LONG BEACH, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MODESTO AFFILIATED CHURCH HOUSING CORP, founded in 1970, is a small nonprofit in the Housing & Shelter sector that reported $708K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $707K, a strong 100% operating margin.
MODESTO AFFILIATED CHURCH HOUSING CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 178 UNIT COMMUNITY KNOWN AS RALSTON TOWER LOCATED IN MODESTO, CALIFORNIA. THE PROPERTY RECEIVES RENT SUBSIDIES THROUGH A HOUSING ASSISTANCE PAYMENTS CONTRACT WITH HUD. THE CONTRACT IS FOR A PERIOD OF TWENTY YEARS, EXPIRING SEPTEMBER 30, 2035, AND PROVIDES SUBSIDIES TO ELIGIBLE RESIDENTS TO ENABLE SUCH RESIDENTS TO LIVE IN SAFE, ADEQUATE HOUSING FACILITIES THEY COULD NOT OTHERWISE AFFORD.MODESTO AFFILIATED CHURCH HOUSING CORPORATION NOW FUNDS THE PROJECT THROUGH A SELLER CARRYBACK LOAN, AND IS THE MAJORITY MEMBER OF RALSTON TOWER RHF HOUSING, LLC. THE MAIN PURPOSE OF THIS ENTITY GOING FORWARD WILL BE A FINANCING ARM OF THE LOW INCOME HOUSING PROJECT THROUGH THE NEW PARTNERSHIP.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $707,930 | $22,031,112 | -1.0% |
| Expenses | $1,289 | $8,168,903 | -1.0% |
| Net Income | $706,641 | $13,862,209 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HARTMAN STUART J | PRESIDENT/CEO | 0.20 |
Officer
|
$0 | $68,128 | $685,724 |
| AMBERG ROBERT R | EXECUTIVE VP GEN COUNSEL | 0.20 |
Key Emp
|
$0 | $49,216 | $489,502 |
| ROSSELLO FRANK JR | CFO AND VP OF FINANCE | 0.20 |
Key Emp
|
$0 | $25,235 | $403,817 |
| FARD BOB J | VP ACQUIS AND PROJ DEV | 0.20 |
Key Emp
|
$0 | $21,908 | $281,127 |
| MAGNONE VINCENT B | VP TREASURY & INVSTMT OFF | 0.20 |
Key Emp
|
$0 | $37,102 | $283,260 |
| ESCANDON YURI ANDREW | VP HOUSING OPERATIONS | 0.20 |
Key Emp
|
$0 | $40,606 | $289,428 |
| NAPIERSKIE DAVID W | VP HEALTH CARE OPERATIONS | 0.20 |
Key Emp
|
$0 | $41,335 | $286,493 |
| BATTAGLIA NADA | VP HUMAN RESOURCES | 0.20 |
Key Emp
|
$0 | $46,746 | $288,839 |
| TITUS STEPHANIE L | VP PHILANTHROPY/CSO | 0.20 |
Key Emp
|
$0 | $49,191 | $288,833 |
| GILCHRIST KEVIN DARRELL | VP DEVELOPMENT FINANCE | 0.20 |
Key Emp
|
$0 | $48,817 | $277,179 |
| RIVERA MICHAEL | REG'L MANAGER HEALTH CARE | 0.20 |
Key Emp
|
$0 | $4,520 | $228,351 |
| KENNEDY TERESA | NURSE TRAINER EXEMPT | 0.20 |
Key Emp
|
$0 | $3,734 | $214,382 |
| CLOW JOHN C | VP RISK MANAGEMENT | 0.20 |
Key Emp
|
$0 | $18,816 | $227,978 |
| PURCELL CHRISTOPHER | CONTROLLER | 0.20 |
Key Emp
|
$0 | $19,731 | $216,931 |
| MICKELSON LAVONNE R | DIR OF AFFORD HOUSING OPS | 0.20 |
Key Emp
|
$0 | $4,763 | $189,381 |
| STECKBECK KENT | BUDGET & ANALYTICS DIR | 0.20 |
Key Emp
|
$0 | $5,331 | $183,013 |
| ROBINSON TINA M | VP HOUSING ACCOUNTING | 0.20 |
Key Emp
|
$0 | $16,482 | $193,805 |
| PHELPS LORI ANN | INFO SYSTEMS DIRECTOR | 0.20 |
Key Emp
|
$0 | $5,192 | $178,269 |
| SILVA JOANNE L | VP OCCUPANCY & TAX CREDIT | 0.20 |
Key Emp
|
$0 | $23,842 | $190,698 |
| KING DIANE D | COMPL AND PRIVACY OFFICER | 0.20 |
Key Emp
|
$0 | $19,443 | $187,985 |
| FOX BUCHAN LAURA L | DIRECTOR OF CORP RECORDS | 0.20 |
Officer
|
$0 | $18,784 | $172,534 |
| YOUNG SEESEE | INTERNAL AUDIT DIRECTOR | 0.20 |
Key Emp
|
$0 | $6,199 | $157,851 |
| RAGON CHRISTY ANN | VP OF COMMUNICATIONS | 0.20 |
Highest
|
$0 | $18,804 | $172,776 |
| RICANO PEGGY | ACCT MANAGER EXEMPT | 0.20 |
Highest
|
$0 | $18,185 | $165,199 |
| INGRAO SALVATORE A | DEVEL ACCOUNTING DIR | 0.20 |
Highest
|
$0 | $17,693 | $161,075 |
| BUNKHONG DONNA | ACCOUNTING LEAD SR. | 0.20 |
Highest
|
$0 | $16,437 | $153,960 |
| DO THANH-THANH | ACCT MANAGER EXEMPT | 0.20 |
Highest
|
$0 | $16,749 | $153,900 |
| BUNN ANDREW | TREASURER | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| DESAEGHER NORMA N | VICE PRESIDENT | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| EAST RAYMOND E | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| BAUMAN JOHN | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| MOYER DAVID S | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| HART DONALD G | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| POLLOCK JEFFREY R | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| WILSON CHERYL | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| SEE SCHEDULE JO SALARY | DISCLOSURE - PGS 34 & 38 | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $707,930 | $1,289 | $20,339,747 | $706,641 |
| 2023 | $22,031,112 | $8,168,903 | $19,637,660 | $13,862,209 |
| 2022 | $2,315,434 | $1,755,179 | $5,942,457 | $560,255 |
| 2021 | $2,272,483 | $1,582,847 | $5,365,883 | $689,636 |
| 2020 | $1,870,442 | $1,423,523 | $4,705,254 | $446,919 |
| 2019 | $1,757,706 | $1,470,731 | $4,266,083 | $286,975 |
| 2018 | $1,751,114 | $1,375,056 | $4,240,004 | $376,058 |
Compare MODESTO AFFILIATED CHURCH HOUSING CORP with other nonprofits in California and across the country.