PARK RIDGE HOUSING INC (EIN 222570457) - 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

ERIC BIEBER MD

Phone

5859221595

Tax Period

2019-01-01 to 2019-12-31

PARK RIDGE HOUSING INC, founded in 1981, is a micro nonprofit that reported $67K in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $61K, a strong 90% operating margin.

Mission

PARK RIDGE HOUSING, INC. IS AN AFFILIATE OF THE SYSTEM. THE MISSION OF PARK RIDGE HOUSING, INC. IS TO PROVIDE INDEPENDENT LIVING FACILITIES TO MEET THE SPECIAL HOUSING NEEDS OF THE SENIOR POPULATION IN MONROE COUNTY AND SURROUNDING AREA AND TO PROMOTE THEIR GENERAL WELFARE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $67,446

Other Revenue $0

TOTAL REVENUE $67,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,486

TOTAL EXPENSES $6,486

Year-over-Year Comparison

	2019	2018	Change
Revenue	$67,446	$17,721,281	-1.0%
Expenses	$6,486	$2,914,976	-1.0%
Net Income	$60,960	$14,806,305	-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

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

$9,929,618

Total Directors

$3,640,011

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL R NUCCITELLI	CHAIR OF THE BOARD	1.00	Officer Director	$0	$0	$0
LEONARD OLIVIERI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID RIEDMAN	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC BIEBER MD	CEO	0.00	Officer Director	$0	$1,217,087	$3,640,011
ROBERT S SANDS	SECRETARY	1.00	Officer Director	$0	$0	$0
THOMAS CRILLY	CFO	0.00	Officer	$0	$535,741	$1,359,840
ROBERT NESSELBUSH	COO	0.00	Officer	$0	$1,301,293	$3,282,711
HUGH THOMAS	CAO	0.00	Officer	$0	$611,973	$1,647,056
WARREN HERN	FORMER CEO	0.00		$0	$0	$250,000

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
2019	$67,446	$6,486	No data	$60,960
2018	$17,721,281	$2,914,976	$6,573,437	$14,806,305

PARK RIDGE HOUSING INC