Greene Avenue SNA Housing Development Fund Corporation

EIN: 931501764 501(c)(3) Housing & Shelter

Brooklyn, NY

Total Revenue
$2,457,039
Total Expenses
$76,371
Total Assets
$3,734,989
Net Assets
$2,380,668
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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
2022
Legal Domicile
NY
Principal Officer
Cindy Ross
Phone
7183885454
Tax Period
2024-01-01 to 2024-12-31

Greene Avenue SNA Housing Development Fund Corporation, founded in 2022, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $2.4M, a strong 97% operating margin.

Mission

To combat the shortage of affordable housing by developing and maintaining a housing development for persons of low-income in Brooklyn, NY.

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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 $2,419,822
Program Service Revenue $37,217
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,457,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $76,371
Other Expenses $76,371
TOTAL EXPENSES $76,371

Year-over-Year Comparison

2024 2023 Change
Revenue $2,457,039 N/A N/A
Expenses $76,371 N/A N/A
Net Income $2,380,668 N/A 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
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
Joseph Robles President 002.00
Officer Director
$0 $0 $0
Theresa Womble Vice Preisdent 002.00
Officer Director
$0 $0 $0
Michael Rochford Sect/Treasurer 002.00
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 $2,457,039 $76,371 $3,734,989 $2,380,668
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