MEDFORD AREA HOUSING INC (EIN 237329408) - 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

1976

Legal Domicile

Principal Officer

Alan Rock

Phone

7153946617

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

Provision of affordable housing to low income senior citizens of Taylor County, Wisconsin

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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 $136,427

Program Service Revenue $280,239

Investment Income $645

Other Revenue $0

TOTAL REVENUE $417,311

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,599

Fundraising Expenses $0

Program Expenses $299,982

Other Expenses $315,962

TOTAL EXPENSES $391,561

Year-over-Year Comparison

	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%

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

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
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

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	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

MEDFORD AREA HOUSING INC