THE AUTHORITY REDEVELOPMENT CORPORATION (EIN 811000732) - 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

2016

Legal Domicile

Principal Officer

GERARD VELAZQUEZ III

Phone

8568253700

Tax Period

2025-01-01 to 2025-12-31

THE AUTHORITY REDEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $145K in total revenue in fiscal year 2025. Expenses of $221K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO PROVIDE LEASED SPACE FOR COMMUNITY GROUPS FOR PROGRAMS, ACTIVITIES, EDUCATION AND BUSINESS DEVELOPMENT.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $145,325

Investment Income $6

Other Revenue $0

TOTAL REVENUE $145,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $216,944

Other Expenses $221,077

TOTAL EXPENSES $221,077

Year-over-Year Comparison

	2025	2024	Change
Revenue	$145,331	$145,329	+0.0%
Expenses	$221,077	$219,979	+0.0%
Net Income	$-75,746	$-74,650	+0.0%

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
GERARD VELAZQUEZ III	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT NEDOHON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ALBERT KELLY	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
SHELLY SCHNEIDER	SECRETARY	2.00	Officer Director	$0	$0	$0
DALE JONES	TREASURER	2.00	Officer Director	$0	$0	$0
JASON SCYTHES	TRUSTEE	2.00	Director	$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	$145,331	$221,077	$5,938,183	$-75,746
2024	$145,329	$219,979	$6,087,536	$-74,650
2023	$2,104,074	$265,723	$6,209,896	$1,838,351
2022	$138,456	$298,674	$6,411,305	$-160,218
2021	$138,477	$301,096	$6,594,023	$-162,619
2020	$138,613	$304,536	$6,756,060	$-165,923
2019	$150,616	$308,964	$6,950,065	$-158,348
2018	$138,706	$316,223	$7,108,413	$-177,517

THE AUTHORITY REDEVELOPMENT CORPORATION