AFFORDABLE HOUSING INITIATIVES

EIN: 274393012 501(c)(3) Housing & Shelter

WAITE PARK, MN

Total Revenue
$44,381
Total Expenses
$66,579
Total Assets
$1,241,819
Net Assets
$941,819
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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
2011
Legal Domicile
MN
Principal Officer
PETER FUCHSTEINER
Phone
3202023100
Tax Period
2024-01-01 to 2024-12-31

AFFORDABLE HOUSING INITIATIVES, founded in 2011, is a micro nonprofit in the Housing & Shelter sector that reported $44K in total revenue in fiscal year 2024. Expenses of $67K exceeded revenue, resulting in a 50% operating deficit.

Mission

TO PROMOTE AFFORDABLE HOUSING AND RELATED SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,550
Program Service Revenue $0
Investment Income $9,586
Other Revenue $28,245
TOTAL REVENUE $44,381

Expense Breakdown

Grants Paid $56,750
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,579
Other Expenses $9,829
TOTAL EXPENSES $66,579

Year-over-Year Comparison

2024 2023 Change
Revenue $44,381 $46,704 0.0%
Expenses $66,579 $23,445 +1.8%
Net Income $-22,198 $23,259 -2.0%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER FUCHSTEINER PRESIDENT 0.50
Officer Director
$0 $0 $0
JIM SAND SECRETARY 0.50
Officer Director
$0 $0 $0
JOHN BELISLE BOARD MEMBER 0.50
Director
$0 $0 $0
JEFFREY RIEDER BOARD MEMBER 0.50
Director
$0 $0 $0
NEIL FORTIER BOARD MEMBER 0.50
Director
$0 $0 $0
JASON MORTLAND BOARD MEMBER 0.50
Director
$0 $0 $0
PAT PLAMANN BOARD MEMBER 0.50
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 $44,381 $66,579 $1,241,819 $-22,198
2023 $46,704 $23,445 $1,264,017 $23,259
2022 $44,279 $19,242 $1,240,758 $25,037
2021 $29,640 $19,071 $1,216,506 $10,569
2020 $23,910 $14,453 $1,205,152 $9,457
2019 $25,502 $14,360 $1,196,376 $11,142
2018 $26,362 $19,632 $1,185,107 $6,730
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