HOUSING ADVANTAGE INC

EIN: 272862603 501(c)(3) Crime & Legal

ROCHESTER, NY

Total Revenue
$1,045,000
Total Expenses
$825
Total Assets
$1,131,558
Net Assets
$1,131,558
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Principal Officer
MICHAEL ZAZZARA
Phone
5853251450
Tax Period
2023-01-01 to 2023-12-31

HOUSING ADVANTAGE INC, founded in 2010, is a community nonprofit in the Crime & Legal sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $1.0M, a strong 100% operating margin.

Mission

TO IMPROVE THE LIVES OF LOW AND MODERATE INCOME PEOPLE BY PROVIDING SPECIFICALLY WITH THEIR BASIC NEED OF AFFORDABLE, SAFE, CLEAN, SANITARY, AFFORDABLE HOUSING AND SUPPORT SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,025,000
Program Service Revenue $20,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,045,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $825
TOTAL EXPENSES $825

Year-over-Year Comparison

2023 2022 Change
Revenue $1,045,000 N/A N/A
Expenses $825 N/A N/A
Net Income $1,044,175 $0 N/A
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
6
Independent Members
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE BENSON PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL ZAZZARA TREASURER 0.50
Officer Director
$0 $0 $0
SANDI BURROUGHS SECRETARY 0.50
Officer Director
$0 $0 $0
SARAH STRUZZI VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MICHAEL FLANIGAN BOARD MEMBER 0.50
Director
$0 $0 $0
AMY E GRANDE BOARD MEMBER 0.50
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
2024 No data No data No data No data
2023 $1,045,000 $825 $1,131,558 $1,044,175
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