COLUMBUS PROPERTY MANAGEMENT AND DEVELOPMENT INC (EIN 232747707) - 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

1991

Legal Domicile

Principal Officer

THOMAS AK QUEENAN

Phone

2155578408

Tax Period

2024-07-01 to 2025-06-30

COLUMBUS PROPERTY MANAGEMENT AND DEVELOPMENT INC, founded in 1991, is a mid-sized nonprofit in the Housing & Shelter sector that reported $26.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $29.0M exceeded revenue, resulting in a 10% operating deficit.

Mission

CPM PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND MANAGEMENT IN THE MID-ATLANTIC REGION.

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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 $25,871,701

Investment Income $59,852

Other Revenue $305,189

TOTAL REVENUE $26,236,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,427,686

Fundraising Expenses $0

Program Expenses $23,595,073

Other Expenses $12,532,408

TOTAL EXPENSES $28,960,094

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,236,742	$28,585,163	-0.1%
Expenses	$28,960,094	$30,208,348	0.0%
Net Income	$-2,723,352	$-1,623,185	+0.7%

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

255

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

$1,078,537

Total Directors

$338,933

Key Employees

$918,709

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS QUEENAN	PRESIDENT & CHIEF EXECUTIVE OFFICER	11.50	Officer Director	$328,568	$10,365	$338,933
TERRY BOOKER	TREASURER	0.00	Officer Director	$0	$0	$0
MIKE DAVIDSON	CHAIRPERSON	0.00	Officer Director	$0	$0	$0
LIANNA PETROSKI	VICE CHAIRPERSON	0.00	Officer Director	$0	$0	$0
MICHAEL SIMMONS	SECRETARY	0.00	Officer Director	$0	$0	$0
EDWARD BARNETT	BOARD MEMBER	0.00	Director	$0	$0	$0
SHAY DUGAN	BOARD MEMBER	0.00	Director	$0	$0	$0
CAITLIN GOSSEN	BOARD MEMBER	0.00	Director	$0	$0	$0
JAMES KILCOYNE	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN MANEVAL	BOARD MEMBER	0.00	Director	$0	$0	$0
LEIGH WITAKER	BOARD MEMBER	0.00	Director	$0	$0	$0
BERVERLY WOODS	BOARD MEMBER	0.00	Director	$0	$0	$0
CHIP DARLING	VICE PRESIDENT, CHIEF OPERATING OFFICER	11.50	Officer	$203,203	$31,255	$234,458
MARK DEITCHER	VICE PRESIDENT, CHIEF FINANCIAL OFFICER	11.50	Officer	$219,534	$33,814	$253,348
ROBERT KWAIT	VICE PRESIDENT, ASSISTANT SECRETARY	11.50	Officer	$220,088	$31,710	$251,798
MOIRA ROONEY	SENIOR VICE PRESIDENT, FUNDRAISING & COMMUNICATION	11.50	Key Emp	$185,772	$18,619	$204,391
JOYCE TRACY	SENIOR VICE PRESIDENT,PROPERTY MANAGEMENT	11.50	Key Emp	$243,216	$17,315	$260,531
WILLIAM WALKER JR	DIRECTOR OF CONSTRUCTION	37.50	Key Emp	$165,268	$5,603	$170,871
SARAH CONSTANT	REAL ESTATE DEVELOPMENT	11.50	Key Emp	$0	$32,490	$282,916
MICHON CONNELL	VICE PRESIDENT, ACCOUNTING & REPORTING	11.50	Highest	$156,812	$17,509	$174,321
DENEEN HOOKER	DIRECTOR OF HUMAN RESOURCES	11.50	Highest	$131,074	$16,839	$147,913
KYLA WEISMAN BAYER	SENIOR DEVELOPMENT MANAGER	37.50	Highest	$152,163	$28,874	$181,037
ZEMRUSHE SHABIU	REGIONAL MANAGER	37.50	Highest	$121,216	$32,228	$153,444

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	$26,236,742	$28,960,094	$32,209,583	$-2,723,352
2024	No data	No data	No data	No data
2023	$26,859,137	$31,472,465	$28,249,566	$-4,613,328
2022	$32,547,451	$32,272,029	$31,017,577	$275,422
2021	$36,581,885	$36,732,997	$30,446,777	$-151,112
2020	$27,715,825	$27,692,886	$26,158,929	$22,939
2019	$18,399,952	$19,353,909	$22,666,540	$-953,957
2018	$16,773,973	$16,612,956	$21,330,969	$161,017

COLUMBUS PROPERTY MANAGEMENT AND DEVELOPMENT INC