HOMES FOR HEROES INC

EIN: 264526324 501(c)(3)

PEARL RIVER, NY

Total Revenue
$403,768
Total Expenses
$540,736
Total Assets
$6,958,023
Net Assets
$2,426,078
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
LEON FISHMAN
Phone
8457350515
Tax Period
2025-01-01 to 2025-12-31

HOMES FOR HEROES INC, founded in 2009, is a small nonprofit that reported $404K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $541K exceeded revenue, resulting in a 34% operating deficit.

Mission

PROVIDE SAFE, DIGNIFIED AND SUPPORTIVE RENTAL APARTMENTS FOR VETERANS WHO ARE DISABLED OR DISPLACED IN THE SERVICE OF THE UNITED STATES OF AMERICA

Program Service Accomplishments

Program 1
Expenses: $527,233

SUPPORTIVE HOUSING INITIATIVE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $129,415
Program Service Revenue $269,676
Investment Income $4,677
Other Revenue $0
TOTAL REVENUE $403,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $527,233
Other Expenses $540,736
TOTAL EXPENSES $540,736

Year-over-Year Comparison

2025 2024 Change
Revenue $403,768 $432,834 -0.1%
Expenses $540,736 $462,935 +0.2%
Net Income $-136,968 $-30,101 +3.6%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN GRAY Director 1.00
Director
$0 $0 $0
TOM MICELLI President 1.00
Officer Director
$0 $0 $0
GEORGE RATH Director 1.00
Director
$0 $0 $0
MARK CARLO Director 1.00
Director
$0 $0 $0
WILLIAM WARREN Treasurer 1.00
Officer Director
$0 $0 $0
JOHN MANIFOLD Director 1.00
Director
$0 $0 $0
MONICA TOSCANO Secretary 1.00
Director
$0 $0 $0
SUSAN BRANAM Vice President 1.00
Director
$0 $0 $0
DANIEL ANFANG Director 1.00
Director
$0 $0 $0
EMILY KLINKENBORG Director 1.00
Director
$0 $0 $0
LEON FISHMAN CFO 0.00
Officer
$0 $0 $0
RONALD SIGNORE CEO 0.00
Officer
$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 $403,768 $540,736 $6,958,023 $-136,968
2024 $432,834 $462,935 $7,039,748 $-30,101
2023 $655,401 $202,419 $6,759,296 $452,982
2022 $118,589 $155,805 $3,833,171 $-37,216
2021 $249,812 $150,926 $2,186,624 $98,886
2020 $137,715 $159,300 $2,060,592 $-21,585
2019 $280,101 $163,530 $2,080,657 $116,571
2018 $154,944 $173,774 $1,954,185 $-18,830
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOMES FOR HEROES INC with other nonprofits in New York and across the country.