STERLING GROVE HOUSING DEVELOPMENT INC (EIN 581623240) - 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

1985

Legal Domicile

Phone

3379880340

Tax Period

2024-10-01 to 2025-09-30

STERLING GROVE HOUSING DEVELOPMENT INC, founded in 1985, is a small nonprofit that reported $349K in total revenue in fiscal year 2024.

Mission

PROVIDES HOUSING TO DISABLED AND ELIGIBLE LOW-INCOME PERSONS THROUGH THE OPERATION OF A MULTI-FAMILY HOUSING COMPLEX UNDER SECTION 202 AND SECTION 8 OF THE NATIONAL HOUSING ACT REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

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 $348,696

Investment Income $462

Other Revenue $0

TOTAL REVENUE $349,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $256,315

Other Expenses $346,033

TOTAL EXPENSES $346,033

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,158	$336,024	+0.0%
Expenses	$346,033	$341,342	+0.0%
Net Income	$3,125	$-5,318	-1.6%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARDELL MOUTON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RUSSELL CASTILLE	Secretary	5.00	Officer Director	$0	$0	$0
CHARLES GOODIE	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA SHELVIN-BINGHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHAN THORNTON	Executive Dir.	5.00	Officer Director	$0	$0	$0
REGIS ALLISON	President	10.00	Officer Director	$0	$0	$0
KAREN PIERRE	BOARD MEMBER	0.00	Director	$0	$0	$0
KEN JUDICE	TREASURER	1.00	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
2025	$349,158	$346,033	$1,002,515	$3,125
2024	$336,024	$341,342	$1,039,905	$-5,318
2023	$323,132	$325,238	$1,057,247	$-2,106
2022	$306,716	$322,704	$1,093,541	$-15,988
2021	$306,270	$291,290	$1,145,337	$14,980
2020	$303,128	$276,942	$1,161,846	$26,186
2019	$294,577	$315,897	$1,153,117	$-21,320

STERLING GROVE HOUSING DEVELOPMENT INC