MENORAH PARK GROUP RESIDENCES INC

EIN: 262639157 501(c)(3) Housing & Shelter

SYRACUSE, NY

Total Revenue
$514,650
Total Expenses
$486,467
Total Assets
$372,925
Net Assets
$183,425
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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
2008
Legal Domicile
NY
Principal Officer
MICHAEL RILEY
Phone
3154469111
Tax Period
2024-01-01 to 2024-12-31

MENORAH PARK GROUP RESIDENCES INC, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $515K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $486K left a modest 5% surplus.

Mission

TO PROVIDE HOUSING AND SUPPORT SERVICES TO HANDICAPPED INDIVIDUALS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,830
Program Service Revenue $499,420
Investment Income $400
Other Revenue $0
TOTAL REVENUE $514,650

Expense Breakdown

Grants Paid $0
Salaries & Benefits $370,756
Fundraising Expenses $0
Program Expenses $456,867
Other Expenses $115,711
TOTAL EXPENSES $486,467

Year-over-Year Comparison

2024 2023 Change
Revenue $514,650 $431,411 +0.2%
Expenses $486,467 $484,543 +0.0%
Net Income $28,183 $-53,132 -1.5%
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

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Governance

Voting Members
8
Independent Members
8
Employees
7
Volunteers
21

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
5
$455,735
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RABBI MOSHE SAKS DIRECTOR 1.00
Director
$0 $0 $0
JON MALOFF TREASURER 1.00
Officer Director
$0 $0 $0
FRANN ALPERT DIRECTOR 1.00
Director
$0 $0 $0
JENN FERMAN DIRECTOR 1.00
Director
$0 $0 $0
ELLEN WEINSTEIN VICE PRESIDENT/SECRETARY 1.00
Officer Director
$0 $0 $0
XUEYI CHEN DIRECTOR 1.00
Director
$0 $0 $0
MARLENE HOLSTEIN DIRECTOR 1.00
Director
$0 $0 $0
FRAN CIARDULLO PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL RILEY CFO 1.00
Officer
$0 $6,681 $173,699
RUSSELL D'AMICO CEO 1.00
Officer
$0 $10,848 $282,036
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
2024 $514,650 $486,467 $372,925 $28,183
2023 $431,411 $484,543 $290,051 $-53,132
2022 $475,408 $503,663 $322,655 $-28,255
2021 $435,897 $421,503 $331,907 $14,394
2020 $388,106 $387,970 $357,458 $136
2019 $428,372 $373,260 $376,604 $55,112
2018 $398,158 $347,532 $394,647 $50,626
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