expenses $221,549
Other Expenses $135,977
TOTAL EXPENSES $582,777

Year-over-Year Comparison

2023 2022 Change
Revenue $1,353,775 $889,346 +0.5%
Expenses $582,777 $524,837 +0.1%
Net Income $770,998 $364,509 +1.1%
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
13
Independent Members
13
Employees
5
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
6
$311,303
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN BABCOCK-STINER BOARD MEMBER 1.00
Director
$0 $0 $0
ANN MCCORMICK SECRETARY 1.00
Officer Director
$0 $0 $0
CHANH QUACH BOARD MEMBER 1.00
Director
$0 $0 $0
CLINT W CAMPBELL BOARD MEMBER 1.00
Director
$0 $0 $0
ERIK FRISCH BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES A GOFF VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JULIO VAZQUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
LOREN J RANALETTA BOARD MEMBER 1.00
Director
$0 $0 $0
MIGUEL MELENDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA KEENAHAN TREASURER 1.00
Officer Director
$0 $0 $0
RICHARD MUELLER CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEVE TRANELLI BOARD MEMBER 1.00
Director
$0 $0 $0
TONY D'ARPINO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL BURKE CONTROLLER 35.00
Officer
$118,254 $19,135 $137,389
THEODORA FINN PRESIDENT 35.00
Officer
$149,891 $24,023 $173,914
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 No data No data No data No data
2023 $1,353,775 $582,777 $11,509,734 $770,998
2022 $889,346 $524,837 $13,650,007 $364,509
2021 $633,932 $571,302 $11,773,755 $62,630
2020 $522,020 $474,476 $14,039,761 $47,544
2019 $608,877 $478,703 $9,998,655 $130,174
2018 $762,599 $476,500 $11,758,591 $286,099
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