EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC (EIN 161755397) - 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

2024-01-01 to 2024-12-31

EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $722K in total revenue in fiscal year 2024. Expenses of $661K left a modest 8% surplus.

Mission

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

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $653,144

Investment Income $53,650

Other Revenue $15,017

TOTAL REVENUE $721,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $560,270

Other Expenses $661,400

TOTAL EXPENSES $661,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$721,811	$713,023	+0.0%
Expenses	$661,400	$650,253	+0.0%
Net Income	$60,411	$62,770	0.0%

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

$1,242,683

Total Directors

$1,045,965

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HSUEH LAM YAN	SECRETARY/DIR.,ASSET & PROP. MGMT.	1.00	Officer Director	$0	$26,543	$220,267
HUI-YUAN NELSON CHAN	TREASURER/MANG. DIR. OF REAL ESTATE	1.00	Officer Director	$0	$64,387	$270,854
MY T CHANG	VICE PRESIDENT/CHIEF OF STAFF	1.00	Officer Director	$0	$9,430	$208,865
THOMAS YU	PRESIDENT/ED	1.00	Officer Director	$0	$61,872	$345,979
JOY SUZANNE GRANADO	CHIEF ACCOUNTING OFFICER (OUTGOING)	1.00	Officer	$0	$21,446	$196,718

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	$721,811	$661,400	$3,901,689	$60,411
2023	$713,023	$650,253	$3,814,345	$62,770
2022	$632,284	$646,036	$3,805,171	$-13,752
2021	$610,504	$570,775	$3,777,783	$39,729
2020	$593,269	$552,853	$3,739,373	$40,416
2019	$565,472	$465,445	$3,691,902	$100,027
2018	$526,041	$452,898	$3,587,820	$73,143

EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC