PREISS-STEELE PLACE HOUSING INC

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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

2007

Legal Domicile

Principal Officer

RAPLPH STALEY

Phone

9196831551

Tax Period

2025-01-01 to 2025-12-31

Mission

PREISS-STEELE PLACE HOUSING, INC. IS A NON-PROFIT ENTITY WHOSE MISSION IS TO ACQUIRE, CONSTRUCT, DEVELOP, AND MAINTAIN AFFORDABLE HOUSING; AND TO REVITALIZE COMMUNITIES AND NEIGHBORHOODS WITHIN DURHAM, NORTH CAROLINA.

Program Service Accomplishments

Program 1

PREISS-STEELE PLACE HOUSING, INC. WAS CREATED ON NOVEMBER 28, 2006 AS A RESULT OF A CONVERSION FROM A NORTH CAROLINA LIMITED PARTNERSHIP (THE OXFORD COMMONS LIMITED PARTNERSHIP). PREISS-STEELE PLACE HOUSING, INC. IS A NON-PROFIT ENTITY WHOSE MISSION IS TO ACQUIRE, CONSTRUCT, DEVELOP, AND MAINTAIN AFFORDABLE HOUSING; AND TO REVITALIZE COMMUNITIES AND NEIGHBORHOODS WITHIN DURHAM, NORTH CAROLINA.

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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%)

Financial Overview (2025)

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

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2025	2024	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	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

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

$514,070

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT GLENN	DIRECTOR	0.10	Director	$0	$0	$0
MAYME WEBB-BLEDSOE	CHAIR	0.10	Director	$0	$0	$0
CARL RIST	CITY LIAISON	0.10	Director	$0	$0	$0
TORELL ARMSTRONG	DIRECTOR	0.10	Director	$0	$0	$0
PEBBLES LUCAS	DIRECTOR	0.10	Director	$0	$0	$0
ANGELA HOLMES	DIRECTOR	0.10	Director	$0	$0	$0
WILLIAM CLARK	DIRECTOR	0.10	Director	$0	$0	$0
S NICOLE DIGGS	DIRECTOR	0.10	Director	$0	$0	$0
RALPH STALEY	CHIEF FINANCIAL OFFICER	0.50	Officer	$0	$0	$152,122
ANTHONY SNELL	INTERIM CEO/DIRECTOR OF DE	0.25	Officer	$0	$0	$223,834
ASHANTI BROWN	CHIEF OPERATING OFFICER	0.25	Officer	$0	$0	$138,114
ERIC SMITH	CNI - COMMUNITY LIAISON	0.25	Highest	$0	$0	$122,424
CARLA WALTON	DIRECTOR OF ADMINISTRATION	0.25	Highest	$0	$0	$127,031
KAREN LADO	CNI-DEVELOPMENT	0.25	Highest	$0	$0	$126,322
SEAN BUCHANAN	DEPUTY OPERATING OFFICER	0.25	Highest	$0	$0	$126,237
TONYA CRAWLEY	HOUSING CHOICE VOUCHER DIRECTOR	0.25	Highest	$0	$0	$118,056
JASON BRENNER	DIRECTOR OF LEGAL AFFAIRS	0.25	Highest	$0	$0	$102,842
TIFFANY EVANS	BUDGET AND PROCUREMENT MANAGER	0.25	Highest	$0	$0	$100,853

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	$1,657,995	No data
2024	No data	No data	$1,657,995	No data
2023	No data	No data	$1,657,995	No data
2022	No data	No data	$1,657,995	No data
2021	No data	No data	$1,657,995	No data
2020	No data	No data	$1,657,995	No data
2019	No data	No data	$1,657,995	No data
2018	No data	No data	$1,657,995	No data