PURCHASE COMMUNITY HOUSING DEVELOPMENT CORP

EIN: 611304977 501(c)(3) Housing & Shelter

MAYFIELD, KY

Total Revenue
$23
Total Expenses
N/A
Total Assets
$483
Net Assets
$483
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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
1996
Legal Domicile
KY
Principal Officer
JEREMY BUCHANAN
Phone
2702516121
Tax Period
2023-07-01 to 2024-06-30

PURCHASE COMMUNITY HOUSING DEVELOPMENT CORP, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $23 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE LOWER INCOME FAMILIES, THE ELDERLY, HANDICAPPED AND OTHER PERSONS WITH DECENT 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $23
Other Revenue $0
TOTAL REVENUE $23

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $23 $43,091 -1.0%
Expenses N/A $1,127 -1.0%
Net Income N/A $41,964 N/A
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
3
Independent Members
3
Employees
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD RODGERS CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOHN WARD SECRETARY 1.00
Officer Director
$0 $0 $0
DON COSTELLO BOARD MEMBER 1.00
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
2025 No data No data No data No data
2024 $23 No data $483 No data
2023 $43,091 $1,127 $460 $41,964
2022 $106,729 $53,888 $77,703 $52,841
2021 $-8,193 $2,341 $256,964 $-10,534
2020 $-10,084 $1,315 $267,498 $-11,399
2019 $-21,363 $1,461 $278,897 $-22,824
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