OMAHA, NE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MARION SENIOR LIVING INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $310K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $390K exceeded revenue, resulting in a 26% operating deficit.
THE ORGANIZATION, FORMED UNDER THE NOT-FOR-PROFIT STATUTES OF THE STATE OF IOWA, OWNS AND OPERATES A 40-UNIT COMMUNITY KNOWN AS MOUNDVIEW MANOR LOCATED IN MARION, IOWA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS, INCLUDING THOSE WITH PHYSICAL DISABILITIES, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.THE ORGANIZATION ENTERED INTO A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). PURSUANT TO THE REGULATORY AGREEMENT, THE ORGANIZATION MUST MAINTAIN 39 OF ITS 40 UNITS AS AFFORDABLE TO LOW INCOME ELDERLY PERSONS. THE ORGANIZATION RECEIVES RENT SUBSIDIES THROUGH A PROJECT RENTAL ASSISTANCE CONTRACT ("PRAC") WITH HUD. THE PRAC PROVIDES SUBSIDIES TO ELIGIBLE RESIDENTS TO ENABLE SUCH RESIDENTS TO LIVE IN SAFE, ADEQUATE HOUSING FACILITIES THEY COULD NOT OTHERWISE AFFORD. THE PRAC PROVIDES SUBSIDIES FOR 39 OF THE COMMUNITY'S 40 UNITS.
THE ORGANIZATION, FORMED UNDER THE NOT-FOR-PROFIT STATUTES OF THE STATE OF IOWA, OWNS AND OPERATES A 40-UNIT COMMUNITY KNOWN AS MOUNDVIEW MANOR LOCATED IN MARION, IOWA, WHICH PROVIDES HOUSING FOR LOW...
THE ORGANIZATION, FORMED UNDER THE NOT-FOR-PROFIT STATUTES OF THE STATE OF IOWA, OWNS AND OPERATES A 40-UNIT COMMUNITY KNOWN AS MOUNDVIEW MANOR LOCATED IN MARION, IOWA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS, INCLUDING THOSE WITH PHYSICAL DISABILITIES, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT.THE ORGANIZATION ENTERED INTO A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). PURSUANT TO THE REGULATORY AGREEMENT, THE ORGANIZATION MUST MAINTAIN 39 OF ITS 40 UNITS AS AFFORDABLE TO LOW INCOME ELDERLY PERSONS. THE ORGANIZATION RECEIVES RENT SUBSIDIES THROUGH A PROJECT RENTAL ASSISTANCE CONTRACT ("PRAC") WITH HUD. THE PRAC PROVIDES SUBSIDIES TO ELIGIBLE RESIDENTS TO ENABLE SUCH RESIDENTS TO LIVE IN SAFE, ADEQUATE HOUSING FACILITIES THEY COULD NOT OTHERWISE AFFORD. THE PRAC PROVIDES SUBSIDIES FOR 39 OF THE COMMUNITY'S 40 UNITS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $310,299 | $273,803 | +0.1% |
| Expenses | $390,328 | $389,069 | +0.0% |
| Net Income | $-80,029 | $-115,266 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| DICK DEARINGER | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN STANFORD | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMARA DANOVER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA DEARINGER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHLEEN LAMMERS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DICK GRIMM | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $310,299 | $390,328 | $1,917,641 | $-80,029 |
| 2023 | $273,803 | $389,069 | $2,027,380 | $-115,266 |
| 2022 | $276,968 | $375,943 | $2,115,689 | $-98,975 |
| 2021 | $407,235 | $333,666 | $2,241,506 | $73,569 |
| 2020 | $948,888 | $344,102 | $2,161,214 | $604,786 |
| 2019 | $248,999 | $304,558 | $1,588,665 | $-55,559 |
Compare MARION SENIOR LIVING INC with other nonprofits in Nebraska and across the country.