MULTI ETHNIC EAST HOUSING CORPORAT… - Form 990 Financial Data

🔒

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

MARION WILEY

Tax Period

2024-07-01 to 2025-06-30

MULTI ETHNIC EAST HOUSING CORPORATION, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $793K in total revenue in fiscal year 2024.

Mission

PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND HANDICAPPED INDIVIDUALS

Program Service Accomplishments

Program 1

Expenses: $705,649 Revenue: $306,828

CORPORATION PROVIDES LOW INCOME HOUSING FACILITIES TO THE ELDERLY AND HANDICAPPED INDIVIDUALS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $481,230

Program Service Revenue $306,828

Investment Income $4,645

Other Revenue $0

TOTAL REVENUE $792,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,513

Fundraising Expenses $0

Program Expenses $705,649

Other Expenses $682,529

TOTAL EXPENSES $781,042

Year-over-Year Comparison

	2024	2023	Change
Revenue	$792,703	$754,029	+0.1%
Expenses	$781,042	$729,129	+0.1%
Net Income	$11,661	$24,900	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON ABEGGLEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL IWASKI	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
GREG CHAPMAN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
CRAIG DEMORDAUNT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARION WILEY	EXECUTIVE DI	1.00	Officer	$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	$792,703	$781,042	$2,565,785	$11,661
2024	$754,029	$729,129	$2,586,995	$24,900
2023	$725,938	$674,863	$2,670,259	$51,075
2022	$709,323	$611,140	$2,751,383	$98,183
2021	$700,210	$612,326	$2,632,913	$87,884
2020	$686,660	$631,915	$2,634,948	$54,745
2019	$674,969	$627,829	$2,639,146	$47,140
2018	$662,490	$681,515	$2,596,364	$-19,025

MULTI ETHNIC EAST HOUSING CORPORATION