CENDEVCO II REDEVELOPMENT FUND INC

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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

Principal Officer

PAUL MOORE

Phone

2125630310

Tax Period

2023-01-01 to 2023-12-31

CENDEVCO II REDEVELOPMENT FUND INC, founded in 2018, is a mid-sized nonprofit in the Housing & Shelter sector that reported $15.2M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14.6M, a strong 96% operating margin.

Mission

TO SUPPORT THE FUNCTIONS OF URBAN HOME OWNERSHIP CORPORATION ("UHOC") AND OTHER CORPORATIONS AFFILLIATED WITH UHOC.

Program Service Accomplishments

Program 1

Expenses: $284,750

TO SUPPORT THE FUNCTIONS OF URBAN HOME OWNERSHIP CORPORATION ("UHOC") AND OTHER CORPORATIONS AFFILLIATED WITH UHOC.

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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 $15,025,540

Program Service Revenue $0

Investment Income $139,792

Other Revenue $0

TOTAL REVENUE $15,165,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $284,750

Other Expenses $572,185

TOTAL EXPENSES $572,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,165,332	$10,993,223	+0.4%
Expenses	$572,185	$276,239	+1.1%
Net Income	$14,593,147	$10,716,984	+0.4%

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

N/A

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

$249,900

Total Directors

$125,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDER JAMES	DIRECTOR	0.50	Director	$0	$0	$0
BARBARA KAIRSON	CHAIR	0.50	Officer Director	$0	$0	$0
DAMON KINEBREW	SECRETARY	0.50	Officer Director	$0	$0	$0
JEAN MONDESIR	TREASURER	0.50	Officer Director	$0	$0	$0
PAUL MOORE	PRESIDENT	0.50	Officer Director	$0	$15,400	$125,400
PIERRE B TURNER	DIRECTOR	0.50	Director	$0	$0	$0
RANDOLPH PHILLIPS	DIRECTOR	0.50	Director	$0	$0	$0
TAKIA WALKER	DIRECTOR	0.50	Director	$0	$0	$0
NESTOR OLIVIER	CFO	0.50	Officer	$0	$0	$124,500

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	$15,165,332	$572,185	$37,270,692	$14,593,147
2022	$10,993,223	$276,239	$22,711,545	$10,716,984
2021	$11,975,811	$64,750	$11,974,061	$11,911,061