CREEK HOUSING CORPORATION (EIN 237259558) - 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

1971

Legal Domicile

Principal Officer

STEVEN R SHAW

Phone

3156827001

Tax Period

2024-04-01 to 2025-03-31

CREEK HOUSING CORPORATION, founded in 1971, is a small nonprofit in the Housing & Shelter sector that reported $727K in total revenue in fiscal year 2024. Net assets of $1.7M represent 28 months of operating reserves.

Mission

LOW INCOME HOUSING

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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 $693,096

Investment Income $9,913

Other Revenue $24,016

TOTAL REVENUE $727,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $272,652

Fundraising Expenses $0

Program Expenses $684,092

Other Expenses $442,133

TOTAL EXPENSES $714,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$727,025	$715,850	+0.0%
Expenses	$714,785	$724,157	0.0%
Net Income	$12,240	$-8,307	-2.5%

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

$91,357

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA NARDELLA	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVEN R SHAW	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN HANSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM MURPHY	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES DAVOLI	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN VIVENZIO	MANAGER	40.00	Officer	$80,317	$11,040	$91,357

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	$727,025	$714,785	$1,788,965	$12,240
2024	$715,850	$724,157	$1,767,038	$-8,307
2023	$704,044	$690,427	$1,773,514	$13,617
2022	$705,162	$622,427	$1,756,912	$82,735
2021	$704,716	$616,509	$1,675,799	$88,207
2020	$705,711	$612,807	$1,587,897	$92,904
2019	$687,469	$585,152	$1,490,685	$102,317

CREEK HOUSING CORPORATION