SOC 40 PECK SLIP REALTY INC (EIN 800794799) - Form 990 Financial Analysis & Trantor Score

🔒

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

2014

Legal Domicile

Principal Officer

CHRIS MONAHANCHAIRMAN

Phone

2129647500

Tax Period

2023-01-01 to 2023-12-31

SOC 40 PECK SLIP REALTY INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $282K in total revenue in fiscal year 2023. Expenses of $551K exceeded revenue, resulting in a 96% operating deficit.

Mission

THE ORGANIZATION WAS FORMED TO HOLD TITLE TO RENTAL REAL PROPERTY, COLLECT RENTAL INCOME, AND TO TURN OVER THE NET INCOME AFTER EXPENSES TO THE DISTRIBUTEE CORPORATIONS, INCLUDING THE FOLLOWING THREE ENTITIES; SUPERIOR OFFICERS COUNCIL RETIREE HEALTH & WELFARE FUND, A SECTION 501 (C) (9), LIEUTENANTS BENEVOLENT ASSOCIATION OF THE CITY OF NEW YORK, A SECTION 501 (C) (5) AND CAPTAINS ENDOWMENT ASSOCIATION, A SECTION 501 (C) (5).

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $282,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $282,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,993

Fundraising Expenses $0

Other Expenses $499,435

TOTAL EXPENSES $551,428

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,000	$282,000	N/A
Expenses	$551,428	$496,234	+0.1%
Net Income	$-269,428	$-214,234	+0.3%

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

N/A

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

$333,743

Total Directors

$333,743

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS TURCO	DIRECTOR	0.50	Officer Director	$0	$0	$111,606
CHRISTOPHER MONAHAN	DIRECTOR	0.50	Officer Director	$0	$0	$98,494
JOHN BEATTIE	DIRECTOR	0.50	Officer Director	$0	$0	$74,396
JOHNNY RAMIREZ	DIRECTOR	0.50	Officer Director	$0	$0	$49,247

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
2023	$282,000	$551,428	$7,861,751	$-269,428
2022	$282,000	$496,234	$8,150,956	$-214,234
2021	$282,000	$531,824	$8,384,359	$-249,824
2020	$282,000	$518,535	$8,652,764	$-236,535
2019	$352,000	$542,155	$8,907,308	$-190,155
2018	$228,000	$532,781	$9,114,919	$-304,781
2017	$226,000	$521,437	$9,436,620	$-295,437

SOC 40 PECK SLIP REALTY INC