METROPOLITAN HOUSING DEVELOPMENT CORP (EIN 362657340) - 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

1968

Legal Domicile

Principal Officer

RICHARD GONZALEZ

Phone

3122369673

Tax Period

2024-07-01 to 2025-06-30

METROPOLITAN HOUSING DEVELOPMENT CORP, founded in 1968, is a micro nonprofit in the Community Improvement sector that reported $64K in total revenue in fiscal year 2024. Revenue surged 1279% from the prior year, signaling strong growth momentum. Expenses of $104K exceeded revenue, resulting in a 62% operating deficit.

Mission

TO PROVIDE HOUSING FACILITIES FOR PERSONS OF LOW AND MODERATE INCOME

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,138

Other Revenue $63,112

TOTAL REVENUE $64,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,639

Fundraising Expenses $0

Program Expenses $78,586

Other Expenses $43,724

TOTAL EXPENSES $104,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,250	$4,659	+12.8%
Expenses	$104,363	$142,078	-0.3%
Net Income	$-40,113	$-137,419	-0.7%

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

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

$250,000

Total Directors

$250,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD GONZALEZ	PRESIDENT	20.00	Officer Director	$50,000	$0	$250,000
F WILLIS CARUSO	CHAIRMAN	0.00	Officer Director	$0	$0	$0
DIANA ROSARIO	SECRETARY/TREASURER	0.00	Officer Director	$0	$0	$0
J DAMIAN ORTIZ	DIRECTOR	0.00	Director	$0	$0	$0
ROBERT LOPEZ	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTINA SALDANA	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTOPHER FRIIS	DIRECTOR	0.00	Director	$0	$0	$0
SCOTT MCKIBBEN	DIRECTOR	0.00	Director	$0	$0	$0
HONG VO	DIRECTOR	0.00	Director	$0	$0	$0
ROSA ESCARENO	DIRECTOR	0.00	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
2025	$64,250	$104,363	$1,528,681	$-40,113
2024	$4,659	$142,078	$1,568,924	$-137,419
2023	$97,051	$248,110	$1,477,984	$-151,059
2022	$79,374	$454,708	$1,710,587	$-375,334
2021	$827,639	$276,885	$2,115,492	$550,754
2020	$31,298	$977,822	$1,390,689	$-946,524
2019	$1,317,223	$363,496	$2,414,426	$953,727

METROPOLITAN HOUSING DEVELOPMENT CORP