SHARON HOUSING TRUST INC

EIN: 542177672 501(c)(3) Housing & Shelter

SHARON, CT

Total Revenue
$394,116
Total Expenses
$81,608
Total Assets
$751,910
Net Assets
$340,421
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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
2005
Legal Domicile
CT
Phone
9178822727
Tax Period
2024-01-01 to 2024-12-31

SHARON HOUSING TRUST INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $394K in total revenue in fiscal year 2024. Revenue surged 674% from the prior year, signaling strong growth momentum. The organization ran a surplus of $313K, a strong 79% operating margin.

Mission

AFFORDABLE HOUSING

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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 (2024)

Revenue Breakdown

Contributions & Grants $335,540
Program Service Revenue $58,575
Investment Income $1
Other Revenue $0
TOTAL REVENUE $394,116

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,526
Other Expenses $81,608
TOTAL EXPENSES $81,608

Year-over-Year Comparison

2024 2023 Change
Revenue $394,116 $50,938 +6.7%
Expenses $81,608 $36,904 +1.2%
Net Income $312,508 $14,034 +21.3%
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
12
Independent Members
12
Employees
N/A
Volunteers
12

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HERBERT MOORE DIRECTOR 1.00
Director
$0 $0 $0
TOM BARTRAM DIRECTOR 1.00
Director
$0 $0 $0
ANDREW FERENTINOS DIRECTOR 1.00
Director
$0 $0 $0
ARLIN DEBOER DIRECTOR 1.00
Director
$0 $0 $0
DICK BERRY DIRECTOR 1.00
Director
$0 $0 $0
CAROL NEILEY DIRECTOR 1.00
Director
$0 $0 $0
FREDERICK PETERS DIRECTOR 1.00
Director
$0 $0 $0
JOHN HECHT TREASURER DIRECTOR 2.00
Officer Director
$0 $0 $0
DALE JONES SECRETARY DIRECTOR 2.00
Officer Director
$0 $0 $0
RICHARD BAUMANN PRESIDENT DIRECTOR 7.00
Officer Director
$0 $0 $0
LARRY MOSKOWITZ VICE PRESIDENT DIRECTOR 2.00
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
2024 $394,116 $81,608 $751,910 $312,508
2023 $50,938 $36,904 $545,010 $14,034
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