THE RIESE ST GERARD HOUSING CORP (EIN 222832510) - 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

1986

Legal Domicile

Principal Officer

REV MARC A MANCINI

Phone

9733890420

Tax Period

2024-10-01 to 2025-09-30

THE RIESE ST GERARD HOUSING CORP, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $425K in total revenue in fiscal year 2024. Net assets of $941K represent 27 months of operating reserves.

Mission

THE CORPORATION OWNS AND MANAGES A 31-UNIT SENIOR HOUSING PROJECT IN PATERSON, NJ. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.

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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 $418,700

Investment Income $4,824

Other Revenue $1,494

TOTAL REVENUE $425,018

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,424

Fundraising Expenses $0

Program Expenses $412,740

Other Expenses $347,876

TOTAL EXPENSES $467,300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$425,018	$407,896	+0.0%
Expenses	$467,300	$465,322	+0.0%
Net Income	$-42,282	$-57,426	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV MARC A MANCINI	PRESIDENT	10.00	Officer Director	$0	$0	$0
REV MSGR HERBERT K TILLYER	DIRECTOR	1.00	Director	$0	$0	$0
DEACON JOSEPH A PUSKAS	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH DUFFY	SECRETARY	1.00	Officer Director	$0	$0	$0
ANDREW F MCBRIDE III ESQ	DIRECTOR	1.00	Director	$0	$0	$0
DEACON PETER CISTARO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS BURNS	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS P BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
LYNN E GAFFNEY	DIRECTOR	1.00	Director	$0	$0	$0
DEACON MARC MACKIN	TREASURER	5.00	Officer Director	$0	$0	$0
PATRICK MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
SR MAUREEN SHAUGHNESSY SC	DIRECTOR	1.00	Director	$0	$0	$0
DEACON GREGORY J SZPUNAR	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY DENOVA	DIRECTOR	1.00	Director	$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	$425,018	$467,300	$1,005,380	$-42,282
2024	$407,896	$465,322	$1,017,670	$-57,426
2023	$391,943	$427,243	$1,072,543	$-35,300
2022	$386,006	$449,028	$1,132,962	$-63,022
2021	$374,336	$407,535	$1,167,557	$-33,199
2020	$360,482	$400,434	$1,200,769	$-39,952
2019	$345,514	$393,966	$1,238,067	$-48,452
2018	$336,526	$444,220	$1,292,116	$-107,694

THE RIESE ST GERARD HOUSING CORP