MIDDLETOWN REDEVELOPMENT CORPORATION (EIN 311475930) - 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

1996

Legal Domicile

Principal Officer

RICHARD KOLBER

Phone

7326712990

Tax Period

2018-07-01 to 2019-06-30

MIDDLETOWN REDEVELOPMENT CORPORATION, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $31K in total revenue in fiscal year 2018. Revenue surged 798% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10K, a strong 32% operating margin.

Mission

DEVELOP LOW AND MODERATE 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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $31,056

Other Revenue $0

TOTAL REVENUE $31,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $20,991

TOTAL EXPENSES $20,991

Year-over-Year Comparison

	2018	2017	Change
Revenue	$31,056	$3,459	+8.0%
Expenses	$20,991	$22,040	0.0%
Net Income	$10,065	$-18,581	-1.5%

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
ANTHONY BRUNO	VICE PRESIDENT	1.00	Director	$0	$0	$0
RICHARD KOLBER	PRESIDENT	1.00	Director	$0	$0	$0
EDWARD SKELLY	TRUSTEE	1.00	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
2019	$31,056	$20,991	$3,170,596	$10,065

MIDDLETOWN REDEVELOPMENT CORPORATION