CORPORATE FUND FOR HOUSING

🔒

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

1984

Legal Domicile

Phone

5626841100

Tax Period

2024-01-01 to 2024-12-31

CORPORATE FUND FOR HOUSING, founded in 1984, is a mid-sized nonprofit in the Housing & Shelter sector that reported $10.1M in total revenue in fiscal year 2024. The organization ran a surplus of $1.9M, a strong 19% operating margin.

Mission

PROVISION OF SENIOR AND LOW INCOME AFFORDABLE HOUSING TO NEEDY INDIVIDUALS. CORPORATE FUND FOR HOUSING IS AN OWNER OF A MOBILE HOME PARK PROVIDING AFFORDABLE HOUSING IN FURTHERANCE OF ITS PURPOSE TO LESSEN THE BURDENS OF GOVT.

Program Service Accomplishments

Program 1

Expenses: $8,131,771 Revenue: $9,424,179

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,424,179

Investment Income $661,388

Other Revenue $0

TOTAL REVENUE $10,085,567

Expense Breakdown

Grants Paid $32,287

Salaries & Benefits $23,289

Fundraising Expenses $0

Program Expenses $8,131,771

Other Expenses $8,105,229

TOTAL EXPENSES $8,160,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,085,567	$9,759,291	+0.0%
Expenses	$8,160,805	$8,524,608	0.0%
Net Income	$1,924,762	$1,234,683	+0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RICHARD GARCIA	President	Officer Director	$0	$0	$0
ELAINE WINER	Treasurer	Officer Director	$0	$0	$0
SUSIE POWERS	Secretary	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	$10,085,567	$8,160,805	$85,264,188	$1,924,762
2023	$9,759,291	$8,524,608	$84,300,549	$1,234,683
2022	$9,329,954	$8,272,100	$85,802,701	$1,057,854
2021	$8,997,837	$8,368,177	$62,505,440	$629,660
2020	$8,780,957	$7,897,581	$62,361,892	$883,376
2019	$8,719,215	$7,869,482	$61,873,906	$849,733
2018	$20,505,017	$8,022,786	$61,450,429	$12,482,231