BERKSHIRE COMMUNITY APARTMENTS INC

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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

2004

Legal Domicile

Phone

4134994241

Tax Period

2024-07-01 to 2025-06-30

BERKSHIRE COMMUNITY APARTMENTS INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $206K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $237K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE DISABLED.

Program Service Accomplishments

Program 1

Expenses: $200,682

THE ORGANIZATION PROVIDES 11 UNITS OF HOUSING FOR THE DISABLED UNDER SECTION 811. RENTAL ASSISTANCE IS AVAILABLE FOR EACH UNIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $206,256

Investment Income $76

Other Revenue $0

TOTAL REVENUE $206,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,926

Fundraising Expenses $0

Program Expenses $200,682

Other Expenses $194,443

TOTAL EXPENSES $237,369

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,332	$173,016	+0.2%
Expenses	$237,369	$182,440	+0.3%
Net Income	$-31,037	$-9,424	+2.3%

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

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGG LEVANTE	Treasurer	0.50	Officer Director	$0	$0	$0
CLEMENTINA MONTELEONE	CLERK	0.50	Officer Director	$0	$0	$0
DAVID CIANFLONE	President	1.00	Officer 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	$206,332	$237,369	$1,621,228	$-31,037
2024	$173,016	$182,440	$1,675,220	$-9,424
2023	$128,311	$168,331	$1,681,059	$-40,020
2022	$220,636	$170,869	$1,702,766	$49,767
2021	$132,595	$195,303	$1,738,882	$-62,708
2020	$130,871	$171,736	$1,797,851	$-40,865
2019	$131,707	$169,588	$1,820,987	$-37,881