ERSKINE COMMUNITY HOUSING INC

EIN: 237245154

ERSKINE, MN

Total Revenue
$110,468
Total Expenses
$120,823
Total Assets
$561,247
Net Assets
$230,470
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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
1972
Legal Domicile
MN
Principal Officer
LEE HOAAS
Phone
8005046093
Tax Period
2025-01-01 to 2025-12-31

ERSKINE COMMUNITY HOUSING INC, founded in 1972, is a small nonprofit that reported $110K in total revenue in fiscal year 2025. Net assets of $230K represent 25 months of operating reserves.

Mission

TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOCAL RESIDENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $116,097
Investment Income $-5,629
Other Revenue $0
TOTAL REVENUE $110,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $106,389
Other Expenses $120,823
TOTAL EXPENSES $120,823

Year-over-Year Comparison

2025 2024 Change
Revenue $110,468 $107,054 +0.0%
Expenses $120,823 $87,010 +0.4%
Net Income $-10,355 $20,044 -1.5%
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
3
Independent Members
3
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY COOK DIRECTOR 1.00
Director
$0 $0 $0
DENTON NIKOLAYSON DIRECTOR 1.00
Director
$0 $0 $0
LEE HOAAS PRESIDENT 1.00
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 $110,468 $120,823 $561,247 $-10,355
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