GERARD PLACE HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161562738) - 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

MARY LORIANNE TYLCZYNSKI

Phone

7168979948

Tax Period

2023-01-01 to 2023-12-31

GERARD PLACE HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $2.0M left a modest 5% surplus.

Mission

OPERATE SUPPORTIVE 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 (2023)

Revenue Breakdown

Contributions & Grants $2,025,371

Program Service Revenue $34,197

Investment Income $4,940

Other Revenue $6,022

TOTAL REVENUE $2,070,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,261,199

Fundraising Expenses $0

Program Expenses $1,904,031

Other Expenses $709,786

TOTAL EXPENSES $1,970,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,070,530	$2,766,400	-0.3%
Expenses	$1,970,985	$1,897,245	+0.0%
Net Income	$99,545	$869,155	-0.9%

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

Volunteers

100

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

$375,052

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY LORIANNE TYLCZYNSKI CSSF	CHAIR	2.00	Officer Director	$0	$0	$0
EDITH WYSS OSF	VICE CHAIR	2.00	Officer Director	$0	$0	$0
AMY F BRADLEY CPA	TREASURER	2.00	Officer Director	$0	$0	$0
BONNIE SLIMKO	SECRETARY	2.00	Officer Director	$0	$0	$0
TERRY BIANCHI	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE MARIE BOGNER SSMN	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
SHARON GOODREMOTE FSSJ	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET GORMAN RSM	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HEIST	DIRECTOR	1.00	Director	$0	$0	$0
KAREN KARASZEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
DAYNELL ROWELL-STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN SHAVER SSJ	DIRECTOR	1.00	Director	$0	$0	$0
ELEANORE MARTINEZ GNSH	DIRECTOR	1.00	Director	$0	$0	$0
BELLE WALLS MONTREE ACBSW MS LMHC	DIRECTOR	1.00	Director	$0	$0	$0
CONCETTA DEFELICE OSF	DIRECTOR	1.00	Director	$0	$0	$0
ANTIONETTE MCCLAIN	DIRECTOR	1.00	Director	$0	$0	$0
MARIELLE FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
NORA SWEENEY DC	DIRECTOR	1.00	Director	$0	$0	$0
DAVID ZAPFEL	PRESIDENT/CEO	40.00	Officer	$233,980	$8,303	$242,283
JILL MATTSON	COO	40.00	Officer	$132,769	$0	$132,769

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	$2,070,530	$1,970,985	$6,920,502	$99,545
2022	$2,766,400	$1,897,245	$6,847,147	$869,155
2021	$2,559,911	$1,644,590	$7,851,449	$915,321
2020	$1,947,299	$1,640,123	$6,649,640	$307,176
2019	$1,631,244	$1,906,479	$6,345,008	$-275,235
2018	$3,250,062	$1,099,006	$6,802,377	$2,151,056

GERARD PLACE HOUSING DEVELOPMENT FUND COMPANY INC