QUALITY HOUSING DEVELOPMENT CORPORATION

EIN: 330748145 501(c)(3) Housing & Shelter

AUBURN, CA

Total Revenue
$-56,242
Total Expenses
$102,342
Total Assets
$3,641,620
Net Assets
$2,754,250
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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
1997
Legal Domicile
CA
Principal Officer
JAMIE EULBERG
Phone
5308887097
Tax Period
2023-01-01 to 2023-12-31

QUALITY HOUSING DEVELOPMENT CORPORATION, founded in 1997, is a micro nonprofit in the Housing & Shelter sector that reported $56K in total revenue in fiscal year 2023. Revenue fell 102% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HOUSING FOR VERY LOW, LOW, AND MODERATE INCOME PEOPLE.

Program Service Accomplishments

Program 1
Expenses: $101,007 Revenue: $70,265

PROVIDED HOUSING AND RENTAL ASSISTANCE TO VERY LOW, LOW, AND MODERATE INCOME PEOPLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $70,265
Investment Income $2,626
Other Revenue $-129,133
TOTAL REVENUE $-56,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $57,174
Fundraising Expenses $0
Program Expenses $101,007
Other Expenses $45,168
TOTAL EXPENSES $102,342

Year-over-Year Comparison

2023 2022 Change
Revenue $-56,242 $2,998,837 -1.0%
Expenses $102,342 $86,934 +0.2%
Net Income $-158,584 $2,911,903 -1.1%
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
6
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$57,174
Total Directors
6
$57,174
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIE EULBERG Vice President 26.00
Officer Director
$33,174 $0 $33,174
MARK EULBERG CEO/Exec. Dir. 5.00
Officer Director
$24,000 $0 $24,000
JENNA MADRIGAL BOARD MEMBER 1.00
Director
$0 $0 $0
Morgan Lucas Board Member 1.00
Officer Director
$0 $0 $0
JENNIFER FRANCO CFO 1.00
Officer Director
$0 $0 $0
TANYA RANDALL Secretary 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
2024 No data No data No data No data
2023 $-56,242 $102,342 $3,641,620 $-158,584
2022 $2,998,837 $86,934 $3,526,665 $2,911,903
2022 $128,807 $86,934 $384,365 $41,873
2021 $29,877 $64,761 $274,444 $-34,884
2020 $164,332 $143,775 $302,171 $20,557
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