CFH BLONDELL HOUSING DEVELOPMENT FUND CORPORATION

EIN: 873767866 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
N/A
Total Expenses
$602
Total Assets
$204,956
Net Assets
$204,956
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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
2021
Legal Domicile
NY
Principal Officer
GEORGE NASHAK
Phone
2123664459
Tax Period
2023-01-01 to 2023-12-31

Mission

TO OPERATE A 200-BED TRANSITIONAL RESIDENCE FOR HOMELESS MEN.

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $602
Other Expenses $602
TOTAL EXPENSES $602

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $216,980 -1.0%
Expenses $602 N/A N/A
Net Income N/A $216,980 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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
8
$815,379
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRIGOR LICUL TREASURER 1.00
Officer Director
$0 $0 $0
HARRY K THOMAS JR VICE CHAIR 1.00
Officer Director
$0 $0 $0
JUDY TABAK SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT HECKART BOARD CHAIR 1.00
Officer Director
$0 $0 $0
TIMOTHY KARCHER BOARD CHAIRPERSON (OUTGOING) 1.00
Officer Director
$0 $0 $0
GEORGE NASHAK PRESIDENT AND CEO 1.00
Officer
$0 $8,794 $374,047
JOHN CHUE CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $7,501 $202,276
RONALD LAWSON CHIEF OPERATING OFFICER 1.00
Officer
$0 $48,389 $239,056
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 No data $602 $204,956 No data
2022 $216,980 No data $205,558 No data
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