INTERFAITH HOUSING DEVELOPMENT CORPORATI (EIN 363869736) - 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

1992

Legal Domicile

Principal Officer

PERRY VIETTI

Phone

3122748200

Tax Period

2023-01-01 to 2023-12-31

INTERFAITH HOUSING DEVELOPMENT CORPORATION OF CHICAGO, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $5.4M in total revenue in fiscal year 2018. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $965K, a strong 18% operating margin.

Mission

HOUSING PLACEMENT FOR HOMELESS

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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 $3,686,451

Program Service Revenue $3,130,735

Investment Income $649,583

Other Revenue $39,500

TOTAL REVENUE $7,506,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $526,836

Fundraising Expenses $21,594

Program Expenses $13,170,143

Other Expenses $13,640,966

TOTAL EXPENSES $14,167,802

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,506,269	$7,428,837	+0.0%
Expenses	$14,167,802	$8,351,872	+0.7%
Net Income	$-6,661,533	$-923,035	+6.2%

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

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

$125,138

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA SHAW	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE GALLIGAN	VP/TREAS	2.00	Director	$0	$0	$0
ELIZABETH LEE	DIRECTOR	2.00	Director	$0	$0	$0
JAMES CHRISTIAN	CFP	2.00	Director	$0	$0	$0
JANET L SMITH PHD	DIRECTOR	2.00	Director	$0	$0	$0
CALVIN HOLMES	SECRETARY	2.00	Officer	$0	$0	$0
PERRY VIETTI	PRESIDENT	40.00	Officer	$125,138	$0	$125,138
CLARENCE L SMITH	CHAIR PRESIDENT	2.00	Officer	$0	$0	$0
HARRIETTE MIMMS	DIRECTOR OF CONSTRUCTION A	40.00	Highest	$124,516	$0	$124,516

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	$7,506,269	$14,167,802	$3,395,855	$-6,661,533
2022	$7,428,837	$8,351,872	$10,774,857	$-923,035
2021	$15,355,980	$14,812,673	$13,790,371	$543,307
2020	$5,277,418	$4,103,746	$12,642,802	$1,173,672
2019	$5,231,464	$4,885,790	$12,970,626	$345,674
2018	$5,397,089	$4,432,462	$13,776,059	$964,627

INTERFAITH HOUSING DEVELOPMENT CORPORATI