SYRACUSE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RIVERVIEW AVENUE APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2015, is a small nonprofit in the Housing & Shelter sector that reported $310K in total revenue in fiscal year 2023. The organization ran a surplus of $146K, a strong 47% operating margin.
THE CORPORATION WAS ORGANIZED TO DEVELOP A HOUSING PROJECT FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS, WHICH PROJECT IS TO BE ASSISTED BY A "MUNICIPALLY-AIDED MORTGAGE" AS DEFINED IN SECTION 572(13) OF THE PRIVATE HOUSING FINANCE LAW THROUGH ONE OR MORE MORTGAGE LOANS MADE BY THE CITY OF CORTLAND "SUPERVISING AGENCY, AND SUCH OTHER INSTRUMENTALITIES OF FEDERAL, STATE AND LOCAL GOVERNMENT AS MAY BE NECESSARY TO COMPLETE THE FINANCING FOR THE PROJECT.
THE CORPORATION WAS ORGANIZED TO DEVELOP A HOUSING PROJECT FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS, WHICH PROJECT IS TO BE ASSISTED BY A "MUNICIPALLY-AIDED...
THE CORPORATION WAS ORGANIZED TO DEVELOP A HOUSING PROJECT FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS, WHICH PROJECT IS TO BE ASSISTED BY A "MUNICIPALLY-AIDED MORTGAGE" AS DEFINED IN SECTION 572(13) OF PRIVATE HOUSING FINANCE LAW THROUGH ONE OR MORE MORTGAGE LOANS MADE BY THE CITY OF CORTLAND "SUPERVISING AGENCY, AND SUCH OTHER INSTRUMENTALITIES OF FEDERAL, STATE AND LOCAL GOVERNMENT AS MAY BE NECESSARY TO COMPLETE THE FINANCING FOR THE PROJECT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $310,433 | $308,923 | +0.0% |
| Expenses | $164,604 | $172,524 | 0.0% |
| Net Income | $145,829 | $136,399 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JUSTIN RUDGICK | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIE WALSH | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLE LYSKAWA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $310,433 | $164,604 | $3,944,572 | $145,829 |
| 2022 | $308,923 | $172,524 | $3,867,754 | $136,399 |
| 2021 | $305,720 | $175,948 | $3,787,002 | $129,772 |
| 2020 | $306,035 | $178,894 | $3,716,429 | $127,141 |
| 2019 | $304,680 | $181,707 | $3,642,519 | $122,973 |
| 2018 | $303,624 | $184,377 | $3,571,464 | $119,247 |
Compare RIVERVIEW AVENUE APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC with other nonprofits in New York and across the country.