Woodbend Housing Corporation

EIN: 341411188

Akron, OH

Total Revenue
$448,168
Total Expenses
$405,771
Total Assets
$754,882
Net Assets
$-259,136
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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
OH
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

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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 $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
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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
26
Independent Members
26
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
6
$0
Total Directors
26
$0
Key Employees
1
$0
Highest Compensated
0
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
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