JACKMAN HOUSING CORPORATION

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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

1973

Legal Domicile

Principal Officer

LINDA GRIFFIN

Phone

2077752325

Tax Period

2025-01-01 to 2025-12-31

JACKMAN HOUSING CORPORATION, founded in 1973, is a small nonprofit that reported $176K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $198K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING TO ELDERLY

Program Service Accomplishments

Program 1

Expenses: $155,377 Revenue: $97,557

THE ORGANIZATION OPERATES A 16 UNIT LOW INCOME AND ELDERLY HOUSING PROJECT

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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 $77,346

Program Service Revenue $97,557

Investment Income $261

Other Revenue $530

TOTAL REVENUE $175,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,383

Fundraising Expenses $0

Program Expenses $155,377

Other Expenses $175,178

TOTAL EXPENSES $197,561

Year-over-Year Comparison

	2025	2024	Change
Revenue	$175,694	$154,382	+0.1%
Expenses	$197,561	$185,187	+0.1%
Net Income	$-21,867	$-30,805	-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

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	Role	Reportable Comp	Other Comp	Total
LINDA GRIFFIN	PRESIDENT	Officer Director	$0	$0	$0
KAREN FINNEGAN	TREASURER	Officer Director	$0	$0	$0
JASON BENNETT	VICE PRESIDENT	Officer Director	$0	$0	$0
BEVERLY HUGHEY	SECRETARY	Officer 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
2025	$175,694	$197,561	$863,010	$-21,867
2024	No data	No data	No data	No data
2023	$134,918	$136,469	$856,484	$-1,551
2022	$119,668	$196,275	$843,030	$-76,607
2022	$119,668	$196,275	$843,030	$-76,607
2021	$117,470	$145,098	$886,409	$-27,628
2020	$114,957	$102,034	$917,545	$12,923
2019	$114,922	$115,459	$903,095	$-537
2018	$113,325	$113,415	$902,000	$-90