BRC LANDING ROAD 1 HOUSING DEVELOPMENT FUND CORPORATION (EIN 473985343) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Phone

2128035700

Tax Period

2023-07-01 to 2024-06-30

BRC LANDING ROAD 1 HOUSING DEVELOPMENT FUND CORPORATION, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. The organization ran a surplus of $675K, a strong 32% operating margin.

Mission

TO OWN, CONSTRUCT, AND OPERATE TRANSITIONAL AND PERMANENT HOUSING FOR INDIVIDUALS OF LOW INCOME.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,101,826

Investment Income $10,000

Other Revenue $0

TOTAL REVENUE $2,111,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,434,943

Other Expenses $1,436,987

TOTAL EXPENSES $1,436,987

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,111,826	$2,057,294	+0.0%
Expenses	$1,436,987	$1,419,552	+0.0%
Net Income	$674,839	$637,742	+0.1%

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

N/A

Volunteers

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

$475,892

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIO X MOLESTINA	SECRETARY	1.0	Officer Director	$0	$0	$0
JULIE SALAMON	PRESIDENT	1.0	Officer Director	$0	$0	$0
LAWRENCE GRAHAM	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
MARCY E WILKOV	ASSISTANT SECRETARY	1.0	Officer Director	$0	$0	$0
MATTHEW SIROVICH	TREASURER	1.0	Officer Director	$0	$0	$0
RICHARD SWANSON	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
LAWRENCE ROSENBLATT	VICE PRESIDENT	1.0	Officer	$0	$75,389	$475,892

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	$2,111,826	$1,436,987	$20,087,926	$674,839
2023	$2,057,294	$1,419,552	$19,745,140	$637,742
2022	$2,000,549	$1,434,793	$19,420,659	$565,756
2021	$1,951,755	$1,450,771	$19,154,300	$500,984
2020	$1,904,151	$1,935,353	$19,893,396	$-31,202
2019	$1,998,678	$1,642,279	$20,189,824	$356,399
2018	$308,945	$187,660	$20,226,159	$121,285

BRC LANDING ROAD 1 HOUSING DEVELOPMENT FUND CORPORATION