CONGREGATIONAL CHURCH RETIREMENT C… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

DR WILLIAM TELLMAN

Phone

5622575100

Tax Period

2023-12-01 to 2024-11-30

CONGREGATIONAL CHURCH RETIREMENT COMM, founded in 1979, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.0M, a strong 50% operating margin.

Mission

TO PROVIDE HOUSING FOR LOW-INCOME SENIORS, BASED ON NEED, IN AN ENVIRONMENT THAT ENHANCES THE QUALITY OF LIFE AS IT RELATES TO THEIR PHYSICAL, MENTAL, AND SPIRITUAL WELL-BEING.

Program Service Accomplishments

Program 1

Expenses: $3,569,477 Revenue: $2,105,894

THE ORGANIZATION SOLD ITS BUILDING AND ASSETS TO AN UNRELATED THIRD PARTY ON JANUARY 31, 2024.THE ORGANIZATION PREVIOUSLY OPERATED 50 UNITS OF AFFORDABLE HOUSING, 107 INDEPENDENT LIVING UNITS, 22...

THE ORGANIZATION SOLD ITS BUILDING AND ASSETS TO AN UNRELATED THIRD PARTY ON JANUARY 31, 2024.THE ORGANIZATION PREVIOUSLY OPERATED 50 UNITS OF AFFORDABLE HOUSING, 107 INDEPENDENT LIVING UNITS, 22 ASSISTED LIVING UNITS AND 59 SKILLED NURSING BEDS FOR LOW-INCOME SENIORS, WHICH IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,105,894

Investment Income $5,864,424

Other Revenue $36,063

TOTAL REVENUE $8,006,381

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $1,378,441

Fundraising Expenses $0

Program Expenses $3,569,477

Other Expenses $1,636,592

TOTAL EXPENSES $4,015,033

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,006,381	$7,391,056	+0.1%
Expenses	$4,015,033	$9,167,593	-0.6%
Net Income	$3,991,348	$-1,776,537	-3.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$1,089,541

Total Directors

$685,724

Key Employees

$2,195,828

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR WILLIAM TELLMAN	DIRECTOR, BOARD PRESIDENT	0.50	Officer Director	$0	$0	$0
RALPH PETRI	DIRECTOR	0.50	Director	$0	$0	$0
PERRY EDWARDS	TREASURER	0.50	Officer Director	$0	$0	$0
ROY GEE	DIRECTOR	0.50	Director	$0	$0	$0
JANE ROACH	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
BARBARA TELLMAN	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA KREINER	RECORDING SECRETARY	0.50	Officer Director	$0	$0	$0
BEV BROWER	DIRECTOR	0.50	Director	$0	$0	$0
BEV HILL	DIRECTOR	0.50	Director	$0	$0	$0
STUART J HARTMAN	PRESIDENT AND CEO	0.20	Officer Director	$0	$68,128	$685,724
LAURA FOX BUCHAN	SECRETARY	0.20	Officer Director	$0	$0	$0
FRANK ROSSELLO JR	CFO AND VP OF FINANCE	0.20	Officer	$0	$25,235	$403,817
ROBERT R AMBERG	EXECUTIVE VP GEN COUNSEL	0.20	Key Emp	$0	$49,216	$489,502
VINCENT B MAGNONE	VP TREASURY & INVSTMT OFFICER	0.20	Key Emp	$0	$37,102	$283,260
YURI ANDREW ESCANDON	VP HOUSING OPERATIONS	0.20	Key Emp	$0	$40,606	$289,428
NADA BATTAGLIA	VP HUMAN RESOURCES	0.20	Key Emp	$0	$46,746	$288,839
KEVIN GILCHRIST	VP DEVELOPMENT FINANCE	0.20	Key Emp	$0	$48,817	$277,179
BOBBY FARD	VP ACQUIS AND PROJ DEV	0.20	Key Emp	$0	$21,908	$281,127
DAVID NAPIERSKIE	VP HEALTH CARE OPERATIONS	0.20	Key Emp	$0	$41,335	$286,493
STEPHANIE TITUS	VP PHILANTHROPY/CSO	0.20	Highest	$0	$49,191	$288,833
JOHN CLOW	VP RISK MANAGEMENT	0.20	Highest	$0	$18,816	$227,978
CHRISTOPHER PURCELL	CONTROLLER	0.20	Highest	$0	$19,731	$216,931
MICHAEL RIVERA	REGIONAL MANAGER HEALTH CARE	0.20	Highest	$0	$4,520	$228,351
TERESA KENNEDY	NURSE TRAINER EXEMPT	0.20	Highest	$0	$3,734	$214,382

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	$8,006,381	$4,015,033	$3,736,543	$3,991,348
2023	$7,391,056	$9,167,593	$4,765,202	$-1,776,537
2022	$7,291,540	$8,479,183	$4,991,637	$-1,187,643
2021	$8,478,232	$9,093,500	$5,257,691	$-615,268
2020	$9,264,803	$9,022,819	$5,150,925	$241,984
2019	$8,687,995	$9,099,814	$5,129,462	$-411,819
2018	$8,468,329	$8,779,034	$5,137,220	$-310,705

CONGREGATIONAL CHURCH RETIREMENT COMM