HANCOCK COMMUNITY HOUSING INC

🔒

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

MICHAEL STONER

Phone

4194228111

Tax Period

2023-01-01 to 2023-12-31

HANCOCK COMMUNITY HOUSING INC, founded in 2001, is a small nonprofit that reported $146K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE AFFORDABLE HOUSING IN HANCOCK COUNTY FOR THE OCCUPANCY BY PERSONS FROM THE COUNTY INCLUDING PERSONS WITH DISABILITIES.

Program Service Accomplishments

Program 1

Expenses: $145,671 Revenue: $110,458

31 AFFORDABLE HOUSING RENTAL UNITS PROVIDED IN HANCOCK COUNTY FOR THE OCCUPANCY BY 31 PERSONS FROM THE COUNTY INCLUDING PERSONS WITH DISABILITIES.

🔒

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 $35,744

Program Service Revenue $110,458

Investment Income $167

Other Revenue $0

TOTAL REVENUE $146,369

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $145,671

Other Expenses $145,671

TOTAL EXPENSES $145,671

Year-over-Year Comparison

	2023	2022	Change
Revenue	$146,369	$224,370	-0.3%
Expenses	$145,671	$169,948	-0.1%
Net Income	$698	$54,422	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL STONER	PRESIDENT	2.00	Officer Director	$0	$0	$0
PHIL ROONEY	VICE PRES/SE	2.00	Officer Director	$0	$0	$0
BETTY WINDLE	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHELLE RACHEL	BOARD MEMBER	2.00	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
2023	$146,369	$145,671	No data	$698
2022	$224,370	$169,948	$1,318,127	$54,422
2021	$244,488	$154,171	$1,280,351	$90,317
2020	$173,459	$133,193	$1,095,782	$40,266