ALLIES & ROSS MANAGEMENT AND DEVELOPMENT CORPORATION

EIN: 208558857 501(c)(3) Housing & Shelter

PITTSBURGH, PA

Total Revenue
$8,466,328
Total Expenses
$5,664,930
Total Assets
$286,589,603
Net Assets
$284,168,677
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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
2007
Legal Domicile
PA
Principal Officer
BERNIE MCGINLEY
Phone
4124565022
Tax Period
2023-01-01 to 2023-12-31

ALLIES & ROSS MANAGEMENT AND DEVELOPMENT CORPORATION, founded in 2007, is a community nonprofit in the Housing & Shelter sector that reported $8.5M in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.8M, a strong 33% operating margin.

Mission

TO PROVIDE HOUSING OPPORTUNITIES AND HOUSING RELATED ACTIVITIES BY PARTICPATING IN MIXED FINANCE TRANSACTIONS WITH THE HOUSING AUTHORITY OF THE CITY OF PITTSBURGH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,428,516
Investment Income $6,037,812
Other Revenue $0
TOTAL REVENUE $8,466,328

Expense Breakdown

Grants Paid $0
Salaries & Benefits $153,412
Fundraising Expenses $0
Program Expenses $5,428,816
Other Expenses $5,511,518
TOTAL EXPENSES $5,664,930

Year-over-Year Comparison

2023 2022 Change
Revenue $8,466,328 $32,323,067 -0.7%
Expenses $5,664,930 $5,520,325 +0.0%
Net Income $2,801,398 $26,802,742 -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

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Governance

Voting Members
5
Independent Members
2
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
4
$575,476
Total Directors
6
$746,965
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY SHAFFER SECRETARY 0.50
Officer Director
$0 $15,748 $76,954
CASTER BINION PRESIDENT AND CEO 0.50
Officer Director
$0 $42,582 $302,921
VALERIE MCDONALD ROBERTS CHAIR 0.50
Officer Director
$0 $0 $0
MARSHA GRAYSON DIRECTOR 0.50
Director
$0 $13,318 $171,489
BERNIE MCGINLEY TREASURER 0.50
Officer Director
$0 $42,215 $195,601
MAJESTIC LANE DIRECTOR 0.50
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 $8,466,328 $5,664,930 $286,589,603 $2,801,398
2022 $32,323,067 $5,520,325 $281,674,353 $26,802,742
2021 $26,193,210 $6,554,468 $255,249,004 $19,638,742
2020 $20,561,178 $12,377,512 $233,234,427 $8,183,666
2019 $48,999,219 $13,788,005 $217,875,964 $35,211,214
2018 $43,335,610 $10,124,406 $183,886,607 $33,211,204
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