OTTAWA AREA HOUSING INCORPORATED (EIN 341317824) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

DAN IRWIN

Phone

4195233909

Tax Period

2024-01-01 to 2024-12-31

OTTAWA AREA HOUSING INCORPORATED, founded in 1974, is a small nonprofit that reported $297K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE LOW RENTAL APARTMENTS FOR SENIOR CITIZENS AND PEOPLE WITH DISABILITIES ALONG WITH FACILITIES FOR SOCIAL AND RECREATIONAL ACTIVITIES FOR RESIDENTS. THERE ARE 60 AVAIABLE UNITS FOR RENTAL.

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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 $292,746

Investment Income $4

Other Revenue $4,204

TOTAL REVENUE $296,954

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,759

Fundraising Expenses $0

Program Expenses $272,010

Other Expenses $240,002

TOTAL EXPENSES $299,761

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,954	$250,527	+0.2%
Expenses	$299,761	$252,641	+0.2%
Net Income	$-2,807	$-2,114	+0.3%

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

Volunteers

N/A

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

$37,575

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERNICE RUHE	MANAGER	30.00	Officer	$37,575	$0	$37,575
DEVIN ELLERBROCK	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN KISTLER	DIRECTOR	N/A	Director	$0	$0	$0
JAMES SHERRY	DIRECTOR	N/A	Director	$0	$0	$0
DAN IRWIN	TREASURER	N/A	Officer	$0	$0	$0
JASON RECKER	PRESIDENT	N/A	Officer	$0	$0	$0
ANGELA REED	MANAGER	N/A	Officer	$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	No data	No data	No data	No data
2024	$296,954	$299,761	$136,295	$-2,807
2023	$250,527	$252,641	$132,938	$-2,114
2022	$218,266	$245,934	$147,085	$-27,668
2021	$221,301	$203,841	$183,235	$17,460
2020	$201,458	$202,517	$197,041	$-1,059
2019	$208,967	$229,972	$216,192	$-21,005
2018	$210,476	$199,002	$262,991	$11,474

OTTAWA AREA HOUSING INCORPORATED