HOUSING DEVELOPMENT CORP OF NORTHUMBERLAND COUNTY (EIN 233021535) - 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

2000

Legal Domicile

Principal Officer

EDWARD P CHRISTIANO

Phone

5707428797

Tax Period

2025-01-01 to 2025-12-31

HOUSING DEVELOPMENT CORP OF NORTHUMBERLAND COUNTY, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $779K in total revenue in fiscal year 2025. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $320K, a strong 41% operating margin.

Mission

The organization obtains funds to renovate buildings to provide Low-Income Affordable Housing to participants at or below medium income levels.

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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 (2025)

Revenue Breakdown

Contributions & Grants $204,367

Program Service Revenue $0

Investment Income $184,182

Other Revenue $389,994

TOTAL REVENUE $778,543

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,611

Fundraising Expenses $0

Program Expenses $379,739

Other Expenses $438,324

TOTAL EXPENSES $458,935

Year-over-Year Comparison

	2025	2024	Change
Revenue	$778,543	$1,825,256	-0.6%
Expenses	$458,935	$1,619,735	-0.7%
Net Income	$319,608	$205,521	+0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT MASSER	DIRECTOR	N/A	Director	$0	$0	$0
CYNTHIA MARCINEK	DIRECTOR	N/A	Director	$0	$0	$0
STEVE ROUSH	CHAIRMAN	N/A	Officer	$0	$0	$0
JOSEPH GUBERNOT	VICE-CHAIRMAN	N/A	Officer	$0	$0	$0
FRANK MARCINEK	SECRETARY/TREASURER	N/A	Officer	$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	$778,543	$458,935	$3,902,223	$319,608
2024	$1,825,256	$1,619,735	$3,576,990	$205,521
2023	$1,098,795	$270,331	$3,371,271	$828,464
2022	$933,998	$448,086	$2,542,807	$485,912
2021	$424,425	$288,694	$2,056,895	$135,731
2020	$1,146,742	$615,151	$1,921,164	$531,591
2019	$746,345	$744,931	$1,389,078	$1,414
2018	$293,095	$187,375	$1,387,664	$105,720

HOUSING DEVELOPMENT CORP OF NORTHUMBERLAND COUNTY