Monroe Housing Collaborative Inc

Nonprofit profile at a glance

EIN
474492869
IRS 990 coverage
2022–2022
Forms available
Form 990 2022, Form 990-EZ 2022, Form 990-N 2018
Location
Rochester, NY, USA
Phone
5854424100
Rating confidence
Limited
Sector
Housing Support

Official website

Reported finances

Revenue
$0
Expenses
$3,890
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • THOMAS O'CONNER (PRESIDENT)
  • JEFF SINSEBOX (VICE PRESIDENT)

People named in this filing

  • MARY WALSH BOATFIELD (SECRETARY/ TREASURER)
  • JEFFREY BAKER (BOARD MEMBER)
  • PATRICIA WOODS (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Prior to the decision to terminate operations, monroe housing collaborative, through its community partners, was structured to ensure safe, affordable housing options were available for people of all abilities, in monroe county, New York. The collaborative was a resource for all individuals within our community that provided information regarding the location, cost, types, and accessibility of housing options. The collaborative also provided information regarding unmet housing needs to a broad array of real estate developers. The collaborative was committed to developing a range of options to ensure availability of housing opportunities for individuals in our community.

What it reported doing in 2022

The collaborative provided no services in this three month short year. The focus during this three months was to administer the wind-down of operations and termination of the entity.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -46.2% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -46.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.