COMMUNITY HOUSING CONCEPTS INC (EIN 202259316) - 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

MARTY DIMAS

Phone

3032969121

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY HOUSING CONCEPTS INC, founded in 2005, is a community nonprofit in the Housing & Shelter sector that reported $9.5M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Net assets of $44.2M represent 56 months of operating reserves.

Mission

PROVIDES AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES, ELDERLY AND HANDICAPPED INDIVIDUALS.

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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 $2,709,693

Program Service Revenue $2,296,983

Investment Income $4,452,988

Other Revenue $77,630

TOTAL REVENUE $9,537,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,499,740

Other Expenses $10,106,362

TOTAL EXPENSES $10,106,362

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,537,294	$5,973,912	+0.6%
Expenses	$10,106,362	$12,115,235	-0.2%
Net Income	$-569,068	$-6,141,323	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEAL BHAMRE	SECRETARY	1.00	Officer Director	$0	$0	$0
MARTY DIMAS	PRESIDENT	3.00	Officer Director	$0	$0	$0
GARY COLE	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$9,537,294	$10,106,362	$89,935,128	$-569,068
2022	$5,973,912	$12,115,235	$88,172,059	$-6,141,323
2021	$6,871,327	$7,855,557	$90,306,532	$-984,230
2020	$7,035,643	$7,673,725	$87,603,673	$-638,082
2019	$25,989,419	$26,600,364	$194,829,543	$-610,945
2018	$22,643,854	$27,291,770	$211,021,535	$-4,647,916

COMMUNITY HOUSING CONCEPTS INC