HOMESTEAD ENTERPRISE HOUSING INC (EIN 351929988) - 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

1978

Legal Domicile

Principal Officer

MARIA CARMEN PANIAGUA

Phone

2199893265

Tax Period

2023-01-01 to 2023-12-31

Mission

OUR MISSION IS TO ACQUIRE, REHABILITATE, DEVELOP, OR SELL HOMES TO LOW AND MODERATE INCOME FAMILIES TO ASSURE AFFORDABLE HOUSING.

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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 $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 $35,875

Other Expenses $435,581

TOTAL EXPENSES $435,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$7,872	-1.0%
Expenses	$435,581	$322,713	+0.3%
Net Income	N/A	$-314,841	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

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

$131,859

Total Directors

$288,258

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA CARMEN PANIAGUA	EXECUTIVE DIRECTOR/PRESIDENT	20.00	Officer Director	$0	$15,107	$131,234
BARBARA STANLEY	BOARD MEMBER	0.25	Director	$0	$9,466	$83,423
DAVID JASINSKI	BOARD MEMBER	0.25	Director	$0	$8,223	$71,726
SHARON SZANY	BOARD MEMBER	0.25	Director	$0	$0	$0
TOM DABERTIN	VICE PRESIDENT	0.25	Officer Director	$0	$0	$625
RICHARD MASSOELS	BOARD MEMBER	0.25	Director	$0	$0	$625
MARTY WIELGOS	BOARD MEMBER	0.25	Director	$0	$0	$625

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	$435,581	$1,597,620	No data
2022	$7,872	$322,713	$1,325,109	$-314,841
2021	$2,021	$243,626	$1,457,141	$-241,605
2020	$123	$192,075	$1,735,779	$-191,952
2019	$123	$163,592	$2,041,985	$-163,469
2018	$122	$499,161	$2,490,249	$-499,039
2017	$981,012	$244,649	$3,191,253	$736,363

HOMESTEAD ENTERPRISE HOUSING INC