NATIONAL STEELWORKERS OLDTIMERS COMURBDEVCO OF CANTON TWOINC (EIN 521513985) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

MELANIE RIBEIRO

Phone

9548359200

Tax Period

2024-04-01 to 2025-03-31

NATIONAL STEELWORKERS OLDTIMERS COMURBDEVCO OF CANTON TWOINC, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $452K in total revenue in fiscal year 2024. Expenses of $600K exceeded revenue, resulting in a 33% operating deficit.

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED, REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $445,514

Investment Income $4,482

Other Revenue $1,566

TOTAL REVENUE $451,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,548

Fundraising Expenses $0

Program Expenses $377,538

Other Expenses $465,941

TOTAL EXPENSES $600,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$451,562	$448,096	+0.0%
Expenses	$600,489	$585,725	+0.0%
Net Income	$-148,927	$-137,629	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$521,004

Total Directors

$26,541

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE RIBEIRO	VICE PRESIDE	0.70	Officer	$0	$75,384	$521,004
JOHN OLSEN	DIRECTOR	0.10	Director	$0	$0	$26,541
WILLIAM BURGA	TREASURER	0.40	Officer Director	$0	$0	$0
MAXINE CARTER	DIRECTOR	0.10	Director	$0	$0	$0
MARIA CORDONE	SECRETARY	0.30	Officer Director	$0	$0	$0
TONY FRANSETTA	DIRECTOR	0.10	Director	$0	$0	$0
EDWARD ROMERO	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTOPHER SHELTON	PRESIDENT	0.50	Officer 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
2025	$451,562	$600,489	$1,874,225	$-148,927
2024	$448,096	$585,725	$1,987,466	$-137,629
2023	$471,134	$540,085	$2,119,329	$-68,951
2022	$485,222	$505,848	$2,065,128	$-20,626
2021	$479,838	$519,219	$2,093,323	$-39,381
2020	$449,747	$566,914	$2,213,207	$-117,167
2019	$604,186	$666,379	$2,325,079	$-62,193
2018	$435,166	$607,764	$2,466,444	$-172,598

NATIONAL STEELWORKERS OLDTIMERS COMURBDEVCO OF CANTON TWOINC