SINGLE ROOM HOUSING ASSISTANCE CORPORATION

EIN: 363904296 501(c)(3)

CHICAGO, IL

Total Revenue
$3,665,963
Total Expenses
$3,603,986
Total Assets
$3,160,828
Net Assets
$3,047,768
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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
1993
Legal Domicile
IL
Principal Officer
ALAN ERICKSON
Phone
3122121212
Tax Period
2017-01-01 to 2017-12-31

SINGLE ROOM HOUSING ASSISTANCE CORPORATION, founded in 1993, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2017.

Mission

DEDICATED TO THE PREVENTION OF CYCLICAL PATTERNS OF HOMELESSNESS

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $2,409,179
Program Service Revenue $1,254,028
Investment Income $5
Other Revenue $2,751
TOTAL REVENUE $3,665,963

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,428,914
Fundraising Expenses $0
Program Expenses $3,307,224
Other Expenses $2,175,072
TOTAL EXPENSES $3,603,986

Year-over-Year Comparison

2017 2016 Change
Revenue $3,665,963 $3,516,940 +0.0%
Expenses $3,603,986 $3,441,605 +0.0%
Net Income $61,977 $75,335 -0.2%
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

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Governance

Voting Members
7
Independent Members
6
Employees
42
Volunteers
15

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
5
$123,667
Total Directors
7
$123,667
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN ERICKSON PRESIDENT 2.00
Officer Director
$0 $0 $0
RUSS OGOREK VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DAN STARR SECRETARY 2.00
Officer Director
$0 $0 $0
JOHN CLARK TREASURER 2.00
Officer Director
$0 $0 $0
ERIC RUBENSTEIN EXECUTIVE DIRECTOR 40.00
Officer Director
$123,667 $0 $123,667
SHELDON WEINER MEMBER 2.00
Director
$0 $0 $0
JOHN SPEAR MEMBER 2.00
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
2017 $3,665,963 $3,603,986 $3,160,828 $61,977
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