NY CAPITAL REGION APARTMENT ASSOCIATION INC (EIN 203601726) - 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

2005

Legal Domicile

Principal Officer

MICHAEL STEURER

Phone

5184560927

Tax Period

2024-01-01 to 2024-12-31

NY CAPITAL REGION APARTMENT ASSOCIATION INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $325K in total revenue in fiscal year 2024. Expenses of $283K left a modest 13% surplus.

Mission

(NYCRAA) PROVIDES EDUCATION AND RESOURCES TO MULTI-FAMILY RENTAL PROPERTY OWNERS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $162,063

Program Service Revenue $155,354

Investment Income $0

Other Revenue $7,864

TOTAL REVENUE $325,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $282,557

TOTAL EXPENSES $282,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$325,281	$315,893	+0.0%
Expenses	$282,557	$246,369	+0.1%
Net Income	$42,724	$69,524	-0.4%

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

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
KARA RAFFERTY	PRESIDENT	10.00	Officer Director	$0	$0	$0
TAMMY FREDENBURG	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE STEURER	TREASURER	5.00	Officer Director	$0	$0	$0
MEGAN TETLACK	FINANCIAL SECRETARY	5.00	Officer Director	$0	$0	$0
CHRISTINE O'CONNELL MORE	BOARD MEMBER	1.00	Director	$0	$0	$0
NATALYA RODRIGUEZ	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
SELVIA TOMSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA GRIGGS	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM DEE	BOARD MEMBER	1.00	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	$325,281	$282,557	$142,388	$42,724
2023	$315,893	$246,369	$99,664	$69,524
2023	$315,893	$246,369	$99,664	$69,524
2022	$211,782	$247,080	$30,140	$-35,298
2021	$208,505	$200,128	$65,438	$8,377
2020	$242,643	$206,759	$57,061	$35,884

NY CAPITAL REGION APARTMENT ASSOCIATION INC