HOLLOW ROAD DEVELOPMENT CORPORATION

EIN: 202176501 501(c)(3) Housing & Shelter

PITTSFIELD, MA

Total Revenue
$49,776
Total Expenses
$77,552
Total Assets
$611,332
Net Assets
$-275,555
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MA
Phone
4134994241
Tax Period
2024-07-01 to 2025-06-30

HOLLOW ROAD DEVELOPMENT CORPORATION, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $50K in total revenue in fiscal year 2024. Expenses of $78K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE DISABLED.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $49,740
Investment Income $36
Other Revenue $0
TOTAL REVENUE $49,776

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,312
Fundraising Expenses $0
Program Expenses $58,612
Other Expenses $71,240
TOTAL EXPENSES $77,552

Year-over-Year Comparison

2024 2023 Change
Revenue $49,776 $48,445 +0.0%
Expenses $77,552 $64,390 +0.2%
Net Income $-27,776 $-15,945 +0.7%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID CIANFLONE President 1.00
Officer Director
$0 $0 $0
GREGG LEVANTE Treasurer 0.50
Officer Director
$0 $0 $0
CLEMENTINA MONTELEONE Clerk 0.50
Officer Director
$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 $49,776 $77,552 $611,332 $-27,776
2024 $48,445 $64,390 $635,917 $-15,945
2023 $40,928 $68,840 $655,819 $-27,912
2022 $41,836 $81,944 $676,855 $-40,108
2021 $41,985 $60,049 $725,168 $-18,064
2020 $42,082 $52,320 $739,206 $-10,238
2019 $41,976 $57,703 $748,716 $-15,727
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOLLOW ROAD DEVELOPMENT CORPORATION with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.