ROCHESTER MANAGEMENT INC (EIN 161556654) - 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

1998

Legal Domicile

Principal Officer

TAMMY DUDLEY

Phone

5854672442

Tax Period

2023-09-01 to 2024-08-31

ROCHESTER MANAGEMENT INC, founded in 1998, is a mid-sized nonprofit in the Housing & Shelter sector that reported $11.9M in total revenue in fiscal year 2023.

Mission

TO PROVIDE CLEAN, SAFE, WELL MAINTAINED, AND AFFORDABLE APARTMENTS AND TOWNHOUSES, SUITABLE FOR ANYONE, IN MANY LOCATIONS THROUGHOUT ROCHESTER, NEW YORK.

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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 (2023)

Revenue Breakdown

Contributions & Grants $580,416

Program Service Revenue $10,846,386

Investment Income $462,968

Other Revenue $0

TOTAL REVENUE $11,889,770

Expense Breakdown

Grants Paid $871,784

Salaries & Benefits $10,488,148

Fundraising Expenses $0

Program Expenses $8,538,169

Other Expenses $836,248

TOTAL EXPENSES $12,196,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,889,770	$11,884,676	+0.0%
Expenses	$12,196,180	$12,382,017	0.0%
Net Income	$-306,410	$-497,341	-0.4%

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

234

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

$432,113

Total Directors

$432,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES A COSTANZA	VICE CHAIRMAN	0.00	Officer Director	$0	$0	$0
MARGARET J HILL	PRESIDENT (UNTIL 1/19/24)	20.00	Officer Director	$257,405	$25,098	$282,503
MARGARET BRINGEWATT	DIRECTOR	0.00	Director	$0	$0	$0
CAROL WHEELER	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD MUELLER	CHAIRMAN	0.00	Officer Director	$0	$0	$0
ALLEN WILLIAMS	DIRECTOR	0.00	Director	$0	$0	$0
SCOTT D PROCIOUS	PRESIDENT (AFTER 1/19/24)	20.00	Officer Director	$138,468	$11,142	$149,610
LOUIS M D'AMATO ESQ	DIRECTOR	0.00	Officer Director	$0	$0	$0
R CARLOS CARBALLADA	DIRECTOR	0.00	Director	$0	$0	$0
TAMARA DUDLEY	TREASURER (AFTER 3/11/24)	20.00	Officer	$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
2024	$11,889,770	$12,196,180	$17,687,279	$-306,410
2023	$11,884,676	$12,382,017	$15,139,296	$-497,341
2022	$11,021,236	$10,469,059	$15,664,481	$552,177
2021	$10,149,651	$9,011,396	$15,106,778	$1,138,255
2020	$8,209,930	$7,962,416	$14,613,574	$247,514

ROCHESTER MANAGEMENT INC