MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AFFORDABLE HOMES FOR ALL, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $878K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $699K, a strong 80% operating margin.
THE MISSION OF AFFORDABLE HOMES FOR ALL IS TO PRESERVE AND BUILD AFFORDABLE HOMES FOR ALL. IT HAS BEEN CREATED TO RESPOND TO THE GROWING NEED FOR QUALITY AFFORDABLE HOUSING FOR FAMILIES, INDIVIDUALS, THE ELDELY AND HADICAPPED.
AFFORDABLE HOMES FOR ALL HAS 2 PROGRAMS: THE DEVELOPMENT OF AFFORDABLE HOUSING UNITS AND THE OPERATION OF AFFORDABLE HOUSING UNITS. OUR MISSIONS IS TO DEVELOP, OPERATE, AND MAINTAIN HIGH QUALITY...
AFFORDABLE HOMES FOR ALL HAS 2 PROGRAMS: THE DEVELOPMENT OF AFFORDABLE HOUSING UNITS AND THE OPERATION OF AFFORDABLE HOUSING UNITS. OUR MISSIONS IS TO DEVELOP, OPERATE, AND MAINTAIN HIGH QUALITY AFFORDABLE HOUSING. WE OPERATED AND MAINTAINED THE FOLLOWING AFFORDABLE PROPERTIES:AFFORDABLE HOMES FOR ALL ACQUIRED WINONA ARMS, INC. IN 2012. WINONA ARMS OWNS A 49-UNIT APARTMENT BUILDING IN WINONA, MINNESOTA. THE BUILDING OPERATES UNDER HUD SECTION 202 AND SECTION 8 REGULATIONS. AFFORDABLE HOMES FOR ALL ACQUIRED GENERAL PARTNERSHIP INTEREST IN EMERSON HOUSING, L.P. IN 2012. EMERSON HOUSING OWNS 44-UNIT MULTIFAMILY HOUSING PROJECT IN GARY, INDIANA. THE HOUSING OPERATES UNDER THE LOW INCOME HOUSING TAX CREDIT PROGRAM. AFFORDABLE HOMES FOR ALL CONTROLS SE HALL-WHITNEY YOUNG HOUSING CORPORATION (THE CORPORATION). THE CORPORATION OWNS 45-UNIT APARTMENT FOR THE ELDELY LOCATED IN SAINT PAUL, MINNESOTA (THE PROJECT). THE PROJECT OPERATES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION'S FIRST MORTGAGE IS FINANCED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP INTEREST IN YORKTOWN CONTINENTAL, LP. YORKTOWN OPERATES A 264 - UNIT APARTMENT BUILDING LOCATED IN EDINA, MINNESOTA (THE PROJECT). THE PROJECT OPERATES UNDER HUD SECTION 8 REGULATIONS. THE MORTGAGE ON THE THE PROJECT IS INSURED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 221(D)4 OF THE NATIONAL HOUSING ACT.AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP INTEREST IN PLYMOUTH STEVENS, LP. THIS LIMITED PARTNERSHIP PURCHASED THE PROPERTIES OWNED BY PLYMOUTH AVENUE AND STEVENS HOUSE ON JUNE 30, 2016. THE PARTNERSHIP OPERATES A 207-UNIT APARTMENT BUILDING LOCATED IN MINNEAPOLIS, MINNESOTA (THE PROJECT). THE PROJECT OPERATES UNDER HUD SECTION 8 REGULATIONS. THE MORTGAGE ON THE PROJECT IS INSURED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 221(D)(4) OF THE NATIONAL HOUSING ACT.AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP INTEREST IN CECIL NEWMAN APARTMENTS, LP AND EFFECTIVE DECEMBER 31, 2021, NRRC ASSIGNED THEIR GENERAL PARTNERSHIP INTEREST AND NEF ASSIGNED THEIR LIMITED PARTNERSHIP INTEREST IN CECIL NEWMAN TO AFFORDABLE HOMES FOR ALL. CECIL NEWMAN OPERATES A 64-UNIT APARTMENT COMPLEX IN MINNEAPOLIS, MINNESOTA. ALL UNITS ARE ELIGIBLE TO RECEIVE SECTION 8 RENTAL ASSISTANCE. FINANCED WITH A HUD INSURED MORTGAGE.AFFORDABLE HOMES FOR ALL HAS A GENERAL PARTNERSHIP AND LIMITED PARTNERSHIP INTEREST IN WINNIPEG APARMENTS, LP. WINNIPEG OPERATES A MIXED USE APARTMENT BUILDING LOCATED IN ST. PAUL, MINNESOTA, CONTAINING 56 RESIDENTIAL UNITS AND 6,000 SQUARE FEET OF COMMERCIAL SPACE. FINANCED WITH A HUD INSURED MORTGAGE.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $877,939 | $944,222 | -0.1% |
| Expenses | $178,919 | $525,767 | -0.7% |
| Net Income | $699,020 | $418,455 | +0.7% |
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 |
|---|---|---|---|---|---|---|
| JOHN MILLER | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH L HOLMBERG | PRESIDENT | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE WILSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY HOLMBERG | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $877,939 | $178,919 | $30,615,013 | $699,020 |
| 2024 | $944,222 | $525,767 | $29,915,993 | $418,455 |
| 2023 | $886,079 | $327,186 | $29,497,538 | $558,893 |
| 2022 | $957,143 | $761,714 | $28,938,645 | $195,429 |
| 2021 | $916,584 | $789,116 | $28,744,277 | $127,468 |
| 2020 | $1,789,746 | $1,715,576 | $28,630,338 | $74,170 |
| 2019 | $907,631 | $416,157 | $28,582,015 | $491,474 |
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