Alpha Wooster Housing Corporation

EIN: 341762361

Akron, OH

Total Revenue
$347,302
Total Expenses
$378,276
Total Assets
$628,245
Net Assets
$-1,943,557
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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
2024-04-01 to 2025-03-31

Alpha Wooster Housing Corporation, founded in 1984, is a small nonprofit that reported $347K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

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 $152,175
Program Service Revenue $190,393
Investment Income $3,744
Other Revenue $990
TOTAL REVENUE $347,302

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,835
Fundraising Expenses $0
Program Expenses $284,291
Other Expenses $307,441
TOTAL EXPENSES $378,276

Year-over-Year Comparison

2024 2023 Change
Revenue $347,302 $314,226 +0.1%
Expenses $378,276 $418,575 -0.1%
Net Income $-30,974 $-104,349 -0.7%
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
Donald Boyd Board Member 0.00
Director
$0 $0 $0
Anthony King Board Member 0.00
Director
$0 $0 $0
Wayne Hawkins Board Member 0.00
Director
$0 $0 $0
Charles Parnell Board Member 0.00
Director
$0 $0 $0
Howard Curry Board Member 0.00
Director
$0 $0 $0
Jamal Hamm Board Member 0.00
Director
$0 $0 $0
Richard Johnson Board Member 0.00
Director
$0 $0 $0
John Harris Board Member 0.00
Director
$0 $0 $0
David Jenkins Board Member 0.00
Director
$0 $0 $0
Eufrancia Lash Board Member 0.00
Director
$0 $0 $0
Climon Lee III Board Member 0.00
Director
$0 $0 $0
Darrin Toney Board Member 0.00
Director
$0 $0 $0
Joe Simmons Board Member 0.00
Director
$0 $0 $0
Jeffrey Waterman Board Member 0.00
Director
$0 $0 $0
Larry Thomas Board Member 0.00
Director
$0 $0 $0
Nathan Hagins Board Member 0.00
Director
$0 $0 $0
Michael Campbell Board Member 0.00
Director
$0 $0 $0
Marvin Logan Board Member 0.00
Director
$0 $0 $0
Richardo Myers Board Member 0.00
Director
$0 $0 $0
Roger Johnson Board Member 0.00
Director
$0 $0 $0
Samuel DeShazior Chairman 0.00
Officer Director
$0 $0 $0
David Brown Vice Chairman of Management 0.00
Officer Director
$0 $0 $0
Horace Highland Vice President of Business & Financ 0.00
Officer Director
$0 $0 $0
Carlton Barnett Vice Chairman of Development 0.00
Officer Director
$0 $0 $0
Todd Jackson Secretary 0.00
Officer Director
$0 $0 $0
Paul Stallings Treasurer 0.00
Officer Director
$0 $0 $0
Albert Bragg 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 $347,302 $378,276 $628,245 $-30,974
2024 $314,226 $418,575 $600,416 $-104,349
2023 $317,322 $480,775 $622,535 $-163,453
2022 $306,709 $435,921 $647,696 $-129,212
2021 $321,006 $422,258 $707,045 $-101,252
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