CLIFTON SENIOR CITIZENS' HOUSING CORP (EIN 222300392) - 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

1982

Legal Domicile

Principal Officer

J YELLEN

Phone

9737788533

Tax Period

2023-07-01 to 2024-06-30

CLIFTON SENIOR CITIZENS' HOUSING CORP, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2023. The organization ran a surplus of $387K, a strong 15% operating margin.

Mission

TO PROVIDE SUBSIDIZED RENTAL APARTMENTS FOR 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 $101,434

Program Service Revenue $2,426,552

Investment Income $0

Other Revenue $23,682

TOTAL REVENUE $2,551,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,761,264

Other Expenses $2,164,689

TOTAL EXPENSES $2,164,689

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,551,668	$2,415,345	+0.1%
Expenses	$2,164,689	N/A	N/A
Net Income	$386,979	$2,415,345	-0.8%

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
JOSEPH AFFINITO	MEMBER	1.0	Director	$0	$0	$0
ANGELO CRUDELE	BOARD MEMBER	1.0	Director	$0	$0	$0
KIMBERLY CASTELLANO	MEMBER	1.0	Director	$0	$0	$0
RABBI IRA KRONENBERG	MEMBER	1.0	Director	$0	$0	$0
ROBERT DEVITA	MEMBER	1.0	Director	$0	$0	$0
ROY GARRETSON	MEMBER	1.0	Director	$0	$0	$0
JAMES YELLEN	TREASURER	2.0	Officer Director	$0	$0	$0
LINDA EMR	MEMBER	1.0	Director	$0	$0	$0
GIUSEPPINA SARDINA	MEMBER	1.0	Director	$0	$0	$0
ALBERT GRECO	MEMBER	1.0	Director	$0	$0	$0
FREDDY PEREZ	MEMBER	1.0	Director	$0	$0	$0
JOSEPH KOLODZIEJ	VICE PRESIDENT	2.0	Officer	$0	$0	$0
JANE SCARFO	PRESIDENT	2.0	Officer	$0	$0	$0
GLORIA MARTINI	SECRETARY	2.0	Officer	$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
2025	No data	No data	No data	No data
2024	$2,551,668	$2,164,689	$4,322,292	$386,979
2023	$2,431,816	$2,202,046	$4,161,991	$229,770
2022	$2,369,983	$2,265,292	$4,221,009	$104,691
2021	$2,465,837	$2,463,209	$4,339,758	$2,628
2018	$2,244,275	$2,303,457	$5,005,771	$-59,182

CLIFTON SENIOR CITIZENS' HOUSING CORP