HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE (EIN 251209938) - 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

1966

Legal Domicile

Principal Officer

MATTHEW GOOD

Phone

8144533333

Tax Period

2022-07-01 to 2023-06-30

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE, founded in 1966, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 9% surplus.

Mission

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE (HANDS) MAKES STRONGER AND MORE VIBRANT NEIGHBORHOODS IN PARTNERSHIP WITH THE COMMUNITIES IT SERVES THROUGH THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE 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 (2022)

Revenue Breakdown

Contributions & Grants $96,098

Program Service Revenue $1,411,598

Investment Income $155,426

Other Revenue $2,118,565

TOTAL REVENUE $3,781,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,194,365

Fundraising Expenses $0

Program Expenses $3,078,175

Other Expenses $1,235,019

TOTAL EXPENSES $3,429,384

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,781,687	$2,914,341	+0.3%
Expenses	$3,429,384	$2,863,254	+0.2%
Net Income	$352,303	$51,087	+5.9%

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

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

$105,794

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM STEGER	DIRECTOR	2.00	Director	$0	$0	$0
SHARON RICHARDSON	CHAIR	2.00	Officer Director	$0	$0	$0
SISTER MARIANNE STUCKERT	SECRETARY	2.00	Officer Director	$0	$0	$0
ANNETTE FRANKLIN	DIRECTOR	2.00	Director	$0	$0	$0
MIKE JARUSZEWICZ	DIRECTOR	2.00	Director	$0	$0	$0
CINDY STONE	TREASURER	2.00	Officer Director	$0	$0	$0
JOE BLOOMSTINE	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA GRUCZA	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CINDY BROWN	DIRECTOR	2.00	Director	$0	$0	$0
ALMITRA CLERKIN	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE HARKINS	DIRECTOR	2.00	Director	$0	$0	$0
JANE KIRK	DIRECTOR	2.00	Director	$0	$0	$0
JOHN VILLA	DIRECTOR	2.00	Director	$0	$0	$0
JOHN VANTASSEL	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW GOOD	PRESIDENT/CEO	60.00	Officer	$100,978	$4,816	$105,794

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	No data	No data	No data	No data
2023	$3,781,687	$3,429,384	$14,182,664	$352,303
2022	$2,914,341	$2,863,254	$14,055,017	$51,087
2021	$2,837,679	$2,904,313	$14,050,825	$-66,634
2020	$3,195,449	$2,876,006	$13,677,109	$319,443
2019	$2,195,711	$2,310,952	$14,657,815	$-115,241
2018	$2,131,239	$2,201,276	$12,368,518	$-70,037

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICE