MACEDONIA PLAZA COMMUNITY DEVELOPMENT CORPORATION

EIN: 453662176 501(c)(3) Housing & Shelter

Jamaica, NY

Total Revenue
$39,028
Total Expenses
$14,554
Total Assets
$55,061
Net Assets
$55,061
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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
DE
Principal Officer
RICHARD McEACHERN
Phone
5166737837
Tax Period
2025-01-01 to 2025-12-31

MACEDONIA PLAZA COMMUNITY DEVELOPMENT CORPORATION, founded in 2011, is a micro nonprofit in the Housing & Shelter sector that reported $39K in total revenue in fiscal year 2025. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 63% operating margin.

Mission

REAL ESTATE AND DEVELOPMENT

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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 (2025)

Revenue Breakdown

Contributions & Grants $39,028
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $39,028

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,000
Fundraising Expenses $0
Program Expenses $14,554
Other Expenses $2,554
TOTAL EXPENSES $14,554

Year-over-Year Comparison

2025 2024 Change
Revenue $39,028 $57,902 -0.3%
Expenses $14,554 $64,474 -0.8%
Net Income $24,474 $-6,572 -4.7%
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
3
Independent Members
2
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
0
$0
Total Directors
3
$12,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PEGI BROWN CONSULTANT 008.00
Director Highest
$12,000 $0 $12,000
RICHARD O McEACHERN CHIEF EXECUTIVE OFFICER 018.00
Director
$0 $0 $0
CHIQUITA CARTER SECRETARY/TREASURER 008.00
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
2025 $39,028 $14,554 $55,061 $24,474
2024 $57,902 $64,474 $30,587 $-6,572
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