ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION (EIN 222527669) - 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

1983

Legal Domicile

Principal Officer

RICHARD CHAVEZ

Phone

9784527523

Tax Period

2024-01-01 to 2024-12-31

ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $343K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $294K left a modest 14% surplus.

Mission

PROPERTY MANAGEMENT - MANAGES PROPERTIES DEVELOPED TO HOUSE LOW AND MODERATE INCOME RESIDENTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $311,959

Investment Income $228

Other Revenue $30,360

TOTAL REVENUE $342,547

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $55,407

Fundraising Expenses $0

Program Expenses $276,107

Other Expenses $208,203

TOTAL EXPENSES $293,610

Year-over-Year Comparison

	2024	2023	Change
Revenue	$342,547	$313,310	+0.1%
Expenses	$293,610	$346,224	-0.2%
Net Income	$48,937	$-32,914	-2.5%

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

$94,400

Total Directors

$474,417

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESS WILSON	DIRECTOR	0.00	Director	$0	$0	$0
SIXTO DEJESUS	CHAIR	0.00	Director	$0	$0	$0
RICHARD CHAVEZ	TREASURER	0.00	Director	$0	$0	$0
MICHELE WITTS	CHIEF FINANCIAL OFFICER	0.00	Director	$0	$22,092	$138,556
PAUL GAUDET	DIRECTOR	0.00	Director	$0	$0	$0
PATTY COFFEY	DIRECTOR	0.00	Director	$0	$0	$0
CARLOS GONZALEZ	DIRECTOR	0.00	Director	$0	$0	$0
MASADA JONES	CLERK	0.00	Director	$0	$0	$0
YUN JU CHOI	EXECUTIVE DIRECTOR	0.00	Director	$0	$8,915	$116,269
MUSU GAYE	DIRECTOR	0.00	Director	$0	$0	$0
PETER MARTIN	DIRECTOR	0.00	Director	$0	$0	$0
ERIC PONN	EXECUTIVE COMMITTEE	0.00	Director	$0	$0	$0
THOMAS EMERY	DIRECTOR OF REAL ESTATE	0.00	Director	$0	$0	$0
CARMEN BERMUDEZ	DIRECTOR	0.00	Director	$0	$0	$0
DEBORAH MOTEW	VICE CHAIR	0.00	Director	$0	$0	$0
LAURA TAVARES	DIRECTOR	0.00	Director	$0	$0	$0
MARY WAMBUI	DIRECTOR	0.00	Director	$0	$0	$0
CLAIRE RICKER	DIRECTOR OF REAL ESTATE	0.00	Director	$0	$0	$0
MARIA GUTIERREZ-YAPUR	DIRECTOR OF PROGRAMS	0.00	Director	$0	$4,319	$91,853
AMADA GREGORY	DIRECTOR	0.00	Director	$0	$0	$0
SIDNEY LIANG	DIRECTOR	0.00	Director	$0	$0	$0
ZELMA LYONS-KHADAR	VICE CHAIR	0.00	Director	$0	$0	$0
THAO LAN	5TH EXECUTIVE, CLERK	0.00	Director	$0	$0	$0
LESLIE BRIONES	DIRECTOR	0.00	Director	$0	$0	$0
BRANDY DAILEY	DIRECTOR	0.00	Director	$0	$0	$0
GEORGE RAMIREZ	DIRECTOR	0.00	Director	$0	$0	$0
SHAMIR ROVERA-QUINTAL	DIRECTOR OF OPERATIONS	0.00	Director	$0	$0	$0
ELKIN MONTOYA	DIRECTOR	0.00	Director	$0	$0	$0
CLARE GUNTHER	DIRECTOR	0.00	Director	$0	$4,585	$127,739
DAN RIVERA	CEO	40.00	Officer	$0	$4,336	$94,400
RYAN FARIA	CFO	40.00	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
2024	$342,547	$293,610	$2,097,629	$48,937
2023	$313,310	$346,224	$2,065,477	$-32,914
2022	$304,548	$289,807	$2,094,323	$14,741
2021	$279,208	$271,593	$2,076,790	$7,615
2020	$258,264	$255,898	$2,022,221	$2,366
2019	$251,855	$245,196	$2,008,415	$6,659
2018	$243,028	$548,735	$2,158,576	$-305,707

ACRE TRIANGLE COMMUNITY DEVELOPMENT CORPORATION