MCHI AFFORDABLE ACQUISITIONS 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

1999

Legal Domicile

Principal Officer

STARLA WARREN

Phone

8317755000

Tax Period

2024-07-01 to 2025-06-30

MCHI AFFORDABLE ACQUISITIONS INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $943K, a strong 64% operating margin.

Mission

THE ENTITY IS ESTABLISHED TO SUPPORT AN AFFILIATE BY ENGAGING IN THE ACQUISITION, REHABILITATION, OPERATIONS, MAINTENANCE AND REPAIR OF AFFORDABLE HOUSING FACILITIES. 48 APARTMENT UNITS ARE MADE AVAILABLE TO LOW INCOME PEOPLE THROUGH RENTAL SUBSIDY PROVIDED.

Program Service Accomplishments

Program 1

Expenses: $519,461 Revenue: $998,396

OWNER OF ONE AFFORDABLE RESIDENTIAL RENTAL HOUSING PROPERTIES IN MONTEREY COUNTY THAT PROVIDE 85 APARTMENT UNITS OF AFFORDABLE HOUSING TO LOW INCOME TENANTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $464,089

Program Service Revenue $998,396

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,462,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $519,461

Other Expenses $519,461

TOTAL EXPENSES $519,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,462,485	$1,249,674	+0.2%
Expenses	$519,461	$665,194	-0.2%
Net Income	$943,024	$584,480	+0.6%

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

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
DENNISE HARRISON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIELLE BUMBA	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA RIVAS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN ROSE	BOARD MEMBER	1.00	Director	$0	$0	$0
BARBARA MULHOLLAND	COMMUNITY BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY LLOYD	PRESIDENT	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	$1,462,485	$519,461	$22,800,322	$943,024
2024	$1,249,674	$665,194	$21,794,325	$584,480
2023	$1,163,667	$599,331	$21,032,663	$564,336
2022	$1,296,105	$562,781	$20,767,066	$733,324
2021	$16,149,158	$1,701,014	$19,613,881	$14,448,144
2020	$2,636,650	$1,776,147	$9,299,923	$860,503
2019	$2,246,966	$1,804,707	$8,618,461	$442,259
2018	$1,942,083	$1,772,434	$8,223,082	$169,649