TRINITY APARTMENTS CORPORATION (EIN 363741872) - Form 990 Financial Analysis & Trantor Score

🔒

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

1991

Legal Domicile

Principal Officer

CHRIS MAIDA

Phone

6123326264

Tax Period

2020-01-01 to 2020-12-31

TRINITY APARTMENTS CORPORATION, founded in 1991, is a mid-sized nonprofit that reported $12.9M in total revenue in fiscal year 2020. Revenue surged 795% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.6M, a strong 98% operating margin.

Mission

TO PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW AND MODERATE-INCOME PERSONS.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $327,342

Investment Income $12,539,123

Other Revenue $0

TOTAL REVENUE $12,866,465

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,296

Fundraising Expenses $0

Program Expenses $277,061

Other Expenses $215,765

TOTAL EXPENSES $277,061

Year-over-Year Comparison

	2020	2019	Change
Revenue	$12,866,465	$1,437,510	+8.0%
Expenses	$277,061	$1,325,913	-0.8%
Net Income	$12,589,404	$111,597	+111.8%

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

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
SALLY RABBAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAURA BOLSTAD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIZABETH FLANNERY	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS MAIDA	TREASURER	1.00	Officer Director	$0	$0	$0
INGRID RASMUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON JOHNSON HEIST	DIRECTOR	1.00	Director	$0	$0	$0
DAN WALSH	DIRECTOR	1.00	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
2020	$12,866,465	$277,061	No data	$12,589,404
2019	$1,437,510	$1,325,913	$3,346,208	$111,597
2018	$1,396,837	$1,254,840	$3,345,623	$141,997

TRINITY APARTMENTS CORPORATION