SPILLVILLE HOUSING CORPORATION

EIN: 237369797

SPILLVILLE, IA

Total Revenue
$70,906
Total Expenses
$73,989
Total Assets
$422,108
Net Assets
$422,108
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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
1974
Legal Domicile
IA
Principal Officer
RUTH BILY
Phone
5635623450
Tax Period
2025-01-01 to 2025-12-31

SPILLVILLE HOUSING CORPORATION, founded in 1974, is a micro nonprofit that reported $71K in total revenue in fiscal year 2025. Net assets of $422K represent 71 months of operating reserves.

Mission

PROVIDE LOW TO MODERATE COST HOUSING OPPORTUNITIES IN A COMFORTABLE AND ATTRACTIVE FACILITIES AND LOCATION. CAPACITY OF THE PROJECT IS A MAXIMUM OF 32 INDIVIDUALS.

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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 $75
Program Service Revenue $64,403
Investment Income $6,428
Other Revenue $0
TOTAL REVENUE $70,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,839
Other Expenses $73,989
TOTAL EXPENSES $73,989

Year-over-Year Comparison

2025 2024 Change
Revenue $70,906 $73,035 0.0%
Expenses $73,989 $65,634 +0.1%
Net Income $-3,083 $7,401 -1.4%
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
37
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
3
$3,600
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUTH BILY SECRETARY 0.0
Officer
$3,600 $0 $3,600
PAUL WERMERS TREASURER 0.0
Officer
$0 $0 $0
GARY JOHNSON PRESIDENT 0.0
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 $70,906 $73,989 $422,108 $-3,083
2024 $73,035 $65,634 $425,741 $7,401
2023 $64,321 $71,814 $418,402 $-7,493
2022 $57,037 $75,170 $426,184 $-18,133
2021 $62,120 $71,786 $447,612 $-9,666
2020 $64,089 $50,491 $457,571 $13,598
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