CenterLight Health System
Legal name: Beth Abraham Housing Development Fund Company Inc
Nonprofit profile at a glance
- EIN
- 133067236
- IRS 990-EZ coverage
- 2014–2015
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2013, Form 990-EZ 2015
- Location
- New York, NY, US
- Phone
- 7185194238
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Private Independent Foundations
Reported finances
- Revenue
- $236
- Expenses
- $0
- Assets
- $385,410
- Liabilities
- $70,774
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MICHAEL S FASSLER (PRESIDENT/CEO)
People named in this filing
- MICHAEL S FASSLER (PRESIDENT/CEO)
- STEPHEN B MANN (TREASURER/SR VP-ADMIN)
- RUSSEL KIVLER (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide affordable housing and supportive services to individuals and families in need.
What it reported doing in 2015
To provide subsidized housing for low income senior citizens.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 2
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0.18; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -6.6% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -38.5% per year; rating input score 0; 7th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2014 to 2015
- Contacts: How to reach this organization
- Related organizations: 17 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.