ROCHESTER HOUSING DEVELOPMENT FUND CORPORATION (EIN 161607165) - 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

2002

Legal Domicile

Phone

5854236320

Tax Period

2023-04-01 to 2024-03-31

ROCHESTER HOUSING DEVELOPMENT FUND CORPORATION, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2023.

Mission

TO FINANCE THE ACQUISITION AND REHABILITATION OF HOUSING FOR LOW-INCOME INDIVIDUALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $192,281

Program Service Revenue $2,116,609

Investment Income $104,703

Other Revenue $92,156

TOTAL REVENUE $2,505,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $270,770

Fundraising Expenses $0

Program Expenses $2,432,095

Other Expenses $2,246,907

TOTAL EXPENSES $2,517,677

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,505,749	$2,406,967	+0.0%
Expenses	$2,517,677	$2,432,732	+0.0%
Net Income	$-11,928	$-25,765	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN DALLIS	CHAIR	1.00	Officer Director	$0	$0	$0
LARRY FRANCER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHANNA SANTIAGO	BOARD MEMBER	1.00	Director	$0	$0	$0
GERALD D DIMARCO ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIO VAZQUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA HEDDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
FIONA WOLFE	VICE CHAIR	1.00	Director	$0	$0	$0
JIM DUKETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
THEODORA FINN	PRESIDENT	10.00	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
2025	No data	No data	No data	No data
2024	$2,505,749	$2,517,677	$6,673,945	$-11,928
2023	$2,406,967	$2,432,732	$5,000,028	$-25,765
2022	$2,637,743	$2,618,440	$5,176,378	$19,303
2021	$2,559,204	$2,545,968	$5,142,534	$13,236
2020	$2,886,176	$2,885,866	$4,571,332	$310
2019	$3,884,407	$3,871,727	$5,271,521	$12,680

ROCHESTER HOUSING DEVELOPMENT FUND CORPORATION