NORTHFIELD HOUSING DEVELOPMENT FUND CORPORATION

EIN: 331062640 501(c)(3) Housing & Shelter

FAIRPORT, NY

Total Revenue
N/A
Total Expenses
$335,845
Total Assets
$2,999,650
Net Assets
$-4,197,406
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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
2003
Legal Domicile
NY
Principal Officer
NEIL CAVALIERI
Phone
5853771810
Tax Period
2023-04-01 to 2024-03-31

Mission

TO DEVELOP HOUSING FOR SENIOR CITIZENS AND PERSONS OF LOW INCOME IN MONROE COUNTY, NEW YORK.

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $335,845
Other Expenses $335,845
TOTAL EXPENSES $335,845

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $405,000 -1.0%
Expenses $335,845 $375,093 -0.1%
Net Income N/A $29,907 N/A
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
7
Independent Members
6
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM POELMA Vice President 1.00
Officer Director
$0 $0 $0
CHRIS MARIANO Treasurer 1.00
Officer Director
$0 $0 $0
JEAN LOWE Director 1.00
Director
$0 $0 $0
CLAYTON CLOEN Director 1.00
Director
$0 $0 $0
WAYNE LOOMIS Director 1.00
Director
$0 $0 $0
MIKE MAENZA Director 1.00
Director
$0 $0 $0
NEIL CAVALIERI Vice President 1.00
Officer
$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 $335,845 $2,999,650 No data
2023 $405,000 $375,093 $3,789,872 $29,907
2022 $358,206 $556,815 $4,036,503 $-198,609
2021 $405,150 $574,051 $4,234,725 $-168,901
2020 $392,853 $532,809 $4,450,219 $-139,956
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