HEARTLAND REALTY LLC C/O WASHINGTON CAPITAL MANAGEMENT INC (EIN 202901791) - 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

2000

Legal Domicile

Principal Officer

RICHARD LEERET

Phone

6175268800

Tax Period

2024-01-01 to 2024-12-31

HEARTLAND REALTY LLC C/O WASHINGTON CAPITAL MANAGEMENT INC, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

HOLDING OF TITLE TO PROPERTY WITH NET INCOME TURNED OVER TO THE OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM (OPERS), A RELATED ORGANIZATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $2,810,289

TOTAL REVENUE $2,810,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,810,289	$3,410,830	-0.2%
Expenses	N/A	N/A	N/A
Net Income	N/A	$3,410,830	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD P LEERET	PRESIDENT	1.0	Officer Director	$0	$0	$0
ROBERT M KOVECS	TREASURER/SECRETARY	1.0	Officer Director	$0	$0	$0
JENNY GAGE	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
MICHAEL SIERRA	VICE PRESIDENT	1.0	Officer Director	$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	$2,810,289	No data	$75,520,965	No data
2023	$3,410,830	No data	$70,311,057	No data
2022	$3,330,550	No data	$63,733,610	No data
2021	$3,191,736	No data	$52,565,983	No data
2020	$3,259,726	No data	$53,034,052	No data
2019	$3,025,836	No data	$52,956,085	No data
2018	$2,747,666	No data	$50,106,915	No data

HEARTLAND REALTY LLC C/O WASHINGTON CAPITAL MANAGEMENT INC