TRIPLE C HOUSING INC

EIN: 222350429 501(c)(3)

NORTH BRUNSWICK, NJ

Total Revenue
$8,556,819
Total Expenses
$6,859,030
Total Assets
$22,973,056
Net Assets
$10,716,204
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NJ
Principal Officer
LESLIE STIVALE
Phone
7326586636
Tax Period
2024-07-01 to 2025-06-30

TRIPLE C HOUSING INC, founded in 1979, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 20% operating margin.

Mission

TO PROVIDE PERMANENT SUPPORTIVE HOUSING OPPORTUNITIES COUPLED WITH INNOVATIVE SUPPORT SERVICES EMPOWERING INDIVDUALS TO LIVE INDEPENDENTLY WITH DIGNITY AND TO FULLFULL THEIR UTMOST POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $3,927,666 Revenue: $1,490,075

INDEPENDENT LIVING - OFFERS CONSUMERS PERMANENT SUPPORTIVE HOUSING AND PROVIDES FLEXIBLE, PERSON-CENTERED SUPPORT SERVICES THAT ARE STRENGTHS BASED, VALUING THE EXPERIENCES AND CONTRIBUTIONS OF...

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INDEPENDENT LIVING - OFFERS CONSUMERS PERMANENT SUPPORTIVE HOUSING AND PROVIDES FLEXIBLE, PERSON-CENTERED SUPPORT SERVICES THAT ARE STRENGTHS BASED, VALUING THE EXPERIENCES AND CONTRIBUTIONS OF INDIVIDUALS WHILE FOCUSING ON WELLNESS AND SELF-SUFFICIENCY. THE SERVICES ARE GEARED TOWARD TEACHING SELF-SUFFICIENCY TO FACILITATE AND MAINTAIN PERSONAL AND FINANCIAL INDEPENDENCE WHILE PROMOTING PERSONAL PURSUITS IN AREAS RANGING FROM EDUCATION TO EMPLOYMENT TO HOME OWNERSHIP. DURING THE YEAR ENDED IN JUNE 30, 2025, 25,668 UNITS OF SERVICE WERE PROVIDED TO 173 CONSUMERS.

Program 2
Expenses: $2,105,613 Revenue: $1,506,749

RESIDENTIAL SERVICES PROVIDES CONSUMERS TRANSITIONAL SUPERVISED RESIDENTIAL CARE, HOLISTIC, INDIVIDUALIZED REHABILITATION ACTIVITIES TARGETING AN IMPROVED LOCUS OF CONTROL, OVERALL QUALITY OF LIFE...

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RESIDENTIAL SERVICES PROVIDES CONSUMERS TRANSITIONAL SUPERVISED RESIDENTIAL CARE, HOLISTIC, INDIVIDUALIZED REHABILITATION ACTIVITIES TARGETING AN IMPROVED LOCUS OF CONTROL, OVERALL QUALITY OF LIFE AND GENERAL WELL-BEING. RESIDENTIAL SUPPORT SERVICES PROVIDE FOR TWENTY-FOUR (24) HOUR CARE AND VARYING LEVELS OF SUPPORT, RANGING FROM INTENSIVE TO MINIMAL OUTREACH, DEPENDING ON THE UNIQUE NEEDS OF EACH INDIVIDUAL. DURING THE YEAR ENDED JUNE 30, 2025, 5,324 UNITS OF SERVICE WERE PROVIDED TO 22 CONSUMERS.

Program 3

AS A CERTIFIED COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO), TRIPLE C HOUSING IS COMMITTED TO CONTINUING THE DEVELOPMENT AND EXPANSION OF LOW-INCOME AND OTHER AFFORDABLE HOUSING OPPORTUNITIES TO...

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AS A CERTIFIED COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO), TRIPLE C HOUSING IS COMMITTED TO CONTINUING THE DEVELOPMENT AND EXPANSION OF LOW-INCOME AND OTHER AFFORDABLE HOUSING OPPORTUNITIES TO ASSURE THE COMMUNITY INTEGRATION FOR THE POPULATIONS IT SERVES. THE CORPORATION ALSO PARTNERS WITH DEVELOPERS OF AFFORDABLE (INCLUDING LOW-INCOME) HOUSING TO PROVIDE HOUSING AND/OR SUPPORTIVE SERVICES TO THEIR TENANTS AND ASSIST IN SECURING THE FUNDING FOR ACQUISITION, CONSTRUCTION AND/OR SUBSTANTIAL REHABILITATION OF SUCH HOUSING.EXPENSES AND REVENUE REPORTED ON STATEMENT OF FUNCTIONAL EXPENSE.

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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 $5,495,049
Program Service Revenue $2,996,824
Investment Income $74,858
Other Revenue $-9,912
TOTAL REVENUE $8,556,819

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,785,035
Fundraising Expenses $44,980
Program Expenses $6,033,279
Other Expenses $2,073,995
TOTAL EXPENSES $6,859,030

Year-over-Year Comparison

2024 2023 Change
Revenue $8,556,819 $7,721,200 +0.1%
Expenses $6,859,030 $6,501,543 +0.1%
Net Income $1,697,789 $1,219,657 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
81
Volunteers
17

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
7
$614,124
Total Directors
11
$234,472
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE CARRASCO CHAIR 2.00
Officer Director
$0 $0 $0
JORGE CRUZ VICE CHAIR / CHDO 2.00
Officer Director
$0 $0 $0
ROBIN STEPHENSON SECRETARY/CHDO 2.00
Officer Director
$0 $0 $0
MATTHEW MAYO MSW TREASURER 2.00
Officer Director
$0 $0 $0
BASHIR JORDAN MSW TRUSTEE 2.00
Director
$0 $0 $0
CHRISTOPHER VAS TRUSTEE 2.00
Director
$0 $0 $0
NOAH FREIBERG TRUSTEE 2.00
Director
$0 $0 $0
SANDY SORIANO TRUSTEE 2.00
Director
$0 $0 $0
DEBORAH DE SANTIS TRUSTEE / CHDO 2.00
Director
$0 $0 $0
WILLIAM WALDMAN MSW LSW EMERITUS 2.00
Director
$0 $0 $0
LESLIE STIVALE PRESIDENT / CEO 40.00
Officer Director
$228,409 $6,063 $234,472
KIM EWELL CHIEF OPERATING OFFICIER 40.00
Officer
$172,315 $20,848 $193,163
PAUL KILEY CONTROLLER 40.00
Officer
$153,418 $33,071 $186,489
MARCUS KELLAM DIR. COMMUNITY ENGAGEMENT 40.00
Highest
$134,025 $28,013 $162,038
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 $8,556,819 $6,859,030 $22,973,056 $1,697,789
2024 No data No data No data No data
2023 $7,349,266 $5,911,147 $18,838,990 $1,438,119
2022 $6,143,309 $5,645,747 $12,907,838 $497,562
2021 $6,305,218 $5,292,461 $12,269,975 $1,012,757
2020 $5,191,331 $4,498,280 $12,003,093 $693,051
2019 $4,282,190 $4,183,899 $9,633,845 $98,291
2018 $4,579,641 $4,367,374 $9,664,992 $212,267
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