REGIONAL HOUSING CORPORATION

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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

1984

Legal Domicile

Principal Officer

SHARON NELL BOYKEN

Phone

2702782989

Tax Period

2024-07-01 to 2025-06-30

REGIONAL HOUSING CORPORATION, founded in 1984, is a small nonprofit that reported $254K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATIONS THEREOF ON A NONPROFIT BASIS.

Program Service Accomplishments

Program 1

Expenses: $258,057 Revenue: $254,307

TO PROVIDE LOW INCOME HOUSING UNDER THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $254,307

Investment Income $96

Other Revenue $0

TOTAL REVENUE $254,403

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,169

Fundraising Expenses $0

Program Expenses $258,057

Other Expenses $238,109

TOTAL EXPENSES $268,278

Year-over-Year Comparison

	2024	2023	Change
Revenue	$254,403	$230,631	+0.1%
Expenses	$268,278	$212,626	+0.3%
Net Income	$-13,875	$18,005	-1.8%

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
JOHN RENFROW	CHAIR	2.00	Officer Director	$0	$0	$0
ETHAN MYER	DIRECTOR	2.00	Director	$0	$0	$0
JESSE JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
MALISSA TROUTMAN	DIRECTOR	2.00	Director	$0	$0	$0
SHARON NELL BOYKEN	DIRECTOR	2.00	Director	$0	$0	$0
SUSIE VANDIVER	DIRECTOR	2.00	Director	$0	$0	$0
VICKI HUGHES	DIRECTOR	2.00	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
2025	$254,403	$268,278	$419,712	$-13,875
2024	$230,631	$212,626	$441,284	$18,005
2023	$219,808	$252,988	$504,416	$-33,180
2022	$212,463	$210,223	$515,867	$2,240
2021	$204,986	$203,890	$535,055	$1,096
2020	$182,198	$176,302	$526,076	$5,896
2019	$176,407	$186,376	$536,173	$-9,969