MANDELA HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 454214690 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$948,347
Total Expenses
$974,042
Total Assets
$6,696,004
Net Assets
$17,949
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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
2012
Legal Domicile
NY
Phone
2126784410
Tax Period
2023-07-01 to 2024-06-30

MANDELA HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $948K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE ADEQUATE LOW INCOME HOUSING FOR THE MANHATTAN VALLEY AREA OF MANHATTAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $842,363
Investment Income $105,984
Other Revenue $0
TOTAL REVENUE $948,347

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $839,419
Other Expenses $974,042
TOTAL EXPENSES $974,042

Year-over-Year Comparison

2023 2022 Change
Revenue $948,347 $817,485 +0.2%
Expenses $974,042 $899,857 +0.1%
Net Income $-25,695 $-82,372 -0.7%
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
3
$130,210
Total Directors
3
$130,210
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN P BAEZ Vice President 1.00
Officer Director
$0 $3,715 $130,210
JOHN P DUFFELL President 1.00
Officer Director
$0 $0 $0
SANDRA B POWERS Treasurer 1.00
Officer 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 No data No data No data No data
2024 $948,347 $974,042 $6,696,004 $-25,695
2023 $817,485 $899,857 $6,701,083 $-82,372
2020 $788,144 $790,734 $6,674,542 $-2,590
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