HOUSING INNOVATIONS & PROGRAMMING

EIN: 823103503 501(c)(3) Housing & Shelter

Holyoke, MA

Total Revenue
$452,054
Total Expenses
$28,083
Total Assets
$6,920,278
Net Assets
$1,171,399
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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
2018
Legal Domicile
MA
Principal Officer
Matthew Mainville
Phone
4135392207
Tax Period
2023-01-01 to 2023-12-31

HOUSING INNOVATIONS & PROGRAMMING, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $452K in total revenue in fiscal year 2023. Revenue surged 125% from the prior year, signaling strong growth momentum. The organization ran a surplus of $424K, a strong 94% operating margin.

Mission

Support for low income housing programs

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $450,900
Investment Income $1,154
Other Revenue $0
TOTAL REVENUE $452,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,083
Other Expenses $28,083
TOTAL EXPENSES $28,083

Year-over-Year Comparison

2023 2022 Change
Revenue $452,054 $200,921 +1.2%
Expenses $28,083 $850 +32.0%
Net Income $423,971 $200,071 +1.1%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Mainville President and Director 1
Officer Director
$0 $0 $0
Janara Healy Treasurer and Director 1
Officer Director
$0 $0 $0
Theresa Cooper-Gordon Clerk and Director 1
Officer 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
2024 No data No data No data No data
2023 $452,054 $28,083 $6,920,278 $423,971
2022 $200,921 $850 $5,074,552 $200,071
2021 $578,218 $22,821 $1,769,306 $555,397
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