PRESBYTERIAN HOUSING CORPORATION

EIN: 237230453 501(c)(3) Housing & Shelter

LEXINGTON, KY

Total Revenue
$356,819
Total Expenses
$381,967
Total Assets
$962,671
Net Assets
$91,591
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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
KY
Principal Officer
STAN KRAMER
Phone
8592253334
Tax Period
2024-08-01 to 2025-07-31

PRESBYTERIAN HOUSING CORPORATION, founded in 1970, is a small nonprofit in the Housing & Shelter sector that reported $357K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

ASSIST IN PROVIDING AFFORDABLE HOUSING TO LOW-INCOME FAMILIES AND INDIVIDUALS.

Program Service Accomplishments

Program 1
Expenses: $209,271 Revenue: $24,062

THE PRESBYTERIAN HOUSING CORPORATION OWNS & OPERATES TWO HOUSING PROJECTS FOR LOW-INCOME FAMILIES & INDIVIDUALS. THERE ARE A TOTAL OF 152 UNITS AVAILABLE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $203,339
Program Service Revenue $24,059
Investment Income $0
Other Revenue $129,421
TOTAL REVENUE $356,819

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,426
Fundraising Expenses $0
Program Expenses $209,271
Other Expenses $344,541
TOTAL EXPENSES $381,967

Year-over-Year Comparison

2024 2023 Change
Revenue $356,819 $225,149 +0.6%
Expenses $381,967 $245,733 +0.6%
Net Income $-25,148 $-20,584 +0.2%
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

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Governance

Voting Members
4
Independent Members
4
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RHETT MCGOODWIN DIRECTOR 2.00
Director
$0 $0 $0
STAN KRAMER PRESIDENT 2.00
Officer
$0 $0 $0
RANDY RAINES TREASURER 2.00
Officer
$0 $0 $0
EVELYN KRAMER SECRETARY 2.00
Officer
$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
2025 $356,819 $381,967 $962,671 $-25,148
2024 $225,149 $245,733 $1,044,442 $-20,584
2023 $227,543 $211,703 $1,035,695 $15,840
2022 $484,356 $258,498 $4,401,703 $225,858
2021 $198,198 $210,238 $4,218,711 $-12,040
2020 $102,867 $164,542 $4,007,035 $-61,675
2019 $5,560,749 $686,532 $3,703,663 $4,874,217
2018 $1,002,938 $969,593 $640,237 $33,345
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