CHINATOWN PRESERVATION HOUSING DEVELOPMENT FUND COMPANYINC (EIN 161755393) - 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

2005

Legal Domicile

Principal Officer

THOMAS YU

Phone

2124772265

Tax Period

2023-01-01 to 2023-12-31

CHINATOWN PRESERVATION HOUSING DEVELOPMENT FUND COMPANYINC, founded in 2005, is a community nonprofit in the Crime & Legal sector that reported $2.4M in total revenue in fiscal year 2023. Expenses of $2.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

ACQUIRES, PRESERVES, AND OPERATES AFFORDABLE RENTAL HOUSING FOR LOW INCOME TO MEDIAN INCOME FAMILIES.

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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 $0

Program Service Revenue $2,340,799

Investment Income $14,469

Other Revenue $29,640

TOTAL REVENUE $2,384,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,540,997

Other Expenses $2,741,465

TOTAL EXPENSES $2,741,465

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,384,908	$2,331,872	+0.0%
Expenses	$2,741,465	$2,604,347	+0.1%
Net Income	$-356,557	$-272,475	+0.3%

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

N/A

Employees

N/A

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

$1,131,481

Total Directors

$910,890

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HSUEH LAM YAN	SECRETARY/ ASSET & PROP. MGT DIR.	1.00	Officer Director	$0	$22,333	$200,614
MY CHAN	VP/CHIEF OF STAFF	1.00	Officer Director	$0	$8,044	$147,904
THOMAS YU	PRESIDENT/ED	1.00	Officer Director	$0	$66,264	$345,309
HUI-YUAN NELSON CHAN	TREASURER/MANG. DIR OF COMM. SVCS	1.00	Officer Director	$0	$48,163	$217,063
JOY SUZANNE GRANADO	CFO	1.00	Officer	$0	$28,046	$220,591

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	$2,384,908	$2,741,465	$24,642,994	$-356,557
2022	$2,331,872	$2,604,347	$25,403,465	$-272,475
2021	$2,229,203	$2,594,955	$26,014,695	$-365,752
2020	$2,183,142	$2,587,973	$26,534,503	$-404,831
2019	$2,128,583	$2,314,841	$27,248,549	$-186,258
2018	$2,180,627	$2,276,706	$27,682,008	$-96,079

CHINATOWN PRESERVATION HOUSING DEVELOPMENT FUND COMPANYINC