The Housing Company (EIN 820439164) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

Erin Anderson

Phone

2083314811

Tax Period

2023-01-01 to 2023-12-31

The Housing Company, founded in 1990, is a mid-sized nonprofit in the Unknown sector that reported $14.5M in total revenue in fiscal year 2023. Expenses of $12.6M left a modest 13% surplus.

Mission

To develop, acquire, and operate (including management) real estate for elderly, disadvantaged, and limited-income persons.

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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 (2023)

Revenue Breakdown

Contributions & Grants $434,130

Program Service Revenue $13,546,462

Investment Income $232,308

Other Revenue $291,510

TOTAL REVENUE $14,504,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,224,842

Fundraising Expenses $0

Program Expenses $10,542,542

Other Expenses $9,369,451

TOTAL EXPENSES $12,594,293

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,504,410	$13,684,772	+0.1%
Expenses	$12,594,293	$12,050,959	+0.0%
Net Income	$1,910,117	$1,633,813	+0.2%

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

113

Volunteers

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

$1,192,665

Total Directors

$660,091

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gerald Hunter	President	4.00	Officer Director	$0	$149,938	$641,891
V Dale Babbitt	Chairman	1.00	Officer Director	$4,550	$0	$4,550
Nancy Vannorsdel	Director	1.00	Director	$4,550	$0	$4,550
Steven Keen	Director	1.00	Director	$4,550	$0	$4,550
Mark Dunham	Director	1.00	Director	$4,550	$0	$4,550
Erin Anderson	Executive Director	40.00	Officer	$148,807	$49,762	$198,569
John Chung	Treasurer	1.00	Officer	$0	$84,169	$347,655
Richard Skinner	Secretary	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
2024	No data	No data	No data	No data
2023	$14,504,410	$12,594,293	$55,317,305	$1,910,117
2023	$14,504,410	$12,594,293	$55,317,305	$1,910,117
2022	$13,684,772	$12,050,959	$55,244,484	$1,633,813
2021	$13,345,868	$12,066,076	$54,365,926	$1,279,792
2020	$12,463,500	$11,285,413	$54,813,865	$1,178,087
2019	$10,737,457	$9,421,238	$44,251,280	$1,316,219
2018	$9,693,584	$8,658,617	$32,902,037	$1,034,967

The Housing Company