ALPHA MASSILLON HOUSING CORPORATION

EIN: 341635379

Akron, OH

Total Revenue
$697,888
Total Expenses
$538,649
Total Assets
$692,868
Net Assets
$-586,487
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
OH
Tax Period
2024-06-01 to 2025-05-31

ALPHA MASSILLON HOUSING CORPORATION, founded in 1995, is a small nonprofit that reported $698K in total revenue in fiscal year 2024. The organization ran a surplus of $159K, a strong 23% operating margin.

Mission

TO PROVIDE MULTIFAMILY RENTAL ASSISTANCE FOR ELDERLY AND LOW-INCOME INDIVIDUALS WITH FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.

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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 $477,632
Program Service Revenue $213,761
Investment Income $3,234
Other Revenue $3,261
TOTAL REVENUE $697,888

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,133
Fundraising Expenses $0
Program Expenses $380,398
Other Expenses $472,516
TOTAL EXPENSES $538,649

Year-over-Year Comparison

2024 2023 Change
Revenue $697,888 $677,040 +0.0%
Expenses $538,649 $506,659 +0.1%
Net Income $159,239 $170,381 -0.1%
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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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
HORACE HIGHLAND VICE CHAIRMAN OF BUSINESS FINANCE 1.00
Officer Director
$0 $0 $0
SAMUEL DE SHAZIOR CHAIRMAN 1.00
Officer Director
$0 $0 $0
PAUL STALLINGS TREASURER 1.00
Officer Director
$0 $0 $0
DAVID BROWN Jr VICE CHAIRMAN OF MANAGEMENT 8.00
Officer Director
$0 $0 $0
TODD JACKSON SECRETARY 0.00
Officer Director
$0 $0 $0
CARLTON BARNETT VICE CHAIRMAN OF DEVELOPMENT 0.00
Officer Director
$0 $0 $0
JEFFREY WATERMAN BOARD MEMBER 0.00
Director
$0 $0 $0
JOE SIMMONS 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
CHARLES PARNELL BOARD MEMBER 0.00
Director
$0 $0 $0
WAYNE HAWKINS BOARD MEMBER 0.00
Director
$0 $0 $0
ANTHONY KING BOARD MEMBER 0.00
Director
$0 $0 $0
ROGER JOHNSON BOARD MEMBER 0.00
Director
$0 $0 $0
RICHARDO MYERS BOARD MEMBER 0.00
Director
$0 $0 $0
MARVIN LOGAN BOARD MEMBER 0.00
Director
$0 $0 $0
MICHAEL CAMPBELL BOARD MEMBER 0.00
Director
$0 $0 $0
NATHAN HAGINS BOARD MEMBER 0.00
Director
$0 $0 $0
LARRY THOMAS BOARD MEMBER 0.00
Director
$0 $0 $0
DONALD BOYD BOARD MEMBER 0.00
Director
$0 $0 $0
ALBERT BRAGG EXECUTIVE DIRECTOR 1.00
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 $697,888 $538,649 $692,868 $159,239
2024 $677,040 $506,659 $648,007 $170,381
2023 $650,173 $678,992 $535,277 $-28,819
2022 $644,273 $537,216 $654,297 $107,057
2021 $645,175 $496,122 $623,869 $149,053
2020 $622,803 $639,843 $531,266 $-17,040
2019 $606,741 $568,831 $666,747 $37,910
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