Gainesville, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Neighborhood Housing and Development Corporation, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.8M exceeded revenue, resulting in a 12% operating deficit.
The Organizations mission is to improve quality of life and economic opportunities by providing services that will address identified community needs. The primary focus is to increase access to quality, affordable, sustainable housing for low income families.
NHDC CARES functions as an intervention program providing direct housing assistance, supportive services, and case coordination for households experiencing housing instability, including those facing...
NHDC CARES functions as an intervention program providing direct housing assistance, supportive services, and case coordination for households experiencing housing instability, including those facing eviction, loss of housing, or utility disruptions. NHDC CARES supports NHDCs mission by stabilizing households during crisis and intentionally wrapping clients back into NHDCs broader program models once stability is achieved. This includes coordination with NHDCs homeownership preservation and promotion programs, where HUD-certified housing counselors meet with stabilized clients to evaluate readiness and provide coaching on short-term financial recovery and long-term housing sustainability goals.
Housing Development. The Corporation builds new homes and rehabilitates existing homes that are made available for sale to first-time home buyers.
Housing Rentals. The Corporation maintains an inventory of single family rental properties that are available for households who aspire to become home purchasers and provides them with on-going...
Housing Rentals. The Corporation maintains an inventory of single family rental properties that are available for households who aspire to become home purchasers and provides them with on-going counseling support that is intended to assist them to become mortgage ready for eventual home ownership. The Corporation manages properties that are owned solely by the Corporation. In addition, the rental portfolio consists of properties provided through the Alachua and Clay County Neighborhood Stabilization Programs. After the 15-year affordability period, the title to these properties will be transferred to the Corporation.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,638,707 | $1,672,555 | 0.0% |
| Expenses | $1,828,829 | $1,387,888 | +0.3% |
| Net Income | $-190,122 | $284,667 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| P Andre Parchment | Executive Director | 40.00 |
Officer
|
$104,251 | $8,115 | $112,366 |
| Cheryl Beardsley | Chief Financial Officer | 40.00 |
Officer
|
$66,007 | $16,147 | $82,154 |
| Janice Crews | Chief Operating Officer | 40.00 |
Officer
|
$61,962 | $10,413 | $72,375 |
| Henry Scherwin | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Anthony Miller | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jose Moreno | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Janelle Profant | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeff Quigley | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tracey Brown | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Malcolm Kiner | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Charles Harris | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Haven | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Fred Schilffarth | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Helen Warren | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| James Swift | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,638,707 | $1,828,829 | $8,500,942 | $-190,122 |
| 2024 | $1,672,555 | $1,383,094 | $8,235,412 | $289,461 |
| 2024 | $1,672,555 | $1,387,888 | $8,781,197 | $284,667 |
| 2023 | $2,203,372 | $1,320,098 | $7,797,721 | $883,274 |
| 2022 | $1,650,603 | $1,209,731 | $6,914,006 | $440,872 |
| 2021 | $1,553,415 | $1,263,341 | $6,484,246 | $290,074 |
| 2020 | $1,049,150 | $948,083 | $6,870,329 | $101,067 |
| 2019 | $1,424,711 | $1,475,531 | $6,273,877 | $-50,820 |
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