Superior, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEDFORD AREA HOUSING INC, founded in 1976, is a small nonprofit in the Housing & Shelter sector that reported $417K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $392K left a modest 6% surplus.
Creating homes by bringing safe and affordable housing opportunities to seniors and persons with disabilities in accordance with the charitable works and traditions of the Roman Catholic Church. Works are carried out in accordance with Catholic Social teachings.
Provided affordable housing to 80 low income senior citizens and persons with disabilities. Tenant's portion of housing costs were limited to no more than 30% of their disposable income. Remaining...
Provided affordable housing to 80 low income senior citizens and persons with disabilities. Tenant's portion of housing costs were limited to no more than 30% of their disposable income. Remaining portion of housing costs were subsidized by the Rental Assistance Program of the U. S. Department of Agriculture Rural Development agency thereby enabling people with limited income to live in affordable housing.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $417,311 | $369,725 | +0.1% |
| Expenses | $391,561 | $341,343 | +0.1% |
| Net Income | $25,750 | $28,382 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Welch | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Dale Johnson | Vice President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffrey Urbaniak | Secretary/Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Tracy Allen | Board Director | 1 |
Director
|
$0 | $0 | $0 |
| Sue Blank | Board Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $417,311 | $391,561 | $616,163 | $25,750 |
| 2023 | $369,725 | $341,343 | $561,197 | $28,382 |
| 2022 | $339,247 | $304,786 | $554,236 | $34,461 |
| 2021 | $340,740 | $294,856 | $550,908 | $45,884 |
| 2020 | $324,680 | $278,504 | $563,240 | $46,176 |
| 2019 | $336,867 | $303,430 | $528,994 | $33,437 |
| 2018 | $337,330 | $283,664 | $525,234 | $53,666 |
Compare MEDFORD AREA HOUSING INC with other nonprofits in Wisconsin and across the country.