RTH MISSION PARK REALTY CORPORATION

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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

2013

Legal Domicile

Principal Officer

KAREN T GATELY

Phone

6172324306

Tax Period

2024-01-01 to 2024-12-31

RTH MISSION PARK REALTY CORPORATION, founded in 2013, is a mid-sized nonprofit in the Housing & Shelter sector that reported $32.2M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22.8M, a strong 71% operating margin.

Mission

RTH MISSION PARK REALTY CORPORATION (THE "CORPORATION") WAS ORGANIZED EXCLUSIVELY TO BENEFIT, PERFORM THENFUNCTIONS OF, AND CARRY OUT THE PURPOSES OF ROXBURY TENANTS OF HARVARD ASSOCIATION, INC., A MASSACHUSETTS CHARITABLE CORPORATION ("RTH").

Program Service Accomplishments

Program 1

Expenses: $6,000,000 Revenue: $16,199,299

THE CORPORATION HAS LEASED THE HOUSING PROJECT, A 775-UNITY AFFORDABLE HOUSING PROJECT LOCATED IN MISSION HILL, BOSTON, MA, INCLUDING RESIDENTIAL AND RELATED RECREATIONAL BUILDINGS, TO MISSION PARK LIMITED PARTNERSHIP, A MASSACHUSETTS LIMITED PARTNERSHIP (THE HOUSING PARTNERHIP) CONTROLLED BY RTH, PURSUANT TO A LONG-TERM LEASE.

Program 2

Expenses: $2,477,310 Revenue: $5,953,987

THE CORPORATION LEASES A GARAGE AND USE OF ITS PREMISES PRIMARILY TO THE BRIGHAM AND WOMEN'S HOSPITAL, INC., A MASSACHUSETTS CHARITABLE CORPORATION, WITH A SMALL PORTION LEASED TO THE HOUSING...

THE CORPORATION LEASES A GARAGE AND USE OF ITS PREMISES PRIMARILY TO THE BRIGHAM AND WOMEN'S HOSPITAL, INC., A MASSACHUSETTS CHARITABLE CORPORATION, WITH A SMALL PORTION LEASED TO THE HOUSING PARTNERSHIP.

Program 3

Expenses: $158,347 Revenue: $254,428

A MULTIFAMILY RENTAL HOUSING DEVELOPMENT AT 26-28 ST. ALBANS ROAD, BOSTON, MASSACHUSETTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $22,402,276

Investment Income $9,775,782

Other Revenue $5,368

TOTAL REVENUE $32,183,426

Expense Breakdown

Grants Paid $6,000,000

Salaries & Benefits $62,387

Fundraising Expenses $0

Program Expenses $8,635,657

Other Expenses $3,279,623

TOTAL EXPENSES $9,342,010

Year-over-Year Comparison

	2024	2023	Change
Revenue	$32,183,426	$25,108,727	+0.3%
Expenses	$9,342,010	$5,319,678	+0.8%
Net Income	$22,841,416	$19,789,049	+0.2%

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

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

$440,639

Total Directors

$60,933

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN T GATELY	EXECUTIVE DI	2.00	Officer	$0	$33,227	$317,516
STEPHEN FULTON	SR. PROGRARM	0.00	Highest	$0	$49,110	$200,240
PATRICIA HARAN	CONTROLLER	2.00	Highest	$0	$24,226	$159,637
JENNI SHAW	HR DIRECTOR	0.00	Highest	$0	$16,066	$121,572
DONNA DESMOND	CFO	2.00	Officer	$0	$615	$62,190
WILLIAM SULLIVAN	PRES, JAN -	2.00	Officer Director	$0	$0	$10,650
IZRAIL TSELNIK	TREAS JAN-JU	4.00	Officer Director	$0	$0	$10,500
JACQUELINE BOSTON	TREAS FROM J	4.00	Officer Director	$0	$0	$9,750
LIZHE HE	VICE PRESIDE	4.00	Officer Director	$0	$0	$9,483
RITA ARROYO	CLERK, JUNE	2.00	Officer Director	$0	$0	$6,850
CAROL MENTON	CLERK, JAN -	2.00	Officer Director	$0	$0	$6,850
DANIEL POWELL	PRES, FROM	4.00	Officer Director	$0	$0	$6,850

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
2024	$32,183,426	$9,342,010	$247,318,124	$22,841,416
2023	$25,108,727	$5,319,678	$221,873,325	$19,789,049
2022	$19,995,197	$7,039,897	$192,061,743	$12,955,300
2021	$17,493,070	$4,755,856	$107,143,093	$12,737,214
2020	$23,592,122	$3,047,863	$163,379,160	$20,544,259
2019	$21,109,002	$5,453,300	$137,971,227	$15,655,702
2018	$20,927,308	$5,120,684	$118,952,528	$15,806,624