Albert Einstein College of Medicine Student Housing Co Inc

EIN: 237075620

BRONX, NY

Total Revenue
$8,357,484
Total Expenses
$8,851,601
Total Assets
$38,795,897
Net Assets
$-13,251,372
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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
1969
Legal Domicile
NY
Phone
9143498474
Tax Period
2022-07-01 to 2023-06-30

Albert Einstein College of Medicine Student Housing Co Inc, founded in 1969, is a community nonprofit that reported $8.4M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE STUDENT HOUSING TO MEDICAL STUDENTS OF ALBERT EINSTEIN COLLEGE OF MEDICINE SO THAT THEY CAN RESIDE NEAR THE COLLEGE.

Program Service Accomplishments

Program 1

ALBERT EINSTEIN COLLEGE OF MEDICINE STUDENT HOUSING CO., INC. IS A TITLE-HOLDING COMPANY, EXEMPT UNDER IRC SECTION 501(C)(2), THAT OWNS AND OPERATES HOUSING AND RELATED FACILITIES FOR STUDENTS AND...

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ALBERT EINSTEIN COLLEGE OF MEDICINE STUDENT HOUSING CO., INC. IS A TITLE-HOLDING COMPANY, EXEMPT UNDER IRC SECTION 501(C)(2), THAT OWNS AND OPERATES HOUSING AND RELATED FACILITIES FOR STUDENTS AND STAFF MEMBERS OF THE ALBERT EINSTEIN COLLEGE OF MEDICINE, A SECTION 501(C)(3) ORGANIZATION, WHOSE MISSION IS TO ADVANCE BASIC SCIENCE, HEALTH-RELATED AND TRANSLATIONAL RESEARCH IN THE PUBLIC INTEREST, TRAIN ETHICAL COMPASSIONATE PHYSICIANS AND FACILITATE MEDICAL EDUCATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,480,239
Investment Income $69,474
Other Revenue $807,771
TOTAL REVENUE $8,357,484

Expense Breakdown

Grants Paid $0
Salaries & Benefits $679,492
Fundraising Expenses $0
Program Expenses $0
Other Expenses $8,172,109
TOTAL EXPENSES $8,851,601

Year-over-Year Comparison

2022 2021 Change
Revenue $8,357,484 $7,479,708 +0.1%
Expenses $8,851,601 $8,146,619 +0.1%
Net Income $-494,117 $-666,911 -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

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Governance

Voting Members
3
Independent Members
N/A
Employees
3
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
3
$5,167,442
Total Directors
3
$5,167,442
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY 0.5
Officer Director
$0 $41,124 $1,898,457
N/A TREASURER 2.0
Officer Director
$0 $262,210 $1,347,831
N/A PRESIDENT 1.0
Officer Director
$0 $53,022 $1,921,154
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 No data No data No data No data
2024 No data No data No data No data
2023 $8,357,484 $8,851,601 $38,795,897 $-494,117
2022 $7,479,708 $8,146,619 $39,362,891 $-666,911
2021 $6,828,997 $7,580,132 $37,908,103 $-751,135
2020 $6,745,650 $7,522,773 $37,261,468 $-777,123
2019 $6,916,917 $7,690,047 $37,543,858 $-773,130
2018 $7,298,183 $7,744,270 $36,190,856 $-446,087
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