CENTURY HOUSING CORPORATION (EIN 954540326) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

RONALD M GRIFFITH

Phone

3102580700

Tax Period

2023-01-01 to 2023-12-31

CENTURY HOUSING CORPORATION, founded in 1995, is a mid-sized nonprofit in the Housing & Shelter sector that reported $63.7M in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18.2M, a strong 29% operating margin.

Mission

CENTURY HOUSING INVESTS IN HOMES FOR LOW INCOME INDIVIDUALS AND FAMILIES, INCLUDING VETERANS AND THE HOMELESS SO THEY MAY HAVE A DIGNIFIED LIVING ENVIRONMENT AND ACHIEVE ECONOMIC INDEPENDENCE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,868,974

Program Service Revenue $38,864,143

Investment Income $3,933,126

Other Revenue $0

TOTAL REVENUE $63,666,243

Expense Breakdown

Grants Paid $23,368,777

Salaries & Benefits $7,954,967

Fundraising Expenses $0

Program Expenses $43,917,651

Other Expenses $14,134,629

TOTAL EXPENSES $45,458,373

Year-over-Year Comparison

	2023	2022	Change
Revenue	$63,666,243	$37,466,757	+0.7%
Expenses	$45,458,373	$17,660,879	+1.6%
Net Income	$18,207,870	$19,805,878	-0.1%

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

Governance

Voting Members

Independent Members

Employees

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

$1,327,007

Total Directors

$140,800

Key Employees

$1,348,663

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE HAWKINS	DIRECTOR	1.00	Director	$17,237	$363	$17,600
DANIEL LOPEZ	DIRECTOR	1.00	Director	$16,976	$624	$17,600
DARROCH F YOUNG	DIRECTOR	1.00	Director	$17,600	$0	$17,600
LOUISE OLIVER	DIRECTOR	1.00	Director	$17,237	$363	$17,600
YVONNE BURKE	DIRECTOR	1.00	Director	$17,600	$0	$17,600
KRISTINA OLSON	DIRECTOR	1.00	Director	$17,600	$0	$17,600
STEVEN R LEWIS	DIRECTOR	1.00	Director	$17,600	$0	$17,600
CHRISTOPHER CAMERON	DIRECTOR	1.00	Director	$17,600	$0	$17,600
RONALD GRIFFITH	PRESIDENT & CEO	35.00	Officer	$521,853	$69,119	$590,972
ALAN R HOFFMAN	SVP & CHIEF FINANCIAL OFFI	38.00	Officer	$449,974	$62,280	$512,254
BEULAH KU	VICE PRESIDENT, CLIENT REL	38.00	Officer	$200,970	$22,811	$223,781
JOSHUA DAVID HAMILTON	SENIOR VICE PRESIDENT, LEN	40.00	Key Emp	$397,219	$59,550	$456,769
BRIAN NICHOLAS DANDREA	SENIOR VICE PRESIDENT, HOU	1.00	Key Emp	$397,219	$63,561	$460,780
ROSA MENART	SENIOR VICE PRESIDENT, FIN	39.00	Key Emp	$372,608	$58,506	$431,114
KAREN BENNETT-GREEN	VICE PRESIDENT, LOAN ADMIN	40.00	Highest	$217,195	$44,234	$261,429
NICHOLAS G FRIEND	VICE PRESIDENT, LENDING	40.00	Highest	$289,243	$50,739	$339,982
FERN HENDRICKSON	VICE PRESIDENT, HUMAN RESO	20.00	Highest	$244,050	$55,688	$299,738
TRACY POWELL	VICE PRESIDENT, CONSTRUCTION LENDING	40.00	Highest	$210,886	$44,978	$255,864
MABEL HERNANDEZ	ASSISTANT VICE PRESIDENT,	0.00	Highest	$184,770	$44,365	$229,135

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	$63,666,243	$45,458,373	$616,634,429	$18,207,870
2022	$37,466,757	$17,660,879	$608,904,296	$19,805,878
2021	$33,491,484	$15,605,343	$579,661,365	$17,886,141
2020	$43,077,772	$17,781,758	$555,387,059	$25,296,014
2019	$38,115,517	$18,919,754	$476,421,322	$19,195,763
2018	$32,911,789	$15,870,584	$403,314,212	$17,041,205

CENTURY HOUSING CORPORATION