METROPOLITAN HOUSING AND COMMUNITY DEVELOPMENT CORPORATION (EIN 581906927) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

ERIC WHITAKER

Phone

2529459039

Tax Period

2025-01-01 to 2025-12-31

METROPOLITAN HOUSING AND COMMUNITY DEVELOPMENT CORPORATION, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $738K in total revenue in fiscal year 2025. Net assets of $1.8M represent 30 months of operating reserves.

Mission

THE ORGANIZATION SEEKS TO RAISE THE ECONOMIC, EDUCATIONAL, AND SOCIAL LEVEL OF RESIDENTS OF THE SOUTHEASTERN UNITED STATES AND EXPANDS THE OPPORTUNITIES AVAILABLE TO THESE RESIDENTS TO OWN AND MANAGE BUSINESSES AND PURCHASE 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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $396,960

Program Service Revenue $228,358

Investment Income $107,560

Other Revenue $4,776

TOTAL REVENUE $737,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $682,708

Other Expenses $745,273

TOTAL EXPENSES $745,273

Year-over-Year Comparison

	2025	2024	Change
Revenue	$737,654	$691,192	+0.1%
Expenses	$745,273	$661,979	+0.1%
Net Income	$-7,619	$29,213	-1.3%

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

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

$189,116

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC WHITAKER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
GARRICK WITHERSPOON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MILDRED RANDOLPH	TREASURER	1.00	Officer Director	$0	$0	$0
JOYCE O'NEAL	SECRETARY	1.00	Officer Director	$0	$0	$0
SOLOMON ORE JR	DIRECTOR	1.00	Director	$0	$0	$0
PAULA MCCULLOUGH	DIRECTOR	1.00	Director	$0	$0	$0
ERNEST REESE JR	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MOORE	CEO	25.00	Officer	$0	$2,971	$87,986
JOSEPH MOORE	COO	10.00	Officer	$0	$5,244	$101,130

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	$737,654	$745,273	$3,995,024	$-7,619
2024	$691,192	$661,979	$4,138,066	$29,213
2023	$627,334	$876,940	$4,192,815	$-249,606
2022	$812,117	$804,272	$4,294,469	$7,845
2021	$776,841	$1,157,407	$4,360,017	$-380,566
2020	$660,159	$591,997	$4,804,300	$68,162
2019	$593,351	$669,768	$4,793,937	$-76,417
2018	$649,271	$699,219	$5,076,134	$-49,948

METROPOLITAN HOUSING AND COMMUNITY DEVELOPMENT CORPORATION