Altenheim Properties Inc (EIN 341968851) - Form 990 Financial Analysis & Trantor Score

🔒

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

2001

Legal Domicile

Principal Officer

DAVID KNOWLES

Phone

4402383361

Tax Period

2023-01-01 to 2023-12-31

Mission

TO HOLD TITLE AND MAINTAIN REAL PROPERTY FOR THE EXCLUSIVE BENEFIT OF, AND TO CARRY OUT THE PURPOSES OF, THE WEST SIDE DEUTSCHER FRAUEN VEREIN DBA THE ALTENHEIM.

🔒

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 (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 $2,329,116

Other Expenses $2,419,299

TOTAL EXPENSES $2,419,299

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$221,351	-1.0%
Expenses	$2,419,299	$2,490,195	0.0%
Net Income	N/A	$-2,268,844	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

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

$284,397

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL PSOTA	CEO	8.0	Officer	$0	$33,428	$284,397
JOHN KEDZIOR	SECRETARY	0.25	Officer Director	$0	$0	$0
TAMMY HASELEY	DIRECTOR	0.1	Director	$0	$0	$0
DAVID KNOWLES	PRESIDENT	0.25	Officer Director	$0	$0	$0
NORBERT MANZ	SECOND VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
STEVE SARTSCHEV	TREASURER	0.2	Officer Director	$0	$0	$0
BRIGITTE WARD	DIRECTOR	0.1	Director	$0	$0	$0
SUE RIEDTHALER	DIRECTOR	0.1	Director	$0	$0	$0
BARRY ZIMMERMAN	FIRST VICE PRESIDENT	0.5	Officer Director	$0	$0	$0
ED OLIVEROS	DIRECTOR	0.25	Director	$0	$0	$0
KARL HELFRICH	DIRECTOR	0.2	Director	$0	$0	$0
JIM KAMINSKI	DIRECTOR	0.2	Director	$0	$0	$0
GERALD BALINT	DIRECTOR	0.2	Director	$0	$0	$0
DEBBIE BRASSELL	DIRECTOR	0.1	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	No data	$2,419,299	$38,354,015	No data
2022	$221,351	$2,490,195	$38,038,691	$-2,268,844
2021	No data	$2,554,927	$37,905,163	No data
2020	No data	$2,652,146	$39,485,334	No data
2019	No data	$2,723,102	$40,988,598	No data
2018	No data	$2,217,652	$41,656,409	No data

Altenheim Properties Inc