REDEEMER VILLAGE II (EIN 222282223) - 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

1981

Legal Domicile

Principal Officer

MICHAEL KEEN

Phone

2159387855

Tax Period

2022-10-01 to 2023-09-30

REDEEMER VILLAGE II, founded in 1981, is a micro nonprofit that reported $177 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $944 exceeded revenue, resulting in a 433% operating deficit.

Mission

IN CONJUNCTION WITH REDEEMER VILLAGE I, REDEEMER VILLAGE II PROVIDES MANAGERIAL OVERSIGHT FOR HUD-SUBSIDIZED RENTAL HOUSING TO LOW INCOME ELDERLY AND/OR DISABLED 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $177

Other Revenue $0

TOTAL REVENUE $177

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $608

Other Expenses $944

TOTAL EXPENSES $944

Year-over-Year Comparison

	2022	2021	Change
Revenue	$177	$316,260	-1.0%
Expenses	$944	$229,057	-1.0%
Net Income	$-767	$87,203	-1.0%

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

$1,684,015

Total Directors

$732,261

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL B LAIGN	BOARD MEMBER, PRESIDENT/CE	0.50	Officer Director	$354	$23,945	$732,261
WILLIAM SASSO ESQ	CHAIRMAN	0.50	Officer Director	$0	$0	$0
BETH DUPREE MD	BOARD MEMBER	0.50	Director	$0	$0	$0
S NICHOLAS LEZZI	BOARD MEMBER	0.50	Director	$0	$0	$0
SR ELLEN MARVEL CSR	BOARD MEMBER	0.50	Director	$0	$0	$0
JOSEPH RAGG	BOARD MEMBER	0.50	Director	$0	$0	$0
DONALD F FRIEL	ASST TREASURER	0.01	Officer	$194	$100,192	$489,329
NANCY MANDES	TREASURER	0.01	Officer	$0	$38,992	$217,481
JOSEPH MUNIZZA	ASST SECRETARY/VP RESIDENT	15.00	Officer	$53,106	$4,619	$146,237
CRISTINA PEOPLES	CORPORATE SECRETARY	0.01	Officer	$0	$27,398	$98,707
THOMAS HARRIS	SENIOR VP, GENERAL COUNSEL	0.01	Highest	$197	$95,227	$488,892
MICHAEL KEEN	HRHS CFO	0.01	Highest	$211	$44,270	$458,068
DONALD W FOX	SENIOR VP	0.01	Highest	$134	$71,148	$339,997
JOSEPH TAYLOR	SVP POPULATION HEALTH/EXEC	0.01	Highest	$151	$59,271	$362,182
JOSEPH CASSIDY RN	VP HUMAN RESOURCES-RETIRED	0.01	Highest	$85	$550	$170,153

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	$177	$944	$16,079	$-767
2022	$316,260	$229,057	$40,139	$87,203
2021	$579,621	$419,069	$470,778	$160,552
2020	$590,503	$439,338	$487,972	$151,165
2019	$580,225	$452,559	$485,422	$127,666
2018	$570,274	$464,794	$504,490	$105,480

REDEEMER VILLAGE II