PEEKSKILL, NY
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)HUDSON RIVER HEALTHCARE LOCAL DEVELOPMENT CORPORATION, founded in 2014, is a micro nonprofit that reported $72K in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $12.6M exceeded revenue, resulting in a 17272% operating deficit.
HUDSON RIVER HEALTHCARE LOCAL DEVELOPMENT CORPORATION ("HRLDC") WILL ACQUIRE, REHABILITATE AND CONSTRUCT AN EXPANDED FEDERALLY QUALIFIED HEALTH CENTER LOCATED AT 1037 MAIN STREET, 1031 MAIN STREET AND 55 BANK STREET, PEEKSKILL, NEW YORK 10566 (THE "PROJECT"). THE PROJECT WILL BE LEASED TO SUN RIVER HEALTH, INC. TO BE OPERATED AS A COMMUNITY HEALTH CENTER.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $72,451 | $15,776,167 | -1.0% |
| Expenses | $12,586,315 | $787,242 | +15.0% |
| Net Income | $-12,513,864 | $14,988,925 | -1.8% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALAN L STEINER | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREW S RICHTER PHD | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LUKE HILPERT | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCIA JACOBOWITZ-PAZ | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NORMA JOHNSON | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NORMAN HAIGHT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROSE NOONAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE K NOLON | PRESIDENT & CEO | 1.00 |
Officer
|
$0 | $28,941 | $1,073,176 |
| JAMES SINKOFF | DEO & CFO | 1.00 |
Officer
|
$0 | $22,575 | $730,091 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $72,451 | $12,586,315 | No data | $-12,513,864 |
| 2021 | $15,776,167 | $787,242 | $12,585,766 | $14,988,925 |
| 2020 | $214,000 | $715,460 | $13,326,825 | $-501,460 |
| 2020 | $214,000 | $715,460 | $13,326,825 | $-501,460 |
| 2019 | $214,000 | $786,305 | $13,822,371 | $-572,305 |
| 2018 | $214,000 | $832,055 | $14,389,235 | $-618,055 |
Compare HUDSON RIVER HEALTHCARE LOCAL DEVELOPMENT CORPORATION with other nonprofits in New York and across the country.