NATIONAL CHURCH RESIDENCES OF GRANVILLE HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 311132675 501(c)(3)

COLUMBUS, OH

Total Revenue
$502,844
Total Expenses
$469,797
Total Assets
$1,764,176
Net Assets
$29,350
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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
1985
Legal Domicile
NY
Principal Officer
SEAN ALEXANDER
Phone
6144512151
Tax Period
2024-08-01 to 2025-07-31

NATIONAL CHURCH RESIDENCES OF GRANVILLE HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1985, is a small nonprofit that reported $503K in total revenue in fiscal year 2024. Expenses of $470K left a modest 7% surplus.

Mission

PROVIDE HOUSING FOR LOW AND MODERATE INCOME PERSONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $323,091
Program Service Revenue $175,111
Investment Income $-266
Other Revenue $4,908
TOTAL REVENUE $502,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $412,869
Other Expenses $469,797
TOTAL EXPENSES $469,797

Year-over-Year Comparison

2024 2023 Change
Revenue $502,844 $482,498 +0.0%
Expenses $469,797 $432,724 +0.1%
Net Income $33,047 $49,774 -0.3%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
7
$2,611,373
Total Directors
6
$1,384,244
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW D RULE PRESIDENT 0.10
Officer Director
$0 $48,755 $579,239
SONYA BROWN VICE PRESIDENT 0.10
Officer Director
$0 $44,001 $482,725
JILL KOLB TREASURER 0.10
Officer Director
$0 $42,628 $322,280
GREG COMFORT DIRECTOR: THROUGH 12/31/24 0.10
Director
$0 $0 $0
TINGTING LI DIRECTOR: THROUGH 12/31/24 0.10
Director
$0 $0 $0
ROBERT MALONEY DIRECTOR: THROUGH 12/31/24 0.10
Director
$0 $0 $0
JULIE M WOOLLEY SECRETARY 0.10
Officer
$0 $28,845 $490,006
ROBERT S WALTER VICE PRESIDENT: THROUGH 06/30/24 0.10
Officer
$0 $24,996 $435,707
ERIC WALKER VICE PRESIDENT 0.10
Officer
$0 $35,444 $301,416
SEAN ALEXANDER VICE PRESIDENT: EFFECTIVE 01/01/25 0.10
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 $502,844 $469,797 $1,764,176 $33,047
2024 $482,498 $432,724 $1,779,154 $49,774
2023 $461,178 $431,497 $1,775,930 $29,681
2022 $435,611 $440,273 $1,810,388 $-4,662
2021 $438,790 $417,112 $1,837,527 $21,678
2020 $420,744 $448,066 $1,855,150 $-27,322
2019 $414,306 $397,774 $1,935,804 $16,532
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