Corporation for Better Housing (EIN 954550322) - 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

Phone

8189052430

Tax Period

2023-01-01 to 2023-12-31

Corporation for Better Housing, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $9.1M in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $7.8M left a modest 15% surplus.

Mission

To promote and assist in the development and improvement of low-income housing in the United States, principally in the state of California.

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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 $0

Program Service Revenue $8,695,154

Investment Income $421,112

Other Revenue $0

TOTAL REVENUE $9,116,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $755,698

Fundraising Expenses $0

Program Expenses $7,376,936

Other Expenses $7,019,082

TOTAL EXPENSES $7,774,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,116,266	$20,928,821	-0.6%
Expenses	$7,774,780	$9,106,583	-0.1%
Net Income	$1,341,486	$11,822,238	-0.9%

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

$392,917

Total Directors

$392,917

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI KOESTER	Executive Dir.	40.00	Officer Director	$374,690	$18,227	$392,917
JOHN ELEFTHERIOU	CEO	1.00	Officer Director	$0	$0	$0
Mike Ismail	Director	1.00	Director	$0	$0	$0
ROB TIDD	Secretary	1.00	Officer	$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	No data	No data	No data	No data
2023	$9,116,266	$7,774,780	$446,945,353	$1,341,486
2022	$20,928,821	$9,106,583	$399,165,553	$11,822,238
2021	$11,913,598	$4,466,775	$296,535,247	$7,446,823
2020	$9,054,252	$5,573,714	$404,887,006	$3,480,538
2019	$9,187,800	$5,942,607	$186,697,041	$3,245,193
2018	$7,650,364	$5,602,322	$151,444,098	$2,048,042

Corporation for Better Housing