FARGO, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LUTHERAN SOCIAL SERVICES HOUSING INC, founded in 2008, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2018. Expenses of $6.7M exceeded revenue, resulting in a 23% operating deficit.
LSS HOUSING WILL SUPPORT THE CONTINUED VITALITY OF NORTH DAKOTA COMMUNITIES BY PROVIDING HOUSING AND HOUSING-RELATED SERVICES.
AFFORDABLE HOUSING* (NOTE: LSSND'S HOUSING WORK IS CARRIED OUT THROUGH A SUBSIDIARY, LUTHERAN SOCIAL SERVICES HOUSING, INC.)*HOUSING DEVELOPMENT - LSSND WORKS WITH LOCAL LEADERS TO IDENTIFY CRITICAL...
AFFORDABLE HOUSING* (NOTE: LSSND'S HOUSING WORK IS CARRIED OUT THROUGH A SUBSIDIARY, LUTHERAN SOCIAL SERVICES HOUSING, INC.)*HOUSING DEVELOPMENT - LSSND WORKS WITH LOCAL LEADERS TO IDENTIFY CRITICAL COMMUNITY NEEDS AND THEN IDENTIFY APPROACHES FOR MEETING THEM THAT HAVE THE BEST CHANCE FOR SUCCESS. TO ADDRESS SHORTAGES, WE CREATE PARTNERSHIPS TO BUILD AND RENOVATE TO PROVIDE NEW, AFFORDABLE HOUSING. *PRESERVATION OF AFFORDABLE HOUSING - LSSND WORKS WITH COMMUNITIES AND LOCAL PARTNERS TO ACQUIRE,REHABILITATE AND, ULTIMATELY, PRESERVE EXISTING AFFORDABLE HOUSING UNITS IN RURAL NORTH DAKOTA COMMUNITIES. *PROPERTY MANAGEMENT - WE MANAGE THE AFFORDABLE MULTI-FAMILY HOUSING PORTFOLIO OWNED BY LSSND, AS WELL AS UNITS OWNED BY OTHER ORGANIZATIONS AND INDIVIDUALS AROUND THE STATE. THE PROPERTY MANAGEMENT TEAM IS COMMITTED TO BEING BOTH COMPASSIONATE AND COMPETENT, OFFERING DAY-TO-DAY ON-SITE MANAGEMENT WHILE ALSO ADDRESSING INDIVIDUAL TENANT NEEDS. 1,741 PEOPLE LIVED IN HOMES MANAGED BY LUTHERAN SOCIAL SERVICES
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $5,441,224 | $5,398,581 | +0.0% |
| Expenses | $6,686,003 | $6,255,417 | +0.1% |
| Net Income | $-1,244,779 | $-856,836 | +0.5% |
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 |
|---|---|---|---|---|---|---|
| MARK NARUM | BOARD CHAIR | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| KRIS FEHR | VICE PRESIDENT | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN TAYLOR | SECRETARY | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL ANDERSON | TREASURER | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM DAVIS | BOARD MEMBER | 1.50 |
Director
|
$0 | $0 | $0 |
| LYNN FUNDINGSLAND | BOARD MEMBER | 1.50 |
Director
|
$0 | $0 | $0 |
| FATHER BRUCE WALKER | BOARD MEMBER | 1.50 |
Director
|
$0 | $0 | $0 |
| CRAIG SCHWEITZER | BOARD MEMBER (PARTIAL YEAR) | 1.50 |
Director
|
$0 | $0 | $0 |
| JESSICA THOMASSON | CEO - LSSND | 5.00 |
Officer
|
$0 | $32,521 | $162,884 |
| KARA WINKELMAN | DIRECTOR OF FINANCE - LSSND | 5.00 |
Officer
|
$0 | $10,360 | $85,534 |
| PAULETTE PAULSON | PRESIDENT | 38.50 |
Officer
|
$0 | $18,581 | $92,524 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $5,441,224 | $6,686,003 | $61,970,558 | $-1,244,779 |
| 2018 | $5,398,581 | $6,255,417 | $64,032,077 | $-856,836 |
Compare LUTHERAN SOCIAL SERVICES HOUSING INC with other nonprofits in North Dakota and across the country.