RETAIL STORE EMPLOYEES BUILDING CORPORATION (EIN 237134096) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

JOHN FRAHM

Phone

4082945380

Tax Period

2024-01-01 to 2024-12-31

RETAIL STORE EMPLOYEES BUILDING CORPORATION, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 98% operating margin.

Mission

RETAIL STORE EMPLOYEES BUILDING CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION WAS FORMED TO PROVIDE RENTAL HOUSING AND RELATED FACILITIES OR THE ELDERLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND WHICH WILL CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.A PARTNERSHIP PURCHASED THE PROJECT AND RETAIL STORE EMPLOYEES BUILDING CORPORATION NOW FUNDS CASA DEL PUEBLO PRESERVATION LIMITED PARTNERSHIP VIA A SELLER SURPLUS CASH NOTE. THE MAIN PURPOSE OF THIS ENTITY ON A GO FORWARD BASIS WILL TO BE A FINANCING ARM OF THE LOW INCOME HOUSING PROJECT THROUGH THE PARTNERSHIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $465,053

Investment Income $605,402

Other Revenue $0

TOTAL REVENUE $1,070,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,391

Other Expenses $23,391

TOTAL EXPENSES $23,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,070,455	$582,807	+0.8%
Expenses	$23,391	$102	+228.3%
Net Income	$1,047,064	$582,705	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON LIND	DIRECTOR	1.00	Director	$0	$0	$0
JOHN FRAHM	PRESIDENT	1.00	Officer Director	$0	$0	$0
HUASCAR CASTRO	BOARD MEMBER	1.00	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	$1,070,455	$23,391	$35,630,259	$1,047,064
2023	$582,807	$102	$34,583,195	$582,705
2022	$530,341	$7,390	$34,000,490	$522,951
2021	$571,097	$83	$33,477,539	$571,014
2020	$565,591	$6,083	$32,906,525	$559,508
2019	$566,253	$6,000	$32,359,017	$560,253
2018	$578,008	$6,105	$31,792,764	$571,903

RETAIL STORE EMPLOYEES BUILDING CORPORATION