LIFETIME HOUSING DEVELOPMENT CORPORATION

EIN: 465165393 501(c)(3) Housing & Shelter

ROCHESTER, NY

Total Revenue
$19,753
Total Expenses
$3,649
Total Assets
$959,877
Net Assets
$959,827
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Principal Officer
LINDA ANDERSON
Phone
5854264120
Tax Period
2023-01-01 to 2023-12-31

LIFETIME HOUSING DEVELOPMENT CORPORATION, founded in 2013, is a micro nonprofit in the Housing & Shelter sector that reported $20K in total revenue in fiscal year 2023. Revenue surged 446% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 82% operating margin.

Mission

PROVIDE QUALITY AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS, INCLUDING, BUT NOT LIMITED TO INDIVIDUALS HANDICAPPED WITH INTELLECTUAL AND DEVELOPMENTAL IMPAIRMENTS, AND RELATED DISABILITIES IN MONROE, GENESEE AND ORLEANS COUNTIES IN THE STATE OF NEW YORK.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $19,753
Other Revenue $0
TOTAL REVENUE $19,753

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,649
Other Expenses $3,649
TOTAL EXPENSES $3,649

Year-over-Year Comparison

2023 2022 Change
Revenue $19,753 $3,619 +4.5%
Expenses $3,649 $4,796 -0.2%
Net Income $16,104 $-1,177 -14.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
6
$594,429
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM SMITHGALL CHAIRMAN 0.20
Officer Director
$0 $0 $0
DON FUREY PHD VICE-CHAIRMAN 0.20
Officer Director
$0 $0 $0
MARY SQUIRES TREASURER 0.20
Officer Director
$0 $0 $0
CATHY HOUSTON-WILSON PHD SECRETARY 0.20
Officer Director
$0 $0 $0
GERALD DEWINDE DIRECTOR 0.20
Director
$0 $0 $0
AUSTIN WARNER DIRECTOR 0.20
Director
$0 $0 $0
LINDA ANDERSON CFO 1.00
Officer
$0 $35,198 $250,112
BRYAN O'DONOVAN PRESIDENT & CEO 1.00
Officer
$0 $6,242 $344,317
JAMES BRANCIFORTE FORMER PRESIDENT & CEO 1.00
$0 $0 $240,770
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 No data No data No data No data
2023 $19,753 $3,649 $959,877 $16,104
2022 $3,619 $4,796 $943,723 $-1,177
2021 $22,934 $8,455 $944,900 $14,479
2020 $513,044 $41,026 $930,421 $472,018
2019 $112,408 $18,478 $458,403 $93,930
2018 $36,093 $52,516 $328,370 $-16,423
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LIFETIME HOUSING DEVELOPMENT CORPORATION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.