TR Landmark Apartments Corp (EIN 474163135) - 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

Principal Officer

LEE PHEGLEY

Phone

9727157400

Tax Period

2019-07-01 to 2020-06-30

TR Landmark Apartments Corp, founded in 2015, is a small nonprofit that reported $904K in total revenue in fiscal year 2019. Revenue fell 85% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $845K, a strong 93% operating margin.

Mission

TO OPERATE AS A TITLE HOLDING CORPORATION WITHHIN THE MEANING OF IRC SECTION 501(C)(25) AND HOLD TITLE TO REAL PROPERTY ON BEHALF OF TEACHERS' REITREMENT SYSTEM OF THE STATE OF IL.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $903,921

TOTAL REVENUE $903,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $59,100

TOTAL EXPENSES $59,100

Year-over-Year Comparison

	2019	2018	Change
Revenue	$903,921	$6,085,890	-0.9%
Expenses	$59,100	$4,993,617	-1.0%
Net Income	$844,821	$1,092,273	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
R SCOTT DENNIS	DIRECTOR	Director	$0	$0	$0
BETH ZAYICEK	DIRECTOR	Director	$0	$0	$0
Michael Kirby	President	Officer	$0	$0	$0
Jason W Geer	VP/SEC	Officer	$0	$0	$0
Bert J Crouch	VP/ASST SEC	Officer	$0	$0	$0
Jeff Cavanaugh	VP/ASST SEC	Officer	$0	$0	$0
Chris Cleghorn	VP/ASST SEC	Officer	$0	$0	$0
Jackson Lapin	VP/ASST SEC	Officer	$0	$0	$0
Peter Feinberg	VP/ASST SEC	Officer	$0	$0	$0
R Lee Phegley Jr	VP/ASST SEC	Officer	$0	$0	$0
Cain Kirk	VP/ASST SEC	Officer	$0	$0	$0
Duncan Walker	VP/ASST SEC	Officer	$0	$0	$0
Kevin Pirozzoli	VP/ASST SEC	Officer	$0	$0	$0
Perry Chudnoff	VP/ASST SEC	Officer	$0	$0	$0
Tom Hurst	VP/ASST SEC	Officer	$0	$0	$0
Haley Waldron	Treasurer/ASST SEC	Officer	$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
2020	$903,921	$59,100	No data	$844,821
2019	$6,085,890	$4,993,617	$84,817,720	$1,092,273
2018	$5,815,844	$5,075,243	$83,789,648	$740,601

TR Landmark Apartments Corp