OH SOUNDVIEW AVENUE HOUSING DEVELOPMENT FUND CORPORATION (EIN 274062272) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

PETER PROVET

Phone

2123611625

Tax Period

2022-07-01 to 2023-06-30

OH SOUNDVIEW AVENUE HOUSING DEVELOPMENT FUND CORPORATION, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $981K in total revenue in fiscal year 2022. The organization ran a surplus of $719K, a strong 73% operating margin.

Mission

ASSIST IN DEVELOPMENT AND CONSTRUCTION OF LOW INCOME HOUSING.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $658,964

Program Service Revenue $0

Investment Income $321,941

Other Revenue $0

TOTAL REVENUE $980,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $261,592

Other Expenses $261,592

TOTAL EXPENSES $261,592

Year-over-Year Comparison

	2022	2021	Change
Revenue	$980,905	$980,947	0.0%
Expenses	$261,592	$275,540	-0.1%
Net Income	$719,313	$705,407	+0.0%

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

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

$1,430,977

Total Directors

$1,430,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER PROVET	PRESIDENT	N/A	Officer Director	$0	$87,582	$562,977
JOHN TAVOLACCI	SECRETARY	N/A	Officer Director	$0	$84,491	$446,794
DURGA VALLABHANENI	TREASURER	N/A	Officer Director	$0	$84,554	$421,206

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	No data	No data	No data	No data
2023	$980,905	$261,592	$13,944,590	$719,313
2022	$980,947	$275,540	$13,623,840	$705,407
2021	$980,540	$289,000	$13,303,048	$691,540
2020	$981,469	$301,989	$12,982,661	$679,480
2019	$981,063	$314,524	$12,661,345	$666,539
2018	$981,099	$326,620	$12,340,436	$654,479

OH SOUNDVIEW AVENUE HOUSING DEVELOPMENT FUND CORPORATION