NHS REDEVELOPMENT CORPORATION (EIN 363014600) - 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

TOM SAKOS

Phone

7738950750

Tax Period

2024-04-01 to 2025-03-31

NHS REDEVELOPMENT CORPORATION, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $833K, a strong 52% operating margin.

Mission

STRENGTHEN NEIGHBORHOODS AND PROVIDE HIGH-QUALITY, AFFORDABLE HOUSING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME FAMILIES BY DEVELOPING PROPERTIES THROUGHOUT THE CITY OF CHICAGO.

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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 $179,455

Program Service Revenue $1,075,583

Investment Income $346,233

Other Revenue $36

TOTAL REVENUE $1,601,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $377,787

Fundraising Expenses $0

Program Expenses $624,645

Other Expenses $390,946

TOTAL EXPENSES $768,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,601,307	$1,872,265	-0.1%
Expenses	$768,733	$472,952	+0.6%
Net Income	$832,574	$1,399,313	-0.4%

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

$808,342

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIENNE WHITNEY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MOLLY EKERDT	TREASURER	5.00	Officer Director	$0	$0	$0
DANIEL SIADAK	DIRECTOR	5.00	Director	$0	$0	$0
CHRISTINE KOLB	DIRECTOR	5.00	Director	$0	$0	$0
ALLISON PORTER-BELL	DIRECTOR	5.00	Director	$0	$0	$0
ANTHONY SIMPKINS	CHIEF EXECUTIVE OFFICER	5.00	Officer	$0	$16,723	$238,561
TOM SAKOS	CHIEF FINANCIAL OFFICER	5.00	Officer	$0	$0	$161,108
DONNA CLARKE	CHIEF OPERATING OFFICER	5.00	Officer	$0	$7,454	$167,662
BRYAN ESENBERG	OFFICER	30.00	Officer	$0	$19,896	$142,606
JANICE CRAWFORD	CHIEF CREDIT OFFICER	5.00	Officer	$0	$9,678	$98,405

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	$1,601,307	$768,733	$6,347,302	$832,574
2024	$1,872,265	$472,952	$6,687,540	$1,399,313
2023	$1,010,635	$646,005	$9,240,682	$364,630
2022	$647,175	$617,920	$7,862,822	$29,255
2021	$1,553,359	$824,346	$6,768,966	$729,013
2020	$693,352	$4,347,387	$5,961,178	$-3,654,035
2019	$4,132,801	$5,896,283	$12,145,873	$-1,763,482
2018	$2,443,906	$3,815,451	$12,916,438	$-1,371,545

NHS REDEVELOPMENT CORPORATION