SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION OF RANCHO CUCAMONGA (EIN 330702994) - 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

TOM PENTOLINO

Phone

9094832444

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION OF RANCHO CUCAMONGA, founded in 1996, is a mid-sized nonprofit in the Housing & Shelter sector that reported $13.6M in total revenue in fiscal year 2023. Net assets of $39.4M represent 35 months of operating reserves.

Mission

PROVIDING AFFORDABLE RENTAL HOUSING THAT EMPOWERS LOW-INCOME RESIDENTS AND CHANGES COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $100,506

Program Service Revenue $13,018,213

Investment Income $58,059

Other Revenue $392,511

TOTAL REVENUE $13,569,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,533,195

Fundraising Expenses $0

Program Expenses $9,203,740

Other Expenses $13,278,986

TOTAL EXPENSES $14,812,181

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,569,289	$13,407,588	+0.0%
Expenses	$14,812,181	$13,093,618	+0.1%
Net Income	$-1,242,892	$313,970	-5.0%

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

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

$979,985

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARMANDO BUCELO JR ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES DCASHION	BOARD MEMBER	1.00	Director	$0	$0	$0
GAVIN MICHAEL CLINGHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
LAWRENCE VAN NOY	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA KURTZ KUHNS	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN G LARSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFFREY BURUM	INTERIM CEO, BOARD CHAIR	1.00	Officer Director	$0	$0	$0
RAYMOND CREBS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN MOLLOHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN BREMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT DIAZ	EXECUTIVE VP/SECRETARY/GENERAL COUNSEL	0.90	Officer	$0	$20,727	$267,382
MICHAEL FINN	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$30,000	$241,472
MICHAEL RUANE	EXECUTIVE VICE PRESIDENT	1.00	Officer	$0	$26,000	$244,230
DORETTA BRYAN	ASSISTANT SECRETARY	1.70	Officer	$0	$22,732	$153,438
DEVIN WRIGHT	ASSISTANT SECRETARY	2.30	Officer	$0	$0	$73,463

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	$13,569,289	$14,812,181	$44,026,071	$-1,242,892
2022	$13,407,588	$13,093,618	$45,481,461	$313,970
2021	$11,969,013	$12,839,409	$47,199,427	$-870,396
2020	$11,585,700	$11,230,137	$48,792,975	$355,563
2019	$12,466,046	$9,291,043	$48,936,489	$3,175,003
2018	$10,794,138	$8,951,077	$47,857,644	$1,843,061

SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION OF RANCHO CUCAMONGA