MIRIAM AND ROBERT M RIEDER HOUSE I… - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

AVA GOLDMAN

Phone

2156736446

Tax Period

2023-09-01 to 2024-08-31

MIRIAM AND ROBERT M RIEDER HOUSE INC, founded in 1985, is a micro nonprofit in the Housing & Shelter sector that reported $21K in total revenue in fiscal year 2023. The organization ran a surplus of $20K, a strong 93% operating margin.

Mission

OUR MISSION IS TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW-INCOME SENIORS WHO ARE ABLE TO SUSTAIN THEMSELVES IN AN INDEPENDENT LIVING ENVIRONMENT, TO CREATE FACILITIES WHERE OUR RESIDENTS CAN RESIDE AND SOCIALIZE WHILE MAINTAINING A HIGH QUALITY OF LIFE AND ACTIVITY, AND TO HAVE OUR FACILITIES AVAILABLE TO AS MANY SENIORS AS POSSIBLE BY DEVELOPING ADDITIONAL BUILDINGS IN PHILADELPHIA AND THE SURROUNDING SUBURBS.

Program Service Accomplishments

Program 1

NO EXPENSES TO REPORT

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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 $0

Program Service Revenue $0

Investment Income $21,471

Other Revenue $0

TOTAL REVENUE $21,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,485

TOTAL EXPENSES $1,485

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,471	$21,391	+0.0%
Expenses	$1,485	$486	+2.1%
Net Income	$19,986	$20,905	0.0%

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

$290,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY WEINSTEIN	PRESIDENT	10.00	Officer Director	$0	$0	$0
MICHAEL DAVIDSON ESQ	TREASURER	5.00	Officer Director	$0	$0	$0
GARY RUBIN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MITCHELL GOLDENBERG	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
KAREN COHEN	SECRETARY	5.00	Officer Director	$0	$0	$0
ROSLYN POLLACK	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD GREEN	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN FREEDMAN ESQ	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL STEINBERG	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN FELDMAN	DIRECTOR	1.00	Director	$0	$0	$0
JEROME HELLMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOSH ROSENBLOOM	DIRECTOR	1.00	Director	$0	$0	$0
JERRY SOKOLOW	DIRECTOR	1.00	Director	$0	$0	$0
JASON MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
FRANK PODIETZ	DIRECTOR	1.00	Director	$0	$0	$0
FRANCINE TABAS	DIRECTOR	1.00	Director	$0	$0	$0
FLORRIE FISHER	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM LANDSBURG ESQ	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN WEISS	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH GERSHEN GENNELLO	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN SALIGMAN	DIRECTOR	1.00	Director	$0	$0	$0
AVA GOLDMAN	DIRECTOR	1.00	Director	$0	$0	$0
ALAN LINDY	DIRECTOR	1.00	Director	$0	$0	$0
JEROME GLICKMAN	DIRECTOR	1.00	Director	$0	$0	$0
AVALIE SAPERSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
JB REIBSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CASSWAY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT GOLDSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
SAUL REIBSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
MARK LEVINSON	DIRECTOR	1.00	Director	$0	$0	$0
RADA LASITSA	DIRECTOR	1.00	Director	$0	$0	$0
RYAN SPAK	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER TINTENFASS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC NAFTULIN	EXECUTIVE DIRECTOR	1.00	Officer	$0	$23,138	$290,175

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	$21,471	$1,485	$772,556	$19,986
2023	$21,391	$486	$773,770	$20,905
2022	$22,937	$2,432	$775,065	$20,505
2021	$22,339	$1,726	$774,760	$20,613
2020	$20,943	$394	$797,147	$20,549
2019	$21,013	$1,137	$776,598	$19,876
2018	$41,044	$27,857	$797,936	$13,187

MIRIAM AND ROBERT M RIEDER HOUSE INC