BROOKLYN, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DIVISION HOUSING CORPORATION, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 100% operating margin.
TO OWN, REHABILITATE, MAINTAIN, AND MANAGE, ON A NONPROFIT BASIS, A MUNICIPALLY-AIDED HOUSING PROJECT IN BROOKLYN, NY, FOR PERSONS WITH LOW INCOME.
THROUGH ITS MAJORITY INTEREST IN RC PLAZA ASSOCIATES, LLC, THE CORPORATION OVERSEES THE OPERATION OF AN APARTMENT COMPLEX OF 534 RESIDENTIAL UNITS (AND TWO COMMERCIAL SPACES), WHICH SERVES AS...
THROUGH ITS MAJORITY INTEREST IN RC PLAZA ASSOCIATES, LLC, THE CORPORATION OVERSEES THE OPERATION OF AN APARTMENT COMPLEX OF 534 RESIDENTIAL UNITS (AND TWO COMMERCIAL SPACES), WHICH SERVES AS LOW-INCOME RENTAL HOUSING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,653,009 | $2,014,774 | +0.3% |
| Expenses | $9,843 | $15,861 | -0.4% |
| Net Income | $2,643,166 | $1,998,913 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MONSIGNOR ANTHONY HERNANDEZ | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $128,250 |
| RABBI JOSHUA ROSENBAUM | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| MARY DUNBAR | SECRETARY / TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| REVEREND JEREMIAS CASTILLO | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| MIGUEL HERNANDEZ | DIRECTOR (THRU 5/8/24) | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,653,009 | $9,843 | $15,824,747 | $2,643,166 |
| 2023 | $15,028,478 | $7,369,253 | $11,078,346 | $7,659,225 |
| 2023 | $2,014,774 | $15,861 | $13,092,259 | $1,998,913 |
| 2022 | $16,618,579 | $14,864,860 | $37,066,960 | $1,753,719 |
| 2021 | $16,150,700 | $14,006,692 | $37,717,601 | $2,144,008 |
Compare DIVISION HOUSING CORPORATION with other nonprofits in New York and across the country.