CHERRY AFFORDABLE HOUSING INC

EIN: 521923470 501(c)(3) Housing & Shelter

NEW YORK, NY

Total Revenue
N/A
Total Expenses
$24,887
Total Assets
$79,911
Net Assets
$77,665
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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
1995
Legal Domicile
DC
Principal Officer
GARY PARKINSON
Phone
2027895300
Tax Period
2018-01-01 to 2018-12-31

Mission

TO PROVIDE FOR THE ACQUISITION DEVELOPMENT, OWNERSHIP, AND OPERATION OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,819
Other Expenses $24,887
TOTAL EXPENSES $24,887

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $4,997 -1.0%
Expenses $24,887 $34,673 -0.3%
Net Income N/A $-29,676 N/A
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

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Governance

Voting Members
3
Independent Members
N/A
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
6
$2,355,816
Total Directors
3
$1,268,177
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD F BURNS BOARD MEMBER / PRESIDENT 1.00
Officer Director
$0 $14,783 $708,901
THOMAS VACCARO BOARD MEMBER / SECRETARY 1.00
Officer Director
$0 $29,413 $259,514
JOSEPH P WIEDORFER BOARD MEMBER / VICE PRESIDENT 1.00
Officer Director
$0 $26,109 $299,762
KAREN CALDWELL TREASURER 1.00
Officer
$0 $16,755 $326,087
STEVE GREEN VICE PRESIDENT 1.00
Officer
$0 $30,762 $481,877
FRED C MITCHELL VICE PRESIDENT 1.00
Officer
$0 $3,585 $279,675
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
2018 No data $24,887 $79,911 No data
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