PERSON CENTERED HOUSING OPTIONS INC

EIN: 474815203 501(c)(3) Housing & Shelter

ROCHESTER, NY

Total Revenue
$4,705,717
Total Expenses
$4,320,361
Total Assets
$2,122,802
Net Assets
$1,484,775
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
CHARLIE C ALBANESE
Phone
5857364663
Tax Period
2023-01-01 to 2023-12-31

PERSON CENTERED HOUSING OPTIONS INC, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $4.7M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $4.3M left a modest 8% surplus.

Mission

PERSON CENTERED HOUSING OPTIONS (PCHO) IS AN INNOVATIVE NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO ADDRESS, PREVENT AND ALLEVIATE CHRONIC HOMELESSNESS WITHIN MONROE COUNTY, NEW YORK AND THE SURROUNDING COMMUNITIES USING THE HOUSING FIRST MODEL.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,667,613
Program Service Revenue $1,993,030
Investment Income $12
Other Revenue $45,062
TOTAL REVENUE $4,705,717

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,072,348
Fundraising Expenses $30,678
Program Expenses $4,175,377
Other Expenses $2,248,013
TOTAL EXPENSES $4,320,361

Year-over-Year Comparison

2023 2022 Change
Revenue $4,705,717 $4,112,760 +0.1%
Expenses $4,320,361 $3,953,150 +0.1%
Net Income $385,356 $159,610 +1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
11
Employees
51
Volunteers
18

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
4
$277,354
Total Directors
17
$277,354
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM FINK CHAIRMAN 1.00
Officer Director
$0 $0 $0
MARGY MEATH BOARD MEMBER - RESIGNED DURING YEAR 1.00
Director
$0 $0 $0
DAVID PALMA BOARD MEMBER - RESIGNED DURING YEAR 1.00
Director
$0 $0 $0
NICK COULTER BOARD PRESIDENT AND CEO 40.00
Officer Director
$87,716 $35,757 $123,473
CHARLIE C ALBANESE BOARD TREASURER AND CFO 40.00
Officer Director
$117,376 $36,505 $153,881
JOSHUA JINKS BOARD MEMBER - RESIGNED DURING YEAR 1.00
Director
$0 $0 $0
ALLEN HANDELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
EDDIE BLANDING BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
JOE HANNA BOARD MEMBER 1.00
Director
$0 $0 $0
JASON CURTIS BOARD MEMBER 1.00
Director
$0 $0 $0
LASHARA EVANS BOARD MEMBER 1.00
Director
$0 $0 $0
TONI ZEISER BOARD MEMBER - RESIGNED DURING YEAR 1.00
Director
$0 $0 $0
MIKE LOETE BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN CARROLL BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERTO BURGOS BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL ROBBINS BOARD MEMBER - JOINED DURING YEAR 1.00
Director
$0 $0 $0
STEPHANIE DARROW BOARD MEMBER - JOINED DURING YEAR 1.00
Director
$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
2024 No data No data No data No data
2023 $4,705,717 $4,320,361 $2,122,802 $385,356
2022 $4,112,760 $3,953,150 $1,968,942 $159,610
2021 $6,884,446 $6,148,764 $1,060,718 $735,682
2020 $3,724,655 $3,592,887 $335,869 $131,768
2019 $2,493,560 $2,488,920 $245,513 $4,640
2018 $2,366,519 $2,393,338 $284,740 $-26,819
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