Ailbe Assisted Housing Corporation (EIN 364223536) - 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

1998

Legal Domicile

Principal Officer

Elida Hernandez

Phone

3126557000

Tax Period

2023-07-01 to 2024-06-30

Ailbe Assisted Housing Corporation, founded in 1998, is a small nonprofit that reported $155K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $132K left a modest 15% surplus.

Mission

Ailbe Assisted Housing Corporation provides housing and services for the mentally and physically disabled, to meet their physical, social, and psycho-social needs.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $152,231

Investment Income $582

Other Revenue $1,881

TOTAL REVENUE $154,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,117

Fundraising Expenses $0

Program Expenses $96,026

Other Expenses $112,745

TOTAL EXPENSES $131,862

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,694	$133,719	+0.2%
Expenses	$131,862	$199,098	-0.3%
Net Income	$22,832	$-65,379	-1.3%

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

N/A

Employees

N/A

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

$1,292,791

Total Directors

$1,984,064

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elida Hernandez	Treasurer	1.00	Officer Director	$0	$43,730	$306,724
Ami Novoryta	Chairman	1.00	Officer Director	$0	$39,005	$288,659
Maria Simon Past	Secretary	1.00	Officer Director	$0	$42,669	$277,920
Gina Cleggs	Vice President	1.00	Officer Director	$0	$26,351	$253,881
James Cunnea	Vice Chairman	1.00		$0	$41,851	$223,425
Kelly Presley	Secretary	1.00	Officer Director	$0	$10,903	$165,607
Angela Bailey	Director	1.00	Director	$0	$41,800	$148,687
Bob Haennicke	Director	1.00	Director	$0	$24,458	$141,447
Vida Wojewski Past	Director	1.00	Director	$0	$28,233	$132,617
Antwaun Smith Past	Secretary	1.00	Director	$0	$17,698	$123,961
Cynthia Grinage Past	Director	1.00	Director	$0	$15,754	$101,139
George Giolas	Director	1.00	Director	$0	$2,627	$43,422

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	No data	No data	No data	No data
2024	$154,694	$131,862	$1,101,461	$22,832
2023	$133,719	$199,098	$1,099,347	$-65,379
2022	$148,385	$141,127	$1,202,532	$7,258
2021	$148,034	$150,094	$1,098,962	$-2,060
2020	$138,073	$123,856	$1,095,250	$14,217
2019	$136,188	$136,746	$1,099,199	$-558

Ailbe Assisted Housing Corporation