HOUSING NAVIGATOR MASSACHUSETTS INC

EIN: 843542325 501(c)(3) Housing & Shelter

CAMBRIDGE, MA

Total Revenue
$1,670,598
Total Expenses
$1,404,045
Total Assets
$2,291,714
Net Assets
$2,258,572
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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
2019
Legal Domicile
MA
Principal Officer
JEROME DUVAL
Phone
6177773257
Tax Period
2024-01-01 to 2024-12-31

HOUSING NAVIGATOR MASSACHUSETTS INC, founded in 2019, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $267K, a strong 16% operating margin.

Mission

HOUSING NAVIGATOR MASSACHUSETTS, INC. HAS A MISSION TO CONNECT PEOPLE WITH PLACES TO CALL HOME. THE ORGANIZATION DEVELOPS TECHNOLOGY THAT PROMOTES HOUSING EQUITY AND DATA THAT BRINGS TRANSPARENCY TO THE AFFORDABLE HOUSING MARKET.

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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 $1,356,935
Program Service Revenue $286,800
Investment Income $26,863
Other Revenue $0
TOTAL REVENUE $1,670,598

Expense Breakdown

Grants Paid $0
Salaries & Benefits $753,317
Fundraising Expenses $54,825
Program Expenses $1,023,399
Other Expenses $650,728
TOTAL EXPENSES $1,404,045

Year-over-Year Comparison

2024 2023 Change
Revenue $1,670,598 $2,002,382 -0.2%
Expenses $1,404,045 $1,390,768 +0.0%
Net Income $266,553 $611,614 -0.6%
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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Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
11

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
5
$175,998
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTY JONES CHAIR 5.00
Officer Director
$0 $0 $0
TAISHA STURDIVANT CLERK 1.00
Officer Director
$0 $0 $0
KARIN BRANDT VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOSEPH FLATLEY TREASURER (UNTIL 12/2024) 1.00
Officer Director
$0 $0 $0
BRIAN PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELINA RAMIREZ BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL MADDEN BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL HELLER BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREEN BORGATTI BOARD MEMBER 1.00
Director
$0 $0 $0
ELISABETH ORTIZ JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE KINKEL BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY SULLIVAN BOARD MEMBER (AS OF 12/2024) 1.00
Director
$0 $0 $0
DARA KOVEL BOARD MEMBER (UNTIL 12/2024) 1.00
Director
$0 $0 $0
JENNIFER GILBERT EXECUTIVE DIRECTOR 40.00
Officer
$169,229 $6,769 $175,998
APRIL OGNIBENE COO 40.00
Highest
$123,600 $4,944 $128,544
GRACE MITCHELL PROJECT MANAGER 40.00
Highest
$120,000 $4,800 $124,800
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 $1,670,598 $1,404,045 $2,291,714 $266,553
2023 $2,002,382 $1,390,768 $2,071,559 $611,614
2022 $2,337,297 $1,071,277 $1,415,784 $1,266,020
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