The Pennsylvania Assoc of Housing and Redev Agenc

EIN: 232018033

New Florence, PA

Total Revenue
$320,853
Total Expenses
$371,845
Total Assets
$229,878
Net Assets
$209,074
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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
1967
Legal Domicile
PA
Principal Officer
Kelly Hicks
Tax Period
2023-10-01 to 2024-09-30

The Pennsylvania Assoc of Housing and Redev Agenc, founded in 1967, is a small nonprofit that reported $321K in total revenue in fiscal year 2023. Expenses of $372K exceeded revenue, resulting in a 16% operating deficit.

Mission

To Disseminate information relating to housing and community development (HCD); to study and analyze national, state and local legislation affecting HCD; provide a channel for the frequent exchange of experience with operating problems.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $52,245
Program Service Revenue $256,268
Investment Income $4,105
Other Revenue $8,235
TOTAL REVENUE $320,853

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $321,920
Other Expenses $359,845
TOTAL EXPENSES $371,845

Year-over-Year Comparison

2023 2022 Change
Revenue $320,853 $323,771 0.0%
Expenses $371,845 $348,425 +0.1%
Net Income $-50,992 $-24,654 +1.1%
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

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Governance

Voting Members
15
Independent Members
15
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
5
$115,908
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelly Hicks Executive Director 40.00
Officer
$115,908 $0 $115,908
Sharon Leon Board Member 1.00
Director
$0 $0 $0
Holly Nogay Board Member 1.00
Director
$0 $0 $0
Andrew French Board Member 1.00
Director
$0 $0 $0
Sean Sember Board Member 1.00
Director
$0 $0 $0
Erik Spiegel Board Member 1.00
Director
$0 $0 $0
Regina Mitchell Board Member 1.00
Director
$0 $0 $0
Brad Kanuch Board Member 1.00
Director
$0 $0 $0
Barbara Wilson Executive Board Member 1.00
Director
$0 $0 $0
Denise G Miller Board Member 1.00
Director
$0 $0 $0
Ed Primm Board Member 1.00
Director
$0 $0 $0
Renee Daly Executive Board Member 1.00
Director
$0 $0 $0
Danielle Powell First Vice President 1.00
Officer Director
$0 $0 $0
Alicia A Zazzera Treasurer 1.00
Officer Director
$0 $0 $0
Penny Campbell Secretary 1.00
Officer Director
$0 $0 $0
Patrick Mack President 1.00
Officer 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
2024 $320,853 $371,845 $229,878 $-50,992
2023 $323,771 $348,425 $239,808 $-24,654
2022 $296,207 $274,601 $252,635 $21,606
2021 $282,995 $277,214 $302,508 $5,781
2020 $241,013 $217,506 $231,196 $23,507
2019 $268,033 $301,269 $245,546 $-33,236
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