MADISON COUNTY AFFORDABLE HOUSING … - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

YOLANDA CROCHRELL

Phone

6183455142

Tax Period

2023-01-01 to 2023-12-31

MADISON COUNTY AFFORDABLE HOUSING CORPORATION NFP, founded in 2010, is a micro nonprofit in the Housing & Shelter sector that reported $63K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $15K, a strong 24% operating margin.

Mission

THE DEVELOPMENT OF AFFORDABLE HOUSING IN THE STATE OF ILLINOIS.

Program Service Accomplishments

Program 1

Expenses: $43,432

THE ORGANIZATION OWNS AND OPERATES ONE RENTAL PROPERTY, IN THE CITY OF MADISON ILLINOIS, COMPRISED OF 5 UNITS FOR LOW INCOME TENANTS. ALL REVENUE AND EXPENSES REPORTED IN THE 990 RELATE TO THE...

THE ORGANIZATION OWNS AND OPERATES ONE RENTAL PROPERTY, IN THE CITY OF MADISON ILLINOIS, COMPRISED OF 5 UNITS FOR LOW INCOME TENANTS. ALL REVENUE AND EXPENSES REPORTED IN THE 990 RELATE TO THE OWNERSHIP AND OPERATING COSTS FOR THIS ONE RENTAL PROPERTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,067

Other Revenue $61,624

TOTAL REVENUE $62,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,979

Fundraising Expenses $0

Program Expenses $43,432

Other Expenses $35,945

TOTAL EXPENSES $47,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,691	$72,605	-0.1%
Expenses	$47,924	$42,531	+0.1%
Net Income	$14,767	$30,074	-0.5%

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

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
JAMES GRAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRETT BRUHN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TERRY BONES ALLAN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
YOLANDA CROCHRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM ELLIOTT	BOARD MEMBER	1.00	Director	$0	$0	$0
ALBERT SUGUITAN	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$62,691	$47,924	$692,690	$14,767
2022	$72,605	$42,531	$726,831	$30,074
2021	$80,331	$37,559	$764,067	$42,772
2020	$75,226	$38,969	$771,238	$36,257

MADISON COUNTY AFFORDABLE HOUSING CORPORATION NFP