HISPANIC HOUSING DEVELOPMENT CORPORATION (EIN 362889871) - 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

1975

Legal Domicile

Principal Officer

HIPOLITO ROLDAN

Phone

3126026500

Tax Period

2023-01-01 to 2023-12-31

HISPANIC HOUSING DEVELOPMENT CORPORATION, founded in 1975, is a mid-sized nonprofit that reported $10.5M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $12.7M exceeded revenue, resulting in a 21% operating deficit.

Mission

NEIGHBORHOOD DEVELOPMENT THROUGH AFFORDABLE HOUSING AND OTHER REAL ESTATE PROJECTS.

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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 $839,371

Program Service Revenue $7,464,348

Investment Income $1,757,217

Other Revenue $399,030

TOTAL REVENUE $10,459,966

Expense Breakdown

Grants Paid $19,791

Salaries & Benefits $5,673,220

Fundraising Expenses $16,193

Program Expenses $10,877,971

Other Expenses $6,972,759

TOTAL EXPENSES $12,665,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,459,966	$13,523,028	-0.2%
Expenses	$12,665,770	$11,634,195	+0.1%
Net Income	$-2,205,804	$1,888,833	-2.2%

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

343

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

$974,297

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL SLADE	CHAIRMAN	0.20	Officer Director	$0	$0	$0
HANK MENDOZA	VICE CHAIRMAN	0.20	Officer Director	$0	$0	$0
RICHARD FIGUEROA	TREASURER	0.20	Officer Director	$0	$0	$0
SOL FLORES	SECRETARY	0.20	Officer Director	$0	$0	$0
CHUCK FREIHEIT	DIRECTOR	0.20	Director	$0	$0	$0
LARITZA LOPEZ	DIRECTOR	0.20	Director	$0	$0	$0
ROSA Y ORTIZ	DIRECTOR	0.20	Director	$0	$0	$0
TERRENCE YOUNG	DIRECTOR	0.20	Director	$0	$0	$0
HIPOLITO ROLDAN	PRESIDENT	38.00	Officer	$548,231	$66,520	$614,751
LAURA SELBY	COO	38.00	Officer	$299,089	$60,457	$359,546
STEPHEN PORRAS	VICE-PRESIDENT	38.00	Highest	$210,040	$31,498	$241,538
MARITZA HERNANDEZ	CONTROLLER	38.00	Highest	$149,712	$37,814	$187,526
CHRISTIAN RODRIGUEZ	VICE-PRESIDENT	38.00	Highest	$148,429	$26,486	$174,915
SHERI TUCKER	DIRECTOR OF PUBLIC HOUSING	38.00	Highest	$152,220	$10,399	$162,619
EMMANUEL KINARD	VICE-PRESIDENT	38.00	Highest	$144,568	$23,133	$167,701

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	$10,459,966	$12,665,770	$70,053,505	$-2,205,804
2022	$13,523,028	$11,634,195	$75,402,939	$1,888,833
2021	$15,154,061	$11,391,351	$88,735,655	$3,762,710
2020	$14,699,474	$9,303,958	$81,486,628	$5,395,516
2019	$6,905,111	$8,182,746	$52,613,994	$-1,277,635
2018	$13,476,242	$7,674,770	$48,955,589	$5,801,472

HISPANIC HOUSING DEVELOPMENT CORPORATION