BUILDING HOMES FOR HEROES INC

EIN: 204540852 501(c)(3) Housing & Shelter

ISLAND PARK, NY

Total Revenue
$20,125,034
Total Expenses
$15,876,334
Total Assets
$20,856,155
Net Assets
$20,216,680
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
ANDREW PUJOL
Phone
5166849220
Tax Period
2024-01-01 to 2024-12-31

BUILDING HOMES FOR HEROES INC, founded in 2006, is a mid-sized nonprofit in the Housing & Shelter sector that reported $20.1M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 21% operating margin.

Mission

BUILDING HOMES FOR HEROES IS DETERMINED AND DEVOTED TO BRINGING RENEWED HOPE TO OUR NATION'S INJURED VETERANS, FIRST RESPONDERS AND THEIR FAMILIES. THE ORGANIZATION BUILDS OR MODIFIES HOMES, AND GIFTS THEM, MORTGAGE-FREE, TO INJURED VETERANS, FIRST RESPONDERS AND THEIR FAMILIES, WHILE PROVIDING SUPPORT SERVICES TO ENABLE THEM TO BUILD BETTER AND BRIGHTER LIVES AND REACH NEW HEIGHTS. IT'S TRULY AN HONOR TO SERVE THE MEN AND WOMEN WHO HAVE COURAGEOUSLY SERVED AND SACRIFICED FOR OUR COUNTRY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,669,955
Program Service Revenue $0
Investment Income $455,079
Other Revenue $0
TOTAL REVENUE $20,125,034

Expense Breakdown

Grants Paid $12,380,073
Salaries & Benefits $1,530,652
Fundraising Expenses $398,724
Program Expenses $15,228,357
Other Expenses $1,965,609
TOTAL EXPENSES $15,876,334

Year-over-Year Comparison

2024 2023 Change
Revenue $20,125,034 $13,811,302 +0.5%
Expenses $15,876,334 $12,472,683 +0.3%
Net Income $4,248,700 $1,338,619 +2.2%
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

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Governance

Voting Members
13
Independent Members
13
Employees
18
Volunteers
2100

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
5
$300,335
Total Directors
13
$146,181
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW PUJOL CEO & CHAIRMAN OF THE BOAR 50.00
Officer Director
$0 $0 $0
NANCY MAURO CFO 40.00
Officer
$133,332 $20,822 $154,154
KIMBERLY VESEY PRESIDENT AND GENERAL COUN 40.00
Officer Director
$127,519 $18,662 $146,181
ANTHONY SIGILLITO DIRECTOR/TREASURER 20.00
Officer Director
$0 $0 $0
DAVID WEINGRAD SECRETARY 40.00
Officer
$0 $0 $0
GEORGE SHERMAN DIRECTOR 4.00
Director
$0 $0 $0
JAMES CUMMINGS DIRECTOR 4.00
Director
$0 $0 $0
JOHN MADISON DIRECTOR 5.00
Director
$0 $0 $0
JON SIGILLITO DIRECTOR 4.00
Director
$0 $0 $0
JOSEPH MCFARLAND DIRECTOR 8.00
Director
$0 $0 $0
MIKE BRODERICK DIRECTOR 4.00
Director
$0 $0 $0
PATRICK GAMBARO DIRECTOR 3.00
Director
$0 $0 $0
TYLER MARK DIRECTOR 5.00
Director
$0 $0 $0
VINCENT P DIFRONZO DIRECTOR 5.00
Director
$0 $0 $0
SHANNON JUDD DIRECTOR 5.00
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 $20,125,034 $15,876,334 $20,856,155 $4,248,700
2023 $13,811,302 $12,472,683 $16,185,231 $1,338,619
2022 $10,720,436 $11,292,527 $14,891,010 $-572,091
2021 $13,729,241 $12,209,248 $15,491,113 $1,519,993
2020 $10,177,039 $10,687,308 $14,442,895 $-510,269
2019 $10,139,297 $11,869,212 $15,617,122 $-1,729,915
2018 $9,473,496 $9,252,380 $17,178,477 $221,116
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