WESTMINSTER HOUSING GROUP I

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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

1970

Legal Domicile

Principal Officer

WILLIAM E LOESCH

Phone

6264293406

Tax Period

2017-01-01 to 2017-12-31

WESTMINSTER HOUSING GROUP I, founded in 1970, is a micro nonprofit that reported $9 in total revenue in fiscal year 2017. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 38109711% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME INDIVIDUALS AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $3,426,446

OWNERSHIP AND OPERATION OF RENTAL APARTMENT HOUSING UNDER DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PROGRAM TO PROVIDE SUBSIDIZED HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES. THE PROPERTY WAS SOLD IN NOVEMBER 2015. THE ORGANIZATION IS CURRENTLY IN THE PROCESS OF DISSOLUTION AND DISTRIBUTION OF ITS CASH BALANCES TO OTHER NONPROFIT ORGANIZATIONS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $9

Other Revenue $0

TOTAL REVENUE $9

Expense Breakdown

Grants Paid $3,426,446

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,426,446

Other Expenses $3,437

TOTAL EXPENSES $3,429,883

Year-over-Year Comparison

	2017	2016	Change
Revenue	$9	$279	-1.0%
Expenses	$3,429,883	$133,489	+24.7%
Net Income	$-3,429,874	$-133,210	+24.7%

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

N/A

Independent Members

N/A

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
WILLIAM LOESCH	PRESIDENT & TRUSTEE	0.10	Officer Director	$0	$0	$0
ALISON JOHNSON	TREASURER & TRUSTEE	0.10	Officer Director	$0	$0	$0
GEORGE COULTER	TRUSTEE	0.10	Director	$0	$0	$0
WAYNE FUNG	VICE PRESIDENT & TRUSTEE	0.10	Officer Director	$0	$0	$0
DUSTIN PADDOCK	VICE PRESIDENT & TRUSTEE	0.10	Officer Director	$0	$0	$0
JENNY BAKER	MEMBER AT LARGE	0.10	Director	$0	$0	$0
GINNY LEASHER	MEMBER AT LARGE	0.10	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
2017	$9	$3,429,883	No data	$-3,429,874