AI Transparency Report
Southeast Grand St Guild Hdf Co Inc Residential Management Assoc Inc demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating operational stability. For instance, in the 202406 period, revenue was $10,599,055 against expenses of $9,835,062. However, the organization consistently carries significant liabilities, often exceeding its assets. For example, in 202406, assets were $30,329,710 while liabilities stood at $53,022,851. This substantial debt load, which has been a long-standing trend, warrants closer examination to understand its nature and sustainability.
The organization's NTEE code L21 suggests it is involved in housing development, construction, and management, which often entails significant capital expenditures and debt financing. The consistent reporting of 0% officer compensation across all available filings indicates strong financial transparency regarding executive pay, as no compensation is reported for officers, directors, trustees, or key employees. This practice, while unusual for an organization of its size and revenue, suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which would require further clarification for complete transparency. The consistent revenue generation, peaking at $14,434,139 in the latest available data, suggests a stable funding model, likely from property management or related housing activities.