BLOOMFIELD, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BLOOMFIELD SENIOR CITIZENS HOUSING FELICITY TOWERS, founded in 1968, is a micro nonprofit in the Housing & Shelter sector that reported $11K in total revenue in fiscal year 2025. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $625K exceeded revenue, resulting in a 5746% operating deficit.
THE ORGANIZATION OWNED A 148-UNIT APARTMENT BUILDING THAT WAS SUBSIDIZED BY THE NEW JERSEY HOUSING & MORTGAGE FINANCE AGENCY AND THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT TO PROVIDE ELDERLY INDIVIDUALS WITH LOW AND MODERATE INCOME HOUSING AT AN AFFORDABLE RATE.THE ORGANIZATION SOLD THE BUILDING IN 2023 AND THE PROCEEDS OF THE SALE ARE BEING USED TO SUPPORT OTHER TAX-EXEMPT 501(C)(3) ORGANIZATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $10,693 | $67,096 | -0.8% |
| Expenses | $625,112 | $1,539,750 | -0.6% |
| Net Income | $-614,419 | $-1,472,654 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREGG BURNETT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALAN LAQUAGLIA | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBBIE AGENS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRED MENZIL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM PELAIA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DANNY BITECOLA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CELESTE GAGLIARDI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $10,693 | $625,112 | $8,154 | $-614,419 |
| 2024 | $67,096 | $1,539,750 | $622,573 | $-1,472,654 |
| 2023 | $2,439,755 | $1,887,550 | $2,095,227 | $552,205 |
| 2022 | $2,197,733 | $2,013,182 | $5,418,766 | $184,551 |
| 2021 | $2,055,806 | $1,753,840 | $5,442,698 | $301,966 |
| 2020 | $2,097,407 | $1,729,217 | $5,394,438 | $368,190 |
| 2019 | $2,032,211 | $1,698,903 | $5,134,801 | $333,308 |
| 2018 | $2,037,712 | $1,746,352 | $5,067,130 | $291,360 |
Compare BLOOMFIELD SENIOR CITIZENS HOUSING FELICITY TOWERS with other nonprofits in New Jersey and across the country.