Woodbend Housing Corporation

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Tax Period

2024-10-01 to 2025-09-30

Woodbend Housing Corporation, founded in 1984, is a small nonprofit that reported $448K in total revenue in fiscal year 2024. Expenses of $406K left a modest 9% surplus.

Mission

To provide low income housing for the elderly

Program Service Accomplishments

Program 1

Expenses: $299,855

This program is designed to provide multifamily rental assistance for elderly and low-income individuals. The primary goal of the program is to promote the common good, social welfare, and the...

This program is designed to provide multifamily rental assistance for elderly and low-income individuals. The primary goal of the program is to promote the common good, social welfare, and the attainment of decent, safe, and sanitary housing along with related facilities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $321,911

Program Service Revenue $121,733

Investment Income $1,087

Other Revenue $3,437

TOTAL REVENUE $448,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,276

Fundraising Expenses $0

Program Expenses $299,855

Other Expenses $329,495

TOTAL EXPENSES $405,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$448,168	$438,962	+0.0%
Expenses	$405,771	$434,898	-0.1%
Net Income	$42,397	$4,064	+9.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samuel De Shazior	Chairman	1.00	Officer Director	$0	$0	$0
Paul Stallings	Treasurer	1.00	Officer Director	$0	$0	$0
Todd Jackson	Secretary	1.00	Officer Director	$0	$0	$0
David Brown Jr	Vice Chairman of Management	1.00	Officer Director	$0	$0	$0
Carlton Barnett	Vice Chairman of Development	1.00	Officer Director	$0	$0	$0
Horace Highland	Vice Chairman of Business and Finan	1.00	Officer Director	$0	$0	$0
Anthony King	Board Member	0.00	Director	$0	$0	$0
Marvin Logan	Board Member	0.00	Director	$0	$0	$0
Joe Simmons	Board Member	0.00	Director	$0	$0	$0
Richardo Myers	Board Member	0.00	Director	$0	$0	$0
Charles Parnell	Board Member	0.00	Director	$0	$0	$0
Donald Boyd	Board Member	0.00	Director	$0	$0	$0
Nathan Hagins	Board Member	0.00	Director	$0	$0	$0
Jeffrey Waterman Jr	Board Member	0.00	Director	$0	$0	$0
Darrin Toney	Board Member	0.00	Director	$0	$0	$0
Climon Lee III	Board Member	0.00	Director	$0	$0	$0
Eufrancia Lash	Board Member	0.00	Director	$0	$0	$0
David Jenkins	Board Member	0.00	Director	$0	$0	$0
John Harris	Board Member	0.00	Director	$0	$0	$0
Richard Johnson	Board Member	0.00	Director	$0	$0	$0
Jamal Hamm	Board Member	0.00	Director	$0	$0	$0
Howard Curry	Board Member	0.00	Director	$0	$0	$0
Wayne Hawkins	Board Member	0.00	Director	$0	$0	$0
Roger Johnson	Board Member	0.00	Director	$0	$0	$0
Michael Campbell	Board Member	0.00	Director	$0	$0	$0
Larry Thomas	Board Member	0.00	Director	$0	$0	$0
Albert Bragg Jr	Executive Director	8.00	Key Emp	$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	$448,168	$405,771	$754,882	$42,397
2024	$438,962	$434,898	$723,782	$4,064
2023	$427,521	$404,225	$794,187	$23,296
2022	$377,846	$314,487	$800,015	$63,359
2021	$387,114	$338,556	$770,987	$48,558
2020	$401,166	$488,549	$752,017	$-87,383
2019	$389,941	$345,836	$888,956	$44,105
2018	$393,345	$486,351	$898,089	$-93,006