MONTEFIORE HOUSING CORPORATION (EIN 311501393) - 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

Diane Liliestedt

Phone

4405434221

Tax Period

2022-07-01 to 2023-06-30

MONTEFIORE HOUSING CORPORATION, founded in 1996, is a mid-sized nonprofit in the Housing & Shelter sector that reported $10.0M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $11.9M exceeded revenue, resulting in a 19% operating deficit.

Mission

The Weils provides the finest in residential, nursing, and dementia care, with services and amenities at the highest standards of excellence. The Weils is dedicated to enhancing the distinctive lifestyle of its residents above all. The Weils' staff of healthcare professionals is committed to helping residents promote and maintain their physical, emotional, mental, and spiritual health and independence.

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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 $781,346

Program Service Revenue $9,238,018

Investment Income $336

Other Revenue $0

TOTAL REVENUE $10,019,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,804,621

Fundraising Expenses $0

Program Expenses $9,146,541

Other Expenses $6,096,759

TOTAL EXPENSES $11,901,380

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,019,700	$9,001,605	+0.1%
Expenses	$11,901,380	$11,752,631	+0.0%
Net Income	$-1,881,680	$-2,751,026	-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

Governance

Voting Members

Independent Members

Employees

186

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

$1,277,036

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Newbrough	President & CEO thru 2/21/23	30	Officer	$0	$30,687	$677,372
Brenda Satterfield	Chief Financial Officer thru 5/26/23	30	Officer	$0	$28,663	$386,381
Diane Liliestedt	President & COO as of 2/22/23	30	Officer	$0	$8,712	$213,283
Nicole Gandee	Administrator	40	Highest	$108,776	$9,612	$118,388
Jennifer Marinelli	LPN	40	Highest	$107,483	$978	$108,461
Alec Berezin	Trustee	1	Director	$0	$0	$0
Patti Berns	Trustee	1	Director	$0	$0	$0
Alan Blumenthal	Trustee	1	Director	$0	$0	$0
Ken Bravo	Trustee	1	Director	$0	$0	$0
Howard Danzinger	Trustee	1	Director	$0	$0	$0
Howard Epstein	Secretary	2	Officer Director	$0	$0	$0
Greg Marcus	Associate Treasurer	2	Officer Director	$0	$0	$0
Ira Kaplan	Trustee	1	Director	$0	$0	$0
Judy Kaufman	Trustee	1	Director	$0	$0	$0
Noreen Koppelman-Goldstein	Trustee	1	Director	$0	$0	$0
Robert Kwait	Trustee	1	Director	$0	$0	$0
Keith Libman	Trustee	1	Director	$0	$0	$0
William Lieberman	Trustee	1	Director	$0	$0	$0
Peter Meisel	Trustee	1	Director	$0	$0	$0
Lisa Michel	Trustee	1	Director	$0	$0	$0
Beth Rosenberg	Past Board Chair	2	Officer Director	$0	$0	$0
Enid Rosenberg	Trustee	1	Director	$0	$0	$0
Marc Silverstein	Vice Chair	2	Officer Director	$0	$0	$0
Harry Singer	Board Chair	20	Officer Director	$0	$0	$0
Cathy Stamler	Trustee	1	Director	$0	$0	$0
Neil Tramer	Trustee	1	Director	$0	$0	$0
Adam Wieder	Trustee	1	Director	$0	$0	$0
Judy Willensky	Vice Chair	2	Officer Director	$0	$0	$0
Larry Mack	Trustee	1	Director	$0	$0	$0
Ken Marblestone	Foundation President	2	Director	$0	$0	$0
Fay Margarenten-Gross	Trustee	1	Director	$0	$0	$0
Cameron Orlean	Trustee	1	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	$10,019,700	$11,901,380	$18,477,166	$-1,881,680
2022	$9,001,605	$11,752,631	$18,976,566	$-2,751,026
2021	$10,033,797	$10,940,556	$22,016,331	$-906,759
2020	$11,400,486	$11,196,098	$19,742,607	$204,388
2019	$10,550,482	$10,556,955	$19,028,786	$-6,473
2018	$10,670,219	$10,664,791	$19,624,030	$5,428

MONTEFIORE HOUSING CORPORATION