ALBANY COMMUNITY LAND TRUST (EIN 222908723) - 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

1987

Legal Domicile

Principal Officer

SUSAN COTNER

Phone

5184261296

Tax Period

2023-01-01 to 2023-12-31

ALBANY COMMUNITY LAND TRUST, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 12% surplus.

Mission

PRESERVING AND MAINTAINING AFFORDABLE HOUSING FOR LOW INCOME AND DISADVANTAGED INDIVIDUALS AND FAMILIES IN ALBANY, NEW YORK.

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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 $532,154

Program Service Revenue $566,041

Investment Income $36,443

Other Revenue $20,912

TOTAL REVENUE $1,155,550

Expense Breakdown

Grants Paid $268,500

Salaries & Benefits $8,612

Fundraising Expenses $0

Program Expenses $952,064

Other Expenses $745,312

TOTAL EXPENSES $1,022,424

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,155,550	$1,054,157	+0.1%
Expenses	$1,022,424	$1,189,348	-0.1%
Net Income	$133,126	$-135,191	-2.0%

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

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

$8,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
METORCERY WILSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES WAUGAMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTHA CODIO	BOARD MEMBER	1.00	Director	$0	$0	$0
NISHAEA RICHARDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA BLUNT-BEY	BOARD MEMBER	1.00	Director	$0	$0	$0
APRECIA CABEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
HERB MCLAUGHLIN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NEIL HANNAN	TREASURER	2.00	Officer Director	$0	$0	$0
ROGER MARKOVICS	SECRETARY	10.00	Officer Director	$0	$0	$0
SUSAN COTNER	EXECUTIVE DIRECTOR	20.00	Officer	$8,000	$0	$8,000

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
2024	No data	No data	No data	No data
2023	$1,155,550	$1,022,424	$3,586,111	$133,126
2022	$1,054,157	$1,189,348	$3,293,149	$-135,191
2021	$1,189,520	$914,989	$3,279,832	$274,531
2020	$1,245,859	$1,140,760	$2,980,928	$105,099
2019	$1,056,937	$780,540	$2,799,356	$276,397
2018	$759,142	$713,517	$2,787,168	$45,625

ALBANY COMMUNITY LAND TRUST