DEERWOOD HOUSING INC

EIN: 237428328

DEERWOOD, MN

Total Revenue
$231,736
Total Expenses
$337,472
Total Assets
$357,039
Net Assets
$62,578
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
MN
Principal Officer
TROY EDMUNDSON
Phone
2185342912
Tax Period
2024-01-01 to 2024-12-31

DEERWOOD HOUSING INC, founded in 1977, is a small nonprofit that reported $232K in total revenue in fiscal year 2024. Expenses of $337K exceeded revenue, resulting in a 46% operating deficit.

Mission

PROVIDE HOUSING TO LOW INCOME INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,559
Program Service Revenue $177,889
Investment Income $1,288
Other Revenue $0
TOTAL REVENUE $231,736

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,411
Fundraising Expenses $0
Program Expenses $278,568
Other Expenses $270,061
TOTAL EXPENSES $337,472

Year-over-Year Comparison

2024 2023 Change
Revenue $231,736 $230,926 +0.0%
Expenses $337,472 $299,058 +0.1%
Net Income $-105,736 $-68,132 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
N/A
Employees
4
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
4
$38,176
Total Directors
6
$6,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY STEINKE SEC/ASST TRE 35.00
Officer
$34,276 $0 $34,276
TROY EDMUNDSON PRESIDENT 5.00
Officer Director
$1,500 $0 $1,500
TED ABEAR TREASURER 5.00
Officer Director
$1,275 $0 $1,275
BRENDA STIREWALT DIRECTOR 5.00
Director
$1,200 $0 $1,200
PAT VANG DIRECTOR 5.00
Director
$1,200 $0 $1,200
JAN HABIGHORST TREASURER - 5.00
Officer Director
$1,125 $0 $1,125
SCOTT KNEELAND DIRECTOR 5.00
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
2024 $231,736 $337,472 $357,039 $-105,736
2023 $230,926 $299,058 $473,167 $-68,132
2022 $189,341 $285,677 $561,862 $-96,336
2021 $194,105 $259,076 $665,998 $-64,971
2020 $196,949 $211,211 $720,466 $-14,262
2018 $188,788 $213,657 $681,477 $-24,869
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DEERWOOD HOUSING INC with other nonprofits in Minnesota and across the country.