Joseph Michalowski Housing Corporation (EIN 263618867) - 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

Principal Officer

Cheryl Kilmer

Phone

7607211706

Tax Period

2023-07-01 to 2024-06-30

Joseph Michalowski Housing Corporation, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $109K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $141K exceeded revenue, resulting in a 30% operating deficit.

Mission

Provide Housing to Six Developmentally Disabled Adults.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $97,028

Program Service Revenue $11,819

Investment Income $3

Other Revenue $0

TOTAL REVENUE $108,850

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,553

Other Expenses $141,037

TOTAL EXPENSES $141,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,850	$123,081	-0.1%
Expenses	$141,037	$156,992	-0.1%
Net Income	$-32,187	$-33,911	-0.1%

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

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

$357,515

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cheryl Kilmer	President	1.00	Officer	$0	$0	$203,891
William Mara	Secretary/Treas	1.00	Officer	$0	$0	$153,624
Jean James	Member	1.00	Director	$0	$0	$0
Amy Sbertoli	Member	1.00	Director	$0	$0	$0
Laura Kauffman	Member	1.00	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	$108,850	$141,037	$1,015,995	$-32,187
2023	$123,081	$156,992	$1,053,857	$-33,911
2022	$106,249	$138,346	$1,103,465	$-32,097
2021	$88,093	$119,693	$1,153,339	$-31,600

Joseph Michalowski Housing Corporation