176 SOUTH EIGHTH STREET APT HSG DEV FUND (EIN 262418657) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Phone

7187226150

Tax Period

2024-07-01 to 2025-06-30

176 SOUTH EIGHTH STREET APT HSG DEV FUND, founded in 2008, is a small nonprofit that reported $322K in total revenue in fiscal year 2024. Net assets of $902K represent 34 months of operating reserves.

Mission

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND MANAGING HOUSING PROJECTS FOR PERSONS OF LOW INCOME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $288,738

Investment Income $25,998

Other Revenue $7,335

TOTAL REVENUE $322,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $346,389

Other Expenses $334,773

TOTAL EXPENSES $334,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322,071	$315,360	+0.0%
Expenses	$334,773	$434,385	-0.2%
Net Income	$-12,702	$-119,025	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$1,307,824

Total Directors

$1,493,958

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DESIREE A JACKSON-FRYSON	SECRETARY	0.1	Officer Director	$0	$36,263	$226,655
JEANNE M DIULIO	PRESIDENT	0.2	Officer Director	$0	$26,716	$224,002
MARTIN A SUSSMAN	TREASURER	0.1	Officer Director	$0	$52,414	$203,455
MARY HURSON	VICE PRESIDENT	0.1	Officer Director	$0	$30,316	$231,378
DESIREE M BARBERIO	DIRECTOR	0.1	Director	$0	$32,755	$191,039
RICHARD SLIZESKI	DIRECTOR	0.1	Director	$0	$23,481	$199,064
SAMIRA ALIEVA	DIRECTOR	0.1	Director	$0	$40,650	$218,365
CHRISTINE D'OTTAVIO	CFO	0.2	Officer	$0	$36,759	$325,584
REV MSGR ALFRED P LOPINTO	CEO	0.2	Officer	$0	$12,769	$49,769
VERY REV PATRICK KEATING	DEPUTY CEO	0.2	Officer	$0	$1,981	$46,981

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	$322,071	$334,773	$3,439,903	$-12,702
2024	$315,360	$434,385	$3,411,023	$-119,025
2023	$307,110	$374,590	$3,684,413	$-67,480
2022	$295,406	$284,689	$3,777,018	$10,717
2021	$307,986	$308,641	$3,735,542	$-655
2020	$312,749	$270,128	$3,776,512	$42,621
2019	$310,217	$297,805	$3,673,902	$12,412
2018	$306,039	$323,412	$3,645,497	$-17,373

176 SOUTH EIGHTH STREET APT HSG DEV FUND