FEDERATION GULFSTREAM HOUSING INC

🔒

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

Principal Officer

MEL LOWELL

Phone

5618526029

Tax Period

2019-09-01 to 2020-06-29

FEDERATION GULFSTREAM HOUSING INC, founded in 1985, is a mid-sized nonprofit that reported $28.7M in total revenue in fiscal year 2019. Revenue surged 2283% from the prior year, signaling strong growth momentum. Expenses of $27.7M left a modest 3% surplus.

Mission

TO PROVIDE RENTAL HOUSING FOR THE ELDERLY, INCLUDING FACILITIES AND SERVICES DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE ELDERLY.

Program Service Accomplishments

Program 1

Expenses: $27,633,436 Revenue: $28,665,838

OPERATED HUD LOW INCOME HOUSING FACILITY (100 UNITS) FOR ELDERLY AND HANDICAPPED RESIDENTS.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,138,330

Investment Income $27,528,925

Other Revenue $0

TOTAL REVENUE $28,667,255

Expense Breakdown

Grants Paid $26,305,665

Salaries & Benefits $172,294

Fundraising Expenses $0

Program Expenses $27,633,436

Other Expenses $1,215,244

TOTAL EXPENSES $27,693,203

Year-over-Year Comparison

	2019	2018	Change
Revenue	$28,667,255	$1,203,209	+22.8%
Expenses	$27,693,203	$1,278,430	+20.7%
Net Income	$974,052	$-75,221	-13.9%

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

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

$203,031

Total Directors

$456,663

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WESLEY FINCH	PRESIDENT	0.00	Officer Director	$0	$0	$0
MEL LOWELL	TREASURER/DIRECTOR	1.00	Officer Director	$0	$6,979	$203,031
BARRY PODOLSKY	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
DAVID GALPERN	DIRECTOR	0.00	Director	$0	$0	$0
MATTHEW C LEVIN	DIRECTOR	1.00	Director	$0	$21,264	$253,632
ARTHUR GOLDBERG	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD STEINBERG	DIRECTOR	0.00	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
2020	$28,667,255	$27,693,203	No data	$974,052
2019	$1,203,209	$1,278,430	$4,730,354	$-75,221