CORTVIEW VILLAGE

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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

1977

Legal Domicile

Principal Officer

BARRY MAZARIK

Phone

3306381919

Tax Period

2024-01-01 to 2024-12-31

CORTVIEW VILLAGE, founded in 1977, is a small nonprofit in the Housing & Shelter sector that reported $432K in total revenue in fiscal year 2024.

Mission

LOW INCOME RENTAL HOUSING.

Program Service Accomplishments

Program 1

Expenses: $387,097

OPERATION AND MAINTENANCE OF 96 LOW INCOME HOUSING UNITS AS PROVIDED UNDER US DEPARTMENT OF AGRICULTURE

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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 $424,886

Investment Income $701

Other Revenue $6,795

TOTAL REVENUE $432,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,918

Fundraising Expenses $0

Program Expenses $387,097

Other Expenses $343,705

TOTAL EXPENSES $428,623

Year-over-Year Comparison

	2024	2023	Change
Revenue	$432,382	$435,644	0.0%
Expenses	$428,623	$472,752	-0.1%
Net Income	$3,759	$-37,108	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE BUCCO	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN DAVID	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
HARVEY FEENSTRA	DIRECTOR	2.00	Director	$0	$0	$0
JIM GORSE	DIRECTOR	2.00	Director	$0	$0	$0
BASIL JARRETT	DIRECTOR	2.00	Director	$0	$0	$0
BILL LOWTHER	DIRECTOR	2.00	Director	$0	$0	$0
DARLA LOYCHIK	MANAGER	40.00	Director	$0	$0	$0
BARRY MAZARIK	PRESIDENT	2.00	Officer Director	$0	$0	$0
JANICE WINANS	TREASURER	2.00	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	No data	No data	No data	No data
2024	$432,382	$428,623	$776,430	$3,759
2023	$435,644	$472,752	$793,482	$-37,108
2022	$444,414	$418,932	$870,912	$25,482
2021	$446,277	$452,251	$901,334	$-5,974
2020	$447,352	$482,479	$958,777	$-35,127
2019	$441,805	$443,462	$1,045,728	$-1,657
2018	$425,765	$429,118	$1,126,077	$-3,353