DECRO BETA CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

TED HANDEL

Phone

4246034586

Tax Period

2021-01-01 to 2021-12-31

Mission

THE CORPORATION IS TO PROVIDE AFFORDABLE, SAFE, AND WELL-MAINTAINED HOUSING AND SERVICES FOR LOW-INCOME FAMILIES AND SENIORS.

Program Service Accomplishments

Program 1

Expenses: $869 Revenue: $0

THE ORGANIZATION OWNED A NON-MANAGING MEMBERSHIP INTEREST IN BRANDYWOOD HOLDINGS, LLC. BRANDYWOOD HOLDINGS, LLC IS A FLORIDA LIMITED LIABILITY COMPANY, WHICH OWNS AN AFFORDABLE HOUSING PROJECT FOR...

THE ORGANIZATION OWNED A NON-MANAGING MEMBERSHIP INTEREST IN BRANDYWOOD HOLDINGS, LLC. BRANDYWOOD HOLDINGS, LLC IS A FLORIDA LIMITED LIABILITY COMPANY, WHICH OWNS AN AFFORDABLE HOUSING PROJECT FOR LOW AND VERY LOW-INCOME INDIVIDUALS AND FAMILIES KNOWN AS THE BRANDYWOOD APARTMENTS LOCATED IN ORLANDO, FLORIDA. THE INTEREST WAS ASSIGNED ON NOVEMBER 18, 2020.THE ORGANIZATION OWNED A SINGLE MEMBER LLC, AS THE SOLE MEMBER INTEREST IN DECRO BETA DUNWOODIE LLC. DECRO BETA DUNWOODIE LLC IS A FLORIDA LIMITED LIABILITY COMPANY THAT OWNS AN AFFORDABLE HOUSING PROJECT FOR LOW AND VERY LOW-INCOME INDIVIDUALS AND FAMILIES KNOWN AS THE DUNWOODIE PLACE APARTMENTS LOCATED IN ORLANDO, FLORIDA. AS OF OCTOBER 27, 2017 THE DUNWOODIE PLACE APARTMENTS WERE SOLD. THE MANAGEMENT OF THE ORGANIZATION IS CURRENTLY INVOLVED IN DEVELOPING REPLACEMENT APARTMENT PROJECTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $869

Other Expenses $869

TOTAL EXPENSES $869

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	$50,717	-1.0%
Expenses	$869	$1,467,064	-1.0%
Net Income	N/A	$-1,416,347	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$241,990

Total Directors

Key Employees

$203,875

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIL RICHMAN	CHAIR	1.00	Officer Director	$0	$0	$0
CHRISTIAN VON MERKATZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ALEXANDER J NWEEIA	TREASURER	1.00	Officer Director	$0	$0	$0
RANDY WIREBAUGH	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL PIEROTH	DIRECTOR	1.00	Director	$0	$0	$0
J WARREN AVERY	DIRECTOR	1.00	Director	$0	$0	$0
KYLA LEE	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA RIOS	DIRECTOR	1.00	Director	$0	$0	$0
TED HANDEL	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$6,300	$241,990
LAURA VANDEWEGHE	CHIEF INNOVATION OFFICER	0.20	Key Emp	$0	$0	$203,875
ERIN FOREMAN	SENIOR PROJECT MANAGER	0.20	Highest	$0	$0	$123,900
EMMANUEL CHOICE	ASSET MANAGER	0.20	Highest	$0	$0	$108,880

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
2021	No data	$869	No data	No data
2020	$50,717	$1,467,064	$-2,011,434	$-1,416,347
2019	$130,220	$242,416	$-595,221	$-112,196
2018	$48,215	$134,429	$3,141,169	$-86,214