MARY THE QUEEN HOUSING DEVELOPMENT FUND CORPORATION

EIN: 824923638 Housing & Shelter

YONKERS, NY

Total Revenue
N/A
Total Expenses
$5,040
Total Assets
$1,408,059
Net Assets
$-147,907
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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
NY
Principal Officer
JAMES J LANDY
Phone
9149696159
Tax Period
2024-01-01 to 2024-12-31

Mission

LOW-INCOME HOUSING PROJECT IN INITIAL PHASE OF CONSTRUCTION

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,950
Other Expenses $5,040
TOTAL EXPENSES $5,040

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $5,040 $26,680 -0.8%
Net Income N/A $-26,680 N/A
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
7
Independent Members
6
Employees
N/A
Volunteers
6

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES J LANDY PRESIDENT 4.00
Officer Director
$0 $0 $0
MICHAEL J SPICER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MOIRA KIERNAN SECRETARY 1.00
Officer Director
$0 $0 $0
FRANK HAGAN TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL GALVIN DIRECTOR 1.00
Director
$0 $0 $0
BRENDAN R LANDY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN SACCO DIRECTOR 1.00
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
2024 No data $5,040 $1,408,059 No data
2023 No data $26,680 $1,199,133 No data
2022 No data $15,100 $1,083,813 No data
2021 No data $27,933 $898,913 No data
2020 No data $12,507 $926,846 No data
2019 No data $42,760 $579,855 No data
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