House New York Inc

EIN: 611863131 501(c)(3) Housing & Shelter

New York, NY

Total Revenue
N/A
Total Expenses
$96,239
Total Assets
$831,358
Net Assets
$831,358
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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
2017
Legal Domicile
NY
Principal Officer
Timothy Flaherty
Phone
8778295500
Tax Period
2024-01-01 to 2024-12-31

Mission

Promote development and operation of affordable housing for low-income residents in NYS.

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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 (2024)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $80,020
Other Expenses $96,239
TOTAL EXPENSES $96,239

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $1,369,495 -1.0%
Expenses $96,239 $1,039,219 -0.9%
Net Income N/A $330,276 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
2
Independent Members
2
Employees
N/A
Volunteers
2

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
3
$373,847
Total Directors
2
$0
Key Employees
1
$210,970
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Timothy R Flaherty CPA Treasurer 1.00
Officer Director
$0 $0 $0
Rafael Cestero Executive Vice Chair 1.00
Officer Director
$0 $0 $0
Jolie Milstein President and CEO 2.00
Officer
$0 $31,675 $373,847
Elizabeth Rossi Director of Operations 2.00
Key Emp
$0 $11,980 $210,970
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
2024 No data $96,239 $831,358 No data
2023 $1,369,495 $1,039,219 $927,597 $330,276
2022 $1,531,482 $1,105,044 $597,321 $426,438
2021 $727,783 $761,408 $211,117 $-33,625
2020 $246,000 $358,587 $193,908 $-112,587
2019 $1,424,479 $1,117,984 $306,495 $306,495
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