CCCF RIVER GLEN HOLDINGS INC

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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

2011

Legal Domicile

Principal Officer

GUY THOMAS COSENTINO

Phone

3152948627

Tax Period

2020-09-01 to 2021-08-31

Mission

TO HOLD TITLE AND COLLECT INCOME FROM REAL PROPERTY FOR THE BENEFIT OF THE CAYUGA COUNTY COMMUNITY COLLEGE FOUNDATION, INC. AND CAYUGA COMMUNITY COLLEGE.

Program Service Accomplishments

Program 1

ON MARCH 14, 2018, THE BOARD OF DIRECTORS OF THE CAYUGA COUNTY COMMUNITY COLLEGE FOUNDATION, INC. (THE FOUNDATION), THE SOLE CORPORATE MEMBER OF RIVER GLEN, APPROVED A PLAN TO DISSOLVE RIVER GLEN, IN AN ORDERLY MANNER, PENDING RESOLUTION OF THE MORTGAGE PAYABLE. AS OF AUGUST 31, 2018, RIVER GLEN HAD LIQUIDATED, TRANSFERRING ALL REMAINING CASH TO THE FOUNDATION. DURING FISCAL YEAR 2019, RIVER GLEN RESOLVED ITS MORTGAGE PAYABLE. HOWEVER, AS OF AUGUST 31, 2021, RIVER GLEN HAS NOT BEEN LEGALLY DISSOLVED.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

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

$108,834

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN LATANYSHYN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DENNIS GOLLADAY	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
KEVIN LAMONTAGNE	TREASURER	1.00	Officer Director	$0	$0	$0
ALIZA QUERNS	SECRETARY	0.50	Officer Director	$0	$0	$0
KELLEY GRIDELY	DIRECTOR	0.50	Director	$0	$0	$0
GUY THOMAS COSENTINO	EXECUTIVE DIRECTOR	3.00	Officer	$0	$8,062	$108,834

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
2021	No data	No data	No data	No data
2021	No data	No data	No data	No data
2020	No data	No data	No data	No data
2019	No data	No data	No data	No data
2018	No data	$23,946	No data	No data